jhamlin24

jhamlin24

Texas Mineral Resources Corp.’s primary focus is to develop and commercialize, along with its joint venture operating partner USA Rare Earth LLC, the Round Top heavy-rare earth, technology metals, and industrial minerals project located in Texas, in which TMRC owns an approximate 20% interest and USA Rare Earth owns an approximate 80% interest. Additionally, the...

jhamlin24

The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates....

01:16

jhamlin24

The company released early Q3 results, with total Q3 payment volume expected to jump 44.8% to R$29.4B and net income surging 42.5%-46.8% to R$330M - R$340M. Active merchants are expected to be slightly over 5M, compared to 3.8M last year, with slightly over 300,000 new active merchants added in the quarter.

02:18

jhamlin24

Bearish breakdown in September and another bearish descending triangle pattern to deal with. But some early bullish signs developing. The outlook is neutral in the near-term, but we remain bullish medium and long-term.

02:06

jhamlin24

I hedged my long portfolio today and think we could see the current rally fade and stocks turn lower in the days ahead. $SDS $UVXY $SKF

jhamlin24

Investors in the cannabis space have thus far focused primarily on the growers of the product. We first recommended Canadian greenhouse growers in 2016, added in 2017 and added again in early 2018. It has been a very profitable ride and I believe there is more upside ahead for cannabis growers over the next 12 months. But they will eventually face margin...

jhamlin24 Updated 

Nice bottoming formation on the chart, higher lows, undervalued relative to U.S. counterpart Square (SQ), bullish news from Brazil that a pro-business leader could take charge.

jhamlin24

I love the company Square and think they will do well long-term. But it has run too far, too fast in 2018. The stock is now down around 15% in the past week, but needs to correct another 10% before hitting support. Only after a drop to $72, should investors consider buying/adding the dip. Otherwise, there is the risk of catching a falling knife.

jhamlin24

Given the cost to mine a single bitcoin is currently around $5,800, I suspect this price level will act as strong support. If it fails, there is additional support as noted in the chart. Over the course of a few weeks, mining difficulty adjusts and the cost to mine could drop. News flow has been mostly bullish, so the current drop below $6k makes little sense....

jhamlin24

Bullish move on breakout above the resistance line. We want to see a few days of follow through, holding above the line. But powerful buying pressure is likely to attract fresh capital inflows, so this is a good point to be accumulating IMO.

jhamlin24

A series of higher highs and higher lows over the past month is very bullish for Bitcoin. It is now testing critical resistance at $11,800. I have charted future resistance levels, but notice the big gap between $13,000 and $17,250. A move above $13k is likely to be followed by a sharp rise back towards all-time highs. News flow has been overwhelmingly positive...