Why is the price of natural gas rising, but this stock is declining? There's not always a correlation between natural gas prices and these stocks. BIR has a $2.80 support level, but nat gas' seasonality just ended. We need to see BIR hold its current level. He expects investors to step in here.
Why is the price of natural gas rising, but this stock is declining? There's not always a correlation between natural gas prices and these stocks. BIR has a $2.80 support level, but nat gas' seasonality just ended. We need to see BIR hold its current level. He expects investors to step in here.
Seasonality should be kicking in for Canadian banks. CM needs to hold at $110, though historically its current $105 is a bottom. The banks and CIBC are very oversold. If CIBC breaks belwo $105, it could fall to the high-$90s.
Seasonality should be kicking in for Canadian banks. CM needs to hold at $110, though historically its current $105 is a bottom. The banks and CIBC are very oversold. If CIBC breaks belwo $105, it could fall to the high-$90s.
Gold outlook? Gold seasonality is kicking in right now. Also note that the U.S. dollar should start to roll over now. Gold stocks are starting to move up. Gold looks gold now. $1,252 resistence. Barrick is a good play. Next resistance is at $20, then $23. If he didn't own Kirkland Lake, he'd buy this.
Gold outlook? Gold seasonality is kicking in right now. Also note that the U.S. dollar should start to roll over now. Gold stocks are starting to move up. Gold looks gold now. $1,252 resistence. Barrick is a good play. Next resistance is at $20, then $23. If he didn't own Kirkland Lake, he'd buy this.
A trend around $56 earlier this year. The other level is the current $45 range. The market is stepping in now for all lifecos. SLF just had a sudden move bouncing up from $43 as buyers come in. The $45 level is solid.
A trend around $56 earlier this year. The other level is the current $45 range. The market is stepping in now for all lifecos. SLF just had a sudden move bouncing up from $43 as buyers come in. The $45 level is solid.
The 50-month moving average is around $48, and now we're seeing buyers are coming in (he expects buyers to enter the overall market). Good risk-to-reward now.
The 50-month moving average is around $48, and now we're seeing buyers are coming in (he expects buyers to enter the overall market). Good risk-to-reward now.