A Fascinating Chart
This is a fascinating chart showing a large spike in short interest in S&P 500 stocks during the last couple of months: Short interest (number of total shares sold short) had been in a relatively tight range for the … Continued
A Notable Divergence in the Gold Miners
A notable divergence took place today between gold miners (GDX) and gold itself: GDX rose 2.46% as gold fell 1.1%. This is a large divergence which could be explained by a multitude of factors (month end rebalancing, ~2% rally in … Continued
Why The Time To Step In And Buy Stocks Is Quickly Approaching
US equities as represented by the S&P 500 have broken major long term uptrend lines. However, thus far the index is holding above key support near the SPX 1820 level: SPX (Weekly) As bearish sentiment mounts and the technical backdrop … Continued
Open Pit Operations at Cancana JV Provides Further Confirmation of Hydrothermal Manganese Model
Wednesday, September 30th, 2015, Vancouver, BC, Canada – Cancana Resources Corp. (TSX.V:CNY) (“Cancana” or the “Company”) and its joint venture partner Ferrometals, together the “JV”, are reporting results from operations at the Dnei site that support previously completed geophysical survey … Continued
Are Crude Oil Markets Underestimating ISIS?
Thus far Iraqi government forces and various Iran backed militias have managed to keep ISIS from capturing and/or inflicting damage on key Iraqi oil infrastructure. However, RBC points out that despite significant coalition airstrikes ISIS has not sustained material diminution … Continued
A High Probability Trade Setup
The best trade setups occur when many different factors align simultaneously. Case in point the IBB (Biotech iShares) chart today: Here are the factors which lined up simultaneously today: ‘Oversold’ (RSI-14 below 30) Down 7 consecutive days Below lower … Continued
Deep-value copper call option in Montana’s rolling hills
Via CEO.ca and Written Tommy Humphreys 2015 will be remembered as a period when investors could buy world-class natural resource assets for pennies on the dollar. Tintina Resources (TAU:TSXV, TINTF:OTCQX) owns one of the highest-grade undeveloped copper deposits, in an … Continued
The Next Leg Higher in Gold Begins – Targets $1200
Gold is ripping higher this morning amid heightened fears of global deflationary pressures and a slew of central bank rate cuts (Norway, Taiwan, etc.): This morning’s move higher is highly significant because price decisively broke above last week’s resistance … Continued
A Significant Opportunity in Manganese
Cancana’s Brazil Manganese Corporation project (BMC) in the the northern state of Rondonia in Brazil is uniquely positioned to capitalize on Brazil’s emergence as the world’s new breadbasket. The BMC project is poised to meet a growing domestic and global … Continued
Exploration Legend Ron Netolitzky’s Return to B.C.’s Golden Triangle
Via CEO.ca and written by: Tommy Humphreys These are still early days at Skeena Resources’ $SKE (TSXV) Spectrum gold project, located in B.C.’s Golden Triangle, but early signs are promising. It’s where Skeena chairman Ron Netolitzky is going for his … Continued