I’m in there buying. Do your DD.
Your correct SILVER is taking a pounding. If you are long time trader, you simply wait for the next train to take you north. Or go fishing with you buddies and a Cell Phone.
- Orla Mining Ltd. (NYSE:ORLA) …
- Avino Silver & Gold Mines Ltd. (NYSE:ASM) … sub $1.00 stock.
- Silvercorp Metals Inc. (NYSE:SVM) …
- SilverCrest Metals Inc. (NYSE:SILV) …
- Endeavour Silver Corp. (NYSE:EXK)
7 best copper stocks for 2023:
BHP Group Ltd. (BHP)
Rio Tinto PLC (RIO)
Freeport-McMoRan Inc. (FCX)
Southern Copper Corp. (SCCO)
Teck Resources Ltd. (TECK)
Hudbay Minerals Inc. (HBM)
Global X Copper Miners ETF (COPX)is taking a pounding lately
I prefer Copper eg. EV’s and charging stations. Something to ponder.
For the last 5 years my Attorney was a HODler and then taught him how to be a kewl Swing Trader. He couldn’t believe how easy Simon Sez III was with the power of compounding at each successful trade. FCX alone pays the rent.
Yeah, the PMs are taking a beating. But I was bottom-fishing. Also bought nat gas and some emerging markets. Went short real estate. In all, added 30 positions. (Some write ups after mkt close.) Had to reverse two fat finger trades.
Just made 40K with EVGO today. I think the GM cars are linked with the EVGO charging stations. Only made 3K with CHPT today. CHPT is the most popular.
There is going to be a new kid on the block of many.
If I were to get on the bandwagon of EV chargers I would name my company “The Hitching Post”. I came up with this name about 20 years ago when I was designing computers for the manufacture who was building the charging machines electrical component boards.
I like cowboy movies on TV and the riders would park their horses to the Hitching post with plenty of water and the rider drinks Sarsaparilla.
My first chip I designed was for the Wurlitzer Jukebox over 40 years ago. Got to play with the Jukebox in the labs.
Took two (2) iterations because of design changes.
ORLA [Ridiculously high PE. Murky growth forecasts]
ASM sub $1.00 stock (Decent fundamentals, but tough to get into).
SVM [I’ve trade it before. Healthy company.]
SILV [Another I’ve traded.]
EXK [Another I’ve traded.]
To your list of silver stocks above, add these: AG, BVN, FSM, GATO, HL, MAG, PAAS, VZLA, most of which I’ve traded. MAG has the best combo of ‘health’ and ‘growth’, though PAAS isn’t too shabby, either.
Another play on silver is SLVO, which writes covered calls. Pays a monthly div, with a CY of 14.5%, and I have a big --for me-- position in it.