Wealth Creation Through Natural Resources
I have paid less and less attention to sentiment surveys over time, however, this morning’s AAII Sentiment Survey is notable in that nearly half of those surveyed hold a neutral stock market view for the next 6 months: I don’t … Continued
After a more than 60% rally from the early February low investors are beginning to turn skeptical on crude oil again: Barclays Research highlighting the large turnaround in managed money positioning… Macquarie Research takes the opportunity to make … Continued
We have not kept it a secret in recent days that we have turned short term bearish on gold and gold miners. Today the gold miners as represented by the GDX sold off 4.3% and there are mounting signs of professional … Continued
There are a plethora of reasons to be bearish on equities, ranging from the proxy war escalation in Syria to a potential hard landing in China. However, there are some subtle yet powerful reasons that investors may want to consider … Continued
The following two charts indicate that it’s time to seriously considering adding to OR initiating new equity long positions: The AAII % Bulls is currently below where it was at the 2009 low; this speaks volumes as to the … Continued
After a week of turmoil across global equity markets the U.S. market posted its 3rd best single day gain ever. S&P 500 E-mini futures (ES) are now on the brink of completing a powerful bottoming pattern: Since Sunday evening’s … Continued
An interesting dynamic has taken shape in gold in recent weeks. As price has continued to oscillate in a roughly $30 range between $1075 and $1105 sentiment has further deteriorated, here is a small sampling of some of the headlines … Continued
“Is this it for gold?” is the question many are asking themselves this morning. With the yellow metal falling $50/oz in a matter of minutes Sunday night one has to wonder if the coffin is closing for the long-term gold … Continued
While there are literally dozens of valid reasons to be bearish on equities right now, there is one simple reason to be bullish that trumps them all. The case for more upside in equities over the coming weeks: While … Continued
After a parabolic rally (sell-off in the Canadian dollar) to begin the year, the USD/CAD has been working on putting in a top for the past couple of months: The key level to watch here is 1.2380 – a … Continued