Tag: stock market
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One of the top performing commodities of 2023 was… orange juice?!
Yup. You read the title of this article correctly. One of the best performing commodities of 2023 was orange juice. Some of you may be surprised that orange juice even has a tradeable market, but yes, one can trade orange juice futures and CFDs. As we close out the year, let’s look at the year…
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Meme Stocks and AMC – Can you force value just cause you like it?
As I wrote in an earlier article about meme stocks, the arc of Gamestop is a precipitous disaster. The stock gained fame when Flaming Kitty sold a bunch of investing newbs who found the internet more interesting than the real world, that Gamestop, despite obvious fundamental weaknesses, was going to the moon. The whole venture…
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The Trading Desk: Commodities and the Santa Claus Rally
Ah the last two weeks of 2023. The Christmas to New Years holiday trading tends to be quiet in terms of economic data and corporate press releases. Most institutional traders are on holidays. Retail traders have nothing better to do. Because of the lower liquidity, these few weeks tend to see either range bound price…
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How to cash in on the Helium demand: RHC.V, AVN.V, DME.V
Helium was one of the top commodity performers of 2022, and with recent supply imbalances, many investors are looking to cash in on the helium demand. First off, why helium? (By the way, we are not talking about the Helium (HNT) cryptocurrency). So what exactly is helium? After hydrogen, helium is the second most abundant element…
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Bitcoin to $50,000 by year end?
Back on October 24th 2023, I laid out my technical analysis for Bitcoin and told the bulls that a major breakout had triggered. The breakout zone was the $31,000 zone and I expected upwards momentum while the price of Bitcoin remained above this price level. In that article, my next resistance zone came in at…
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Nine Mile Metals (NINE.C): Pioneering the Future of Mining with CEO Patrick Cruickshank
Mining is an industry often characterized by its robust challenges and immense rewards. Leading the charge in this dynamic sector is Nine Mile Metals (NINE.C), under the visionary leadership of CEO Patrick Cruickshank. In a recent in-depth interview, Cruickshank sheds light on the company’s innovative strategies, groundbreaking explorations, and his journey as a mining CEO.…
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Gold rally faces a key test
On October 3rd 2023, I published an article which caused some fright among metal bulls. I outlined how the technicals indicated that silver could go below $20 and gold below $1800. I outlined key technical levels which had been breached and thus led to sellers piling in. Here are the charts which I put up…
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US retail sales blow expectations! What economic slowdown?
While many traders and investors wake up early on the West Coast to open charts of the stock markets, the very first markets I look at before my morning cup of coffee are the debt markets. Of course if you are a regular reader of my work then you know why I do this, and…
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Top 5 gainers and losers on the stock market
In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers FRX Innovations Inc. (FRXI.V) Market Cap ~ $8 million FRX Innovations Inc. is a leader…