Niocorps Developments - the Big One CountThis Eliott Wave Count of Niocoorp Develoopments reflects a bullish longterm Supercycle upward impuls pattern of the marcet.
Wave 3 upward impuls pattern should lead the PPS of the shares above 106 Dollar propably higher, after the a-b-c running correction of the past months. If the abc correction should last a little bit longer the 0.84 Dollar are an exiting entry point. Bu this scenario of a wave c extension within the running correction is not necessary. PPS can explode anytime within the start of the Wave 3 upward impuls.
Note: This is no advice to buy or to sell a stock. Stock can rise or fall. Each investor is acting on his own risk.
GREEN-ENERGY
ET to make a Move to the Upside SoonThe midstream "stocks" typically move predictably with their payouts. Energy Transfer is no different and is moving to a strong upside as a payment is expected in October. There's also the considerable catalyst of its acquisition of Enable Midstream Partners which will expand $ET's already extensive pipeline coverage (~90,000 miles). Buying into $ET at its present valuation is nearly theft.
UUUU Clean Green Energy PlayWIth all the hype about green energy, the only sustainable and reliable form of clean energy is nuclear (maybe hydro but thats another story). Nuclear Power plants have not been meddled with for about 40 years. Many of those which are being decommissioned (???). Solar and wind produce more toxic waste to the environment when compared to nuclear. Which nuclear waste goes into safe long term storage in water pools at the power plant or in a dry cask. This "used" up fuel can be reprocessed and used again. Spot price of uranium being at some low spot, the ability to buy and hold millions of pounds of uranium, and Sprott adding physical uranium to markets (SRUUF) is a big win for the long term bullish cycle coming into these uranium/energy plays.
Southern Company Stock Analysis (SO)Basic Facts:
Southern Company is itself a holding organization who owns all of the Common Stock for Alabama Power, Georgia Power, Mississippi Power, and Southern Gas; all of which are publically operating utilities. Southern’s other holdings include Natural Gas Distribution, Marketing, Wholesale services, and pipeline investments.
Growth Factors:
The total customers served under Southern’s (SO) area are about 4.5 million. This looks to be one of the largest areas of growth for the next decade. The recent pandemic has forced many people to re-evaluate what they want out of life. Contemplation has resulted in a mass exodus from northern states to southern states (see census data) as many freedom sensitive and financially cognizant individuals seek more accommodative socio-economic environments. I see this trend to continue as COVID transforms from a persistent threat to a source of past-trauma and driver of personal reflection. The trend of “realization” will, in all likelihood, continue and grow to a nexus in the next couple years. This may well increase Southern’s customer base by an order of magnitude over the next decade. The number of customers will grow until economic pressures force northern and liberal states to seek conformity with their more free counterparts. I think these pressures will need to persist for ten years before changes in these sates become apparent enough to soften demand for family and individual relocation.
Demand for Green Energy isn’t subsiding. Common notions of “green” energy typically involve: Solar, wind, and natural gas. Southern has a large presence in the Natural Gas industry along with very accommodative infrastructure and buy-back policies for solar generation. Political environment and other entities with SO’s area (Transmission entities, EMC’s, and Power Co-ops) are also accommodative to Solar Generation through buy-backs and Green Energy purchasing programs. These will bode well against the persistent narrative in favor of green energy.
SO’s interest in the Vogtle Units 3 and 4 also paints a very good picture for the future of net-zero carbon emitting generation. Commonly repeated negativity surrounding the numerous cost over-runs and delays surrounding construction of the Units are, in my opinion, vastly over-stated. The new Vogtle Units are state-of-the-art (new cooling technology and new style Westinghouse alternator). Most of what’s being done at Vogtle has never been done before in scope, scale, or timeline. The bankruptcy of Westinghouse (the manufacturer of the alternator used for Units 3 & 4) also stretched expected completion date. Considering these pressures, miscalculations in costs and timelines are to be expected. However, I believe most investors have priced in delays within the present stock’s price (~$61.00 per share).
I treat the inclusion of expanding Nuclear generation in my bullish assessment of Southern’s stock because, as the amount of traditional green energy (Solar and Wind) increases as a percentage of effective generation, it will become painfully clear the system becomes more fragile in exponential proportion to the amount of “green” generation expressed. Protecting the system against itself when this proportion of expressed green generation is large remains an evolving science. Many substations are adding high-voltage reactors to provide inertial frames for fault detecting relays but this will likely not be enough to appropriately protect the electric system. This will make classic rotating machines (steam turbines) necessary to provide base-generation and system stability (this is not opinion, but fact).
Nuclear power is also cheaper to generate though maintenance costs can be substantive (there are few things more complex than steam turbines). This will create an economic pressure for Southern to generate more power through their nuclear units as other utilities looking to buy power off the wholesale markets demand the cheaper energy (this is my opinion).
Monetary Environment:
In the age of Central Bank debt jubilation it’s always appropriate to consider the actions of the Federal Reserve into one’s evaluation of American equities. This is no different for my evaluation of Southern Company. The Fed has provided markets with liquidity ad nauseam. This was true even before the repo crisis of summer 2019 and the liquidity crisis of March 2020. Looking at the chart, one can see the precipitous rise of SO’s stock price throughout 2019 as the Effective Federal Funds Rate (in purple) decreased rapidly in the aftermath of the “taper tantrum” in 2018.
As the Fed has driven down the effective interest rate and costs of capital, investors can expect more capital appreciation for each dollar invested into financial markets. This has resulted in speculative waves in tech and other growth sectors which themselves have bred things like “meme stocks” and ESG investors. Narrative and “hopium” have become more significant than cash flow and asset valuations. This fact makes my present valuation of most equities included within the S&P remarkably over-bought and “bubbly” (death-gaze on TSLA). Over time, debt can never remain solvent at the present levels. The Fed will have to taper eventually and, once it does, capital will fly at super-sonic speeds away from growth investments (Amazon, Apple, Tesla, NVidia, and the tech industry as a whole) to value investments, like SO. This will not necessarily result in a rise in the stock’s price but those who are already positioned in value stocks once the Fed tapers will sleep easily.
Stock Price:
I expect the utility sector to languish through the summer as monetary conditions will remain accommodating throughout the rest of 2021. I don’t expect a rise of the stock price above $67.00 throughout the summer with no breakout above $70.00 for 2021.
The short-term trend of SO is bearish with the equity in a noticeable downtrend. However, SO is approaching the lower bound of a regression trend with a buy price of $60.50. A longer-term regression trend shows a bullish trend with the present price approaching the lower bound of that trend as well.
SO will need to hold $60.00 as a resistance. If this resistance fails the next price target would be $57.35.
My longerm (3-10 years) valuations is: BULLISH
#MINT finishing an accumulation period @Mint_eco_PPAfter a long incomplete takeover process MINT is bouncing on its long average to potentially go to new valuations that it deserves, being largely underrated
This is my long tem GEM EnergyWebTokenPlease before investing, do your own research and invest money, you are ready to lose, if the project fails. I am ready to take the risks, are you? If yes, then welcome
Pare EWT/Bitcoin
My targets are shown on the graph, I trade 10% of my holdings, to make it more interesting for me. My final target is 0,0042 or $250 per token and still I will keep many, which is for me, more then %2000, as I had been accumulating from the bottom (0,00018)
Project is very promising Energy Web Token (EWT), exchanges to buy: KuCoin, Kraken, Liquid. I am sure once it starts pumping, we will see coibase, binance and many more exchanges listing this GEM!
Don't put all of your eggs in one basket, in case it drops. Good Luck
Future Fuel is a green energy play with a super cheap valuationAs many you may have noticed or profited like I have on green energy play may it be solar companies or plays like Plug, Gevo, Fuel Cell, and Blink Charging. There are pure momentum and technical plays. However, if you look at those companies fundamentals, one begins to scratch your head and wonder if they have gone too far too fast.
So, another way to play this sector is to buy Future Fuel. Not only does it have the momentum of the green sector but the fundamentals are super cheap. The Peg ratio is under one at .68 and a P/E ratio of 7. It is only a 700 million market cap and already very profitable. So, just imagine under a green future and green presidency like we have with Biden. Plus, the rise of other green plays like Fuel Cell or Gevo that have limited revenues are going parabolic. Just wonder what the possibility is for his company now people have started to pile on. I feel a 30 dollar share price is just around the corner and much more. Even then, it still would be cheap. So, buy hand over fist. If you beg to differ then please take a look at the fundamentals, the website, and the chart. I bet you will 100% change your mind and become super bullish
My First Chart Analysis. Bullish GREEN Stock? Advice Welcome...Does this chart indicate a potential period of consolidation before strong bullish momentum?
This is my first attempt at "detailed" analysis of a chart form my last few weeks of learning. Please be mindful of this. 😬
From the notes on my chart my analysis is that there may be a period of consolidation that might give a buy point of SEDG around 311.
Notes include positive indications.
AVOP chart reversal play ahead of rumored news and financialsAVOP has been a great play in the past and I think it is time again for another go at it. Rumors of news and financials have put this back in play imo.