Peabody Energy is poised for a significant re-rating driven by transformative acquisitions, robust financial performance, and favorable market dynamics. With the stock trading at a substantial discount to peers and its historical multiples, investors have a rare opportunity to capture value in a sector undergoing strategic evolution.
1. Transformative Acquisition...
Several indicators suggest MP has finished its 3 year downward sprial and the stock is ready to reverse. The stock price has bounced off a multiple bottom, and crossed above 2020 high. While the stock is in the downward trend, it's trading closer to the lower end of the channel, providing further upside. Fundametally, need for rare earths is imminent. The company...
The NYSE:RACE stock closed the reverse head and shoulders move in early December and was drawn down to the support line, where it crossed the moving average (with some resistance from the sellers as it is seen on the graph that the downside trend has flattered after that cross). There's a support line hovering at $333 but before that 18% growth following the...
On Friday a significant round level of 5100 points on S&P 500 was tested. Buying should still be reasonably cautious due to the presence of triple divergence on the RSI indicator. Short-term consolidation is likely. The nearest support is around 5040 points, and a potential sentiment reversal point is located around 4950 points (recent low in the area of the...
Vale S .A. (VALE), one of the largest producers of iron ore, recently posted controversial financial results. On the one hand, the company was more than successful in executing its strategy, largely led by record iron ore prices (a 22% increase YoY in Q4 2023). Both revenue and EBITDA exceeded consensus estimates, however, EPS was a large miss.
Vale’s adjusted...
Last week, following the earnings release GOLD rebounced off multiple bottom support line and could spark up higher led by 1) strong guidance 2) high gold prices, and 3) divergence with the latter. For Q4 2023, Barrick has demonstrated organic growth in gold reserves for the third year in a row. The Company increased its gold mineral reserves by 5 million ounces...
Gas prices seem to have predicted volatility better than other assets in the past half year. Could the trend persist? Both VIX and NG1 are poised to grow on a separate action. The winter is coming which means surging demand for electricity. A seasonal increase up to $3 seems attainable. VIX could gain if the reversal of the uptrend in the market will occur, which...
