Stocks rose for a third day Thursday on upbeat housing data and stronger-than-expected earnings, while energy stocks kept the TSX positive.
Gold spot price have moved above $1650 again, however, gold stocks have not returned to its normal range after the drop. We still believe gold stocks will move a lot higher soon and are very bullish within this year. There is still a lot of activities happening with the financial system across the world that still have yet to be uncovered.
We are also very bullish on energy stocks, especially oil and uranium stocks. Also pay attention to natural gas stocks because they have been hit quite hard that we might see a bounce but stock piles are still too high to be completely bullish.
You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.
No comments:
Post a Comment