Tag Archives: demand

There’s more upside yet in lumber stocks.

Back in early February, I posted an article suggesting Canadian lumber stocks were poised to perform.   I mentioned that I’d bought one myself – West Fraser Timber (cost $57.85) – which is now just above $70.  A 22% return over … Continue reading

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“China’s imports of industrial metals are booming.”

I borrowed the title from a Globe & Mail article.  I first suggested buying into a metals recovery back in February suggesting Freeport (FCX) and Western Copper and Gold (WRN).  One name I’ve also bought into is not on anyone’s … Continue reading

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Avoid natural gas companies despite bounce in energy sector.

Oil has had a spectacular rebound as news that OPEC+ might be willing to come to some sort of agreement (with Trump’s help?) The price of WTI popped from the $20 level.  I did share that on March 20 I … Continue reading

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More than toilet paper in short supply.

We have been meaning to buy a computer monitor for my daughter who often works from home – her company laptop is tiny.  Decided to go today and discovered there’s been a run on monitors.  The young fellow at Best … Continue reading

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Oil stocks still worth avoiding – usually fall more than crude prices.

I suggested in prior post that oil would be in trouble due to the COVID-19 impact on fuel demand. The stocks are being clobbered, and one might be tempted to ‘buy low.’ After all, Chevron’s dividend yield is above 5%.  … Continue reading

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How to play the copper rally. Two stocks!

Once China’s economy is back online, it will inevitably need tons of copper.  Before coronavirus, the government had planned to give a boost to economic growth: The People’s Bank of China said it planned to slash how much capital banks … Continue reading

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The Day After – Catalyst for resumption of Bull Market will be a surprise!

I provided a rather winded explanation in my previous discussion about why the current correction was inevitable.  Since then, the S&P 500 has declined roughly 3%.  It is likely to get worse before it gets better? My own estimation was … Continue reading

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Global resources boom imminent!

“The global demand for resources is beginning to improve, the Far East is growing again, and over the past years, commodity prices are heading in the right direction – as is to be expected at the start of a global … Continue reading

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RIM – stock-picking shame and salvation!

Finally RIM is getting some respect.  Today ScotiaCapital upgraded the stock to a sector outperform rating: “In our view RIM does not need to deliver the best selling smartphone in order to deliver an upside EPS surprise. And we believe … Continue reading

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Why the price of gold skyrocketed and why it’s over!

Everyone is fascinated by the yellow metal.  I’ve been to exploration sites as far north as Nunavut (by the Arctic Ocean) and south to operating mines in Chile.  But determining what it’s worth remains a conundrum to all of us. The price … Continue reading

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