Take A 30% Gain on Cleveland-Cliffs

By Dan AmossPosted January 8, 2021

Infrastructure-related stimulus will likely arrive at some point in 2021, but the rallies in these sectors look very overextended. Our target price for CLF was $22 by the second half of 2021. It’s covered much of this ground in a matter of weeks. Since we might may be able to re-enter this position on favorable terms in the months ahead, let’s take gains today.

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Jim Rickards’ Strategic Intelligence

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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Lock in a 10% Return on EnerSys

By Dan AmossPosted November 11, 2019

Despite lackluster third quarter earnings reports, investors are piling into stocks. But such a bullish environment is unlikely to last. With a less than impressive quarterly report last week, one of our positions still ralled due to the broad stock market upward trend so let’s take gains now before a downturn.

Let’s Take 41% Profits On Kirkland As It Outperforms The Market

By Dan AmossPosted June 28, 2019

With gold’s recent rally, Kirkland continues to outperform the market with industry-leading operating costs and positive cash flow. Unless the Fed is as dovish as the market expects next month, a correction in gold is likely. So, let’s take 41% gains in this position.

Two More Positions To Sell In A Strong Market

By Dan AmossPosted January 11, 2021

Although we think AEM will perform well over the long term, we see better value in other large cap gold miners so let’s sell for gains today. Also, considering TEAF’s large discount to net asset value and its high distribution yield, we expected it to deliver a 30% total return over a year-long holding period. But, it has returned almost what we expected over an entire year in less than three months. So, let’s take a gain on this position today as well.

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Take A 30% Gain on Cleveland-Cliffs

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Jim Rickards’ Strategic Intelligence

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