The bull needs to calm down a bit. With the volatile month of September around the corner, there might be a ‘bull-calming’ selloff in the market on its way.
Kris looks at BHP Billiton’s record loss and its lowest annual revenue result since 2005. The resource boom is definitely over, but is this the end of the downturn?
Moon Express is no sure thing, but this regulatory move from the US has set a precedent now for the growing commercial space industry.
It’s no surprise that Venezuela — and other nations dependent on crude — are talking up the crude oil price. But, do you remember how this went last time?
In 2016, after years of promise, resource stocks have finally started to rebound. The only issue now is whether they can keep going.
Keep an eye on oil and oil related stocks. There might be some good long term opportunities emerging over the next few months.
With crude starting to trend lower, it probably won’t be long until more investment banks downgrade their crude oil forecast.
Looking forward, Aussie gold stocks could take a decent hit, which would offer a huge buying opportunity in the months ahead.
China is churning out oceans full of unprofitable steel because it’s the only way it can keep economic growth from stalling. To state the obvious, this is an unsustainable growth model.
For nearly two years, the global oil market has been flooded with excess supply. Yet, putting a strong bid under crude this year, punters have chosen to ignore this fact.