One Toke Over the Line… MJ
The cannabis stocks have been in a bear market for the past year. While the selloff was warranted because these stocks got way too expensive after the recent election where…
Getting Hot with BTU
The most politically incorrect commodity these days is coal. While it is critical to economic progress, it releases the most CO2 per MMBTU of energy. As a result, people have…
Crypto Comes Alive: BTC & BITO
The price of Bitcoin has been struggling in the low $60k area for some time now. We have interpreted this as a sign of weakness in the near-term scheme of…
The Week Ahead | 11/08/2021
The Consumer Price Index will be boosted by higher gasoline prices in October.
The World’s Top Coffee Producing Countries
In many cities around the world, there’s a café on every corner, so it comes as no surprise that coffee is one of the globes’ top commodities. As the third…
Starbucks: SBUX
Starbucks has been in the news lately, and it has caused investors some angst. A big issue confronting the company is the possibility of union representation for some of its…
VanEck Junior Gold Miners: GDXJ
Inflation is running wild, but gold and silver have been suspiciously subdued. These setups tend to be the kinds of situations we like to bet against. However, in this case,…
Wednesday is Fed Day
On Wednesday the 3rd of November, the Fed will announce what they plan on doing next. The consensus view is that the Fed will tell the world that they will…
Micron Technologies: MU
The fundamentals for chip stocks could not be better. There are shortages of every type of chip, microprocessor, GPU, memory, logic, etc. But the biggest producer of memory chips, the…
The Week Ahead | 11/01/2021
Next week: The Federal Open Market Committee is widely expected to announce the gradual reduction (“tapering”) in asset purchases (most likely by $15 billion per month).