Ok. So far predictions have been really good and i hope to keep the same momentum.....
I think we will see oil go over the 40$ this week as we approach the OPEC meeting and that a decision will be made to keep January level. Then expect a bit after oil to rise near the 50$ a barrel as i do not believe the inventory results published lately and i expect a drop in inventory by a 5 to 10%.
As for gold it will continue its climb but mostly this week due to profit taking.
As for stock, do not be surprise to see a small decline or gain as it try to find the right direction.
Now, regarding stocks that i have under the radar, AC.TO will decline a bit most probably under the 8$ allowing to get back in.
GPR.TO will continue to move a couple of pennies under or above and if it reaches 95 cents with low volume, i am back in.
SU.TO will be the star this week as i expect a 10-15% gain allowing it to reach the 36$ level.
Let see if i am right again.
Have fun
I think we will see oil go over the 40$ this week as we approach the OPEC meeting and that a decision will be made to keep January level. Then expect a bit after oil to rise near the 50$ a barrel as i do not believe the inventory results published lately and i expect a drop in inventory by a 5 to 10%.
As for gold it will continue its climb but mostly this week due to profit taking.
As for stock, do not be surprise to see a small decline or gain as it try to find the right direction.
Now, regarding stocks that i have under the radar, AC.TO will decline a bit most probably under the 8$ allowing to get back in.
GPR.TO will continue to move a couple of pennies under or above and if it reaches 95 cents with low volume, i am back in.
SU.TO will be the star this week as i expect a 10-15% gain allowing it to reach the 36$ level.
Let see if i am right again.
Have fun
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