Macro Monday 57 - Venezuela Update I'll have more charts for you over the coming week but feel this is an important event that could help shape South America's economic trajectory over the coming 5 - 10 years Last week I shared the country that has the largest oil reserves in the world, Venezuela. I noted that Venezuela stands at a critical juncture, with...
Macro Monday 54 Chile and Peru The Largest Copper Producers in the world A staggering 36% of the global supply of copper originates from Chile and Peru. With AI, semiconductors and big tech leading the furore in markets, isn’t it any wonder that both countries are demonstrating incredible growth. Being the largest producers of copper in the world during one of...
ENG Together with measurements of Fibonacci Expansion, Fibonacci Retracement, using the BCS:FALABELLA golden system, we are certain that the price of #Falabella must reach the following bullish prices: -2720 - 3270 (Short-term target) -3700 -4080 -4350 -4650 -5100 Currently BCS:FALABELLA is trading at a value of 2477. When to buy? As measured with...
LPI has experienced an impulsive 25% drop after Chile announces that it will nationalise its country's lithium supply. Private companies will be forced to work with the state to develop the local industry. I have not looked in depth into Chile's lithium industry and the potential long term consequences but the market demonstrated how it felt about the...
Banco de Chile, together with its subsidiaries, offers banking and financial products and services to customers in Chile. The company operates through four segments: Retail, Wholesale, Treasury and Subsidiaries. The company also offers leasing, factoring, and foreign trade services. Revenue TTM 2.1B Net Income TTM 734M Net Margin TTM 34.3% P/E 13.29 Dividend yield 3.43%
After the IPCC's recent report showing that the North Atlantic Current may be on its last legs, I decided that I needed to diversify away from the US and Europe a bit. (If the North Atlantic Current fails, it would cause massive, disruptive climate change for Europe and North America.) So I committed to look for opportunities in some country ETFs. The one I've...
When will chile market the catch up? After the elections? Political discount is probably too high
Vapores, maritime cargo transport business in a channel up. It has broken many resist lines, now it's going up to 62K.
Even though LTM is under 11th chapter review, the soon end of covid lockdown and the airport reopening will send the stock price up to $2500
The world’s biggest lithium producer is ready to take off We look for the price target at 75 Today entered volume (large), Candle shows strong purchases during the session, Volume Profile reflects high trading area at the level of 56 By development of Elliott Waves, it could be the end of Corrective Wave 4 (Correction to 23.6% of FIBO) don't lose your seat in...
Copper & Gold player HCH with some solid volume after some an exceptional Maiden Recourse result. Big things are coming for these guys and i'm following along for the ride. Entry average 4.4c but will definetly keep accumalting more shares. Minor resistance @ 6.8c Major resistance @ 9c I see very little downside to these guys but as per every trade my trailing...