Wealth Creation Through Natural Resources
Tiny Quebec based oil & gas explorer Junex (JNX.V) staged an enormous rally last week which at one point saw its shares higher by more than 150% in just 4 trading sessions: The discovery of a conventional oil play … Continued
Daily Commodity Chart Wrap 2/26/2015: Brent Crude Oil (Daily) Brent crude remains in an uptrend above $60. Copper (Daily) Very impressive move in copper today as it surged above the falling 50-day simple moving average. Previous … Continued
While most market participants have been focused on crude oil, natural gas is poised for a powerful upside move over the coming weeks: A fairly impressive rounding bottom pattern has formed during the last month in front month natural gas … Continued
Energy & Gold is conducting interviews with top investors, executives and companies in the resource sector. Here is our first interview with the legend from 321gold Bob Moriarty – Gold Bottom in, New Bull Market will make 2008-2011 Look Tame Mining.com: Gold … Continued
We are starting to see some very constructive bottoming patterns among individual energy names. One name in particular that we have had an eye on in recent weeks broke out on heavy volume from a head & shoulders bottom pattern … Continued
Oil implied volatility as measured by the OVX (CBOE Crude Oil Volatility Index – at top of chart below) is breaking out to the highest levels seen since the 2008 Global Financial Crisis: Meanwhile, realized volaility (as measured by the average … Continued
Everyone is talking about oil this morning, meanwhile Tommy Humphreys has an insightful piece on the future of small public offerings in Canada… Marketwatch: 3 reasons for oil’s crazy bounce Bloomberg: Greeks Spooked by Debt Clashes Put Cash Under Bathroom Tiles CEO: TSXV vs … Continued
Last week we highlighted 6 positive signs for crude oil. As it would turn out less than 48 hours later crude would briefly break below $44 only to quickly reverse sharply higher and end the week above $47/barrel: As the saying … Continued
The XOP (SPDR S&P Oil & Gas Exploration & Production Index) rose nearly 6% on the day for its 2nd strongest single day performance since December 2011: Today also marks the first daily close above its 50-day simple moving average … Continued