TG Watkins – Understanding The Bear Market Rally And Where He Sees Opportunity In Commodities
TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins me to share his outlook for the bear market rally that started last week. We breakdown a couple roadmaps of how it could play out and the corresponding drop after will look like. We also discuss the commodity complex which has also been hit during the bear markets. TG continues to see opportunity in the energy space.
Click here to visit the Profit Pilot website to keep up to date on what TG is trading.
Is it safe to come out yet from the rock I’ve been hiding under???…… been an extremely busy and trying month on the family level but will be back to posting an occasional bit of nonsense….have been following the whole time though..
Mike I believe you asked about intrepid with regards to fert plays a while back and I don’t think I responded. Here’s a great summary about it with a look at buying.
https://seekingalpha.com/article/4513029-intrepid-potash-the-1-fertilizer-stock-is-on-sale
I was posting more about jrs who could possibly be going into production during this bull run in ferts. I still like DAN a lot and have started to get intrigued by FOX. Both of these are still farther off from production than a couple of other juniors. GSP is one. The other isn’t coming to me right now
Keith Barron today reported finding the lost city of gold in Ecuador, Aurania Resources (ARU) for those who don’t know this story. He has been searching for ten years. DT👀
https://twitter.com/graddhybpc/status/1531642254858850308?s=20&t=xAzN_eXbe-jUkqVDl591Uw
Are we about to see US dollar intermediate cycle down while metals and miners go up with equities? Probability im betting on before elections!
Brixton did not break that .15 I spoke of and turned. Now let’s see if the next stop at .18.5-.19.5 first stop materializes.
very little interest in this sector at a time of positve fundamentals, including constant MSM hype of devestating inflation, war, and so on.
will continue to give it benefit of doubt but more of the same price action not encouraging.
Wolf, wolf, the wolf is not making any fleeting visits anymore. Judging by the response from posters the fear of inflation and hard times, we are at a bottom, but sometimes the bottom just keeps going, something has posters and investors spooked.
The Bull Market in the conventional stocks is over but The Fed keeps printing, and pushing money into the bottomless pit, desperately trying to convince others that they are still in charge. It is difficult to arrive at even the vaguest idea what most stocks are worth, so difficult that the few investors left don’t care about actual worth, everyone in this market is a speculator at a Vegas casino. DT