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25 archived posts filed under materials.
Filed under China, Commodities, materials, Premium
The stock market’s secular and cyclical position discussed in Barron’s and by Josh Brown . S&P 500 Fair Value Update at Value Plays (Has the shift in income to capital from labor permanent? Or is it a function of the credit bubble?). 2008…
Filed under China, Commodities, Energy, Gold, Macro, materials, Premium
Don Coxe’s final Basic Points . Everyone should read this; I recommend printing it… With usual wit, Jim Grant survey’s the monetary environment and takes a good look at Google and General Motors too. Grant’s Pub For the more serious…
A subscriber asked about TCK. In short, TCK is my favorite vehicle for Western investors and speculators to play the industrialization of the China and emerging markets. Rather than compete against them, sell ’em what they need! Yet ISA…
Fed considers upping QE3 size and language at Marketwatch . Sounds like when operation sterilized twist expires at the end this year it will be replaced with an unsterilized increase in QE3 to infinity. ISA suggests the precious metal…
Filed under China, Commodities, materials, Premium
Filed under Coal, materials, Precious Metals, Premium
What to make of the latest round of Chinese data at FT Alphaville . “ September Chinese exports came in +9.9% Y/Y, while imports were +2.4% higher. However, the larger than expected increase in exports was due to shipments being made ahead…
Durable goods orders have slowed and second quarter GDP was revised to a pathetic 1.3% growth rate. Yet Two Reasons to expect Economic Growth to Increase ( Calculated Risk ) includes housing . “All the while, the market continues to grind…
Filed under Macro, materials, Precious Metals, Premium
ISA has always been negative the European economy. Our bearish emerging market posture is more recent, yet when China becomes serious about fiscal stimulus will we look to be heavily involved in the materials stocks. Until then, we’ll…
Filed under materials, Precious Metals, Premium, Silver
Today ISA looks extensively at potential timing in the materials space. Material stocks have been some of the biggest movers since China announced minor additional infrastructure investment last week Friday. In fact, the only stocks to…
Filed under China, Coal, Commodities, materials, Premium
Today’s stock rally includes strong precious metals with base metals being flat. Jim O’Neal coined the term BRIC and now says “The big commodity play on China is finished.” ( Bloomberg video ). The BRIC nations stock markets are minor…
Looks like Europe will be making headlines again “as meetings between Greece’s prime minister and euro-zone leaders this week loom.” WSJ But our interest is China centric: Are the forecasts for re-acceleration in Chinese growth accurate…
Filed under China, Commodities, Macro, materials, Premium
“We are, however, waiting to see the response of the governments in Asia regarding any type of stimulus to spur growth.” Nick Carter, NRP President on the metallurgical coal markets right in their earnings release .
Filed under China, Coal, Commodities, materials
Amid the European mess and weak emerging markets, the US has seen The Housing Recovery Strengthen at esoltas . Both Home Prices and Rents Rise at CNBC . Auto manufacturing and sales are a strong tailwind at the Detroit News . The good news…
Filed under China, Commodities, Housing, Macro, materials
“The number of Chinese online was already huge, and it’s soared over the past year by more than 50 million thanks to an upsurge in mobile Internet access.” CNET “…800 million to 1 billion new consumers around the world will enter the…
Filed under China, Commodities, Fed, Macro, materials, Technical Analysis
“The U.S. economy is downshifting, even as the housing sector is finally showing signs of life.” WSJ Optimism from the Economist . Housing supply is tight with with inventory is down 24.4% year over year ( Calculated Risk ). More color: Marketwatch .
Filed under China, Commodities, Macro, materials, Technical Analysis
China Economic Growth Slows to 7.6% at Iacono Research . On and on they rant about China’s over investment. “China’s capital stock per capita is still only about a tenth of the United States” at the New York Times . The commodity complex…
Filed under China, Commodities, Macro, materials
The Barron’s Falling Star piece (google the title to read the whole thing) generated excited commentary from mainstream bloggers including Josh Brown and FT Alphaville . We at ISA are goldbugs and regularly note crazy imbalances. Where you…
Filed under China, Coal, Commodities, Macro, materials
Filed under China, Commodities, Macro, materials
Filed under Gold, materials, Precious Metals
Independent Stock Analysis considers the industrialization of China a major investment theme. Materials and metals, of course, are how we play it: Dramatic copper demand growth expected from China, India, Brazil at Mineweb . Rising China…
Filed under Coal, Commodities, Company Specific, materials, Technical Analysis
The mining world can be divided into two distinct, but overlapping groups. The small gold mining industry is populated by goldbugs fearful of the credit bubble. The other side is the base metal and bulk commodity complex : Think copper…
Mine building delays and cost overruns plaque the industry, though Yamana has consistently got it done. Yamana bids $400-million for Extorre; plans 18% dividend boost at Globe and Mail . FNV holds the Taca Taca royalty. Perhaps TCK is…
Filed under Company Specific, materials, Precious Metals
Filed under China, Company Specific, materials
Western investors have been waiting patiently for China to stimulate so their stocks will go up again. Just be sure they follow through. Rather than compete against the Chinese, sell them what they need. Enjoy today’s industrialization of…
