Copper and silver stocks not up as much as they should be given commodity prices, and some aren't up at all. Something has to give here perhaps the April 2nd tariff fears are countering what should be tremendous operating strength. In the past, you would get 8-12% upside on the stocks on such a day although occasionally it occurs a day later. MAG Silver had a good quarter I missed that earnings release. Taseko is slowly crushing resistance looks promising, Hudbay and Lundin up but not a ton, I retried Ero Copper and it's flat lining today. So I rebought MAG on a big drop, ERO Copper and Hudbay on the open, a small position in Aya Silver. Sold my Lundin and a small day trade on Capstone. Considered selling Fortuna and Hudbay at daily highs but didn't. I really want to dump Silvercorp which is stuck in an ugly range but I'm not going to book a loss on this. Copper at $5.21 and looming shortages the next few years that may be exasperated by Trump policy. Reminds me of lumber back in term one. Should be one of the best areas to be in imo.
Stoney what’s your LUMN news? Negative. “ Street Color: AT&T in Talks to Acquire Lumen Technologies Consumer Fiber Business, Bloomberg Reports MT Newswires· 5”
Stoney gave us two TV series to watch. "Succession" and "Severance." There's a funny coincidence here. The company names in each of these two shows are also two Stoney stocks in real life. Waystar and Lumen.
Have you watched Billions? I should have conserved it. Stevie Cohen probably loved it since it showed him in the most bad ass way?
Sold ERO Copper ( b/e), Athabaska Oil ( profits ) eod. Felt like nothing was going right today but up $3K anyways !!! That's been the month just a nice trend up all month after one dreadful day early month, up 10% overall. No big winners but just short trading cycles and profit taking. Commodities are a great place to be this month.
Can you trade US stocks without the currency and extra fee charges? I took a few months long ago to trade the TSE, was fun but commissions and currency surcharge ate up my gains.
There are a nice selection of cdrs on the big US stocks ( currency hedged ) and numerous index/sector etfs that are also currency hedged. Some of my Cdn stocks are dual listed you can buy them on the NYSE but I'm not holding US$ ( might have been a strategy when the $Cdn was above par to the US$ ).