Market Talk
The markets may meander awhile. In the meantime, what is the next "pop" stock? The commodity of GOLD has been sustaining higher values since the breakout of the $2k battle line. Now over $2300 it looks on way to $2500 as a next rest stop on the way to $3k. The reasons seem apparent as the BRICS build gold reserves along with central banks to have substance in a world of global fiat currency dilutions.
Stock Talk
With the above tone of global inflation affecting future value of people's reserves, a stock has potential to grow value.
Kinross Gold (KGC)
Kinross' (KGC) Earnings and Sales Surpass Estimates in Q1
https://finance.yahoo.com/news/kinross-kgc-earnings-sales-surpass-161100268.html
"Over the last four quarters, the company has surpassed consensus EPS estimates four times."
Jones Note: With Gold trending higher, now over $2300 the trend is pointing to higher gold, possibly towards $2500 in the near. KGC seems on path for higher share levels and it pays a divy while we wait.
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Another " miner" reports earnings tomorrow. The crypto bitcoin miner, MARA, is on deck for results tomorrow.
Stay tuned for more on Stocks to Watch .
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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