I've scoured the internet for seafood companies to buy. There are fewer to choose from than one may expect. I found fewer than ten tradeabe stocks. The ones with the most exposure and liquidity are about five Norwegian salmon farming companies. Large cap Norwegian salmon farming companies such as Mowi ASA are all recovering from a lull in profits due to the...
I think ICD will do very well in this sort of a macro economic environment, with the commodity supercycle and the US's renewed focus on energy independence. That's probably why that short squeeze happened. So now that the squeeze has been squozed, the question is when to buy back in. I think $4 looks like the convergence point of a number of trendlines. A small...
There's resistence going back 5 years that has been broken and now the stock is resting on top of it. The price refuses to break below the 50% Fib level of the total chart pattern. Double bottom was put in during 2020. Now it's in a bit of a megaphone pattern, easily moving between $10 and $13 (and then maybe back down again?). As far as I can tell this is the...
After the CEO presented at an investor conference this stock experienced by far the largest influx of liquidity in its history. Not sure what they presented that was so exciting, but they are a very well positioned copper and gold miner in Chile.
Charted above is the ratio of the largest salmon farming company in the world, Marine Harvest or Mowi ASA, and the Nasdaq 100. I've been making multiple different comparisons with this sector and the broader stock market to try and figure out of the Norwegian salmon farming industry is being effected by the rotation of money that's occurring at the moment. What do...
Atlantic Sapphire ASA is incredibly beaten down, 80% from the highs only a year ago. Apparently they have a lot of debt due to expansion and demand for fresh salmon collapsed when restaurants and delis closed down during the pandemic. Now that the lockdowns are finally ending and now that Russian seafood is being sanctioned by the West, I think we'll see a return...
I have a hunch that the invasion of Ukraine a month ago triggered an accelerated rotation of money into certain commodity stocks that previously were not outperforming, such as uranium and nickel. Looking at a ratio of the most beaten down salmon farmer in Norway, Atlantic Sapphire (which is also the largest land aquaculture company in the world, but has a large...
Collection of commodity, energy, and shipping stocks in the Norway ETF. Oil Fund will cycle exponential corporate profits back into equities, compounding the value of the stocks in the coming months. The rest of 2022 will look interesting.
Elevate Uranium ELVUF is forming a daily bull flag. Buy point noted on chart. Great small cap African uranium exploration play. I prefer them over Bannerman and Deep Yellow, because they in fact own more deposits and the price action of the stock is always very healthy. They own a ton of deposits in Namibia and Australia. Used to be Marenica Energy, so I think...
Norwegian salmon farming is going to crush it this next year. Underinvestment (because of confused investors) and increased demand are set to drive up the value of mass producer salmon facilities in the 2020s. The gmo salmon farming companies in Norway are outperforming as commodity plays, while organic salmon farming and aquaculture biotech appear to be bouncing...
Countries with large coastlines, commodity dominating economies, stable governments, and proximity to the world's largest economies will excel in the current macro economic environment. Charted are a comparison of the ETF''s of Brazil, Argentina, Peru, and Chile, along with the major mining and energy companies in those countries. These are gonna keep moving up this year.
Chile spans most of the eastern coastline of the Pacific Ocean in the Southern Hemisphere and contains the world's largest lithium and copper mines. It is becoming incredibly important for exporting battery metals to East Asia and the West Coast. This year, with spiking commodity prices and surging electric vehicle production, Chile is set to make massive profits....
Jushi Holdings JUSHF is my favorite cannabis stock. It moves with real uumph, multibagging into the stratosphere. Although it's been really dragged down since the high 75% ago. But I think its bottomed here at $3.00. You can see my annotations in the chart. It did break that support level recently but it looks like the price is refusing to go back lower than...
Virginia Energy Resources VEGYF is a very interesting company, but it's unlikely that uranium will ever be mined in Virginia. Wyoming or Nevada are way more likely. For whatever reason it has been one of the best performing uranium stocks recently, and looking at the chart I can say two things about it: it will either a) reject from resistence and fall out of its...
Vimy Resources VMRSF has been making a few different patterns that indicate it's about to launch higher. Deep Yellow just put out a press release that they are halting trading until Wednesday, which might mean that their merger with Vimy is being finalized. I don't know how the price action knew this. Contrast the price action here to other uranium stocks, which...
Sabine Royalty SBR is a royalty company for fossil fuel deposits in the American South. Regardless of whether the deposits are developed or not, they are inherently valuable. On top of that, SBR has been making fat stacks of cash from whatever they're doing. Each quarterly earnings bar graph towers above the previous one. The next one on May 3 lines up exactly...
EMX Royalty is a fantastic company with many fantastic assets. I was examining the chart, thinking "The upside in this one is enormous". But something was off. Sure, price could easily break all time highs to confirm an overall uptrend. But why wasn't the price reaching the 50% level on the Fib retracement? And what can be made of the massively declining quarterly...
The earnings. The chart. The retracement. Lordy. Who though US Steel would be one of the best performing stocks this year? Not me. Seeing Gary IN on the other side of Lake Michigan always terrified me, as it does with every other Chicagoan. But now apparently the symbol of American rust and decline is making a resurgence. Pig iron demand has the furnaces blazing...