would like to see NVX come back and backtest the 2020 year high in blue,. I will be looking for a retest and reversal at this level. At present it may be another liquidity hunt of lower timeframes. Below and hold below 2020 year high and im not interested.
Over the first half of 2022, energy was a bright spot in markets. NYMEX and Brent crude oil futures rose 40.62% and 40.24%, respectively. The oil futures closed well below the March highs on June 30, with prices north of $100 per barrel. NYMEX natural gas futures moved 45.42% higher over the first half of 2022. The price was at the $5.424 per MMBtu level on June...
Still correcting as expected. Received a comment on $TWTR stating no way... Well I guess we will have to see. Sometimes things just happen that's out of our control. Will track closely and buy when the opportunity presents itself.
INVESTMENT CONTEXT Inflation in the UK reached 9.1% in May, up a tad from 9.0% reading in April IEA warned the EU to brace for a potential full cut of energy supply from Russia, with outsized repercussions on the bloc's GDP Germany’s finance minister called the EU ban on sales of combustion engines cars by 2035 a “wrong decision” Goldman Sachs upped...
INVESTMENT CONTEXT Analysts sharply raised the probability of a recession, while the Fed announced its support to yet another 75bps rate hike in July A worldwide measure of people’s inflation expectations over the next year was more than 4% in May, up from 2.3% a year ago Russia cut 60% of natural gas supply to Europe via Nord Stream 1 pipeline; cuts...
As expected, correction in progress. Will be tracking very closely as in our opinion energy stocks will provide an amazing opportunity in the future. Whether its coal, uranium, oil, or natural gas we all need to realize the amount of energy the electrical world will need. Pay attention...
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. When it comes to coal, china is building more and more plants to meet required energy. Recommend tracking this sector very closely for...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered oil company Comstock $CRK at $20 per share. Take...
INVESTMENT CONTEXT On June 9, the ECB governing council announced its intention to raise interest rates by 25bps in July; a "larger increment", possibly sized at 50bps, is envisaged for September if inflation persists For the third time this year the World Bank cut its economic growth forecast for 2022, this time to 2.9%, after January and April revisions...
INVESTMENT CONTEXT President Joe Biden said America's goal is a "democratic, independent" Ukraine with the means to "defend itself against further aggression" In a move to counter EU's partial embargo on crude oil, Russia cut off more gas supplies to companies in Denmark, Germany and the Netherlands, stating they failed to make payments in RUB U.S....
VCP Pivot: 175.27 Stop 159.10 Avg Cost: 175.27 Risk From Pivot: 9.22% Position: Full defensive: 500 USDs Risk Oil, Gas and Coal keep showing strength on this difficult market. Adding small positions one day at a time. Overall exposure now @11.5% mainly on Commodities & Healthcare
Entered short again today in the German equity ETF $19 is possible to find as support. Was a gift to buy above $26
quick comparison of ASX coal companies SMR Stanmore Coal WHC Whitehaven Coal Ltd NHC New Hope Corporation Ltd DBI Dalrymple Bay Infrastructure Ltd ERA Energy Resources of Australia Ltd PDN Paladin Energy Ltd YAL Yancoal Australia Ltd TIG Tigers Realm Coal EER East Energy Resources
Yancoal ASX:YAL is the largest pure-play coal miner in Australia. They have a secondary listing in Hong Kong HKEX:3668 . The shares rank equally and pay largely the same net dividends (2021 Australian dividend was fully non-franked). So, they ought to trade at the same price. Today, 3668 is trading at close to 10% discount.
Peabody Energy Corporation ( NYSE:BTU ) Sector: Energy Minerals (Coal) Market Capitalization: $4.499B Current Price: $32.54 Breakout price: $32.70 Buy Zone (Top/Bottom Range): $29.45-$26.15 Price Target: $37.80-$39.00 (2nd) Estimated Duration to Target: 66-68d Contract of Interest: $BTU 6/17/22 35c Trade price as of publish date: $3.85/contract
CONSOL Energy Inc. ( NYSE:CEIX ) Sector: Energy Minerals (Coal) Market Capitalization: 1.350B Current Price: $38.77 Breakout price (hold above): $38.50 Buy Zone (Top/Bottom Range): $36.35-$31.75 Price Target: $46.20-$47.80 (3rd) Estimated Duration to Target: 49-52d (3rd) Contract of Interest: $CEIX 6/17/22 40c Trade price as of publish date: $3.50/contract
LUNAETH currently battling with big supply zone. Over all structure looks bullish Not ready to push past this zone just yet. Looking for a little consolidation before another potential move higher. If it take out this zone and backtested it LUNA is looking super bullish and the next target will the the ATH.
Peabody Energy Corporation ( NYSE:BTU ) Sector: Energy Minerals (Coal) Market Capitalization: $2.923B Current Price: $21.88 Breakout price: $22.70 Buy Zone (Top/Bottom Range): $21.10-$19.40 Price Target: $26.60-$27.00 Estimated Duration to Target: 60-66d Contract of Interest: $BTU 7/15/22 25c Trade price as of publish date: $3.60/contract