Connect with us

Precious Metals

How to become a better investor ?

The next type of attack via the stock market will be to consistently trigger a stampede. At some point in time, 3600 to 4500 point moves in the Dow will…

Share this article:

Published

on

This article was originally published by Tactical Investor

Better Investor

The next type of attack via the stock market will be to consistently trigger a stampede. At some point in time, 3600 to 4500 point moves in the Dow will become standard operating procedure. Market Update, April 30, 2021

This current pullback could end being the first time the above strategy is put into use. The Dow could shed between 7 to 11 per cent from its highs. Taking the midpoint, it would translate to a move to the 30,450 to 31,800 ranges. The Dow could shed up to 3,700 points on the high end, meaning the above strategy would be in play.

Before continuing, remember that the only thing to fear is fear itself when the trend is up. We have been through this before, and we came out mostly unscathed. Nothing, at least in the near foreseeable future, can compare to the COVID crash. Most importantly, we came out swinging hard. We banked massive gains due to the opportunity that the crash provided us.

united states stock market index

What about the “it’s different” this time argument? Rubbish!! that is all we have to say to anyone coming up with that line. Look at the above chart. Can you even pinpoint the great depression or the so-called deadly crash of 1987? Every crash gave birth to a new baby bull. The key to banking vast sums of money is to always have some cash at hand and, most importantly, never over-commit funds to a single position. As long as the trend is on our side, we have to view every pullback through a bullish lens. If you are new or still allow your emotions to do the talking, then you best reread Aesop’s fables. No other book will help you get a better grip on investing than this simple book. Start off with the hare and the turtle. We have seen emotions running high on some threads, both in the Market Update and AI Trend trader forums.

To be a better investor: Think out of the box

We examined each of the 30 stocks via their respective monthly charts. Given the strong moves the market has experienced, logic would dictate that most of the Dow stocks would be trading in the overbought ranges. However, the results were somewhat surprising. Fifteen stocks were trading in the oversold ranges, and one stock was trading in the neutral range. So, 53% of the Dow components were either trading in the oversold or neutral ranges.

One could draw two conclusions from this observation:

  1. The odds of the Dow experiencing a strong correction are lower than usual; instead of 10-15 per cent correction, it might pullback in the 5 to 9 per cent ranges
  2. Or it continues to trend higher until over 70% of the stocks are trading in the overbought ranges. Still, specific sectors will experience sharp corrections, otherwise known as a silent correction.

The main piece of data to walk away from this analysis is that we have yet another confirmation that no matter how strongly the market corrects, it would make for a buying opportunity. As we have stated many times in the past, Tactical Investors should hope or even pray for a sharp pullback, for it’s akin to being given free money when the trend is up. Market Update, Feb 14, 2021

Random Information on becoming a better investor

The sit and wait stage break the average investor, especially those who assume their degrees, or high IQ, give them an edge in the markets. The acronym PhD stands for Doctor of Philosophy, but we have a better acronym at the Tactical Investor; permanent head damage. As that is what most PhDs suffer from, especially those originating from the field of economics. The only thing that helps when it comes to the market is to have an open mind and understand the basic principles of mass psychology. Technical analysis provides one with the ability to fine-tune entry points. Astute investors know that the most critical stage in the market is the sit and wait stage, otherwise known as the Patience and discipline stage. Overtrading leads to mediocre gains or loss but more importantly, the stress factor surges by 4X if not more. Factoring the extra stress and the damage it causes to one’s health nullifies any of these gains. Astute investors view health as their number one investment; everything else comes in at a very distant second.

Does it matter if you make money in the first four months or the last three months of the year? Those who understand this simple principle can generate 20% a year with almost no effort and very little stress and significantly more with a bit of work. In the end, health is the ultimate investment, lose your health, and even if you have a billion dollars, you are worse off than a beggar in good health. On the other hand, if you have optimum health and just 50k to 100K, you have the opportunity to turn that into a small fortune, but you are off to a good start as you still have your health

Other Articles of Interest

Better Investor

How to become a better investor ?

The next type of attack via the stock market will be to consistently trigger a stampede. At some point in time, 3600 to 4500 point moves in the Dow will …
Read More
Federal Reserve bank of New York

Federal Reserve bank of New York; What’s their Mission?

Like every other Federal reserve bank, they have on a mission only; Inflate the money supply or die trying. The economic recovery everyone is talking about is pure rubbish. What …
Read More
Inflation and deflation

Inflation and deflation: Which one rules the Roost?

Over the short timeline, inflation could be an issue. Still, the long-term outlook does not favour a sustained period of higher prices. In this update, we will provide evidence to …
Read More
gold and inflation

Gold and inflation: Gold is not the best hedge against inflation

Proof that being a gold bug pays poorly. The argument that Gold is an excellent hedge against inflation is faulty to a degree. You have to know when to buy …
Read More
Reflation Rebuttal

Reflation Rebuttal?

Notice a trend here; the herd always needs something to fret about. The media understands this, so they churn out bombastic stories. If there was no demand for this rubbish, …
Read More
margin debt out of control

Margin Debt: Is it out of control?

Once the Dow challenges 33,000 or the Nasdaq trades past 14.5K, it will move to the “low level” mode. Market Update March 11, 2021 The Dow traded past 33,000, so …
Read More
Stock Market Trends

Stock Market Trends

We labelled this the market of disorder last year for a specific reason. We could use labels such as chaos or insanity, but insanity has a pattern, and even chaos …
Read More
US bond Market & The Dollar

US bond Market & The Dollar

The reflation argument is totally rubbish. What you have is a readjustment situation in play. Trillions of dollars have been added to the money supply, and many of these assets/stocks, …
Read More
Current stock market trends

Current stock market trends

We have said this 100’s of times in the past and will probably have to state it 100’s of times more over the years. The mass mindset is wired to …
Read More
QE - Quantitative Easing

Forever QE on steroids

As more and more jobs are shed, the printing press will move into extreme hyperdrive under the guise of trying to help the poor, but the real intent will be …
Read More
Democrat vs Republican

Democrat vs Republican: Part of the Same Deck of Cards

With the Democrats, the theme will be to help the people at any cost; in other words, pump as much money into the markets. The only difference between Democrats and …
Read More
Stock Market Cycles

Stock Market Cycles: When to buy & when to sit

90% of traders/investors assume there are only two stages in the markets, buy and sell. There is a time to buy, a time to sell and a time to sit …
Read More

The post How to become a better investor ? appeared first on Tactical Investor.









Author: Valdimir Bajic

Share this article:

Today’s News

Phoenix Gold Begins Phase 2 Drilling at York Harbour Cu-Zn-Ag-Co Project in Newfoundland

 

Vancouver, British Columbia – TheNewswire – October 27, 2021 – Phoenix Gold Resources Corp. (TSXV:PXA) (OTC:PGRCF) (Frankfurt:5DE) (“Phoenix…

Share this article:

Vancouver, British Columbia – TheNewswire – October 27, 2021 – Phoenix Gold Resources Corp. (TSXV:PXA) (OTC:PGRCF) (Frankfurt:5DE) (“Phoenix Gold” or the “Company”) is pleased to report that Phase 2 diamond drilling has begun on its York Harbour Mine Property (“York Harbour” or the “Property”) in western Newfoundland, Canada. Three drill holes have been completed during the past 10 days of a planned 27-hole diamond drilling program totalling an estimated 4,225 metres.

The on-site project geologist has reported that the latest drill hole YH21-14 intersected semi-massive and massive volcanogenic sulphide (‘VMS’) mineralization from a drilling length of 105 to 120 m.  After geological and geotechnical logging the drill core from holes YH21-13 and -14 will be transported to the Planet X Exploration facilities in Gander for sampling and later shipping to Actlabs in Ancaster, Ontario for rush ICP analyses and over-limit assaying.

Photographs of the drill core with the reported massive sulphide mineralization intersected by drill holes YH21-13 and 14 are shown as follows.


Click Image To View Full Size

 

       Massive sulphide in DDH YH21-13              Massive sulphide in DDH YH21-14

 

The Phase 1 drilling program was carried out from July 28th to August 14th.  This program, the first on the property since Wolfden Resources’ drilling in 2004, successfully validated historical drilling results with 6 of the 9 drill holes intersecting drill-indicated Cyprus-type VMS mineralization in the historical ‘A’, ‘G’ and ‘H’ zones and encountering similar mineralization both along strike and downdip of these zones.  Two diamond drill holes had to be abandoned when they encountered a wide fault zone, and a third hole intersected a section of the 400 Level adit where it lost circulation and was not completed to its intended depth.

At the present time the Company is awaiting the analytical results for 200 of 300 drill core samples from the Phase 1 diamond drilling program.  Selected mineralized intercepts from 4 of the 9 Phase 1 drill holes were reported in the Company’s news release dated October 12th.  A few of those mineralized intercepts that were previously reported for drill holes YH21-04, -06, -08 and –09 are as follows.

DDH

From

To

Interval

Copper

Zinc

Silver

Target Zone

No.

(m)

(m)

(m)

(%)

(%)

(gpt)

 

YH21-04

180.03

189.54

9.51

1.69

0.13

1.43

H Zone

YH21-06

146.26

194.05

47.79

0.85

0.57

1.49

H Zone

YH21-08

122.30

128.90

6.60

0.62

0.65

3.37

G Zone

YH21-09

5.00

14.54

9.54

1.69

0.11

2.83

A Zone

 

The Phase 2 diamond drilling program has been designed to firstly better delineate the known drill-indicated VMS mineralization for future resource estimations and to explore for additional similar mineralization both along strike and downdip.  Historical underground drill holes report a number of massive and semi-massive mineralized intercepts between and along strike of the known zones but without reported assays.  At two of these historical intercepts the latest drill holes YH21-13 and 14 have confirmed significant VMS mineralization.  Thus, the Phase 2 program will include both delineation and exploration drilling.

In addition to the Phase 2 drilling program exploration work on the property has also included re-locating the No. 4 Brook adit and massive sulphide showing situated approximately 1 km from the current drilling on the eastern limb of the folded volcanic sequence which hosts known VMS mineralization.  On October 16th several field personnel visited the site and reported approximately 15 m of massive and semi-massive sulphide mineralization, including pyrite, chalcopyrite and sphalerite, in a sheared zone near the sloughed-in adit.  This showing is currently accessible via a cut trail but will require upgrading for ATV and drill rig access.  A field crew is currently cutting channel samples across the visible mineralization with shipping and analysis to follow.  This showing is scheduled to be drill tested in early 2022.

Consulting mining engineers of Gemtec, based in St Johns, have been commissioned to apply for permitting approval to enter the 400 Level adit, and in the meantime the Company is investigating the use of a lidar drone to survey the adit this year.

The following figures show the proposed locations of the Phase 2 diamond drilling on the York Harbour property.  The red coloured and hatched bodies in Figures 2 and 3 are the two-dimensional, surface-projected images of the drill-indicated VMS mineralization.  The purple hatched body is the surface projection of the 400 Level adit.


Click Image To View Full Size

 

Figure 1: Plan View of Proposed Phase 2 Diamond Drilling Program, York Harbour Property

 


Click Image To View Full Size

 

Figure 2: Plan View of North Section of Proposed Phase 2 Diamond Drilling Program


Click Image To View Full Size

 

Figure 3: Plan View of South Section of Proposed Phase 2 Diamond Drilling Program

 

About the York Harbour Mine Property

 

The York Harbour Mine Property is located approximately 27 kilometres west of Corner Brook, NL and known to be prospective for its copper-zinc-silver-gold-cobalt massive sulphide deposits. The known mineralization exhibits characteristics consistent with classic mafic-type flow dominated (Cyprus-type) VMS deposits. Similar geological environments and styles of mineralization have formed relatively large copper-zinc deposits elsewhere in Newfoundland at Tilt Cove (9 Mt of between 1% and 12% copper) and in Cyprus at the Mavrovouni mine (15 Mt of 4% copper with zinc and gold); as noted in Messina Minerals Inc. 9th Year Assessment Report (2009).

 

Copper and zinc massive sulphides were first discovered at York Harbour in 1893. Since then a total of 2,134 metres of documented underground drifting and development have been completed for which documentation is available.  Drill core logs and sampling data is available for a total of 19,323 metres of historical drilling that tested eleven lenses or zones of copper-zinc-silver-gold-cobalt massive sulphide mineralization. These zones occur over a 600-metre strike length and many remain open for expansion both along strike and downdip.

 

Most historical exploration and underground development have been concentrated within a 350- metre long segment of a stratigraphic contact between lower and upper basaltic units, and within 150 metres of surface. An overturned synclinal fold is interpreted to extend and repeat the favourable mineralized horizon along the western portion of the property where surface prospects at the No. 4 Brook showing of copper- and zinc-bearing massive sulphides have been discovered and documented in outcrop but have received very little modern exploration attention.

 

J.D. Blanchflower, P. Geo. is a qualified person in accordance with National Instrument 43-101 who has reviewed and accepted the technical material contained in this news release.

 

For further information:

 

Andrew Lee CEO, President and Director

Telephone: 778-302-2257 | Email: [email protected]

Website: www.phoenixgoldresources.ca

 

Cautionary Statement Regarding Forward-Looking Information

 

This news release may contain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to satisfactory completion of due diligence and any acquisition under the Option and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward-looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

 

Copyright (c) 2021 TheNewswire – All rights reserved.

Author: Author

Share this article:

Continue Reading

Economics

7 A-Rated Energy Stocks to Buy Before Winter Strikes

The fact that the Federal Reserve is contemplating shifting its easy money policies as early as mid-November shows that inflation isn’t as transitory…

Share this article:

The fact that the Federal Reserve is contemplating shifting its easy money policies as early as mid-November shows that inflation isn’t as transitory as thought a couple months ago. And that’s great news for energy stocks.

When inflation rises, the dollar weakens as interest rates rise. That means it takes more dollars to buy commodities like oil, for example. Certainly, the supply chain problems have something to do with this but it’s also a lack of supply that started during the pandemic last year.

Now, demand bounces back — until the delta variant slowed things down again — but it’s tough to ramp up production in a quarter or two. It’s certainly a unique situation.

But that doesn’t mean you have to wait until things get better before stepping into the market. Energy stocks like the ones below can be a great addition now, as we see that energy prices will remain high for some time to come. Another noteworthy aspect of these stocks is that each has an A-rating in my Portfolio Grader.

  • Continental Resources (NYSE:CLR)
  • ConocoPhillips (NYSE:COP)
  • Diamondback Energy (NASDAQ:FANG)
  • Marathon Oil (NYSE:MRO)
  • HollyFrontier (NYSE:HFC)
  • ONEOK (NYSE:OKE)
  • Royal Dutch Shell (NYSE:RDS.A, NYSE:RDS.B)

Energy Stocks to Buy: Continental Resources (CLR)

Source: Maksym Vynohradov / Shutterstock.com

Exploration and production (E&P) companies are also called upstream energy companies. That means they’re the ones finding oil and natural gas and then selling it downstream.

CLR is an E&P player that primarily works out of the Bakken Shale in North Dakota and Montana. Its energy leans more toward oil than natural gas but it produces both. And both are in great demand, especially in global markets.

Since extraction costs are more or less fixed for E&P companies, the higher the price of oil and gas means the bigger the margins. And that’s precisely why CLR stock is up 203% year-to-date. But even after that run, its current price-to-earnings ratio is 48x. That’s a little high, but there’s a good chance earnings will be rolling in to justify it.

ConocoPhillips (COP)

a sign in front of the Conoco Philips office buildingSource: JHVEPhoto / Shutterstock.com

COP is a global E&P player with a nearly $100 billion market cap that also operates some midstream (pipelines, transportation) services to move production to demand markets.

This is a good time for COP since natural gas is in high demand in Europe and Japan, and oil is in demand in China. With a global E&P and distribution operation, COP can supply them with what they need efficiently. And COP can realize expanding profit margins.

The stock has risen 95% YTD and is richly valued. But this is the way the energy markets work — big swings in either direction — and we’re in an multi-year uptrend now. Earnings will catch up.

COP also still has a 2.5% dividend, which isn’t beating inflation, but it’s a nice kicker.

Energy Stocks to Buy: Diamondback Energy (FANG)

Image of an oil filed at the Permian Basin.Source: FreezeFrames / Shutterstock.com

FANG is a land-based U.S. E&P that has operations primarily in the Permian Basin, an energy-rich area in West Texas and Southeast New Mexico. The company has numerous properties in the basin and uses unconventional drilling methods — fracking and horizontal drilling — to access the reserves.

About 60% of its production is oil, another 20 is natural gas and the remaining 20% in natural gas liquids (NGLs). All these products are in high demand.

The trouble is, FANG has been struggling to keep its earnings in positive territory recently unlike other energy stocks. This shouldn’t be a problem moving forward, now that global energy demand has kicked into gear.

FANG stock has gained almost 130% YTD and has a 1.6% dividend. There’s still plenty of upside left.

Marathon Oil (MRO)

Marathon Oil (MRO) gas station carport on sunny day with blue sky backgroundSource: Jonathan Weiss/shutterstock.com

Like other E&P plays, earnings haven’t been great for MRO as we slowly emerge from the pandemic and the delta variant wave. But now we’re in recovery mode and demand it rising in all sectors, including energy stocks.

That’s great news for MRO, which has been drilling for black gold since 1887. And with that kind of legacy, today’s markets aren’t anything new to this company. It has seen a few things just as crazy since Grover Cleveland was president.

MRO stock is up 146% YTD and has a sub-1% dividend. But we’re not concerned about dividends now. This is about energy demand growth, and MRO will be a beneficiary.

Energy Stocks to Buy: HollyFrontier (HFC)

Pipelines in the desertSource: bht2000 / Shutterstock.com

Once you get the black stuff out of the ground and ship it along a pipeline, the business of turning it into viable products begins at the refinery. And that’s where HFC comes in. It operates about a half dozen oil refineries and three asphalt terminals.

In energy parlance, refineries are part of downstream operations, along with distribution and marketing to retailers and wholesalers. This is a key part of the process since getting the oil out of the ground doesn’t mean much if it can’t be refined in a timely manner.

HFC is one of the smaller refiners in the U.S. — it has a $6 billion market cap — which means its gains will amplify in current markets. The stock is up 43% YTD and still trades at a decent current P/E around 31x.

ONEOK (OKE)

Image of a gas burner with a blue flameSource: Shutterstock

Founded in 1906 as the Oklahoma Natural Gas Company, OKE is a leading natural gas and NGL marketer in the U.S. NGLs are derivatives found in raw natural gas that are then used in various industrial processes or for fuel.

The most common are ethane (plastic bags, anti-freeze), propane (fuel), butane (synthetic rubber, lighter fuel), isobutane (refrigerant, aerosols), pentane (gasoline) and pentanes plus (gasoline, ethanol).

The U.S. is like the Saudi Arabia of natural gas supplies. Even as prices have risen domestically, overseas prices are triple or are higher than they are here, which makes for great export opportunities.

This is a very good time for natural gas companies regardless of where they sit in the supply chain. And OKE is a sure beneficiary of the current demand but also a growing transition to cleaner burning (more efficient) fuels, which also boosts its interest with ESG investors.

OKE stock is up 75% YTD yet it only has a current P/E of 22x and offers an inflation-pacing 5.8% dividend.

Energy Stocks to Buy: Royal Dutch Shell (RDS.A)

The Royal Dutch Shell (RDS.A, RDS.B) logo on a gas station in Iceland.Source: JuliusKielaitis / Shutterstock.com

As measured by revenue, Shell is among the largest companies in the world. That’s some rarified air. But if you can recall a few years ago, when energy prices were headed in the opposite direction as they are today, RDS.A wasn’t very attractive. It had cut its dividend and was tightening operations, shuttering wells … the whole nine yards.

But in good times, the big integrated oil companies are like the desert blooming after a rain. Big energy stocks can grow their margins upstream, midstream and downstream. And just a little growth in margins is huge when you’re talking about the scale of RDS.A.

Plus, Shell is actively looking to establish itself in renewable and alternative energy markets as well. For example, it can convert some of its natural gas into “blue” hydrogen and then begin to use its filling station networks as distribution points.

The stock has risen 35% YTD and it has a P/E of 34x. It also has a 2.6% dividend that’s unspectacular but dependable.

On the date of publication, Louis Navellier has a position in COP in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video… exposing one of the most shocking events in our country’s history… and the one move every American needs to make today.

More From InvestorPlace

The post 7 A-Rated Energy Stocks to Buy Before Winter Strikes appeared first on InvestorPlace.








Share this article:

Continue Reading

Economics

TSX’s winning streak ends as most sectors fall, loonie down

Well the green streak is over it lasted 14 straight trading sessions Tuesday October 26 saw the TSX Composite Index drop 0 52 per cent or 111 39 points…

Share this article:

Well, the green streak is over, it lasted 14 straight trading sessions. Tuesday, October 26, saw the TSX Composite Index drop 0.52 per cent or 111.39 points to 21,173.45 points.

Bar financials, every other major sector lost ground. Still, this is only the second trading session the index closed in the red in October.

One-year price chart (October 26). Analysis by Kalkine Group

Volume active

The most traded stock was the Royal Bank of Canada with 11.49 million shares exchanging hands. It was followed by Athabasca Oil Corporation where eight million shares exchanged hands, and the Bank of Montreal with 5.78 million shares exchanging hands.

Movers and laggards

 

Ticker

Company Name

1-day Price % Change

Top-5 Gainers

CLS

Celestica Inc

7.2%

SIL

Silvercrest Metals Inc

6.1%

HCG

Home Capital Group Inc

3.9%

EQB

Shopify Inc

3.9%

CTS

Converge Technology Solutions Corp

3.2%

Top-5 Laggards

DOO

BRP Inc

-8.0%

SOY

Sunopta Inc

-4.7%

CS

Capstone Mining Corp

-4.7%

SHOP

Shopify Inc

-4.4%

IFP

Interfor Corp

-4.0%

 

Wall Street update

The Fed is expected to meet early next week. On Tuesday, the three main indices grew marginally after they rallied on market open and fell by afternoon then stabilizing before close.

The S&P 500 gained 0.18 per cent or 8.31 points to 4,574.79 points. The Dow was up 0.04 per cent or 15.73 points to 35,756.88 points and the Nasdaq grew 9.01 points or 0.06 per cent to 15,235.72 points.

Commodity update

Gold fell 0.74 per cent and traded at 1,793.40. Brent oil rose 0.48 per cent to US$ 86.40/bbl, while crude oil grew 1.06 per cent to 84.65/bbl.

Currency news

The loonie fell against the US dollar on October 26, while USD/CAD ended in the green at 1.2388, up 0.06 per cent.

The US Dollar Index was better off against the basket of major currencies Tuesday and ended at 93.96, up 0.15 per cent.

Money market 

Tuesday saw the US 10-year bond yield fall 1.4 per cent and end at 1.610.

The Canada 10-year bond yield fell 1.27 per cent on October 26 and ended at 1.632.









Share this article:

Continue Reading

Trending