Energy/Commodity Thread

[TWI]

I have also been riding the Uranium bull and feel it has a lot further to go, it is linked directly to the vast energy requirements of the tech sector as they enable their AI compute. Metals seem to be a popular theme in my portfolio in recent months as also been in copper and platinum which have similar fundamental drivers. There is going to be a whole lot of new energy infrastructure projects being implemented. Please keep posting.

 

[Nowler]

Yeah the uranium story is unbelievable! Even without the recent realization how much power AI is going to require (which is A LOT!) the uranium thesis is solid as a rock! The thesis is nice and simple... supply and demand.

My favourite Uranium holdings are $DYL, $BMN, $DNN and $DEV.
I have a few others too but I reckon these will do a great job in helping get out of this rat race.

Copper and silver too! And of course Tin and other battery metals.
It's a great time to be long commodities and there are going to be fantastic opportunities to rotate into running out to the end of this decade!

I've been holding $DEF.v for 15 months and it's basically just been sideways until late March.
Got in at .145 and today it hit .54 before falling back to .425

I'm only a small-time investor though. Not quite at 30k yet.
But considering how little money I had when I opened up my first stocks and shares account in 2020, I'm doing quite well relatively speaking.

 

[xatta]

FWIW the S&P energy sector busted out of a descending channel earlier this month. Should still have some legs for a while. It was a topic in a new newsletter of mine - See Through Charts.

 

[Nowler]

Hey bud,
To say the energy sector "should still have some legs for a while" is a massive understatement.

I am a fundamentals guy and only use charts for picking entries and exits (or trimming and adding to positions).
The fundamentals indicate Energy, and commodities in general, will likely run right out the the end of this decade.

Apart from the Uranium, Coal, Silver, and Offshore sectors, I also have my eye on Nickel and Lithium.

Nickel Sulphide looks interesting to me in the more near-term, but I'd like to see more blood in the streets of Lithium before I'd allocate capital there

 

[xatta]

On the subject of energy stocks, we figured First Solar ($FSLR) was going to sink below $200 and have trouble getting back above. A failed bull flag in the summer and then a failed cup pattern were stern warnings of things to come. And FSLR had been one of the better performing solar energy stocks in the U.S.