AK2 My regular readers know I have been very bullish on silver for about 18 months. Finally, the breakout and run higher may have begun in earnest during March-April. My last article on silver’s bullish setup in January here explained the striking phenomenon of historically high lease rates. Such suggested immediate tightness in the physical…
J Studios Introduction I have often found that high-quality stocks, despite appearing expensive relative to peers of lower quality, nevertheless keep outperforming by a significant margin. In this context, while evaluating a gold miner, high quality can relate to many different aspects. For example, the asset itself could be superior, because of its overall size,…
This article is written in partnership with Unchained, the official US Collaborative Custody Partner of Bitcoin Magazine and integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Bitcoin tumbled below $60,000 over the weekend, fueled…
Natalia SO/iStock Editorial via Getty Images Argentina’s banking system has long been a fragmented one, with no major bank, not even the state-owned Banco Nacion, holding a dominant share of system assets. But ongoing economic turbulence and the rise of a new economic regime under President Javier Milei mark a potential step-change in future industry…
phive2015 A phenomenal first quarter of performance for the major market averages bodes extremely well for the remainder of 2024. Barron’s indicated that when the S&P 500 rises 10% or more in the first quarter of a year, dating back to 1950, the index has finished higher 91% of the time over the remaining three…
Charday Penn/E+ via Getty Images It has been over 4 years since my last CRISPR Therapeutics (NASDAQ:CRSP) article when I was hesitant about gathering a heavy CRSP position due to the ticker’s premium valuation, volatility, and the company’s young pipeline. Yet, I was optimistic about the company’s prospects of their expansive pipeline, and partnerships. Despite…
Olena_T Approaching 2024, I have assigned Citigroup (NYSE:C) a “Strong Buy” rating, arguing that the bank’s stock is on the brink of appreciable valuation growth due to several key factors: The bank has lately been making good progress in restructuring its operations, setting up for an expanding cost-to-income ratio going into 2024 and beyond. Moreover,…
Justin Sullivan In late December 2023, I upgraded Charles Schwab (NYSE:SCHW) stock from Sell to Hold, arguing that the U.S. brokerage firm is likely a key beneficiary of the 2024 expected rate cuts. Today I give SCHW shares another upgrade, as my latest view on the brokerage market suggests strong earnings upside thanks to the…
luza studios A Follow Up I am writing this as a follow-up to my previous article on HUT 8 Corp (NASDAQ:HUT) (TSX:HUT:CA) published on Seeking Alpha on 11 Dec 2023. Since then, many changes have happened at HUT: After its merger with US Bitcoin Corp (USBTC) on 30 Nov 2023, HUT obtained the court approval…
Monty Rakusen Tokyo Electron (OTCPK:TOELF)(OTCPK:TOELY), one of the leading suppliers of semiconductor manufacturing equipment, is on a roll. Quarterly earnings are on the rise with big improvements in recent quarters. The wafer fab equipment or WFE market is coming off a downturn, but demand has been more robust than anticipated with a helping hand from…
georgeclerk/E+ via Getty Images Return Reaches Extreme The Thursday 105 point rally in the S&P 500 (SP500) pushed the collective returns over periods of 12.5, 25, 50, 100 and 200 trading days to an extreme percentile of 0.992. This level has only been reached 0.8% of the time in the last 20 years. It’s certainly…
nicodemos/iStock via Getty Images Verona Pharma plc (NASDAQ:VRNA) has submitted a marketing application to the US FDA for its drug ensifentrine, for the maintenance treatment of chronic obstructive pulmonary disease (COPD). This article takes a look at some of the bull and bear case points for VRNA. The Phase 3 studies Ensifentrine, an inhibitor of…
El Niño has become stronger again, preventing any major, sustained cold weather for key natural gas regions natatravel/iStock via Getty Images There have been some incredible moves in energy and agricultural commodities the last month or so. Most notably based on the weather, cocoa (NIB), and natural gas (NYSEARCA:UNG). These two markets have gone in…
The subtle shift in social media conversations. The mentions in the mainstream media: “Bitcoin will now be available for Wall Street investors!”. All the text messages arriving with questions about bitcoin from your no-coiner friends. Bitcoiners know that this is the signal. The bull market is officially here before the 2024 halving. This is a…
Nikada In the dynamic world of global finance, the Chinese stock market stands at a pivotal crossroads, presenting an intriguing landscape for discerning investors. Amidst a backdrop of historical underperformance and regulatory challenges, recent developments have sparked a renewed interest in the potential for a significant turnaround. Bull markets often emerge from the depths of…
Hispanolistic Thesis The Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) is an equities exchange traded fund. The vehicle does not get a lot of attention, although it should. The fund represents a portfolio of U.S. companies which fall in the Large Cap Value category as rated by Morningstar: Morningstar Category (Fund Fact Sheet) A…
Bloomberg/Bloomberg via Getty Images Since my last article about Yellow Cake (OTCQX:OTCQX:YLLXF) and Sprott Physical Uranium Trust (OTCPK:SRUUF) in late September of last year, the U3O8 vehicles are up around 40% on average. During the same time, the spot price of U3O8 moved roughly 50% to the upside. Once again, the metal outperformed the miners:…
blackdovfx The iShares MSCI Brazil ETF (NYSEARCA:EWZ) continues to outperform its emerging market peers, having risen around 85% relative to the iShares MSCI Emerging Markets ETF (EEM) since its lows in 2021. Since my last article in August, the EWZ has outperformed by a further 11% in total return terms, yet even after these gains,…
ugurhan Emerging markets bonds once again outperformed DM bonds, this time in a bond bull market year. The VanEck Emerging Markets Bond Fund was up 3.88% in December, compared to 4.12% for its benchmark. Egypt (dollar-denominated) was the biggest outperformer, along with Chile (local- and hard currency) and Colombia (local currency). Thailand, Indonesia, and Romania…
alberto clemares expósito/iStock via Getty Images I think that we are at the start of a major technology-driven bull market that will rival the “dotcom” bull market. In this piece, I make the case for a new tech-driven bull market that will rival the 1990’s dotcom bull. All major bull markets require three conditions: a…
We all have a journey to Bitcoin. Some started as sound money advocates who adored Austrian economics and gold. Others fell out of the TradFi world when they knew something wasn’t quite right. Most Bitcoiners have gone through trials and tribulations of altcoin hell. However you made it here and to Bitcoin, welcome–and buckle the…
monsitj Investment Overview Cambridge, Massachusetts-based Agios Pharmaceuticals (NASDAQ:AGIO) completed its Initial Public Offering over a decade ago in July 2013, raising ~$106m via the issuance of ~5.9m shares priced at $18 per share. The company developed and successfully won approval for the isocitrate dehydrogenase-1 (IDH1) inhibitor Tibsovo, in 2017, for patients with relapsed or refractory…
monsitj You may have witnessed some fireworks on New Year’s Eve, but those weren’t the only fireworks exploding. The last two months of 2023 finished with a bang! More specifically, over this short period, the S&P 500 index skyrocketed +13.7%, NASDAQ +16.8%, and the Dow Jones Industrial Average +14.0%. The gains have been even more…
LeoPatrizi/E+ via Getty Images A Single-Control System with the C/C Ratio Only The “C/C” (Cash to Capital) Ratio and the “A-A” (Asset-Allocation) Decision were mutually constrained: in a short term (in a couple of months), the A-A Decision would dictate by rebalancing toward a target allocation, leaving the C/C Ratio disrupted temporarily. while, in a…
Michael M. Santiago 2023 has been a winning year for JPMorgan (NYSE:JPM), and 2024 should be no different: Heading into the next year, I am bullish on the banking industry, as I see rate cuts supporting credit volume as well as capital markets and M&A activity. Moreover, sentiment on banks should rebound sharply as lower…
Justin Sullivan A Great Paradox What would you think if I told you a major American tech business that is growing its core operations while enjoying numerous tailwinds has dramatically underperformed the market in the past 5 years? While the market is great at allocating capital to good businesses over time, sometimes Wall Street can…
ktsimage Summary Seeking Alpha Quant rates NYSEARCA:LABU as a strong Sell. I rate it as a Buy because the underlying index is bullish. The recent decline in interest rates have led to better access to investing capital for small companies, including the small cap biotech. We believe that the current economic and market conditions are…
Kameleon007 The period since February 2021 was brutal for biotech investors. The SPDR S&P Biotech ETF (NYSEARCA:XBI) topped and declined 65% from the peak that month to a trough in May 2022. The recovery since that low was not at all impressive and XBI went down to retest the lows in October of 2023. Several…
phive2015 U.S. equity markets are flying, and with the bull market well and truly resumed, I think there’s a lot more coming. Investors are spoiled for choice when it comes to ways to own stocks today, with countless exchange-traded funds (“ETFs”) that are well-managed, and also extremely cheap to own. One such fund is the…
monsitj Friday’s (12/8/23) November ’23 nonfarm payroll report’s headline business survey number was +199,000 net, new jobs created, but if you subtract the downward revisions to the prior two months of 35,000 and the 37,000 jobs cited by CNBC’s Steve Liesman as autoworkers returning from the recent UAW strike, then the “net, net” headline numbers…
Marco Bello The bull market of 2023 has well and truly resumed, and for those of us who maintained bullishness during the selling this summer (which was not easy), the rally has been vindication in some ways. I said back in March – and again in September – that I thought moonshot legend ARK Innovation…
Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end…
Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run. Bitcoin has had a relatively good year, returning more than 144% to investors since January. The king coin has also climbed nearly 14% in the past month and about 10% since December…
Pgiam/iStock via Getty Images The Direxion Daily Financial Bull 3X Shares ETF (NYSEARCA:FAS) is a leveraged exchange-traded fund or ETF. As always, the Direxion ETFs offer a pretty low expense rate for the sort of leverage they provide. However, there are peculiarities around these daily resetting ETFs that make them useless over longer-term periods, or…
As Bitcoin price has rallied past $42,000, the surge in BTC perpetual futures open interest suggests further price rally going ahead. On Monday, December 4, the world’s largest cryptocurrency Bitcoin (BTC) delivered a bullish rally shooting past $42,000. The recent bullishness around Bitcoin revolves around the expectations of a Bitcoin ETF approval in early January…
Despite the prevailing bullish sentiments, there are macro factors that could pose a threat to Bitcoin’s bull run. Different crypto executives have suggested that the current Bitcoin rally will spiral into a bull run that will see BTC rise to at least $100,000. While still short of its peak price in November 2021, Bitcoin has…
Sakorn Sukkasemsakorn Investment Thesis Denison Mines (NYSE:DNN) is well placed for strong uranium prices. Earlier I had stated in a bullish analysis that, Denison has a reasonably clean balance sheet, with approximately CAD$47 million in cash and equivalents. It’s not a particularly large amount of cash. But what it lacks in cash, it more than…
Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at the point of ignition. Yes – wildfires have been exacerbated by record methane emissions that Bitcoin helps mitigate, but that’s not what this article’s about:…
Mike Hansen DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note…
imaginima Nvidia’s stock has surged by around 240% this year thanks to its leadership position in the generative AI revolution. The AI market opportunity is undoubtedly massive, and the AI-related growth story has only begun. Many investors seem to be fixated on Nvidia’s superior AI chip, but it is also important to acknowledge the broader…
Bitcoin price has already bottomed out from the 2022 crypto bear market with about 137.1k BTC left to mine until the fourth halving event in early 2024. It is expected that approximately 150 days are left until the next halving. The much-awaited Bitcoin (BTC) parabolic rally beyond its all-time high (ATH) will happen after April…
Maxiphoto Investment Thesis Matterport, Inc. (NASDAQ:MTTR) creates immersive 3D virtual tours for real estate, allowing users to explore properties remotely and gain detailed insights. The company goes further by evolving into a property intelligence agent, offering unique solutions that digitize physical spaces, streamline workflows, and revolutionize the way we interact with the built world. Matterport…
ferrantraite Interest rates are down strong because of the “Powell Pivot”, what’s the problem? This is a year full of sharp reversals, and now that Powell has most definitely pivoted, shouldn’t we all be celebrating lower rates? Starting Wednesday treasury yields fell after the Treasury Department released its borrowing plans for the next few months….
Laurence Dutton One machine can do the work of fifty ordinary men. No machine can do the work of one extraordinary man. – Elbert Hubbard. I’ve attacked the “new bull market” narrative for several months now, and every day that goes by it appears more and more are realizing I was right all along. Everyone…
shih-wei September has been a challenging month for investors as they face numerous headwinds, including economic uncertainty, sticky inflation, and soaring bond yields. Brad Simpson, Chief Wealth Strategist at TD Wealth, explains why bonds could become more enticing in the current market. Transcript Kim Parlee: September has been a challenging month for investors, with markets…
RHJ Investment Thesis Yellow Cake (OTCQX:YLLXF) is an investment vehicle focused on uranium, with its primary listing in the UK. I have covered the stock many times in the past, and those articles can be found here. The stock together with other uranium equities, represented by the Sprott Uranium Miners ETF (URNM) in the chart…
yuelan I last updated investors in Johnson & Johnson, or J&J (NYSE:JNJ), in early April, urging them to capitalize on its capitulation to add more shares. That thesis has worked out well, as JNJ dip buyers held its March lows ($150 level), lifting buying sentiments. Following its remarkable surge into its early August highs ($176…
Bitcoin only exchange Bull Bitcoin, has announced that it has expanded its services to enable Costa Ricans and foreigners to buy and sell Bitcoin using SINPE Movil, the country’s primary fiat payment system, in partnership with circular BTC economy project Bitcoin Jungle, according to a press release sent to Bitcoin Magazine. This collaboration not only opens…
In a recent appearance on Fox Business, Anthony “Pomp” Pompliano suggested that a significant Bitcoin bull run is on the horizon. Pompliano, a well-known figure in the Bitcoin space, shared his insights on the future of Bitcoin and why he believes it is primed for another surge. Pompliano began the discussion by highlighting the recent volatility in…
asbe A Buy Rating for New Pacific Metals Corp. This analysis changes the rating for New Pacific Metals Corp. shares (NYSE:NEWP) (TSX:NUAG:CA) from the Sell recommendation of the previous analysis to a Buy recommendation of the current analysis. Compared to the previous analysis, the rating update is based on a positive change in the outlook…