Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Brooke Thackray commented about whether IWM-N, HUG-T, XLK-N, XOM-N, CNQ-T, BCE-T, T-T, ZMID-T, XMC-T, DML-T, VZ-N, AAV-T, HNU-T, TGT-N, UBER-N, MFC-T, HTB-T, XLU-N, XLV-N, CGX-T, NEE-N, NTR-T, SHOP-T, CLS-T, GD-N, OTEX-T, TD-T, BMO-T, TSLA-Q, NVDA-Q are stocks to buy or sell.
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Two strong periods for natural gas: September to mid- or late December, and March - June. Spot price of nat gas has increased. Note that nat gas tends to perform poorly in the last half of December, because US companies get taxed on inventory, so they sell it down as much as possible.
He'd wait for the next seasonal period to get in, and that's March.
Focused on uranium, where seasonality is strong from September-January. Lots of volatility. Performed well, then pulled back, did well. Doing better than others in the space. Favourable in medium- and long-term.
Lots of positive announcements in the sector, but the stocks have not responded because all the focus is still on tech, not on commodities.
When you buy these, you're saying you want less emphasis on the Mag 7 and more on the other companies. You're saying mid-cap stocks are going to do better. At this point, he'd say the mid-cap sector is preferred. He's bullish on small caps in the shorter term, and mid-caps also benefit in that environment.
When you buy these, you're saying you want less emphasis on the Mag 7 and more on the other companies. You're saying mid-cap stocks are going to do better. At this point, he'd say the mid-cap sector is preferred. He's bullish on small caps in the shorter term, and mid-caps also benefit in that environment.
Oil price is low, OPEC is extending cuts. Expectations of a slower economy impacts demand. May also see challenges if Trump encourages oil production. The challenges are showing up in the oil stocks.
Chart shows a breakdown, negative profile. He'd hold off for both. Next seasonally strong time is February, perhaps late January. At that time, he'd prefer CNQ.
Oil price is low, OPEC is extending cuts. Expectations of a slower economy impacts demand. May also see challenges if Trump encourages oil production. The challenges are showing up in the oil stocks.
CNQ chart shows a breakdown, negative profile. He'd hold off for both. Next seasonally strong time is February, perhaps late January. At that time, he'd prefer CNQ.
Sector is performing well. Small pullback from October to November, which is good as it sets up a rally. Tech starts to perform well at this time of year into January, seeing some momentum, can do well for the next few months. Rising bottoms, a very positive pattern. Breaking out from the previous level. That all shows an ascending triangle.
Gold got a strong bump up this year (driven by central bank buying), now pulled back a bit. Central banks are continuing to buy, but we haven't seen a lot of interest in gold from investors yet. Gold could pick up, some hot money could start to move in at some point in 2025. Gold will probably have another good year next year. Interest rates coming down would help gold move higher. Strong seasonal period from December into January/February.
Disclosure: He works for Global X (formerly Horizons).
Seasonally, retail tends to do well from late-October to November, and the sector did do well. But TGT didn't, not a good sign. Underperforming. Retail is also strong from late-January to mid-April.