Britain has voted to exit the European Union and its prime minister has resigned in the wake of the Brexit vote. The markets have, so far, reflected the world’s uneasy reaction to the event. But it is early days, says newsletter writer and technical analyst Clive Maund, who offers his views on the day after […]
Markets Roiled as Britain Votes Itself Out of EU Read More »
Regardless the outcome of the Brexit vote, the European Union is failing, according to newsletter writer and technical analyst Clive Maund. The consequences will likely include a soaring dollar and a falling euro, market volatility and a slide in the prices of some commodities, but Maund has identified ways investors can profit from the chaos.
How the Brexit Vote Will Affect the Markets Read More »
Technical analyst Jack Chan believes a correction in oil prices is underway, and advises investors to use caution in a vulnerable market. Our proprietary indicator has turned down from multiple divergences this week. Oil stocks as represented by $OSX remains on a major sell signal, which is now two years old. Crude oil triggered a
Oil Prices Send Sell Signal Read More »
Drilling has revealed massive pitchblende near NexGen Energy’s Arrow zone on the Rook 1 property in the Athabasca Basin. Here’s what the analysts have to say. According to NexGen Energy Ltd. (NXE:TSX.V; NXGEF:OTCQX), drilling in the area 180 meters southwest of Arrow has intersected significant off-scale radioactivity associated with extensive visible uranium mineralization. The company
NexGen Drilling Reveals Massive Pitchblende Read More »
Technical analyst Jack Chan demonstrates the divergence between oil equity prices and the underlying commodity. Oil stocks as represented by $OSX remains on a major sell signal, which is now two years old. Crude oil remains on a short-term buy signal, but is due for a correction. COT data indicates that speculation remains at levels
Crude Oil Is Due for a Correction Read More »
Technical analyst and newsletter writer Clive Maund lists the reasons he believes oil prices, which recently peaked above $50/barrel, are headed for a fall. Enlarge Chart It still looks like oil is topping out here at about the $50 level after its substantial recovery uptrend from its February low. While we cannot be sure until
$50/Barrel Oil Won't Last: Why Chances of a Breakdown Are High Read More »
Streaming/royalty stocks have been darlings of the commodity investment world. In the precious metals sector, this type of company provides financing for mining companies in the form of an upfront cash payment in exchange for a percentage of production or revenues from the mine. Jason Hamlin of Gold Stock Bull profiles two streamers often overlooked
Two Overlooked Streaming Stocks with Huge Upside Potential Read More »
The energy sector is a tricky place to invest right now, with a fine line separating the next bankruptcy candidate from a tenbagger. Chen Lin of the popular newsletter What Is Chen Buying?, What Is Chen Selling? helps investors navigate this minefield with three companies he believes will come out on top. The recent news
Three Overlooked, Undervalued Picks for Today's Energy Market Read More »
Joe Reagor of ROTH Capital Partners explains the factors that have kept uranium spot prices down, how much longer they will be in effect, and why uranium should be on investors’ radar screens today. He also discusses four uranium companies that are in position to benefit from the looming uranium shortage. The Energy Report: How
When Will Uranium Emerge from the Shadow of Fukushima? Read More »
Technical analyst Jack Chan highlights sell signals in the energy sector. Our proprietary energy cycle indicator turned down this week from the divergence as noted previously. OIH (VanEck Vectors Oil Services ETF) is now on a sell signal. XLE (Energy Select Sector SPDR Fund) is also on a sell signal. XEG:TSX (iShares S&P/TSX Capped Energy
Energy Sector Showing Sell Signals Read More »