S&P 500 Energy Sector Up 8 Days in a Row

Source: Seeking Alpha, Bespoke Investment Group (1/7/09)

"When the sector has been up 8 days in a row. . .it has actually gone up on the 9th day 70% of the time."

Monday we highlighted that the S&P 500 Energy sector was on a 7-day winning streak, and that the odds for an up or down day on day 8 were about 50/50. When the sector has been up 8 days in a row, however, it has actually gone up on the 9th day 70% of the time for an average change of 0.22%.

Historically, the sector has typically done better on the day following an 8-day winning streak than the day following a 7-day winning streak.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."