Photo credit: Eric Kilby I have written extensively about why I think that we’re in a bear market rally. Maybe I’m wrong, but it is a thesis worth exploring. At present, it seems like the Fed has full control over all events. The Fed has become ubiquitous, solving every problem with the printing press. It’s… Read More The case for a bear market
Credit to zigtrade Honestly, this one made my day: One hell of a year Aussies for the win! That feeling. Lucky bastards! And, finally, allways remember:
One can make the argument that the best thing emanating from the Randgold takeover by Barrick (GOLD) was the CEO. As the merger negotiations finalized, Mark Bristow became the new Barrick CEO. Mr. Bristow has a remarkable track record as Randgold’s CEO. Picture credit: Mines and Money He credits much of Randgold’s success to the… Read More From Randgold to Barrick: Mark Bristow is revitalizing an old giant
My boy Jerome. My boy Jerome and his relation with bears. Again, from WSB. This one is from the WTF section of the Market Huddle. One of the best business interviews ever: And, remeber: Have a nice week!
Sorrento was Friday’s headline trade. The company’s CEO stunned the world by claiming that Sorrento had a 100% efficient cure for COVID-19. Investors and speculators alike flocked to the company’s stock and sent the price to the moon. This is one of those cases where you have to act fast. (Source: Sorrento) So, here I… Read More Sorrento: Great time for a capital raise
It has been a couple o though weeks for people who think that economics should matter for asset valuations. Therefore, I’ve decided to start a wrap-up on wall street humor. Probably, an effective way to keep sane. I’m already guessing that Wall Street Bets (WSB) on Reddit will be a major supplier: This one on… Read More Wall Street Comic Relief
Summary Tankers were the trade du jour back in April. It was a hit-and-run trade, and now stock prices have corrected heavily. However, it seems that, with all the commotion around negative oil prices, investors have neglected a changing narrative in the industry. Photo: Mark Rain Article also featured on Seeking Alpha Ok, so tankers… Read More Changing The Narrative On Tankers
Summary The Fed’s move to placate the high-yield corporate bond market reinforced my conviction in the gold trade. Gold has performed very well. So well, that we are considering to take it to another level. We reviewed a set of gold producers to understand the most likely to benefit from the gold uptrend. Original post:… Read More Playing The Fed Stimulus With Gold Miners
Photo credit: Sam valadi The world is becoming increasingly faster, and so do markets. However, this seems to be getting a bit extreme. The market went from total euphoria in February to extreme depression in March, and now, at the beggining of April, it seems ready to come back with a vengeance. In February, the… Read More Is this a bull market in the making?
Picture credit: Federalreserve One thing is for sure, the Fed under J. Powel is a very different beast. Yes, his predecessors started the unconventional monetary policies that have become the norm. However, Powel has brought it to a whole different level by nationalizing the whole credit market (not the whole, but close). From an economic… Read More This is a game changer: The Fed is buying Junk