aibek burabayev Archives - Page 40 of 59

Silver Stocks: Is This Fallen Angel Worth A New Chance?

Posted on February 22, 2017February 22, 2017 by Aibek Burabayev

People ask me why I prefer silver over gold recently. There are several factors why I like in silver, the first is the cheap price, you don’t need to use leverage to enter the market, the second is that I have a bearish view of the gold/silver ratio and the third, but not the last thing is that it is not favored by central banks or ETFs and flies die when elephants fight.

So, in this post I would like to analyze some silver stocks. As you might remember they scored record gains last year and I thought we could see more gains as precious metals crept to the upside after consolidation.

Chart 1. Top Silver Stocks: One Stock Lost The Flock

Chart courtesy of tradingview.com

There are top 5 silver mining companies by market capitalization and silver itself (black) in the chart above. Continue reading "Silver Stocks: Is This Fallen Angel Worth A New Chance?" →

Love Metals? Good For You!

Posted on February 13, 2017February 14, 2017 by Aibek Burabayev

There is an interesting opinion that I have read on the web that it wasn’t Trump who put the metals on the rise as many people think, it could be the Chinese huge economic stimulus instead, as shown in the chart below.

Chart 1. China Government Spending, China Interest Rate

Chart courtesy of tradingeconomics.com

I decided to make my own analysis of the price dynamics to check this assumption.

Chart 2. 1-Year Comparative Chart of ETFs and Metals: Synergy Wins!

Chart courtesy of tradingview.com

In the chart above, I have combined three ETFs and three metals for clear illustrations of two important things - the first thing is timing and the second thing is the result of the instrument choices.

The three ETFs are: Continue reading "Love Metals? Good For You!" →

Copper's Consolidation Offers Buying Opportunity for Freeport-McMoRan

Posted on February 7, 2017February 7, 2017 by Aibek Burabayev

Every great party is followed by a hangover; every good rally is followed by a consolidation.

Chart 1. Copper Weekly: Consolidation

Chart courtesy of tradingview.com

Copper was a hit at the end of last year. The price has gained more than 30% at the top of $2.74 from the end of last October. And then the players started to book the profit pushing the price down to the $2.4 area. It’s wise and natural to save such an incredible gain. Continue reading "Copper's Consolidation Offers Buying Opportunity for Freeport-McMoRan" →

Gold & Silver: Reversed! What's Next?

Posted on January 30, 2017 by Aibek Burabayev

It’s ironic that people often get puzzled when they get what they wanted or dreamt about. Those who had dreamt of having a baby often panic when the baby is born and think what should we do with this cute toddler?

We are now in the same situation. I called for market a reversal last month and now we got it! Hmm…what’s next? Now that my prediction raised a ton of money I need to carry on using chart analysis only.

Chart 1. Gold Daily: The Santa Claus Rally!

Chart courtesy of tradingview.com

It was not easy at all for gold to escape from captivity of the blue downtrend. I extended it on the chart above to cover the whole move down as in the previous chart it was half as short as such deep was this move. Continue reading "Gold & Silver: Reversed! What's Next?" →

Is Stillwater Mining Company (NYSE:SWC) A Smart Takeover?

Posted on January 23, 2017January 22, 2017 by Aibek Burabayev

Back in September, I wrote that the Stillwater Mining’s stock price was under pressure amid a weakening Platinum. The metal’s price action signaled that another drop below $1000 was in the cards. Indeed the metal price has lost “one digit” sinking to a low of $890 last month from the $1030 level when I wrote the post.

Stillwater Mining Company (NYSE:SWC) followed the metal’s drop and fell from $12.43 to $11.19 last October, but then it started to rocket higher and hit the 2-year maximum at the $17.50 level last December despite the new low in the platinum price. The clear answer to this contradiction in the metal and stock price behavior came on the 9th of December, 2016. That day, “The Last Mohican” of pure American platinum-group metals (PGM) producers announced that it would be acquired by a South African company for $2.2 billion in a deal that requires U.S. government approval. The purchase price was set at $18 per share and this explains the robust growth of the stock price on the market. Continue reading "Is Stillwater Mining Company (NYSE:SWC) A Smart Takeover?" →

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