What a strange week it has been on almost all fronts.
1) RAD: Very surprising share price drop at first look but when you get into the details, it seems more like a untrusted management to put back this corp on the right tracks. Investors do not believe that mgmt has what it needs to turn that ship around. I do believe that there is a bright future for RAD but management shake up must happen first. I do expect kind of a small rebound but we never know how traders will try to get the most out of it. I think RAD could test the 2$ mark again today or early next week unless something highly positive happen. As of now, it is a HOLD
2) Gold and silver were shaken a lot this week with the possibility of another interest hike this year in the USA and the US dollar gaining strenght. Could be a great opportunity to buy some in gold producing companies.
3) Construction is still doing fine but HOV is lagging. I expect a little turn around from now and HOW could go a bit over 2$ next week.
4) Amazon and Alphabet are still competing on which one will get over 1000$ and stays over there. I think it will be sideways trading for another week or two.
5) OIL: great week again for Canadian producers and expect more in the coming weeks untill OIL stabilizes at around 60$
Enjoy your week end
1) RAD: Very surprising share price drop at first look but when you get into the details, it seems more like a untrusted management to put back this corp on the right tracks. Investors do not believe that mgmt has what it needs to turn that ship around. I do believe that there is a bright future for RAD but management shake up must happen first. I do expect kind of a small rebound but we never know how traders will try to get the most out of it. I think RAD could test the 2$ mark again today or early next week unless something highly positive happen. As of now, it is a HOLD
2) Gold and silver were shaken a lot this week with the possibility of another interest hike this year in the USA and the US dollar gaining strenght. Could be a great opportunity to buy some in gold producing companies.
3) Construction is still doing fine but HOV is lagging. I expect a little turn around from now and HOW could go a bit over 2$ next week.
4) Amazon and Alphabet are still competing on which one will get over 1000$ and stays over there. I think it will be sideways trading for another week or two.
5) OIL: great week again for Canadian producers and expect more in the coming weeks untill OIL stabilizes at around 60$
Enjoy your week end
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