BUY WTN.TO $1.67
SOLD KCL.TO $3.07, 64% profit
We saw good gains in the markets last week and they look to be consolidating and trading somewhat sideways here. I am still neutral to bullish on the markets going forward and holding strong and taking some profits.
Currently, my focus to profit from the issue of rising inflation is being Long commodities (i.e. oil, silver, gold, platinum, copper)/Short US$. My short USD/CAD trade has seen gains of +25% over the last week and I have been fading rallies and scaling in and out of positions as the US$ trends lower. I expect the greenback to continue its slide lower this week and my overall target for the USD/CAD is $1.03. I will continue to search out high quality commodity related names.
BNK.TO as discussed in some of my previous posts finally broke out above $2 after some sideways trading. I own this stock and I'm up 7% and I may consider adding more to this position tomorrow.
Feature picks and performance (%):
FLOW -4.37
PWAV +9.77
APL +0.59
IVW.TO +4.78
FSIN +13.10
FOS.TO +22.78
EVVV +5.13
NCOC -11.94
KGN.TO -2.04
WTN.TO -9.51
BGP +209.89
NANO -17.05
LINTA +15.71
DVAX -16.67
SMSI -22.29
KCL.TO +53.50
EXBD -0.34
ELR.TO +5.68
SOLD KCL.TO $3.07, 64% profit
We saw good gains in the markets last week and they look to be consolidating and trading somewhat sideways here. I am still neutral to bullish on the markets going forward and holding strong and taking some profits.
Currently, my focus to profit from the issue of rising inflation is being Long commodities (i.e. oil, silver, gold, platinum, copper)/Short US$. My short USD/CAD trade has seen gains of +25% over the last week and I have been fading rallies and scaling in and out of positions as the US$ trends lower. I expect the greenback to continue its slide lower this week and my overall target for the USD/CAD is $1.03. I will continue to search out high quality commodity related names.
BNK.TO as discussed in some of my previous posts finally broke out above $2 after some sideways trading. I own this stock and I'm up 7% and I may consider adding more to this position tomorrow.
Feature picks and performance (%):
FLOW -4.37
PWAV +9.77
APL +0.59
IVW.TO +4.78
FSIN +13.10
FOS.TO +22.78
EVVV +5.13
NCOC -11.94
KGN.TO -2.04
WTN.TO -9.51
BGP +209.89
NANO -17.05
LINTA +15.71
DVAX -16.67
SMSI -22.29
KCL.TO +53.50
EXBD -0.34
ELR.TO +5.68
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