Technically Speaking

Natural Gas Looks Attractive

If I were going to tell you to ‘play in traffic,’ you would probably say no. That makes sense, so when natural gas returns to an attractive level, I will understand if you don’t follow my lead.

Rough Week For Gas

It happens. Long-term, natural gas, especially liquified, is heading much higher. In the recent past, I posted about several stocks that will participate in that frenzy. There has been no change there, but in the short term, the charts suggest that a near-term bottom has been reached. Technically speaking, the $3.25 level is important, especially entering summer, but three consecutive down days say the worst is over. It’s your call, but know this is the ‘widow maker.’

Any of you around when the Denver Stock Exchange was the topic of interest during the gold run of the late 1970s? Trump likes rare earth stocks. I do too, in a different manner. Stay tuned, I’m researching the industry now, and my approach is promising.

Drake is not on my favorite list, but “what’s next” makes sense. I’m usually early, but more often right. Rare earth is next. As Ralph Cramden would say, ‘it’s the big one’. Well before Trump jumped on board, I’ve had an interest. No way the U.S.A. was on the back burner here versus China. It’s an interesting industry and one that, attention-wise, is about to take off. Keep watching and listening. I’m dead on with this one.