Gas Guzzlers Are Back!
A note via RBC: “Total new US auto sales were evenly split between cars relative to trucks and SUVs in the five-year period leading up to 2015, but the latter category now makes up about 60% of total new … Continued
Pick. Play. Win!
Missing out on your playoff hockey pool this year? Try your investing skills and you could win a $500 prize! Stock pools is fantasy sports for stocks. Completely free, no risk, real prizes. Its that simple. Pick. Play. Win. Join … Continued
No Hurry To ‘Buy The Dip’ in Gold Miners
The gold miners took a beating today in the form of a 7.90% decline on more than 2x average daily volume. Aside from the already mentioned bearish implications of a decline of this magnitude, the backtest results for declines on … Continued
Metals & Miners: The Summer Correction Has Begun
We have not made it a secret that we have interpreted the recent volatile, high volume trading range in the gold miners (GDX) to be a bearish prelude to a summer correction. After more than doubling from the all-time low made … Continued
Strong U.S. Crude Oil/Gasoline Demand as Crude Approaches $50
The following two charts help to explain the seemingly relentless bid in crude oil: We are well above average in terms of demand for both gasoline and crude oil for this time in the year. Moreover demand usually does … Continued
CEO-Roaster Video Webinar with Jericho Oil
via Stock-Telegraph.com Already in January during my trip to Vancouver I was introduced to a very interesting company by one of my Canadian brokers. He was speaking very highly of the strategy and achievements of Jericho Oil Corp. (TSX-V: JCO) … Continued
Select Sands Surges on Proposed Gold Asset Sale
This morning Select Sands Corp. (SNS.V) announced that they have entered into a letter of intent in respect to a proposed purchase by Comstock Metals (CSL.V) of Select Sands’ Preview SW gold project located in the La Ronge district of … Continued
Jericho Oil Publishes Annual Letter to Shareholders
VANCOUVER, BC and TULSA, OK–(Marketwired – May 16, 2016) – Jericho Oil Corporation (“Jericho”) (TSX VENTURE: JCO) (OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders from Chairman and CEO, Allen Wilson. The full text of the … Continued
Speculative Length in Silver Futures Reaches Record Levels
The total speculative net notional length in silver futures is currently at a record ~$8 billion! Surpassing even April 2011 levels when silver nearly touched $50/ounce: While this sort of record interest is indicative of a bull market, to … Continued
Energy Stocks Lag Crude Oil Rally
WTI crude oil has nearly doubled from its February low, meanwhile the performance of oil stocks has begun to lag noticeably: There are many reasons for this phenomenon, and many reasons why the oil/oil stock divergence has widened significantly … Continued