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Parentela International Inc.
(Bill's personal investments)
Agricure Inc.
(Bill’s personal investments)
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Recent Posts
- Cara 100 3Q. September 30, 2018 October 15, 2018
- Rush To The Exits October 12, 2018
- Gold: So Ugly Its a Buy October 5, 2018
- The Commodity Super Cycle September 28, 2018
- Roll-On? September 21, 2018
- Après La Pluie, Le Beau Temps September 14, 2018
- Managing Volatility at WMA Cara September 11, 2018
Ghosts in the machine…. I was returning from those NC mountains to my favorite lake near New London, and drifted into thoughts of algorithms and how you never see or feel or even touch them, but like spirits, they are just below surface contact… I think of them as the bastard child of Goldman Sachs and chaos mathematics.. I wondered, can they think or, are they just programmed to react.. but, to react in the future tense and we traders are caught in the past tense… And if they are only reactions then every reaction must have an equal and… Read more »
medmen enterprises $6.90 ‘mmnff’ up +21%. “. . cultivates, produces, possesses, uses, and distributes/retails cannabis in the recreational and medicinal cannabis marketplace”. california, usa https://finance.yahoo.com/quote/MMNFF/profile?p=MMNFF
gm. poor retail sales report, good empire manufacturing. https://www.briefing.com/investor/calendars/economic/
Value Investing
A thoughtful and refreshing interview between Grant Williams of RealVision and Tony Deden of Edelweiss Holdings. It is 2:25:39 long but proves that long term investing as compared to trading is still viable. At 1:39:10 he gives his take on gold.
Art Berman comments on the nat gas market
http://www.artberman.com/natural-gas-risky-business-what-me-worry/
Earnings season is now well underway, perhaps muting the sell-off.
On Friday, JP Morgan Chase (NYSE:JPM), Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) reported consensus beating Q3 earnings and Bank of America (NYSE:BAC) earnings today were also better-than-expected ($0.66 vs $0.62). But the bank stocks are generally weak, apparently reflecting concerns of an underwhelming Q4.
Crude Oil and (especially) Gold and Silver to start the week stronger. Pharma looks good. Banks not so much.
Canadian oil getting whacked: https://twitter.com/Rory_Johnston/status/1050821861272051713
This site lets you play “Time Machine” and enter trades from the past to see how they would have performed.
https://slopeofhope.com/slopecharts/whatif.php
Weekly article published:
Bob, I doubt that China wants to sell existing holdings of US Treasuries, which would decrease the exchange rate for USD (and increase the Yuan). To counter the US tariffs policy, China has in the recent past weaponized its currency by devaluing it, thereby pumping up the USD thereby making it less costly for US buyers to purchase goods from China.
Baker Hughes Rig Count: The U.S. Rig Count is up W/W +11 rigs to 1,063, with oil rigs up +8 to 869, gas rigs up +4 to 193, and miscellaneous rigs down -1 to 1. The count is up +135 rigs in total Y/Y from 928, with oil rigs up +126, gas rigs up +8, and miscellaneous rigs up +1. The U.S. Offshore Rig Count is unchanged at 23 rigs and up +3 rigs Y/Y. In Canada, the count is up W/W +13 rigs to 195, with oil rigs up +8 to 127 and gas rigs up +5 to 68.… Read more »
“. . Chinese exports have so far held up well . . provided by a weaker renminbi” https://www.reuters.com/article/us-china-economy-trade/china-september-exports-surge-creating-record-surplus-with-us-despite-tariffs-idUSKCN1MM080
i watched your other video, will catch-up on this one tomorrow. fascinating stuff, thanks baz22.
https://marketrealist.com/2018/04/exploring-voyager-therapeutics-research-pipeline/?utm_source=yahoo&utm_medium=feed&yptr=yahoo…https://www.fairfieldcurrent.com/2018/10/11/voyager-therapeutics-inc-vygr-expected-to-post-earnings-of-0-76-per-share.html
I posted this video of Sangamo ( SGMO ) CEO giving an excellent talk in May 2018, about his company and gene editing ( SGMO does zinc-finger/ Talen gene editing )… https://www.youtube.com/watch?v=yQtXkL94Atk.. so much excellent information and so very smart… One thing stuck in my mind, however… Sandy ( the CEO ) spoke about Crispr technology ( about half way into video ) and said, that, although crispr technology was behind in the number of sequences they could perform vs. Sangamo’s, they would catch up…. But the main thing that stuck with me, was, that he ( CEO ) said… Read more »
ok, so Intellia goes public > https://ir.intelliatx.com/news-releases/news-release-details/intellia-therapeutics-announces-pricing-initial-public-offering…. then, additional offering >https://globenewswire.com/news-release/2017/11/02/1172711/0/en/Intellia-Therapeutics-Announces-Pricing-of-Public-Offering-of-Common-Stock.html… in the mean time, back in 2017, the pro’s took it on a tremendous run into 2018 … https://www.tradingview.com/chart/?t=1029afd8007f37fa863daf59e1b717 here we are now…. will there be an additional offering ? Supposedly not soon , but then again… All three Crisprs have excellent teams… This will be an adventure, very much like Sarepta started 5 years ago….
gm. Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports its production results for the Third Quarter . . . Silver production increased 13% Gold production decreased 5% https://finance.yahoo.com/news/endeavour-silver-produces-1-428-105000671.html
Here’s another possibie point of contention . Will they or won`t they . With many possibilities .https://www.zerohedge.com/news/2018-10-12/china-should-slash-ust-purchases-policy-advisor-warns
Relief from broad market selling is on the horizon, particularly with the way over-sold Miners. Fundamentals for the Oilers are solid.
Gold is holding at 1225 for the moment. Resistance at 1255 and 1295 could be tested. However, without these higher Gold prices, the fundamentals of the Goldminers remain weak.
Owen Williams report for today Yesterday we got day 2 of the short-term capitulation on equity markets. Using the February correction as our road map, we saw TWO big down days (2/2 and 2/5) totaling -6% losses on the S&P 500 before a day 3 bounce (2/6, +1.7%). With Friday’s S&P 500 e-mini futures trading higher pre-market, we could see the big day 3 bounce today. Like in February, the bounce was used to dump remaining equity long positions. Another big down day followed before a strong positive week. Use today’s bounce to lighten up. Or for those with cash,… Read more »