Thursday, April 19, 2018

Energy Stock Under Heavy Accumulation

Source: Clive Maund for Streetwise Reports   04/19/2018

Clive Maund discusses an energy company he believes could be on the verge of a new uptrend.

The charts show that Point Loma Resources Ltd. (PLX:TSX) is an energy stock that is under accumulation by someone—or something—with a lot of clout. On its 2-year chart we can see that it has been in a persistent and quite severe downtrend from its highs early in 2017, but in recent months a big buyer has showed up, repeatedly buying large blocks of stock, and he (she/it) appears to have started to put a floor under the stock at the support level shown. This big buying has driven both volume indicators steeply higher, a very bullish sign. As the 200-day moving average still has some way to fall before it catches up with the price, the stock could continue to base for a while longer. However, the recent aggressive buying means that it could start a new uptrend sooner rather than later, so anyone interested in this stock would probably be better off going for it now following the recent dip, since by delaying you could miss it.

The 6-month chart doesn't show us much that we can't see on the 2-year, but it does show recent action in more detail. One additional detail we can see on this chart is how oversold it currently is on its MACD indicator.

Conclusion: Point Loma is under heavy accumulation and believed to be basing in advance of a new uptrend that could be strong, and "come out of the blue." Therefore rated an immediate buy here on the current dip. Point Loma trades in light volumes on the U.S. OTC market and there are 42 million shares in issue.

Point Loma website.

Point Loma Resources Ltd, PLX.V, FMTNF on OTC, closed at C$0.21, $0.163 17th April 2018.

Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.

Want to read more Energy Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Charts provided by the author.

CliveMaund.com Disclosure:
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.

( Companies Mentioned: PLX:TSX, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/19/energy-stock-under-heavy-accumulation.html

Another Energy Stock Set to Rally

Source: Clive Maund for Streetwise Reports   04/19/2018

Clive Maund talks about an energy company he believes is on an upleg to new highs that is now in its earliest stages.

Pulse Oil Corp. (PUL:TSX.V) is in an established bull market, and it looks like it is just starting another impulse wave (move in the direction of the primary trend) after the completion of a lengthy correction from its early November peak back to important support at its rising 200-day moving average, as we can see on its latest 14-month chart below. This new upleg is expected to take the price to new highs for this bull market as indicated approximately by the large arrow on the chart. The volume pattern and volume indicators are all strongly positive and moving averages are in bullish alignment.

On the 6-month chart we can see recent action in more detail and how the correction of recent months has taken the form of a bullish Falling Wedge, with volume declining in an appropriate manner. This correction has restored upside potential, and the current bunching of the price and its moving averages has created a potent bullish setup that is believed to have triggered Monday's breakout move on increased volume, with Tuesday's dip providing us with the chance to buy it at a slightly better price, assuming it doesn't open up. Momentum has already started higher and with the price above both moving averages, it is in position to advance.

Conclusion: Pulse Oil is rated an immediate buy for an upleg to new highs that is now in its earliest stages.

Pulse Oil website.

Pulse Oil Corp PUL.V, closed at C$0.17 on 17th April 2018.

Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.

Want to read more Energy Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Charts provided by the author.

CliveMaund.com Disclosure:
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.

( Companies Mentioned: PUL:TSX.V, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/19/another-energy-stock-set-to-rally.html

With Improved Financial Position, Energy Firm 'Creates a Compelling Opportunity'

Source: Streetwise Reports   04/19/2018

Darren Horowitz, an analyst with Raymond James, provided a Q1/18 preview.

In an April 16 research report, Raymond James analyst Darren Horowitz noted that the effort made over the past 18 months or so to improve Kinder Morgan Inc. (KMI:NYSE) financial standing helped decrease leverage and better positioned the company for providing value to shareholders.

Recently, the Houston-based firm has guided to an approximately 35% dividend compound annual growth rate between 2017 and 2020 and outlined a roughly $2 billion share buyback program to occur between Q4/17 and 2020. "Recent capital allocation announcements have set Kinder Morgan to outperform over the next 12–18 months (especially as share repurchases provide downside support through overemphasized project development headwinds)," Horowitz indicated. "We see this trade-off as compelling."

The analyst shared what his firm expects in terms of Q1/18 production from Kinder Morgan. The natural gas pipelines segment should post strong volumes on the back of increased Bakken/Hiland numbers, progress at KinderHawk and severe winter weather. Moderate volume growth is expected in the CO2 segment, evened out by lower commodity prices and dampened volumes from its S&T assets. In the terminals segment, recent expansions should counteract divestitures, and in the products segment, the Utopia Pipeline should offset lower crude and condensate volumes.

The one unknown in the upcoming Q1/18 numbers, Horowitz pointed out, is financing costs within the Kinder Morgan Canada segment due to management having curtailed capital spending on the Trans Mountain expansion project (TMEP) in mid-quarter.

Regarding this "beleaguered" project, as described by Horowitz, Kinder Morgan intends to decide by May 31, 2018 whether or not to proceed with it. The management team will be addressing TMEP with various stakeholders over the ensuing weeks. Canadian government officials have voiced increasing support for TMEP, with one even broaching the idea of perhaps investing in it. Thus, a project green light by Kinder management can't be ruled out.

Kinder Morgan is trading at a discount to its peers, which "despite lower relative risk (base business operations), creates a compelling opportunity," Horowitz said. Raymond James has a Strong Buy and $22 per share target price on Kinder Morgan, whose stock is currently trading at around $16.61 per share.

Want to read more Energy Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Disclosures from Raymond James, Kinder Morgan Inc., Apr. 16, 2018

ANALYST INFORMATION

Analyst Compensation: Equity research analysts and associates at Raymond James are compensated on a salary and bonus system. Several factors enter into the compensation determination for an analyst, including i) research quality and overall productivity, including success in rating stocks on an absolute basis and relative to the local exchange composite Index and/or a sector index, ii) recognition from institutional investors, iii) support effectiveness to the institutional and retail sales forces and traders, iv) commissions generated in stocks under coverage that are attributable to the analyst's efforts, v) net revenues of the overall Equity Capital Markets Group, and vi) compensation levels for analysts at competing investment dealers.

The views expressed in this report accurately reflect the personal views of the analyst(s) covering the subject securities. No part of said person's compensation was, is, or will be directly or indirectly related to the specific recommendations or views contained in this research report. In addition, said analyst has not received compensation from any subject company in the last 12 months.

RAYMOND JAMES RELATIONSHIP DISCLOSURES
Raymond James Ltd. or its affiliates expects to receive or intends to seek compensation for investment banking services from all companies under research coverage within the next three months.

Raymond James & Associates makes a market in shares of KMI.

( Companies Mentioned: KMI:NYSE, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/19/with-improved-financial-position-energy-firm-creates-a-compelling-opportunity.html

Wednesday, April 18, 2018

2018's 'Short' of the Year

Source: Michael J. Ballanger for Streetwise Reports   04/18/2018

Precious metals expert Michael Ballanger discusses the gold and silver ratio.

There is a famous quote about short-selling that comes from Olde English business folklore that goes something like this:

"He who sells what isn't his'n.
Must deliver or goes to prison!"

That old horse chestnut was used to frighten the Rothchildian short-sellers that used to hang out on the old New York "curb" back before governments and influence- peddling lobbyists conspired to change the rules. I used to love to find overvalued stocks or commodities and get our trading desk to call over to the loan post to see what it would cost to borrow a few thousand shares of some pumped up bowser of a stock and then attempt to catch it on an uptick in order to sell it. The entire concept was rather civilized because everyone would know that there was a highly visible bear out there trying to get short something and invariably, the principals like the CEO or CFO would find out and then the ancient game of cat-and-mouse would begin.

It would begin with the phone calls from someone at the target company introducing themselves and asking you out for coffee or a beer if you were borrowing a puny 2,000 shares with the venue morphing decidedly if the number was north of 100,000 shares. (If it was a MILLION, it was a weekend in Vegas.) I would put on my most gracious persona as the rep from the overvalued company tried in vain to change my intention of hammering his pig of a stock into the ground, but what made it a study in human behavior was that the higher the gratuity, the more maniacally I wanted to sell the stock.

Needless to say, short-selling is not the fun it used to be because everyone and their uncle are "hip" to the notion of shorting overvalued garbage thanks to terrific books and movies like "The Big Short" that really showed the world how extremely difficult it can be and how the market-makers can artificially create a squeeze on a short player by simply fiddling with the "marks" at the end of every month. I, for one, long for the old days of finding some piece of Vancouver garbage that had a $500,000 annual travel and entertainment budget and a $500 annual exploration budget and a property "next door to Friedland" (!) whose founders held all the one-cent stock that was coming out of escrow next week. Adding insult to injury and turning the ridiculous to the sublime, the CEO has just paid out an egregious amount of money and stock to the telephone room owners whose job it was to "pump up the volume." Alas, the Elon Musks of the world learned how to magnificently "manage" their stocks by way of social media and sweetheart deals with all the top 50 hedge fund managers that conspire daily to monitor the share price so that nothing "untoward" can ever happen to threaten the uptrend line, despite being the most over-priced, money-losing auto manufacturer in world history.

The same thing goes for gold and silver with massive quantities of paper gold being traded as if in a virtual reality pit of digital outcry. To say that being long the gold and silver markets since 2013 has been "interesting" is like saying that having root canal surgery without Novocain is "interesting," when we both know that the proper descriptive should be "agony" or "maddening" but one adjective to most-accurately describe these past five years of shenanigans is "costly" for many people and for all the wrong reasons. Banks cannot sanction gold or silver because there is no counterparty to the transaction. Once it leaves the bank, it is gone.

I have one idea for all of you that is, in my humble opinion, one of the greatest "short" set-ups that I have seen in over 40 years trading markets. Because I am leery of interventions and manipulations carried out constantly under the blinded eyes of regulators, I need to short something that would not be exposed to directional risk. The best example of being right about something and wrong at the same time was mid-2017 when I took one look at Bitcoin and determined that it was a bubble of the highest order. That was at $10,000 per coin. It went to $19,891 and then got bombed to under $7,000 and had we shorted it in mid-year, we still would have made money but had we shorted it on December 19, we would have made a fortune. What I knew from my short-selling experiences on the Nikkei in the late 1980s was that the most difficult part of shorting is execution (TIMING) because the biggest move on a chart comes in the last 10% of its journey along the x-axis. (Classic "bubble" chart pattern).

Getting back to my version of "The Big Short," I would not want to EVER be on the other side of a Goldman "mark" (where they could arbitrarily price your position wherever they want) and we all saw how much pain they went through until the subprime bubble was finally pricked. Instead, I like the idea of risk arbitrage, something I studied at the Wharton School in 1985 with a certain professor named Dr. Jeremy Siegel. Finding relationships between two assets that are either inordinately stretched or compressed can provide the most comfortable returns imaginable when they normalize. If there are two car companies and one is trading at 22 times earnings and the other is at 11 times earnings and they are both pretty much the same in terms of market share and growth, then being short the former and long the latter eliminates the need to be right about the direction of the automotive sector or the broad market a whole. Similarly, if live hog futures are priced too far above live cattle futures, demand for pork declines and demand for beef increases, causing the spread to narrow. Now, it doesn't matter if human meat consumption shifts in favor of fish and chicken and BOTH pork and beef decline, live hogs will crash harder than live cattle and you will have made a lot of money.

So, the Great Debate amongst the stock and USD bulls is that with the weekly chart showing RSI in the 37 range and with MACD and the Histograms turning up off a deep trough seen in February, the USD is going to rally. Since gold (and silver) are negatively correlated to the USD, is there not a hidden land mine under the metals despite an excellent COT structure and positive technical? The answer is "Maybe" so in order to take the directional risk out of the metals, what is it here in April 2018 that resembles an aberration of sorts? Surely it is the real dollar prices of silver and gold relative to equities and relative to Bitcoin and relative to Toronto real estate that remain an aberration—BUT—even greater than these disparities is the value of silver relative to gold—OR—the Gold-to-Silver-Ratio (GTSR)!


The Gold-to-Silver-Ratio

With the thousands of ETFs covering everything from soybeans to dog food to body parts, you would think that someone could create an ETF for the GTSR but the only tried-and-true method of taking the directional risk out of the precious metals at any time in history is when the GTSR is above 80:1. Last week it hit 86:1 and has quickly retraced but any level above 80 has proven to be a superb entry point. The two most liquid ETFs are the SPDR Gold Trust (GLD:US) and the iShares Silver Trust (SLV:US),and both track physical bullion. With GLD closing at $127.75 and SLV closing at $15.80, you can buy 8.08 shares in SLV with one share of GLD. To get the actual 80:1 ratio, you have to own ten (10) SLV for every one (1) GLD you are short. Assuming you are looking at a big dollar trade, you do the following:

Net Proceeds (-Cost) Margin Required

Short 1,000 GLD at $127.75 $127,750 $63,875

Buy 10,000 SLV @ $15.80 -$158,000 $79,000

Total margin required (Ask your broker about this) $142,875

You are now short the GTSR at 80.80:1

Assumption A:
USD crashes; stocks crash; commodities spike; gold and silver advance; gold is at $1,577.50 per ounce; silver is at $25.95; GTSR is at 60:1

Net Proceeds (-Cost) Profit (Loss)

Buy 1,000 GLD @ $157.75 -$157,750 ($30,000)

Sell 10,000 SLV @ $25.95 $259,950 $101,950

Profit $71,950

Funds committed: $142,875

ROI: 50.35%

Assumption B:
USD rallies hard; stocks explode to new highs; commodities crash; gold and silver decline; GLD is at $107.75; SLV is at $15.35; GTSR is at 70.

Net Proceeds (-Cost) Profit (Loss)

Buy 1,000 GLD @ $107.75 $107,750 $20,000

Sell 10,000 SLV @ $15.35 $153,500 (4,500)

Profit $15,500

Funds committed: $142,875

ROI: 1.08%

Gold and silver under Assumption B have 15.6% and 2.8% declines and the trade remains profitable. Because the relationship between gold and silver was stretched, the directional risk was removed from the initial trade set-up.

The generational range for the GTSR is as follows:

  • 2007 – For the year, the gold-silver ratio averaged 51.
  • 1991 – When silver hit its lows, the ratio peaked at 100.
  • 1980 – At the time of the last great surge in gold and silver, the ratio stood at 17.
  • End of 19th Century – The nearly universal, fixed ratio of 15 came to a close with the end of the bi-metallism era.
  • Roman Empire – The ratio was set at 12.
  • 323 B.C. – The ratio stood at <12.5 upon the death of Alexander the Great.

You have all read my missives on gold and silver and stocks and bonds and the VIX and my dog and my two vices until you all basically know me better than my own children so know this: shorting the GTSR is the best, low-risk trade you can ever get in today's algo-driven world. As you all know, I took my VIX profits in February and as huge as they were, they did not allow me to parlay the winning in their entirety to my beloved silver. I had to think about what would happen if I was wrong (God forbid) so I put 25% into Fortuna Silver May $5 calls and 25% into the SLV June $15 and $15.50 calls at various prices lower than here. The problem is that since those two positions represent only a portion of the profits on the UVXY trade ($9.38 to $25 in eighteen days), I still have the principal to put to work and I really did not want to give back those winnings as I have done countlessly since 2011.

So I scoured around my thumb-drive memory stick of all the "Greatest Trades of History" and found things like U.S. Secretary of State William H. Seward's purchase of Alaska from the Russians for $7.2 million and the Dutch West India Company's Peter Minuit buying Manhattan for "60 gilders" worth of "sophisticated modern (then) European tools" worth (possibly) U.S.$15,000 and, of course, the now-famous "Big Short" trades in the sub-prime derivatives in 2008 and George Soros' short of the British pound in 1992 (which George would say "broke the Bank of England" but actually simply forced it to abandon the European "Exchange Rate Mechanism").

These were all "great trades" but what earns them "legendary" status is that they were at once both laughably unpopular and comically contrarian (as was buying the UVXY in late January). Going against the crowd is not very much fun. It is psychologically taxing and emotionally draining. Nevertheless, I believe that the gold-silver "pair" is going to be a shockingly good trade and I have gone "ALL-IN" with my remaining VIX profits and whatever else I can muster after the lawyers and accountants and CRA (and ex-wives) have had their way with me.

So, do your best to look deep into the inner vault of psychological awareness and assess, as I have, what, pray tell, might be the reason that we all take hard-earned, after-tax dollars and try to be heroes. I know I have taken risk throughout my life and in my career so now is the time to invest with "the house." The current market environment is nothing more and nothing less than a "sanctioned casino" and I might add that it has "forward guidance" in respect of "future actions" that are in demonstrative favor of "the house," so while I love buying "20 cars of beans" or a "sliver of silver futures," the trade I am taking shown above will be a huge winner, on a risk-adjusted basis.

Invest with "the House" that HATES gold and cares NOTHING of silver.

If you do, you are long "the House." Not such a bad trade.

Originally trained during the inflationary 1970s, Michael Ballanger is a graduate of Saint Louis University where he earned a Bachelor of Science in finance and a Bachelor of Art in marketing before completing post-graduate work at the Wharton School of Finance. With more than 30 years of experience as a junior mining and exploration specialist, as well as a solid background in corporate finance, Ballanger's adherence to the concept of "Hard Assets" allows him to focus the practice on selecting opportunities in the global resource sector with emphasis on the precious metals exploration and development sector. Ballanger takes great pleasure in visiting mineral properties around the globe in the never-ending hunt for early-stage opportunities.

Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Statements and opinions expressed are the opinions of Michael Ballanger and not of Streetwise Reports or its officers. Michael Ballanger is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation. Michael Ballanger was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.
2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Charts courtesy of Michael Ballanger.

Michael Ballanger Disclaimer:
This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/18/2018s-short-of-the-year.html

Gold Stock on Verge of Breakout from Long Downtrend

Source: Clive Maund for Streetwise Reports   04/18/2018

A gold company active in Fiji is on technical analyst Clive Maund's radar screen as a buy.

Lion One Metals Limited (LIO:TSX.V; LOMLF:OTCQX) is looking more and more positive here. It will be assumed by many traders that, having arrived at the upper boundary of the downtrend shown on the 2-year chart below, it will turn tail and drop back again as it has done in the past, but this time it doesn't look like it will. If we look carefully we can see that it is holding its ground here, so far at least, in a tight range that has the characteristics of a bull Flag, and doing so for long enough that we are on the point of seeing a bullish moving average cross.

If we now look at the suspected bull Flag in more detail on the 6-month chart, we see that volume has dwindled to a very low level, which at this juncture looks very bullish. Thus it looks likely that an upside breakout will occur soon.

A key point to note is that if Lion One does now break out from its downtrend, traders will come down off the fence and pile in, and with volume now so light it won't require many of them to drive a significant advance.

The conclusion is that Lion One looks is on the point of breakout here, so holders should of course stay long and it is again a buy at this price.

Lion One Metals website

Lion One Metals Ltd, LIO.V, LOMLF on OTC, closed at C$0.65, $0.51 on 16th April 18.

Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.

Want to read more Gold Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Lion One. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Lion One.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.

Charts provided by the author.

CliveMaund.com Disclosure:
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction. Mr. Maund does not own securities of Lion One, Mineworx, Enviroleach or Silver Bull Resources.

( Companies Mentioned: LIO:TSX.V; LOMLF:OTCQX, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/18/gold-stock-on-verge-of-breakout-from-long-downtrend.html

Biodegradable Packaging Stock Brief Update

Source: Clive Maund for Streetwise Reports   04/18/2018

Technical analyst Clive Maund discusses the charts for a biodegradable packaging company that he says are strongly positive.

The purpose of this brief update is to remind you that the charts for Good Natured Products Inc. (GDNP:TSX.V) remain strongly positive and it continues to look very attractive here. The stock was written up on the site almost a month ago since which time it has remained in a tight range, so that it is currently at the same price as back then. However, even though the setup has changed little it is believed to be steadily approaching completion of its Cup & Handle base pattern, with the probability of an upside breakout growing with passing time.

Please refer to the commentary in the original March report for a description of the charts below, which have changed little since then.

While some may consider the name of this company to be a bit silly, what the company does is definitely not silly and the market for the company's products has huge growth potential.

Good Natured Products website.

Good Natured Products Inc, GDNP.V, SLGBF on OTC, closed at C$0.10, $0.087 on 16th April 2018.

Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.

Want to read more Streetwise Reports articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Good Natured Products.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Good Natured Products, a company mentioned in this article.

Charts provided by the author.

CliveMaund.com Disclosure:
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.

( Companies Mentioned: GDNP:TSX.V, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/18/biodegradable-packaging-stock-brief-update.html

Cooling Systems Stock Now in Position to Take Off Higher

Source: Clive Maund for Streetwise Reports   04/18/2018

Clive Maund provides a technical analysis on an energy efficiency company that he believes is a buy.

Whilst obviously a speculative play that is not suited to all subscribers, simply because of its low price, Smartcool Systems Inc. (SSC:TSX.V; SSCFF:OTC.MKTS; R3W:FSE) continues to shape up well, and look even more attractive than when we last looked at it on 14th March. This is because, as we can see on its latest 1-year chart below, the Head-and-Shoulders bottom that is developing in it has now become pleasingly symmetrical, which means that the time is nigh for it to break out upside from this pattern into a significant new bull market upleg. The strongly bullish volume pattern and volume indicators support this outcome, in particular the strong On-balance Volume line, and the current tight bunching of the price and moving averages create the potential for a big move soon. The fundamentals of the company are believed to be good and continuing to improve.

Holders should therefore stay long, and Smartcool is rated an immediate strong buy again here.

Smartcool Systems website.

Smartcool Systems Inc, SSC.V, SSCFF on OTC, closed at C$0.06, $0.045 on 13th April 2018.

Clive Maund has been president of www.clivemaund.com, a successful resource sector website, since its inception in 2003. He has 30 years' experience in technical analysis and has worked for banks, commodity brokers and stockbrokers in the City of London. He holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.

Want to read more Energy Report articles like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent articles and interviews with industry analysts and commentators, visit our Streetwise Interviews page.

Disclosure:
1) Clive Maund: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: None. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: None. CliveMaund.com disclosures below. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article/interview, an affiliate of Streetwise Reports has a consulting relationship with Smartcool Systems.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Smartcool Systems, a company mentioned in this article.

Chart provided by the author.

CliveMaund.com Disclosure:
The above represents the opinion and analysis of Mr Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. Mr. Maund is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations mentioned in his reports. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stockmarket analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction.

( Companies Mentioned: SSC:TSX.V; SSCFF:OTC.MKTS; R3W:FSE, )



from Streetwise Reports - Exclusive Articles https://www.streetwisereports.com/article/2018/04/18/cooling-systems-stock-now-in-position-to-take-off-higher.html