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Precious Metals Encounter Long-Term Resistance

A few weeks ago we wrote that precious metals were at risk of a correction. First, they powered higher. But last week they ran into technical resistance levels that date back well beyond only a few years. This is true for Gold, Silver as well as the miner ETFs: GDX and...

Updating January's Rare S&P 500 Setup

THIRD CONSECUTIVE MONTHLY CLOSE As described in detail below, when the S&P 500 closed above the monthly Bollinger Band centerline at the end of January, it aligned the present day with favorable historical probabilities and also provided some distance from setups in the 197...

The Message From The Stock/Bond Ratio

BONDS WERE EXTENDED AT THE END OF MAY Rare extended look on May 31, 2019. A June 4 post outlined an extremely rare and extended condition in the bond market that had only occurred ten times in the past thirty-three years. The historical cases told us to be open to a pe...

Buzz on the Bullboards: Today’s gainers and tomorrow’s winners

Investors dealt with another rate increase from the U.S. Federal Reserve, but could it be the finale for awhile? Time will tell, but many hope this, the 10th straight rate increase reaching its highest point in 16 years, will be enough to help calm unreasonably high ...

Has Oil Topped Yesterday?

Just like all good and bad things alike come to an end, so do “never-ending” rallies. Crude oil declined well over 5% today, which might mean that we already saw the end of the rally. But did we certainly see it? Will crude oil be trading lower shor...

What's ahead for Apple after its rough start to 2024?

Year to date, Apple Inc. shares are down more than 10 per cent In April, Apple lost its top spot on the global smartphone list, replaced by Samsung “There are still current estimates suggesting that Apple can return 50 per cent this year&CloseCurlyDouble...

A Unique Play in the Hungry US Hemp Market

(Image via Cascadia Extracts.) Utilizing high capacity CO 2 extraction equipment to tap into the extremely underserviced hemp market, Cascadia Extracts ( P. CASCADIA , Forum ) uses unique technology to take advantage of the significant benefits associated w...

History Says Stocks Can Perform Very Well After Big Oil Shocks

HOW CONCERNING IS THE RECENT SPIKE IN OIL PRICES? Monday’s news was filled with blurbs similar to the one below from CNBC: “Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic g...

The Die Is Cast

One of my good friends from the 1980s and 1990s was the late Ian McAvity, a superb technical analyst, a founder of Central Fund of Canada, a Bay Street Mover and, most importantly, a humble and thoroughly enjoyable man. He was the first newsletter writer that I came acros...

A Passion for Cannabis. A Plan for Profit.

(Click image above to play video) Savvy investors and smart consumers can usually detect quality. And, a company’s commitment and passion for attaining it. Sugarbud Craft Growers Corp. ( TSX-V: SUGR , OTC: RLLRF , Forum ) is a Calgary-based...
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