Zak Mir

Kennedy Ventures (KENV): Saucer recovery towards 8p

Kennedy Ventures (KENV): Saucer recovery towards 8p

1 mins. to read

Given that Kennedy Ventures (LON:KENV) is a company focused on the resources space, and that since President Elect Trump came on the scene early this month things have been under something of a cloud, it is all the more pleasing that the stock has held up. This is particularly the case given the way that…

Gold: The struggle for support risks another $100 drop

Gold: The struggle for support risks another $100 drop

1 mins. to read

Given that 2016 was the year of the great mining sector revival, the worst case scenario would be that the latest fall in precious metals brings that revival to an end. Ahead of the US Presidential Election it appeared that we had a good indicator of the result – better than the pollsters in fact!…

Majestic Wines: Strong bullish RSI divergence hints of recovery

Majestic Wines: Strong bullish RSI divergence hints of recovery

1 mins. to read

With Majestic Wines (LON:MJW) we have yet another of those big name High Street retail sector conundrums to chew on, both from a fundamental and a technical perspective. I have to admit that I was actually somewhat disappointed in the wake of hearing the latest update from discount alcohol seller Majestic Wines, where my initial…

Prudential: Strong gap/flag combination targets 1,900p

Prudential: Strong gap/flag combination targets 1,900p

1 mins. to read

I have to admit that Prudential (LON:PRU) does not tend to be the most exciting of companies on the stock market. But as many experienced investors will be aware, it is usually the “boring” companies which are the ones to back. One of the highlights of the stock market since the election of Donald Trump…

Jersey Oil & Gas: Current rally could stretch to 150p

Jersey Oil & Gas: Current rally could stretch to 150p

1 mins. to read

It is of course the case that the smaller explorers are fraught with dangers, thrills and spills. But that is what makes a play like Jersey Oil & Gas (LON:JDG) all the more compelling. There is a sense of irony for fans of small oilers with relation to Jersey Oil & Gas in that the…

Zanaga Iron Ore: ‘Golden Cross’ buy signal approaching

Zanaga Iron Ore: ‘Golden Cross’ buy signal approaching

1 mins. to read

The past week has seen a major reshuffling of the pack in the wake of the Trump victory. But with the alleged $1trn boost to the US economy, especially on the infrastructure front, companies like Zanaga Iron Ore (LON:ZIOC) should come in from the cold. I have to admit that a certain Monday morning feeling…

Gold: A sell on a Trump win? Really?

Gold: A sell on a Trump win? Really?

1 mins. to read

It would appear that as President Elect Donald Trump did not press the nuclear button / start World War III on Tuesday November 9 2016, gold is something of a sell… Apparently one of the best ways to make money is to have a view, and to stick to it. Unfortunately, this also seems to…

Ascent Resources: Extended base could stretch towards 2p

Ascent Resources: Extended base could stretch towards 2p

1 mins. to read

I have to say that despite being a fan of Ascent Resources (LON:AST), it felt as if the company was a little too rough a ride. However, for the bulls at least it may be that things are finally entering calmer waters. Ascent Resources has not been a stock for widows or orphans. Indeed, at…

Central Asia Metals (CAML): Small-cap copper play of choice?

Central Asia Metals (CAML): Small-cap copper play of choice?

1 mins. to read

Rather like the stock market analogy of profits warnings coming in threes, there is the situation where one capitulates on a stock or market just before the great turnaround arrives. This may ring true with copper – and hence miners in this area. The price of copper and the share price of Central Asia Metals…

Patagonia Gold: Technical target points towards 5p

Patagonia Gold: Technical target points towards 5p

1 mins. to read

We have seen an interesting divergence between the initial strength of gold in the wake of the Trump victory, and the mark-up maintained by many of the leading gold proxies like Patagonia Gold (LON:PGD). It would appear that there has been an embarrassment of riches in terms of the recent news flow served up by…