Who would have thought automakers would one day be embedded deep in the mining sector? But that’s a new reality as the companies try to secure crucial lithium supplies as the race to electrify the auto industry heats up. The…
BlackSwanAlert
One of the best ways to spot opportunity is "other people doing dumb things.” That’s what Warren Buffett said at Berkshire Hathaway’s annual meeting. "What gives you opportunities is other people doing dumb things. During the 58 years we've been…
The 2023 hurricane season could get bad. In fact, as noted by NextGov.com, “After two years of relatively mild hurricane seasons, 2023 will see above-average hurricane activity, researchers predict. The forecasters expect the number of major hurricanes this year to…
Keep an eye on the red-hot, recession proof biotech space. There’s been a good deal of M&A activity – and it’s far from over. In fact, in the first quarter, M&A activity soared to about $71 billion, more than double…
Cannabis stocks could see higher highs on new legalization efforts. Just last week, according to Marijuana Moment, Rep. Dave Joyce (R-OH) and House Minority Leader Hakeem Jeffries (D-NY) introduced the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act…
Gold could see higher highs. All thanks to signs inflation may be cooling, which could lead the Fed to pause. The Labor Department said CPI was up just 0.1% last month, which was weaker than the 0.2% anticipated. Over the…
Gold just spiked above $2,000. Last checked, gold was up $35.14 to $2,020.60 and could push even higher. All after the release of weak U.S. economic data. Job openings fell to 9.93 million from 10.5 million in February, below the…
Look at EVgo (EVGO). The stock took off and is now challenging resistance dating back to late 2022. In fact, if it can break above $7.50, it could potentially run back to $10 a share. All after the company crushed…
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…
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…