Author: Staff
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Bitcoin tests critical intraday support. Is the Grayscale catalyst fading?
The bitcoin move on Tuesday August 29th 2023 had the crypto bulls excited. The catalyst? The US Court of Appeals for the D.C Circuit siding with Grayscale in a lawsuit against the Securities and Exchange Commission (SEC) which had denied the Company’s application to convert the Grayscale Bitcoin Trust to an ETF. Bitcoin, Ethereum and…
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Lancaster Resources (LCR.C) completes Trans Taiga Lithium Project acquisition
Let’s be honest, right now there isn’t a broker in Canada that hasn’t put together a lithium exploration vehicle, which indicates not just that there’s a lot of interest in green energy, but also that it’s tough to show you’re serious in your efforts to build an actual company in that space. Lancaster Resources (LCR.C)…
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Why I bought it: Ashley Gold (ASHL.C)
This past month I participated in a financing for a gold exploration company called Ashley Gold (ASHL.C). You may be wondering why, at a time when gold explorers are throwing nooses over the rafters and writing ‘goodbye cruel world’ notes, I would commit to leaving my cash in a four-month hold on one of them,…
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Jerome Powell signals higher rates may be needed
When Nvidia blew out earnings, many saw it as a catalyst to see stock markets break out higher. However, certain technical patterns and levels I have been highlighting in my Market Moment articles told my readers and I that the downtrend was not over. This, I believe, is the power of technical analysis. But fundamental…
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Fansunite (FANS.T) makes more changes in charge toward profitability, stock jumps
For a few months I’ve been telling people, any time I get a chance, that Fansunite (FANS.T) is a tech company to watch. Why? Because it’s at the late stage of a long process shifting away from being a global betting platform and toward being a supplier of paying customers to betting platforms. Here’s the…
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Silver rallies five trading days in a row! Is China the catalyst?
After multiple red days in a row after breaking a key support level, silver has rallied for five trading days in a row setting up a key retest of broken support. At time of writing, silver is up over 8% since the beginning of this run-up starting August 18th 2023. And what are the catalysts…
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Bitcoin tumbles on Elon Musk’s SpaceX dumps holdings
Last month, I gave readers my Bitcoin analysis and highlighted key levels. At that time, Bitcoin was testing a key resistance zone and after weeks of futile attempts to break through, the sellers piled in. There was one key breakdown of critical support which then turned my mood bearish. This is the chart and projection…
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Friday Forensic: Is the run on Emerita Resources (EMO.V) sustainable?
Okay, everybody shush now and pay attention, because the markets are crap and your portfolio has been hurting and we’re just bloody sick of all that. It’s time to make some money on a runner and your old pal spotted one a month ago that has been buying daddy a lot of steak.. Emerita Resources…
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Fansunite (FANS.T) promised a turnaround, and boy are they delivering
In the realm of modern business, where numbers tell tales of triumphs and plans, Fansunite (FANS.T) is emerging as a protagonist with a promising story to share. The sports betting company has made a paradigm shift from promise to delivery in recent months, trimming back to a high margin, high growth core, and is starting…