Today is Wednesday, February 26, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of SEACOR Holdings (NYSE: CKH), Cabot Oil & Gas Corporation (NYSE: COG), and Comstock Resources (NYSE: CRK).SEACOR Holdings (NYSE: CKH)SEACOR Holdings (NYSE: CKH) is a $796.07 million company today with a one-year return of -18.64%. Let's look at its price-to-earnings (P/E) ra...Read More
More chaos, more panic, and more blood.Watching the Dow Jones drop like a stone over the last two days wasn't nearly as surprising as you might first think.And it certainly shouldn't be to you, either.Keep in mind that the ugly two-day drop this week was preceded by one helluva run three-year run that saw the Dow Jones climb 78% higher.As my colleague Luke Burgess told you recently, the Dow Jones...Read More
By: Jim Willie CB home: www.Golden-Jackass.com (new website) Subscribe: Hat Trick Letter Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discu...Read More
Clive MaundThe market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term outlook.A full-on "in your face" catalyst for the crash has arrived in the form of the Covid-19 or coronavirus, which has alre...Read More
Craig Hemke, TF MetalsBack in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020.If anything, this isn't complicated. As last year began, the vast majority of analysts and seven-figure Wall Street economists were projecting rate hikes and a 4+% U.S. t...Read More
Steve St. Angelo, SRSrocco Report The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in regards to a global contagion and soon to be the rapid contraction of the JIT - Just In Ti...Read More
Gary Christenson, The Deviant InvestorFrom Charles Nenner: "It's Time to Sell." (January 28, 2020)"Market will go down 40%""We are totally out of stocks.""These bull markets don't stop on a dime.""Small investors are upset if they miss another two or three percent to the upside, while the big investor is afraid they can lose 40% to the downside."Breaking News: The DOW fell 2,500 since February 1...Read More
By: Gary SavageWe don't have the signs of an ultimate bubble top. What kind of behavior would show this? A mini bubble? Gold is anticipating inflation in the years ahead. Gold mining stocks $GDX technical update / baby bull high:http://blog.smartmoneytrackerpremium.com/Read More
Goldcliff Resource announced that it has released its management discussion and analysis. Nevada RandIn a news release, Goldcliff Resource Corp. (GCN:TSX.V; GCFFF:OTCBB) President George Sanders reported that "the company recently filed its Annual Audited Financial Statements and Management Discussion and Analysis.""Of primary significance is the acquisition of the Nevada Rand gold property in M...Read More
First, Nexus Gold must complete the permitting process, which is underway. Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) announced in a news release that it will start a diamond drill program at its McKenzie gold project in Ontario's Red Lake District once permitting is done, expected in the coming weeks. "Prior work by other operators at McKenzie has produced some compelling results, both through sa...Read More
Now, MAG Silver and Fresnillo are targeting mid-2020 for start-up. MAG's Juanicipio JV ProjectJoint venture partners MAG Silver Corp. (MAG:TSX; MAG:NYSE A) and Fresnillo Plc (FRES:LSE) announced in a news release that their Juanicipio underground mine in Mexico will start producing silver and gold ahead of schedule, in mid-2020."We continue to derisk and refine the best construction plan that wil...Read More
Defense Metals' decision to move forward marks another milestone in the advancement of its Wicheeda project. In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) announced that starting in April, it plans to conduct flotation pilot plant processing of the 30-ton bulk sample from its Wicheeda rare earth elements (REEs) property in British Columbia.The company based its decisi...Read More
Bob Moriarty of 321gold rings the alarm bells on the fallout from the coronavirus. Exactly a month ago I warned that the coronavirus outbreak was going to pop the "Everything Bubble." I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn't make a rat's ass if I was right or wrong about calling for a market crash in October or the Fed dumping piles of n...Read More
The gold bull market ended 2019 with a strong gain of 19%. The first half the year was marked with uncertainty as the price after an early year surge to $1350 gave up all of it's gains to drift lower to trade down on the year by early May. However, this was the calm before the bull market storm and that set the stage for a powerful bull run starting early June that saw the Gold price rocket higher...Read More
Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Gold Rallies Above $1,680Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640, as the chart below shows. And today morning, it has rallied even further, reaching $1,684. Chart 1: Gold prices in 2020 (London P.M. Fix)....Read More
“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets, especially bull markets such as the current one that has been in place for over a decade. As&nbs...Read More
By: Jim Willie CB home: www.Golden-Jackass.com (new website) Subscribe: Hat Trick Letter Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discu...Read More
Clive MaundThe market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term outlook.A full-on "in your face" catalyst for the crash has arrived in the form of the Covid-19 or coronavirus, which has alre...Read More
Craig Hemke, TF MetalsBack in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020.If anything, this isn't complicated. As last year began, the vast majority of analysts and seven-figure Wall Street economists were projecting rate hikes and a 4+% U.S. t...Read More
Steve St. Angelo, SRSrocco Report The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in regards to a global contagion and soon to be the rapid contraction of the JIT - Just In Ti...Read More