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Errawarra Resources Ltd (ASX: ERW) (Errawarra or the Company) is delighted to announce that it has entered binding agreements (refer Acquisition Terms) pursuant to which the Company has acquired 70% of the historical Elizabeth Hill Silver Project (“Project” or “Elizabeth Hill”), 70% of the silver rights to the Pinderi Hills Project tenement package and 70% of the ownership of 3 tenements or tenement applications surrounding the silver project. This collective tenement package totalling 180km2 is in the Tier 1 mining jurisdiction of the Pilbara, Western Australia (Figure 2 – Project Location).

HIGHLIGHTS:

  • Transformational acquisition of the high-grade Elizabeth Hill Silver Project in the West Pilbara mining region of Western Australia
  • Acquisition agreed in conjunction with a $3 million placement to existing shareholders and new investors including major fund investors
  • Historical production of 1.2Moz Ag from 16kt ore (~2,194 g/t Ag head grade)1 over only 1 year of operation
  • Elizabeth Hill mining operations ceased in 2000 due to declining silver prices (~USD $5/oz)2
  • Requisite geology and structure present, with the Project located on a major ultramafic complex with multiple high grade silver drill intercepts including3:
    • 11.7 m @ 5,371 g/t Ag from 13m (21EHDD003)
    • 24 m @ 1,228 g/t Ag from 64m (AMEHRC009)
    • 43 m @ 370 g/t Ag from 0m (22AMC001); and
    • 24.8m @ 915 g/t Ag from 2m (21EHDD001)
  • Errawarra becomes the first explorer to consolidate the Elizabeth Hill Mine and the surrounding land package of 180km2, which covers additional highly prospective underexplored areas for silver mineralisation
  • Experienced precious metals geologist Mr. Robert Mosig has joined the board to assist in fast-tracking forward development and exploration activities at Elizabeth Hill
  • Highly respected ERM Consultants led by Mr Ian Stockton have already commenced analysis of the Elizabeth Hill geological setting including comparisons with analogous projects globally to assist in target generation
  • Project located on a granted mining lease (ML) and all the required exploration/drilling approvals are in place to fast track immediate drilling post site visit and target prioritisation

The Elizabeth Hill Project acquisition is conditional upon meeting the condition precedent and obtaining the relevant approvals, amongst others, Errawarra entering into separate joint venture agreements with Alien Metals Limited (Alien) (AIM: UFO) and GreenTech Metals Limited (GreenTech).

This transformational acquisition ensures that the Company is now underpinned by a high-grade historical producing silver asset, with significant resource growth potential and future low-cost operational opportunities in a Tier 1 global mining jurisdiction.

Chairman Thomas Reddicliffe commented:

“This is an exceptional opportunity for our shareholders, and we are fortunate to have secured an interest in the Elizabeth Hill Silver Project and extensions. This will enhance our existing exploration projects in the same region of Western Australia with the addition of an interest in a high-grade past producing silver asset with growth potential not previously tested.”

“The combination of existing high-grade silver intercepts signify growth potential and compelling exploration prospectivity at both near mine and regional targets. With Elizabeth Hill being located on an approved mining lease, this presents an opportunity for the Company to fast-track drilling and, if successful, mining supported by a buoyant silver market driven by strong investor demand and global issues.”

“We look forward to immediately getting work underway with regular news in the near future”.

Click here for the full ASX Release

This post appeared first on investingnews.com

Kaiser Reef Limited (‘Kaiser’ or ‘the Company’) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Catalyst Metals Limited (ASX:CYL) (“Catalyst”) to acquire the Henty Gold Mine and associated Tasmanian exploration tenements (“Henty Gold Mine” or “Henty”).

KEY HIGHLIGHTS

  • Proven production asset with a cumulative production history of 1.4Moz at 8.9g/t Au1 and a track record of replacing mined ounces. Gold produced in the December Quarter totalled 6,594oz, produced at an AISC of A$2,631/oz2
  • JORC compliant Mineral Resource of 4.1Mt @ 3.4g/t Au for 449kozs of contained gold and Ore Reserve of 1.2Mt @ 4.0g/t Au for 154kozs
  • Highly attractive acquisition metric of less than A$1,200 per production ounce4 based on total upfront consideration of A$31.6 million, comprising A$15.0 million cash and 118.6 million shares issued to Catalyst, equivalent to a 19.99% shareholding
  • Acquisition immediately transforms Kaiser into a +30kozpa5, multi-asset gold producer with a clear pathway to grow to a 50kozpa production target
  • Kaiser and Catalyst agree an option to form a strategic partnership in the Victorian Goldfields around the Maldon gold processing plant, including an option to expand the processing plant, supporting both Kaiser’s and Catalyst’s Victorian ambitions
  • A further A$10 million of funding secured with Auramet International Inc, consisting of a A$8 million senior secured gold loan and a A$2 million unsecured gold prepayment facility ensuring a strong working capital position

TRANSACTION SUMMARY

Kaiser Reef Ltd (ASX:KAU) (“Kaiser” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Catalyst Metals Limited (ASX:CYL) (“Catalyst”) pursuant to which Kaiser will acquire the Henty Gold Mine and associated Tasmanian exploration tenements (“Henty Gold Mine” or “Henty”) for:

  • A$15.0 million upfront consideration;
  • A$16.6 million in shares issued to Catalyst (Catalyst to emerge as a 19.99% shareholder);
  • deferred payments of 50 ounces per month to Catalyst, capped at 3,000 ounces and commencing 6 months from Completion (“Deferred Consideration”);
  • 0.5% NSR royalty on gold produced from the Darwin Target Zone area;
  • Kaiser to reimburse Catalyst A$3.9 million in Environmental Bond Payments to Mineral Resources Tasmania in 12 monthly instalments; and
  • an option agreement through which Catalyst may enter into a joint venture with Kaiser in relation to the Maldon processing plant.

together the (“Transaction”).

STRATEGIC RATIONALE

  • Established production platform: The Henty Gold Mine is an established gold production platform, with historical production of 1.4Moz @ 8.9g/t. Since acquiring Henty in 2021, Catalyst has made significant operational improvements and investments at Henty, including drill platforms, drilling, tailings, underground fleet and people.
  • 5-year mine plan: Work to date has culminated in establishing a robust 5-year mine plan underpinned by a current Ore Reserves of 1.2Mt @ 4.0g/t for 154koz. There is significant scope to extent mine life based on the current Mineral Resource of 4.1Mt @ 3.4g/t Au for 449koz along with the considerable opportunities for near-mine exploration and development success.
  • Significant infrastructure: There is significant infrastructure in place at the Henty Gold Mine including a 300ktpa CIL processing plant, surface & underground workshops, administration complex, access to hydro generated grid power and refreshed tailings storage capacity.
  • Implement and build on operational capacity: Key Kaiser executives have significant experience in the optimisation of similar assets to Henty achieved through a combination of operational improvement and targeted exploration investment. The support from Catalyst as a 19.99% strategic shareholder, along with the addition of the Henty site operating team, a stable & skilled local workforce of +150 employees, will further strengthen the Kaiser team.
  • Flagship asset: With the Henty Gold Mine as its flagship asset, the Kaiser team will provide dedicated focus to continue the significant work completed by Catalyst and further drive operational improvements at Henty.

Kaiser’s Managing Director, Jonathan Downes said:

“We are excited to significantly expand Kaiser’s production base, exploration opportunities and enter into a strategic partnership with Catalyst in Victoria. We look forward to welcoming the Henty team into Kaiser and growing the business together.

“Catalyst has done a great job building a profitable operation at Henty over the last 4 years, with clear production and mine life visibility, plus some great exploration targets. Kaiser will continue to re-invest into Henty and build on what Catalyst has already achieved. We are very pleased to have Catalyst’s continued involvement and exposure to the upside at Henty, both as Kaiser’s major shareholder and through their board representation.

“The option for Kaiser and Catalyst to enter into a 50/50 JV partnership at the Maldon processing plant gives both parties a clear pathway that supports their Victorian ambitions. A Joint Venture can unlock the benefits that would come with plant expansion and increased operational scale, and we look forward to working with Catalyst as JV partners if they execute the option.

“I’m also pleased that Brad Valiukas will be taking a full-time role with Kaiser as Director – Operations. Brad has a wealth of experience in underground mining and helping to grow companies such as Mincor Resources, to their peak period operating 8 mines, and Northern Star, bedding in assets from Newmont, Barrick and Sumitomo. Brad has been instrumental in the changes we have made over the last few months at A1, accelerating the capital development to get below historic workings and setting A1 up to deliver going forward.

“The addition of Henty to our portfolio, alongside A1 in Victoria, positions Kaiser as a >30,000oz old producer and targeting 50,000 ounces of gold production per annum in the short term. Each of the gold projects provides expansion and exploration opportunities and collectively positions Kaiser for a market re-rating in line with our peers. The value metrics of Kaiser are compelling with three gold mines (one on care and maintenance) and two gold processing plants – all held with an enterprise value of A$67 million.”

Click here for the full ASX Release

This post appeared first on investingnews.com

HITIQ Limited (ASX: HIQ) (HITIQ or the Company) announces a strategic shift to focus on the consumer market, targeting amateur and community-level athletes of all ages across a variety of sports with its new HITIQ PROTEQT system. This shift to the consumer market is a natural strategic step for the Company, running in parallel with its established work in professional sports, taking its world-leading impact detection technology where it can have the greatest impact—in the amateur sporting community, and positioning HITIQ to tap into a vast, accessible market, steering the Company toward a sustainable, cash flow positive future. This direction is reinforced by a significant milestone: a three-year partnership with the Victorian Amateur Football Association (VAFA), naming HITIQ as the VAFA’s ‘Official Concussion Technology Partner.’

  • HITIQ is shifting its strategic focus to the consumer market, targeting amateur and community-level athletes.
  • This strategic shift to the consumer market complements ongoing efforts in professional sports.
  • A three-year partnership with the VAFA marks a key launchpad, driving HITIQ toward a cash flow positive future.

The consumer market, encompassing millions of amateur players globally, offers a substantial opportunity driven by increasing concussion awareness and demand for cost-effective safety solutions. Research shows community-level athletes and parents prioritize wellbeing, creating strong incentives for adopting HITIQ’s technology, which includes real-time impact detection, symptom assessment, and telehealth support. As part of this shift, HITIQ PROTEQT will be made available to VAFA clubs, monitoring head impacts in real time, flagging potential concussion risks, and guiding players through symptom assessments with telehealth access to emergency physicians and concussion specialists when needed. Players diagnosed with concussion by their preferred medical professional will follow club medical staff guidance and AFL community concussion protocols for return-to-play. Leveraging its extensive elite sports foundation, HITIQ will keep advancing its technology at this level to strengthen offerings for the community market.

HITIQ PROTEQT integrates proven elite-level technology—previously validated by partners like Monash University and Virginia Tech—into an accessible, boil-and-bite smart mouthguard. Priced for broad uptake and paired with a subscription model, HITIQ PROTEQT offers head impact monitoring, concussion management, and return-to-play guidance, and will be available to consumers this season. The VAFA partnership builds on HITIQ’s prior success with the Nexus iMG in this league, providing a proven foundation to drive adoption among amateur players and families.

Earl Eddings, Executive Chairman of HITIQ, said:

“This shift positions HITIQ where the real demand is – grassroots sport. We’ve built a scalable, consumer- focused product that meets a clear need, backed by world-class technology and partnerships. This is about delivering safety to millions while driving sustainable growth for shareholders. Partnering with the VAFA is a critical step toward bringing HITIQ PROTEQT to life. With the VAFA as our launchpad, we’re gearing up to deliver our cutting-edge technology to community sport, starting with their teams and expanding nationwide.”

VAFA CEO Jason Reddick said:

“Player safety is a primary priority for the VAFA, and concussion is one of the most serious health issues in the game. So partnering with HITIQ, who are leading the way in impact detection technology that can assist with early flagging of potential concussions, is another step forward. We’re happy to help bring this next-level tool to our VAFA community and encourage our clubs to learn more about HITIQ PROTEQT. Any tool that can help players and club medical staff quickly identify a potential concussion and begin assessment and treatment earlier is worthy of consideration.”

Stuart McDonald, Senior Research Fellow of Monash University’s Department of Neuroscience, said: ‘Research with HITIQ’s instrumented mouthguards, including our studies in the VAFA, has shown they reliably detect and quantify the forces exerted on the head during collisions. Based on our experience, players have found their previous mouthguards very comfortable, and they also show promise in identifying impacts that may carry a higher concussion risk. While these devices do not diagnose concussion, they could be used to highlight significant impacts that might otherwise have been missed, encouraging appropriate symptom monitoring and medical evaluation.’

The Company’s growth strategy includes scaling manufacturing and expanding into key markets starting with Australia. With board renewal, we have brought in sport and consumer expertise, and a refreshed leadership team with global sports tech experience will support this shift, alongside plans to build a leading concussion dataset for stakeholders. With the VAFA partnership as a springboard, this strategic shift sets HITIQ on a clear course for profitability.

Earl Eddings will be presenting the attached slides this week for a non-deal Asia roadshow.

Click here for the full ASX Release

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Friday (March 21) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$83,955.92, a 0.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$83,238.78 and a high of US$84,411.85.

A new analysis by trading resource Material Indicators on March 20 (Thursday) identified a classic manipulatory device known as spoofing by one or more whales as a reason why Bitcoin failed to sustain or rally past US$87,500 yesterday. Crypto markets are seeing decreased speculative trading, indicated by a lower Bitcoin hot supply. Analysts predict bearish trends could continue, with Bitcoin possibly dropping to $60,000.

Bitcoin performance, March 21, 2025.

Chart via TradingView.

Ethereum (ETH) is priced at US$1,973.30, trading flat over the same period. The cryptocurrency reached an intraday low of US$1,938.90 and a high of US$1,976.41.

Crypto analytics platform Santiment observed the lowest supply of Ether on crypto exchanges since November 2015, which suggests that investors are moving their ETH into cold storage wallets for long-term holding. This could lead to a supply shock, resulting in a potential price surge.

Altcoin price update

  • Solana (SOL) is currently valued at US$128.15, up 0.2 percent over the past 24 hours. SOL experienced a low of US$125.34 and a high of US$129.04 on Friday.
    • Sui (SUI) is priced at US$2.27, showing a 4.6 percent decrease over the past 24 hours. It achieved a daily low of US$2.24 and a high of US$2.29.
    • Cardano (ADA) is trading at US$0.7105, reflecting a 1.1 percent decrease over the past 24 hours. Its lowest price on Friday was US$0.7017, with a high of US$0.7167.

    Crypto news to know

    Australia exploring digital asset integration

    The Australian government is developing a regulatory framework for digital assets, focusing on digital asset platforms (DAPs) and payment stablecoins. According to a white paper released by the Treasury office, the reforms aim to balance innovation with consumer protection, aligning with international best practices.

    Key elements include extending existing financial services laws to DAPs, treating payment stablecoins as stored-value facilities and reviewing the enhanced regulatory sandbox. Under the framework, the government plans to explore the potential of digital asset technology, while addressing de-banking issues and considering future initiatives such as the Crypto Asset Reporting Framework, central bank digital currencies, tokenization and decentralized finance.

    The paper details a pilot program that centers around exploring the practical applications of tokenization in financial markets, particularly in the wholesale sector. The program will be executed in collaboration with the Digital Finance Cooperative Research Center, the Treasury, ASIC and the Australian Prudential Regulation Authority.

    These developments come ahead of a federal election slated for May 17 or earlier.

    Coinbase in talks to acquire Deribit

    Coinbase is reportedly in advanced discussions to acquire leading cryptocurrency derivatives platform Deribit, according to a Bloomberg report released on Friday afternoon.

    According to sources cited by the news outlet, the move aims to bolster Coinbase’s presence in the institutional crypto trading space by integrating Deribit’s established options and futures offerings.

    The acquisition would allow Coinbase to diversify its revenue streams and cater to sophisticated traders seeking complex financial instruments, potentially solidifying its position as a comprehensive crypto exchange in a rapidly evolving market.

    The companies have not commented on the potential deal, but have reportedly notified regulators in Dubai where Deribit holds a license.

    Canary Capital files to list Pengu ETF

    Canary Capital has filed US regulatory documents to list an exchange-traded fund (ETF) that would hold Pengu (PENGU), the governance token of the Pudgy Penguins non-fungible token (NFT) project.

    This move follows an earlier proposal by the investment firm to offer the first Sui ETF on Monday (March 17).

    The proposed Pengu ETF aims to hold spot PENGU and Pudgy Penguins NFTs, potentially becoming the first US ETF to hold NFTs if approved. The filing also reveals plans for the ETF to hold other digital assets, such as SOL and ETH, for transactions related to the PENGU and Pudgy Penguins NFTs.

    As of March 21, PENGU had a market cap of approximately US$395 million, according to CoinGecko.

    Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

    Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    The Zweig Breadth Thrust is best known for its bullish reversal signals, which capture a material increase in upside participation. There is, however, more to the indicator because traders can also use the “setup” period to identify oversold conditions. This report will explain the original Zweig Breadth Thrust and show how these signals work.

    Note that our breadth models turned bearish in mid March and the major index ETFs triggered long-term downtrend signals. I am now watching for something that would prove this stance otherwise, such as a Zweig Breadth Thrust. A set up is in the making using S&P 500 data, but this has yet to translate into a signal. We will follow this setup closely in the coming days. Click here for a trial and full access to our reports and videos.

    A Sharp Increase in Advancing Stocks 

    The Zweig Breadth Thrust (ZBT) indicator uses NYSE advance-decline data to identify major shifts in the percentage of advancing stocks (breadth). The first step is to calculate the percentage of advancing stocks (advances divided by advances plus declines). Second, apply a 10-day EMA. Thus, the indicator is the 10-day EMA of Advances/(Advances + Declines). This formula comes from Greg Morris’ book, the Encyclopedia of Breadth Indicators.

    A value of .40 means the 10-day EMA is just 40%, which shows an extremely low percentage of advancing stocks. A value of .615 means the 10-day EMA is 61.5%, which shows an exceptionally large percentage of advancing stocks. For reference, the chart below shows NYSE Advances and Declines in the middle window and the ZBT indicator in the lower window.

    From Setup to Signal

    The Zweig Breadth Thrust triggers when the indicator moves from an extremely low level to an exceptionally high level in a short period. Such moves show a major turnaround in participation (advancing stocks). A setup occurs when the indicator dips below .40 (40%), and the Zweig Breadth Thrust signals when the indicator surges above .615 (61.5%) within 10 days.

    The chart above shows the ZBT indicator (!BINYBT) in the top window, the digital signal in the middle window (!BINYBTD) and the NY Composite in the lower window. The blue shadings show the indicator surging from below .40 to above .615 within a 10 day window (April and November 2023). The pink shadings show two signals that missed the 10 day cutoff.

    This indicator can also identify short-term oversold conditions with a move below .40 (40%). The gray vertical lines show instances when this indicator became oversold (March, August, September and October 2023, April and December 2024). Short-term oversold conditions reflect an extreme pullback that can lead to a bounce.

    Solid Rationale, but Something Missing

    There is a solid rationale behind the Zweig Breadth Thrust, but something is missing. Those “somethings” are Nasdaq stocks. I suspect Zweig used NYSE breadth because he developed it when the big board (NYSE) dominated trading (80s). The Nasdaq is now a major exchange so a modern breadth indicator should include Nasdaq stocks. I would suggest using S&P 500 or S&P 1500 stocks. Nasdaq stocks account for around 30% of the S&P 500, which is the most important benchmark and where institutions are active. Nasdaq stocks account for around 33% of the S&P 1500, a broad index that covers large-caps, mid-caps and small-caps.

    The NYSE ZBT Indicator did not move below .40 in mid March, but versions using the S&P 1500 and S&P 1500 did on March 13th. This means two things. First, the S&P 500 and S&P 1500 became oversold and ripe for a bounce. Second, a possible Zweig Breadth Thrust is setting up with March 27th as the cut off date.

    The full version of this report is reversed for subscribers. We show how to set up the ZBT indicator using S&P 500 and S&P 1500 breadth, review past signals and analyze the current situation. This report includes custom SharpCharts with links and a video for deeper understanding. Click here to subscribe and gain immediate access. 

    ///////////////////////////////////////////

    We wrote about the American Association of Individual Investors (AAII) poll results a few weeks ago. Since then, the bearish activity on the chart has broken a record for the poll. Going back to the poll’s inception in 1987, we have never seen four weeks in a row of bearish readings above 55%. We are now at bearish extremes for this indicator.

    Remember that sentiment, which this poll measures, is contrarian. This means that when market participants are extraordinarily bearish, it is a bullish indication. The opposite also applies; extraordinarily bullish readings are bearish for the market.

    Clearly, you can see that, even after and during the bear market in 2022, we never saw a cluster of readings this high. This has put the bull/bear ratio at a very low reading. Typically speaking, this would result in an upside reversal.

    One thing we would say is that sometimes poll takers are RIGHT! So while we do see extremely bearish readings, we wouldn’t bet the house that this isn’t a bear market. At DecisionPoint.com we have been monitoring our indicators and participation and we are considering that we are in the throes of a bear market rally and that it isn’t likely to stick around. However, charts like this do have us wondering if the correction is all we’ll get.

    Conclusion: Sentiment is extremely bearish on AAII and typically this will lead to a sustained rally. However, we have to understand that sometimes the respondents are correct and we’ll see more downside after all.


    The DP Alert: Your First Stop to a Great Trade!

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    Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

    DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


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    Seeing that the earnings slate is light, this week we focus on certain stocks to watch during uncertain times.

    If you are jittery and risk-averse, we have two safer (boring) stocks, plus one tech stock that has shown great relative strength compared to its peers. Let’s do a deep dive into all three.

    American International Group (AIG)

    Insurance stocks have done quite well in the current volatile environment. As inflation fears mount, it’s ironic that an inflationary sector is a good one to buy in the current cycle.

    We can go with a basket of insurance stocks by adding the iShares U.S. Insurance ETF (IAK), which is up 7.3% YTD, but, for this article, let’s focus on one of its leaders, AIG.

    Fundamentally, results have been solid and bolstered by a strong buyback program. AIG pays a dividend of 1.9%. Analysts, according to Bloomberg data, have the equivalent of 12 buys, 8 holds, and 0 sells with an average price target at current levels of $85.

    FIGURE 1. WEEKLY CHART OF AIG. The stock is one of strongest within its sector and is likely to be more stable.

    Technically, let’s keep it simple. Looking at multiple time frames, we are seeing breakouts. There are great risk/reward set-ups based on these patterns. It’s one of the strongest within the sector and looks attractive above $80. 

    Shares won’t run up like a tech stock, but, in tougher and unpredictable times, look for more stable and slow growth with solid returns; thus, one of the best within the insurance sector.

    John Deere (DE)

    Another stock with great relative strength within the Industrial sector is DE. It’s up 11.3% year-to-date and outperforming both the Industrials Select Sector SPDR ETF (XLI) (up 0.2% year-to-date) and the S&P 500 (-4%).

    Fundamentally, John Deere’s guidance was not solid. Tariff concerns were mentioned, but — and this is a BIG BUT — CEO John May noted in the call that “75% of all products that we sell in the U.S. are assembled here in the U.S.” This fits well with the narrative coming out of Washington.

    FIGURE 2. WEEKLY CHART OF DE. After breaking out of a two-year base, it looks like a great setup.

    Technically, we see another great set-up. Shares experienced a major break-out of a two-year base on a weekly timeframe. The daily chart, while a tad more choppy, looks solid as well. The risk/reward set-up is also favorable to the bulls.

    Again, kinda boring, but pullbacks have been bought. An upside target of $540 over the next year is very plausible given the base it broke out of on the weekly. Use a near-term stop on a pullback just under the $440 level, depending on your risk tolerance.

    Broadcom (AVGO)

    Broadcom (AVGO) is anything but boring. It’s the third biggest weight in the VanEck Vectors Semiconductor ETF (SMH), fourth in the Technology Select Sector SPDR ETF (XLK) and eighth in S&P 500. It’s one of the biggest stocks in a sector that has been struggling. And yet, when you look at it technically, it’s a top name with great relative strength.

    Fundamentally, AVGO had a great quarterly result. AI chip revenue was up 220% y-o-y to $12.2 billion. The $69 billion acquisition of VMWare (end of 2023) is starting to pay dividends, as it helped expand its software business now that it has a full year under its belt. Like most semiconductor stocks, it hasn’t recovered since the DeepSeek news.

    FIGURE 3. DAILY CHART OF BROADCOM STOCK. AVGO has retraced to its 200-day simple moving average and looks like a good risk/reward setup.

    Yet technically, shares have retraced back to the rising 200-day simple moving average (SMA) and held. That level also coincides with the gap from which it broke above. Thus, the former major resistance area now becomes support. This gives investors a good risk/reward set-up, using the recent lows just below $177 as a near-term stop.

    We can also see a bullish crossover in the Moving Average Convergence/Divergence (MACD), which signaled a buy signal last week. Between solid support holding, good technical relative strength, and a MACD buy signal, shares could run back to $215. That target would reach its declining 50-day moving average. If we see momentum come back into the sector, this should lead the rally.


    Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

    If one word could characterize this week’s stock market price action, it would be “sideways.” At least it’s better than trending lower.

    The stock market seemed comfortable with the Federal Reserve’s message on Wednesday, but lost that upside momentum and wasn’t able to follow through on the upside move until the last 30 minutes of Friday’s trading.

    The Dow ($INDU), S&P 500 ($SPX), and Nasdaq Composite ($COMPQ) managed to eke out gains, ending the week on a slightly optimistic note.

    On the bright side, the Cboe Volatility Index ($VIX) pulled back from its March 10 level. Even quadruple witching Friday—when contracts for stock index futures, stock index options, stock options, and single-stock futures all expire—didn’t see volatility spike too high. That said, the VIX is still elevated, relatively speaking, so we’re not exactly in complacent territory.

    Quarterly earnings reports from Nike, Inc. (NKE), FedEx Corp. (FDX), and Micron Technology, Inc. (MU) didn’t help. The most troubling of the three is FDX. FedEx’s performance indicates the overall health of the U.S. economy. Tariffs, declining consumer confidence, and uncertainty about economic growth could be headwinds, for FedEx and other companies.

    The weekly chart of FDX below shows the stock is trading below its 150-week exponential moving average (EMA) with its 40-week EMA trending lower. FDX has been underperforming the Industrials Select Sector SPDR (XLI) since early September 2024.

    FIGURE 1. WEEKLY CHART OF FEDEX STOCK. FDX is trading below its 150-week EMA and underperforming the Industrial sector. Chart source: StockCharts.com. For educational purposes.

    Be sure to save this chart to your ChartLists. It acts like a monitor to check the U.S. economy’s pulse.

    Precious Metals Shine

    But it’s not all negative. Gold and silver prices have trended higher with gold hitting an all-time high this week. The daily six-month chart of gold futures ($GOLD) below shows that gold prices are trading above $3,000 per ounce.

    FIGURE 2. DAILY CHART OF GOLD FUTURES. Gold prices have rallied most of the year and could keep rising if investors invest in safe-haven assets such as gold. Chart source: StockCharts.com. For educational purposes.

    In addition to trading above its 50- and 200-day SMAs, gold is outperforming the S&P 500. A rise in gold prices indicates risk-off sentiment, and, if investors continue to sell off stocks, gold prices could rise further. This is another valuable chart to monitor when uncertainty reigns.

    Next week is heavy on macro data, so this back-and-forth movement could continue. Fasten your seatbelts.


    End-of-Week Wrap-Up

    • S&P 500 up 0.51% on the week, at 5667.56, Dow Jones Industrial Average up 1.2% on the week at 41,985.35; Nasdaq Composite up 0.17% on the week at 17,784.05.
    • $VIX down 11.39% on the week, closing at 19.28.
    • Best performing sector for the week: Energy
    • Worst performing sector for the week: Utilities
    • Top 5 Large Cap SCTR stocks: Elbit Systems, Ltd. (ESLT); XPeng, Inc. (XPEV); Palantir Technologies, Inc. (PLTR); Applovin Corp. (APP); Rocket Lab USA, Inc. (RKLB)

    On the Radar Next Week

    • March S&P Global PMI
    • February PCE
    • Q4 GDP Growth Rate (final)
    • Fed speeches from Bostic, Barr, Kugler, and others

    Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

    Almonty Industries (TSX:AII,ASX:AII,OTCQX:ALMTF) has entered into a strategic partnership agreement with government relations and business development firm American Defense International (ADI).

    Toronto-based Almonty is currently strengthening its positioning within the critical metals sector, aiming to support the US government and the American defense and technology industries.

    On February 27, Almonty announced that its shareholders had approved its proposed continuance from Canada to Delaware, US, signifying the start of its redomiciling to the US.

    Speaking about the company’s new partnership with ADI, President and CEO Lewis Black explained that it will help position Almonty as a supplier of tungsten and molybdenum for the US.

    “As we move to finalize our redomiciling to the United States, ADI’s expertise and relationships, forged through working with industry-leaders such as SpaceX, will position us to strengthen relationships with key stakeholders in a rapidly evolving global landscape,’ he said in a Tuesday (March 18) press release.

    Last month, Almonty signed a molybdenum offtake deal with SpaceX Korean contractor SeAH M&S, wherein SeAH will purchase 100 percent of the material produced from Almonty’s Sangdong molybdenum project in Korea.

    Through the partnership with ADI, Almonty hopes to enhance its engagement in the US market by reinforcing its alignment and support of government policies and industry priorities.

    The US domestication is still subject to court and other regulatory approvals.

    Almonty currently holds tungsten projects in Portugal, Spain and Korea. While it does not have projects in the US, the country is becoming more important in the company’s strategic positioning.

    Black said in Tuesday’s release that it expects redomiciling to enhance the company’s competitiveness in light of geopolitical tensions and policies and the recent shift to domestic sourcing of critical minerals.

    The company’s move to redomicile also comes amid heightened tariff concerns.

    US President Donald Trump has imposed widespread tariffs, including an additional 10 percent tariff on Chinese imports; China has responded with export controls on US goods, including tungsten.

    Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

    This post appeared first on investingnews.com

    At NVIDIA’s (NASDAQ:NVDA) GTC 2025, CEO Jensen Huang delivered on his promise to detail the company’s latest advancements in artificial intelligence (AI) and hardware.

    Key announcements included the Blackwell Ultra AI chip, the next-generation Vera Rubin platform and a glimpse into future product roadmaps.

    The keynote emphasized the “tipping point of accelerated computing,” marked by a shift from retrieval to generative AI and driven by a combination of agentic and physical AI.

    NVIDIA’s AI-powered future

    Huang’s speech, delivered without a script, highlighted NVIDIA’s focus on the transformative power of AI, particularly in robotics and generative computing, while also touching on NVIDIA’s advancements in quantum computing with CUDA-Q, a platform for hybrid quantum-classical computing.

    For self-driving cars, he showed how NVIDIA’s technology is used to train and simulate autonomous vehicles, explaining how the company will provide the complete system from the data center to the car itself.

    Speaking of data centers, Huang addressed the critical role they will play in supporting the next stage of AI advancements. The company is focusing on optimizing data centers to handle the massive computational demands of AI, particularly for AI inference.

    This involves a balance between speed and accuracy in token generation, crucial for cost-effectiveness. To support these needs, NVIDIA will deploy powerful configurations of its Blackwell GPUs. Each rack—an enclosure designed to hold multiple electronic equipment modules—is equipped with 8 Blackwell GPUs. This dense configuration will allow for a high concentration of processing power within a compact footprint in modern data centers.

    NVIDIA also introduced the Dynamo operating system, designed to manage and optimize large-scale AI infrastructure like data centers and “AI factories”, which are designed to produce AI models and capabilities at scale with intensive computation, data processing and model training. Huang mentioned NVIDIA’s collaboration with Perplexity, one of his “favorite, favorite partners”, on this project, but didn’t provide specific details.

    The Omniverse and Cosmos software, which together will create simulated environments for training robots on synthetic data, is intended to leverage the Dynamo operating system for efficient deployment and execution within these AI factories.

    The unveiling of NVIDIA Groot N1 – a dual-system architecture for humanoid robots – and its open-sourcing, were significant highlights. Groot N1 allows robots to perform complex tasks, like handling objects and following multi-step instructions, addressing anticipated labor shortages by 2030.

    In terms of graphics, Huang demonstrated improvements in real-time ray tracing, a technique for creating more realistic images. He also hinted at future GeForce graphics cards, suggesting that they will be smaller, use less power and perform better than current models.

    Blackwell and Vera Rubin: NVIDIA’s next-generation hardware platforms

    Hardware advancements were also central, with updates on the production of the Blackwell system highly anticipated. Huang stated that the Blackwell system is now in full production with architectural improvements, including increased transistor density and optimized data pathways for AI workloads to deliver 1 exaflop of FP4 performance, a 25x increase over the previous Hopper architecture.

    NVIDIA also unveiled Blackwell Ultra, a higher-performance variant of the Blackwell GPU designed for demanding AI workloads, slated for release in H2 2025. Later, Huang detailed the Vera Rubin platform, NVIDIA’s next-generation platform that will succeed Blackwell in H2 2026. The Vera Rubin platform features the Rubin GPU, which will utilize HBM4 memory, and the Vera CPU. An enhanced version of the Rubin GPU, Rubin Ultra, utilizing HBM4e memory, is also planned for 2027.

    Forging strategic partnerships for future technologies

    Partnerships were another key theme, with announcements including:

      • A partnership with the telecom industry to develop “AI-native” wireless network hardware for upcoming 6G networks.
      • Collaborations with DeepMind and Disney Research on the Newton physics engine, aimed at improving AI training through real-time simulation.

      How did NVIDIA’s share price perform?

      NVIDIA’s share price has fluctuated following a record-shattering run in 2024 that saw the company briefly surpass Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:APPL) as the world’s most valuable on more than one occasion.

      NVIDIA’s record high of US$149.43, recorded on January 6, has been in decline since due to macroeconomic factors combined with speculation that the company could be past its peak. Its customers have turned to competitors like Broadcom (NASDAQ:AVGO) or are working to develop chips of their own. The company also faced setbacks rolling out its Blackwell product line and is challenged by export restrictions to China, a large customer base.

      Despite this, NVIDIA reported strong financial results for the fourth quarter of 2025, exceeding analyst expectations with significant revenue growth driven by high demand for its AI solutions. Following those results and Huang’s optimistic remarks about the demand for the Blackwell architecture, NVIDIA’s share price saw a 3.67 percent increase.

      However, NVIDIA’s share price dropped over 3 percent in early trading on Tuesday, hours before Huang was set to take the stage, following a report from The Information on Amazon’s lowered cost of its AI chips.

      As the keynote progressed, NVIDIA’s share price saw a slight uptick but declined by 3.35 percent to close at US$115.43, followed by an additional decrease in after-hours trading.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com