Technical and Quantitative Market Readings

The prior published update was November 20, 2023. The Plus minus sign in the graphic above is the direction change from 11/20 to today.

Biggest gains in the market are made when one catches a money rotation from one asset class to another asset class. The biggest shift I see coming is a rotation into precious metals. In 2023, we have had a massive rally in crypto. GBTC* (above) has rallied from December 2, 2022 price of $8.98 to its current price of $31.02. Some of the smaller coins are up even more. Continue reading →

Vehicle: ProShares Short QQQ ETF

Price: $10.10

Purpose: Short-term trade in anticipation of a market correction or longer-term hedge

Dividend: This short position on the Nasdaq 100 (QQQ) pays a quarterly that presently is about 4% annually.

How can it pay a dividend? The ETF does not short the QQQ directly but rather through various duratives. The balance of the ETF, is in short-term Treasuries. The return on short term treasuries is high enough at this time to pay the current dividend.

History: Since the history of the Nasdaq 100 (QQQ) has been in a decade long uptrend, the long-term performance of the PSQ has been negative. This appears to be a vehicle to use on a shorter-term hedging basis when you believe Continue reading →

Karora (KRRGF*) Highlights November 21, 2023:

• At Beta Hunt:
  • Gold Measured and Indicated Mineral Resources increased by 18% to 1.6 million ounces
  • Measured and Indicated Mineral Resource grade at Western Flanks, Beta Hunt’s largest zone, increased by 12% from 2.6 g/t to 2.9 g/t (1.1 million ounces)
  • Gold Proven and Probable Mineral Reserve increased by 6% to 573,000 ounces
• Consolidated Gold Measured and Indicated Mineral Resource inventory increased by 9% to 3.2 million ounces net of mining depletion
• At Higginsville:
  • Maiden Probable Mineral Reserve produced for the Spargos deposit comprising 437,000 tonnes grading 4.6 g/t for 64,000 ounces
• The expanded Mineral Resource and Reserves further support extending mine life at Karora’s flagship Beta Hunt mine 

Continue reading →

Category –

I: Price trends of various asset classes.

II: 20 High Rated Business Development Companies (BDC)

III: Top 10 Quant Rated Dividend Payers of SA Universe

IV: Featured Focus! 25 Monthly Dividend Paying Equities – Dividend range from 26% to 7.5%

Grouped by five different sorting characteristics.

Below we share multiple ideas in Dividend income. There is no advantage in picking one or two names. You can minimize sector risk and company risk by owning many small positions when hunting dividend income. It is better risk management to have 20 names at $500 dollars each than two names with $5,000 in each Continue reading →

We are sharing the article linked below as an indication of the tight supply and increasing demand for Crypto. Continue reading →

Hottest sector – Without question – Crypto

Continue reading →

So Crypto is pretty hot right now, right? How about a stock involved in Crypto and Blockchain that ran up 38-fold during Bitcoin’s run from $10,000 to $60,000 – a six fold move.

This equity ran from a dollar, plus or minus to $38 in the same period. A thirty-eight-fold move.

They both fell in the Crypto Winter. Bitcoin dropped from high to low about 78%. This company dropped from high to low about 93%. The company is healthy and ready to move higher with Crypto Summer on the horizon.

Continue reading →

In the 1980s, the Federal government created a venture-like investment vehicle known as a “business development company”(BDC). Congress designed BDCs to help emerging U.S. businesses raise funds to fuel job growth. BDCs provide capital and supply financing to companies through a wide variety of mechanisms, including equity, debt and hybrid financial instruments. The majority of BDC income is generated by loans to client companies. Some loans are secured, and some loans have less secure backing. This is something to check and keep in mind if we are moving into a recessionary period.

BDC’s by legal definition must pay 90% of taxable income to it shareholders as a dividend.

Since this is a pass-through of income, 10K’s will likely be issued by the companies to shareholders for their tax returns. Consult your tax attorney for your specific situation’s application. Continue reading →