Dana Lyons – Market Volatility, Commodities Surge & Gold’s Breakout
Dana Lyons, Fund Manager and Editor of The Lyons Share Pro joins us to share his outlook on market volatility, shifting sentiment, and the continued strength in commodities.
We discuss whether the recent 10% market correction marked a true bottom or if further downside testing is ahead. Dana also breaks down the outperformance of value stocks, the potential for one last growth rally, and the broader implications for investors.
With gold surging to new highs, we explore what’s driving the rally, how gold stocks are responding, and where silver and copper fit into the picture. Commodities continue to diverge from the broader markets, raising questions about whether this is a short-term trend or the start of a long-term cycle.
Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services.
DT – Yeah, I felt the CNL trade had achieved the goals I set, and the pricing action and that long red reversal candle last Friday spooked me out of it.
Additionally, I was expecting gold to struggle at the round psychological $3,000 level this week (after closing at $3,001 last Friday). My expectations were something akin to what we saw when gold first approached $1,000 and then again when getting close to $2,000 initially in 2011 and never quite made it.
Instead, gold just kept ripping this week, and with that bullish backdrop more traders dog-piled into Collective Mining sending it up well over a dollar further than where I sold it last Friday. However, if gold had pulled back down this week, and PM stocks were under pressure, then it very well could have been a solid call and smart to harvest the gains.
Oh well, hindsight is 20/20 as they say… On my Substack channel I’m sticking my neck out there and sharing what I’m doing in my personal portfolio. Not every trade is going to be picture perfect, but I’ll stand behind the rationale for the trades be they good, bad, or ugly, and what I learned if the trade could have been better.
I had mentioned in last weekend’s article that I may be leaving money on the table with my trades last Friday in CNL, and that the stock could run up into the $9s, $10s, and $11s. Well, it closed today at $9.83, so clearly it kept running so far this week. I’d also remarked that bringing in Agnico Eagle as a strategic shareholder was a big deal, and apparently the market can’t get enough of it. I congratel the CNL bulls that got in early for a low price and have held on for the full ride on this one.
I don’t know whether you saw that news release on Cartier Resources yesterday, Agnico Eagle increased their position to 26.6%. So many investors have held on for so long that this latest financing met with some stiff selling. I thought it would climb more but frustration ruled the day. Maybe tomorrow? DT
Heliostar did a financing and the stock dropped not much because it closed just above where it was one week ago. I like this stock, but I hope it doesn’t go the way of Calibre and Equinox. I see a lot of re-rating here if it is allowed to run. I’m sure it is drawing eyes I can feel them. DT
https://www.tradingview.com/x/NnBYyEeH/
DOLLAR : Bottom Firming Up (38.2%).
Ex, it looks like you sold out your CNL too early! A bird in the hand is worth two in the bush. If you stayed it probably would have gone down. That is what happens to Wolfster! LOL! DT 🤣🤣🤣