Update- very little volume on ADR makes this tough to judge. The TA pattern is very constructive. Stk- $8.40 to--> $9.25 and looks higher... SOUHY South32 Limited- $9.25 0.31(+3.47%)9:50 AM 05/12/25 Pink Current Info |$USD |Delayed South32 names Anglo American executive Daley as new CEO starting in 2026 NewsToday, 6:57 AM
Has The Real Estate Collapse Begun? Florida Homes Decline Hits A 13-Year High Has The Real Estate Collapse Begun? Florida Homes Decline Hits A 13-Year High Sun, May 11, 2025, 9:00 PM EDT4 min read There’s been talk for many years of a real estate collapse to rival the crash of 2008. However, with Florida recently posting its biggest decline in house prices in 13 years, according to Bloomberg ,that scenario seems closer than ever. High interest rates, high insurance costs, oversupply, and low demand have caused the Sunshine State to contain over half of the U.S. metros with the most price cuts. According to Realtor.com, around one-third of the homes in North Port and Tampa had price cuts in April. They weren't the only places. Cape Coral saw cuts of more than 28%, and Jacksonville had over 27.5% of its homes drop their prices.
Ok huge pop on some of the metals and oil stocks ( and some down ). Considered selling MAG Silver on the big pop but didn't. Happily sold my two Oil stocks close to daily highs, rebought WCP just now. Rebought SCZ and Fortuna on their drops as trades. Added some III on a dip that makes no sense given their boffo earnings. Ensign was tempting even at +7%. Hudbay I missed out not going to chase $12 Cdn was my old target pre-tariff level it topped out at that exact level. Lot of stocks moving based on earnings buyers are pretty selective.
Sold my Fortuna and VZLA not loving Silver action today reduced exposure. Rebought Ensign ( Energy Services ) and Capstone ( Copper ) as trades. Watching Whitecap ( Oil ) carefully. Looking to dump MEG Uranium and Silvercorp if they get back to b/e on recent positions.
MAD Silver being taken over at est. $20.54 US which is $28.77 Cdn. It hit $26.60 this morning now only $25 and change. Some slippage because there is a share portion PAAS which of course dropped on the news as the acquirer. So I'm holding for more of course, might be a buy here I made money on Veren in a similar situation when Whitecap took them over. I think MAG is to some degree free money here. I sold all my Silvercorp at a loss and put it all in MAG. Wanted to unload it for ages. Sitting on a large position in Silvercorp has killed numerous opportunities for many weeks. On the other hand, sitting on my MAG Silver has paid off.
Nine we got very lucky today with MAG here in the states the sector is getting bitch slapped,.... that being said I think you are missing one of the best stories Buy--->TECK Teck Resources Limited $38.00 +2.27 (+6.35%)2:47 PM 05/12/25 NYSE | $USD | Realtime PS: I know I said buy at $41 as well. My cost is right about here @$38
It's a large cap on the recovery play there was far more torque in the mid caps ( and two small caps I found III and ARG ). It's on my list. The large caps are more index driven as well so if you like the overall market then TECK is a good "safer" play.