Wealth Creation Through Natural Resources
After rallying more than 60% during April & May shares of Continental Gold (CNL.TO) have pulled back 20% during the past few weeks: The recent pullback has formed a falling wedge pattern which would resolve higher on a breakout … Continued
A note on the current dynamic in the uranium market from Haywood Securities this morning: “Uranium market conditions continue to suffer in the wake of Fukushima. The attrition of major projects in the global production pipeline will go some distance … Continued
Say what you want about the AAII Sentiment Survey, undoubtedly it’s quite flawed and that’s not a surprise to anyone. However, the survey which came out this morning (which represents how investors were feeling at the end of last week … Continued
After last week’s bond rout/rate rally many sell-side analysts came out over the weekend calling for investors to get into bonds to take advantage of the sell-off. This morning prices are even better as the 30-year yield rises above 3.20% … Continued
Making women’s butts look better is big business and today’s performance by shares of Lululemon (LULU) is clear evidence of this fact: Shares of the yoga apparel & accessories retailer rose nearly 11% on nearly 8x average trading volume. Perhaps … Continued
Written by: James Fraser via CEO.ca A look at some of my favourite news releases out this morning. Pretium Resources (PVG:TSX) – Pretium has provided an update on the Brucejack Project in northwestern British Columbia. 2015 plans for the uber high … Continued
The S&P 500 is testing an important level of support that has led to a rally each of the last 3 times that it’s been tested: With the S&P working on its 4th consecutive down day and below the … Continued
GDX passed an important test of support today. The goldies were looking absolutely dreadful this morning but buyers showed up near a crucial area of support around lunchtime and put the throttle to the floor into the close: $18.75 … Continued
BitGold (XAU:TSXV) has taken the TSX Venture by storm the last couple weeks before settling down this week. The stock has been a roller coaster since trading first began on May 13th. BitGold is building the world’s largest online … Continued
Weekly chart wrap for the week ending 6/5/2015 – we saw some seismic moves in interest rates as equities began to show some chinks in their armor. The current trends are as follows: Oil: Oscillating within a range Precious metals: … Continued