by BlackSwanAlert | Mar 23, 2023 | Markets
Keep an eye on cannabis stocks. Germany may be about to legalize its use, and greenlight its consumption. If so, says CNBC, “Legalization of the drug in the EU’s largest economy could potentially open the door to similar reforms in other European countries.” All after...
by BlackSwanAlert | Mar 22, 2023 | Markets
Meta Platforms (META) is on fire. After a rough outing in 2022, the stock is on the mend. Better, if META can break above double-top resistance around $207, it could see $225 next. From there, it could go on to refill its bearish gap around $350. Helping, analysts...
by BlackSwanAlert | Mar 21, 2023 | Markets
Keep an eye on oversold oil. At $67.82, crude is sitting at support dating back to late 2021. It’s also oversold on RSI, MACD, and Williams’ %R. And we expect to see oil come back strong – especially with summer driving season just around the corner. “Fears...
by BlackSwanAlert | Mar 13, 2023 | Markets
Morgan Stanley analyst Michael Wilson, one of the bearish analysts on Wall Street, has advised investors to sell potential uptick in US equities that would occur due to regulatory assistance actions taken in the wake of Silicon Valley Bank’s failure. On Sunday,...
by BlackSwanAlert | Mar 9, 2023 | Markets
Bank of America says we could see a surplus of lithium, with higher volume set to supersede slowing demand. “We see a lot of supply coming out from lithium mines … We are expecting 38% lithium supply growth this year. That’s why 2023 is likely to turn into a surplus...
