Any strategy that trades stocks needs some sort of market timing mechanism to identify bull and bear markets. Typically, stock strategies are fully invested during bull markets because risk is acceptable. Strategies move to cash during bear markets because risk is above average. Preserving capital during bear markets is important…
The recent decline last week revealed that the artificial intelligence bubble is deflating. Magnificent Seven stocks are unwinding in response to investors losing confidence in the AI trade in general. Carl gives us a complete picture of the Magnificent Seven in the short and intermediate terms. It doesn’t look very…
Safe Superintelligence (SSI), a startup co-founded by former OpenAI Chief Scientist Ilya Sutskever, has secured US$1 billion in seed funding to develop advanced artificial intelligence (AI) systems focused on safety. Reuters reported that the funding round, led by venture capital firms Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel,…
Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces August 2024 sales volumes and an operational update. August Sales Volumes August sales volumes averaged 1,919 boepd including natural gas sales of 11.0 MMcfpd, associated natural gas liquids sales from condensate of 79 bopd and oil sales of 9 bopd, based on field estimates.…
Fireweed Metals (TSXV:FWZ,OTCQX:FWEDF) announced an updated resource estimate for its Yukon-based Macmillan Pass (Macpass) project, making substantial additions to the asset’s zinc holdings. In a Wednesday (September 4) release, the company shared updated resource estimates for the project’s Tom and Jason deposits, as well as maiden resource estimates for the…
Metals Australia Ltd (ASX: MLS) (“the Company”) is pleased to announce that drilling has commenced testing the first of three key exploration projects in Australia1,8, which are highly prospective for gold and critical minerals. All three projects are located along strike from major mineral deposits in world-class mineral fields (see…
China has lodged a formal complaint with the World Trade Organization (WTO) in response to Canada’s recently announced tariffs on Chinese-made electric vehicles (EVs), as well as steel and aluminum. Bloomberg reported on Friday (September 6) that China’s commerce ministry has called for Canada to reverse its decision to impose…
As the energy transition continues to unfold, US electric vehicle (EV) pioneer Tesla (NASDAQ:TSLA) has been making moves to secure supply of the raw materials it needs to meet its production targets. Lithium in particular has been top of mind for CEO Elon Musk. Back in 2020, the battery metal…
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce the launch of a capital raising of up to A$25 million. The Company has received firm commitments for a Placement of approximately A$12 million (before costs) to institutional, sophisticated, professional investors and Chemphys at A$0.105 per share.…
Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud ‘glitch’ trend and referring them to law enforcement authorities. Last weekend, social media saw millions of users engaging with posts suggesting an error at the bank was causing ATM machines to give…