Chris Vermeulen’s Technical Trader Tip Of The Week – October 18, 2021
Join Chris as he talks about KRE ETF which is the Regional Bank Sector ETF that had a very strong run the past year. This sector which is holding up exceptional well could end up becoming one of those market leaders. Subscribers to any service at The Technical Traders: Please let us know via a member ticket what you would like to learn about and we will do our best to make sure this happens. Non-subscribers: Please enjoy these micro-lessons as a way to further your education and understanding of how a technical trader…well…trades! “Chris and his team are providing
The Warrant Report – Will Resource Investors Be Disappointed Again?
The Warrant Report For Week Ended October 15, 2021 Most of my investments are in the resource sector with mining shares and/or stock warrants trading on those companies as well as SPAC warrants. I remain optimistic on both sectors and share my views below. I am greatly encouraged by the performance of gold and believe that we are on the verge of a great upside breakout. As always, could we be disappointed again? of course, but investors let us stay optimistic and follow the charts. As well (below) I have two great articles for you suggesting a breakout coming soon.
Gold Stocks Bouncing Hard
Adam HamiltonOct 15, 2021 The battered gold stocks are bouncing hard, blasting higher over the past couple weeks! That’s despite the Fed still looking to soon start slowing the pace of its epic money printing. Fed-tightening fears had weighted heavily on the precious-metals realm since June. Gold stocks’ sharp rally confirms they have started mean reverting much higher after withering capitulation selling, portending massive gains coming. As a professional speculator and newsletter guy for over two decades now, herd sentiment never ceases to amaze me. The vast majority of traders have no perspective, just a what-have-you-done-for-me-lately mentality on the markets. That
Copper price soars to new high as stockpiles hit 47-year low
MINING.COM Staff Writer | October 15, 2021 | 8:23 am MarketsTop CompaniesChinaEuropeCopper Inventories available on the London Metal Exchange hit the lowest since 1974. (Stock Image) Copper price hit a record high on Friday as surging power prices threaten to curb supply at a time when exchange stockpiles are at rock bottom. Copper for delivery in December rose sharply for the third day in a row on the Comex market in New York, touching $4.7810 per pound ($10,518 per tonne), the highest since the record hit on May 12, 2021 — and a 12% gain for the week. Inventories available on the London
Industrial metals blast off as energy crisis drags down supply
MINING.COM Staff Writer | October 15, 2021 | 11:40 am IntelligenceMarketsEuropeAluminumZinc Credit: Nyrstar The world’s most crucial metals continued to surge higher on Friday, with zinc recording the biggest daily gain in six years after hitting a 14-year high Wednesday and aluminum holding near a 13-year high, as energy shortages continue to disrupt the global supply chain. Producers of industrial metals from zinc to aluminum are restricting output as rising energy costs outpace the spike in metal prices, or because of power restrictions in key economies such as Chin “As most metals are in backwardation and physical demand high, the ingredients are there for materially higher
Gold Price Flag Suggests A Big Rally May Start Soon
As precious metals traders have waited out this extended sideways/downward price contraction in price over the past 14+ months, a very broad Pennant/Flag price formation is nearing an APEX level which suggests Gold may begin a new rally phase over the next 60+ days. Support near $1675 is a critical price level that has been tested three times over the past 8 months. The true APEX of the Pennant/Flag price formation will be reached near November 15, 2021 – nearly 30 days before the US Debt Ceiling issue will become another big issue in Washington DC. GOLD PRICE FLAG INITIATED
A Sneak Peek At The Weekly Technical Investor Report Subscribers Receive
Welcome to a sneak peek at the weekly report that Chris Vermeulen sends to all Technical Investor subscribers. Get a feel for how he sees and interprets the markets and if you are curious for more, head to The Technical Traders to explore the three newly bundled ETF subscriptions he offers. The Technical Investor (TTI) BAN Trader Pro (BAN) The Technical Index & Bond Trader (TIBT) “Chris and his team are providing investors with a great road map for the direction of the markets, which is why I am also a paid subscriber to TheTechnicalTraders services and encourage you to consider a subscription as
Weekly Comment Archive 10-10 to 10-16
Wednesday October 13 (email) Took the full exit on RBAC.WS between 1.25-1.29 looking to redeploy, will update on the morning audio tomorrow Thursday Have a great day, Jeff 10:13 AM MST Thursday October 14 (email) Good Morning, we took the full exit on ACEVW in the pre-market today at 1.05 for a reasonable gain. Hope you all have a great morning. Jeff
Janus International Group, Inc. (NYSE: JBI, JBI.WS) Announces Redemption of Warrants
TEMPLE, Ga.–(BUSINESS WIRE)–Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”) today announced that the Company will redeem all of its outstanding warrants (the “Warrants”) to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated as of June 7, 2021 by and between the Company (f/k/a Juniper Industrial Holdings, Inc.) and Continental Stock Transfer & Trust Company (the “Warrant Agent”) and the Warrant Agreement, dated as of July 15, 2021, by and between the Company and the Warrant Agent (together, the “Warrant Agreements”), for a
Where The SP500 Is Headed Next Week
Everyone wishes they knew where the stock market was going to go next. What sector is going to rally? When is the subsequent market sell-off? When and where to put your money to work are the questions strive to figure out. Nothing is perfect. You cannot predict the future, but if you follow something close enough, you can get a good feeling of where it’s headed next, based on what it has recently been doing. “Chris and his team are providing investors with a great road map for the direction of the markets, which is why I am also a
“Critical Tipping Point” – Sprott Money Precious Metals Monthly Projections – October 2021
Chris sits down with Craig Hemke from www.sprottmoney.com to talk about the dollar index, precious metals, and breaks down all the gold and silver charts you need to separate the tricks from the treats. Based on the weekly chart, we’ve got a big potential double bottom in US dollar index. If the dollar breaks to the upside, we may see a very significant run. Overall, the dollar can either reverse and sell-off while precious metals put in a significant bottom, or the dollar can break and run as fear in the market continues to climb. “Chris and his team are providing investors
Weekly Comment Archive 10-03 to 10-09
October 6, 2021 (email) Good Morning Everyone, It feels like forever since the mails have come from me but it has been a holding pattern with continued cost averaging. Today I began adding CRHC.WS as it has been on the list numerous times and with its rank in the index again and a red day it made sense to take a position between .89-.90 Also took the exit on Oct 7.50 DNA Puts for a hefty gain and picked up a variety of low priced extras for things in the portfolio e.g. VTAQ Warrants @.20 (these are 2:1) Audios have
The Beauty Health Company (NASDAQ: SKIN, SKINW) Announces Redemption of All Outstanding Warrants
The Beauty Health Company (“BeautyHealth” or the “Company”; NASDAQ:SKIN), a global category-creator in beauty health leading the charge with its flagship brand HydraFacial, today announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated September 29, 2020, by and between the Company and Continental Stock Transfer & Trust Company (the “Warrant Agent”), as warrant agent (the “Warrant Agreement”), as part of the units sold in the Company’s initial public offering
Proterra (NASDAQ: PRTA, PTRAW) Announces Redemption of Public Warrants and Private Placement Warrants
BURLINGAME, Calif., Sept. 27, 2021 (GLOBE NEWSWIRE) — Proterra Inc (Nasdaq: PTRA) today announced that it will redeem all of its public warrants (the “Public Warrants”) and private placement warrants (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”) to purchase shares of Proterra’s common stock (the “Common Stock”) that are governed by the Amended and Restated Warrant Agreement, dated as of June 14, 2021 (the “Warrant Agreement”), by and among Proterra, Computershare Trust Company, N.A., a federally chartered trust company, and Computershare Inc., a Delaware corporation (collectively, “Computershare”), as warrant agent and transfer agent, and that
Gold Falls But Key Juniors Rise
Morris HubbarttSuper Force Precious Metals Video AnalysisSep 17, 2021 Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. PLEASE GO TO 321.COM FOR THE COMPLETE ARTICLE BY MORRIS HUBBARTT