PaulDeep19131

PaulDeep19131

At current time, both Silver and Gold are in mid-cycle consolidations (not corrections) and it is highly improbable that the current key levels/values (~1550 for Gold and around 17.65-17.75 for Silver) fails to hold. Any deviation from these values will be bought and the price will bounce towards these ranges as we gear up for the next leg higher. This has been...

PaulDeep19131 Updated 

Despite some headwinds that we are facing with the US and Iran, this will be short-term noise for a healthy 5% or so pullback (not necessarily all in consecutive days), but mostly in January before we turn the tide. In the longer-term this will have little impact to the sentiment of the market, but instead, will allow defense stocks, energy stocks (including oil)...

PaulDeep19131

As I always tell people, watch the seniors and you will have a premonition on the upcoming movement of Gold. Many leveraged funds and senior stocks are currently forming an elongated cup, and just coming off a handle in many cases. Expect a rest for Gold slightly, as we move our way to 1580, and in about a months time (around March) Gold should be near...

PaulDeep19131

For those that follow my ideas, there is no question we are in the last leg of the equity bubble before an extended bear market. The catch 101 however is, any pullback that occurs will be bought until the SPX hits a minimum of 4000. I see an equity bear market commencing anytime from late 2021 to sometime in early 2022 for several years (impossible to know when...

PaulDeep19131

PTM now seems like a promising investment for one of the first times in a long-time. With Palladium soaring into parabolic levels and Platinum on the up-and-up, the Waterberg project, that PTM is focused on advancing, is slowly moving forward. This serves as a long-term investment as the company doesn't expect production to commence until roughly 2024, however,...

PaulDeep19131

I will refrain from repeating what I said somewhat recently regarding my last idea, but this will simply be a quick update (idea attached below for reading). The overall trend remains the same with a sharp fallen and descending wedge from January 8th. This pattern represents one of the most bullish trends in the entire stock market - no matter what the stock or...

PaulDeep19131

I ended up being one of the most bullish investors with respect to Palladium for 2020 but even I was a little wrong! Many people called Palladium tanking in 2020 with 2000.00 being the absolute peak. Nope! My forecast was 2500 but I have revised the outlook, and here's why. While most Palladium mines are in South Africa (which I already knew in my previous...

PaulDeep19131

It finally appears the sentiment for pot stocks has changed, especially with some adequate news for some stocks, and actually some revenue surprises for other stocks. It appears for many stocks it is now 'safe' to put small lots in, however, one must enter slowly as the short interest on pot stocks will remain absolutely immense for at-least 4-6...

PaulDeep19131

IIPR is one of my top stocks for the Cannabis sector. Excellent growth, excellent potential and plenty of upside. This will likely have one of the top CAGRs over the next half decade for dividend stocks. As expected with Cannabis, there is still a HUGE amount of short interest in the entire sector so investors must be aware that what can go up 5-10% in a day can...

PaulDeep19131

Corvel is an insurance broker that focuses on managed care that continues to post good EPS, ROE, Income, Revenue and Diluted EPS. Technically speaking the fallen triangle has already happened and that will send the stock soaring into record highs sooner than later. In the market, you want to always check for fallen descending triangles which in-turn form...

PaulDeep19131

Gold finally broke out of its long consolidation not too long ago into a new leg. This new leg was pushed ahead by US-Iran conflict which has mostly abated (for now, supposedly), however, many other micro/macro economic factors remain permeated into the market that will continue to push precious metals indefinitely higher from 2020 and beyond, such as: 1)...

PaulDeep19131

As I expected, Canadian Energy is off to a fairly nice start in 2020, led by Suncor (SU) and Canadian Natural Res. (CNQ). While CNQ started gaining momentum in late 2019, SU has finally caught up. Don't forget about smaller stocks like Tourmaline (TOU) - however, expect volatility in a big way when trading 'cheaper' energy stocks, but the overall trend is up....

PaulDeep19131 Updated 

About a week ago I told those to be careful shorting this market as a result of pure technicals, micro/macro-economics and simply, logic. I was also one of the few who said the US-Iran would be short-term noise for a pullback and nothing more - this turned out to be correct. One must protect yourself from shorts via precious metals in a money-printing environment...

PaulDeep19131

For those who have been following my ideas, you know I am bullish on top energy and oil companies. Diamondback energy has a $135 target by top Wall St. firms and analysts and while that doesn't mean anything, thats a hint that big money will flow in - and surely it has. Technically speaking, it has formed a clear rising channel from a several year head and...

PaulDeep19131

Contrary to what people try to say, Netflix as a business, is doing adequate enough for their stock to continue to rise. Their subscription base remains in-tact and I have put a 400 price tag on the stock by year-end. Based on how much liquidity there is out there, I cannot rule-out a 450 price tag, however I am not forecasting it for 2020. Technically speaking,...

PaulDeep19131

Despite everyone predicting some epic crash in 2020 just because of short-term US-Iran noise, the reality is, while nothing is for certain in the markets, an early Q1 2020 short was as close to inevitable as the word inevitable can define. In reality, there will be continuous solid gains over the broad markets and many markets around the world (especially China)...

PaulDeep19131

The recent rising wedge we saw since the bottom in around September has broken down and will continue to break-down as we move through mid 2020. In the shorter-term, yields will fall faster than people think. In my opinion, US data has certainly not "bottomed" yet and will continue to weaken enough to provide further rate cuts in 2020 despite what the Fed 'wants'....

PaulDeep19131

I won't go into lengthy detail about why energy/oil will be a winner since I have done so on numerous ideas already, however, I wanted to kindly make this idea to give people who may be unaware, of what etfs they should be looking at for 2020. HEU follows top Canadian Energy players like Suncor and Canadian Natural Resources with some smaller ones on a 2x...