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BINGO !!! WTI Oil over $74 right on schedule.

Copper is a great story once we get beyond the short term weakness. Signs we may be doing so today with US$ weaker again and markets generally positive. Cdn energy stocks had a huge day, taking out a lot of 52 week highs.

ATH new 52 week high threatening to break $1 level; MEG also hit a new 52 week high earlier.

I play Oil producers long and everything else is more of a range bound trade for now. Copper I won't put any new money into it until a clear floor is established. The active gold miners actually can be day traded based off Gold price. I keep an eye on Silver and Nat Gas because there is...

Larger Gold miners are great value right now but it requires a lot of patience and some luck with the underlying commodity. I prefer speculating on junior and mid cap Canadian firms in energy and copper/silver mining. Firms like Baytex, Tamarack Valley, Meg Energy, Enerplus, Crew Energy...

Shiller has been on the wrong side of this market for many, many years. If you truly take a valuation basis on your decisions, like I do, you should have been buying stocks hand over fist roughly around March 23th, 2020 ( lets say give or take a week ). I had no problem finding stellar bargains...

Seriously you need to stop posting irrational crap on this site. From March 24, 2020 : That's what irrational negativity does to trading.

Exchange rates are pretty random at times. What I would note is during the last recovery ( 2009-2011+ ) there was a huge commodity bull and Cdn$/US$ went from 0.68 to $1.06. Canada started raising interest rates long before the US did as a measure to drop the Cdn$. In this recovery, the Cdn/US$...

I was willing to delay my shots 1-3 months while the AstraZeneca situation was better clarified. Luckily the Pfizer/Moderna rollout in Canada sped up immensely. I got my second Pfizer shot this week and surprisingly no side effects at all other then a sore upper arm. For older or frail people...

Correction : The US has 5.1 million active cases.

Canada has a strict policy preventing "TreeFrogTrader" types from immigrating to our country. That's just good common sense :).

Canada has made an excellent push on vaccines and our Covid numbers are again lower then the US despite our initial hiccups on the roll out. Yesterday's numbers ( remember, Canada has roughly 1/9 of the population of the US, and a significantly larger population then Florida ) : Canada...

It's been the case for almost a year that the short calls on here have never lasted very long and we end up with posts predicting tops and corrections followed by silence when markets grind higher. This has happened dozens of times. The trading gains from these one or two day events just seem...

"Inflation" is an over talked about item right now the big players look past this bs to likely outcomes. Gold isn't likely to do well relative to other commodities when the economy and stock markets are strong. This was always my concern last year when I held a bunch of miners and Gold was...

My forecast : $74 WTI by Wednesday afternoon. For a variety of reasons. I wouldn't touch a leveraged short until WTI hits at least $80. But that's just me. I did short Gold miners as a day trade first thing yesterday.

Again, rate hikes began in 2015. I wasn't aware that there was a December 2018 "collapse" so I checked the chart. The QQQ drop fully recovered in January 2019, one month later. Markets continued higher throughout 2019. Pull up a chart of the US Fed rate hikes.

That's not what happened. The first US interest rate hike was in 2015. There were many more hikes during which markets did just fine. The first hike was followed by a mild correction. Some of the bears on here insisted they couldn't possibly raise the rate it would trigger a market crash.

You just seem to be constantly fishing for a reason for markets to drop when there is nothing substantial going on. GDP is growing at least 6.3% and corporate earnings are huge right now. It's going to take a lot more then "inflation" to derail markets in any lasting way. The real "inflation"...

Most investors remembered 2009 and just stayed the course. Day traders not so much many of them lost their mind for a few months. As I was shopping for bargains in March 2020 I found it remarkable how many on here seemed oblivious to what was about to happen.

US indexes made a strong move late day. Oil $71+, Nat Gas new 52 week high, Silver looking kind of interesting. If US indexes start positive tomorrow, we could get a major rally in Oil, Nat Gas, and Silver stocks. They are all poised to fly given a push. TSX Oil and Nat Gas producers threatened...