Tag: trading
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![Japan’s Nikkei near 20 month highs, closes above 30,000]()
Japan’s Nikkei near 20 month highs, closes above 30,000
While US stock markets, European stock markets, and many other Asian stock markets continue to chop around and range, one market in Asia is on a tear. Japan is drawing in investor money and it really all began with the Oracle of Omaha, Warren Buffett. I recently gave my thoughts and technical levels on Japan…
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![Home Depot posts worst revenue miss in 20 years, signs of recession?]()
Home Depot posts worst revenue miss in 20 years, signs of recession?
Home Depot (HD) reported fiscal first quarter 2023 earnings which mostly missed estimates and has raised concerns that the consumer is being tapped out. Put it another way in our consumer based economy, are signs of an economic slowdown or recession increasing? This has been on the mind of investors ever since the Fed has…
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![Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand]()
Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand
This year, one of the largest sector momentum trades was/is AI. The US markets saw AI stocks pop to kick off 2023. Take for example C3.ai under the ticker AI: BigBear.ai under the ticker BBAI: We saw the same pop move in Canadian AI names such as FOBI AI: Big pops at the beginning of…
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![Fed hawkish pause, regional banks tanks, and gold nears record highs!]()
Fed hawkish pause, regional banks tanks, and gold nears record highs!
Well what developments in the past 24 hours. Investors and traders were anticipating the Federal Reserve meeting. A 25 basis point hike was expected along with some statement hinting at no more interest rate hikes. Well, the market got the 25 basis point hike (the Fed’s 10th rate hike in a row), and some sort…
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![First Republic Bank troubles weigh in on stock markets]()
First Republic Bank troubles weigh in on stock markets
As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts warned that the regional bank crisis is not over when you consider the fact that deposits are shrinking, lending (a bank’s primary business) is slowing, and…
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![Short bet against Canadian Bank TD increases by 45%]()
Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
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![Does this weeks earnings point to a recession?]()
Does this weeks earnings point to a recession?
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting earnings to be somewhat mixed or tepid as higher interest rates begin showing their impact on the real economy and resulting in an economic slowdown or…
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![Silver demand hits record highs in all categories]()
Silver demand hits record highs in all categories
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained that gold (and silver because it follows the price action of gold!) will go up when there is a sense of a confidence crisis. When people…
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![Evolution Potash: A better way to produce eco-friendly potash]()
Evolution Potash: A better way to produce eco-friendly potash
Agriculture was once making major headlines due to the war in Ukraine. It seems that those headlines have subsided, however food inflation remains to be a concerning topic for the middle class. A lot of this has to do with supply chains and the pressure on agriculture. Agriculture doesn’t get much love from long term…
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![Beyond Minerals (BY.CN) becomes largest Greenfield Lithium player in Ontario]()
Beyond Minerals (BY.CN) becomes largest Greenfield Lithium player in Ontario
Beyond Minerals (BY.CN) engages in the acquisition, development, and exploration of mineral property assets in Canada. The company primarily has a focus on Lithium, a commodity with great fundamentals given the increasing demand for Electric Vehicles. It holds a 100% interest in the Eastchester-Fabie-Trudeau property, which comprises 37 non-contiguous mining claims located northwest of Rouyn-Noranda,…
