The long term fundamental background in the next few years for Uranium remains very good. With the world in energy crisis and in need of a green energy, Uranium offers an alternative source. One way to capitalize on this opportunity is with the Uranium Miners ETF (URA). The ETF invests on the Uranium itself as well […]

ArcelorMittal S.A., (MT) together with its subsidiaries, operates as integrated steel & mining companies in Europe, North & South America, Asia & Africa. Its principal steel products include semi-finished flat products, including slabs, finished flat products comprising plates, coils & sheets, bars, wire-rods, structural sections, rails, pipes & tubes. It is based in Luxembourg, comes […]

Good day Traders and Investors. In today’s article, we will look at the past performance of the Weekly Elliottwave chart of Gold Miners ETF ($GDX). The decline from 08.03.2020 high marked the end of the cycle from Jan 2016 lows. The ETF traded lower in 3 swings and bounced at red w on 09.27.2021. The […]

Nel ASA is a Norwegian heavy electrical equipment company. It provides solutions for production, storage and distribution of hydrogen from renewable energy sources. Founded in 1927 and headquartered in Oslo, Norway, it can be traded under the ticker $NEL at Oslo Stock Exchange. Nel is a part of OBX25 index. In the initial article from May […]

FTSE shows impulsive structure from 10.13.2022 low looking for more upside. This article and video look at the Elliott Wave path.

Worldwide coal consumption in 2021 rebounded by 5.8 % to 7 947 million tonnes (Mt), according to research by IEA.org. While the economy recovered from the pandemic, the higher natural gas price shifted the consumers towards coal-fired power generation. As a result, global coal consumption rose above 2019 levels. Coal use for power generation increased […]