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Monday, May 31, 2010

THE PAINTED PIGS MONDAY MORNING MUNCHERS

THE PIGS BEEN A LITTLE UNDER THE WEATHER THIS PAST WEEK. SWINE FLU YOU SAY ? WELL MAYBE, BUT THE PIGS COMING OUT OF IT, HE DOES NOT FEEL LIKE HES JUST BEEN HIT BY A TRUCK ANYMORE.  

THE PIG SEES THAT THE GULF MESS IS STILL A MESS AND GETTING TO BE A BIGGER MESS. A BRUTAL SHAME. THE PIG RECEIVED A HEADS UP FROM A READER ON A STOCK .......GNO.V WHO HAS SOME TYPE OF OIL/WATER REMEDIATION TECHNOLOGY THAT WOULD BE WELL SUITED FOR THE GULF CLEANUP. MORE READERS SENT THERE CONCERNS IN REGARDING THE PIGS ABSENCE (THANK YOU FOR THOSE) AND FEW OF MY AMERICAN READERS SENT TIPS IN FROM THE US MARKETS INCLUDING SOME OTC STOCKS. THANKS FOR ALL THE TIPS AND WELL WISHES.

THE PIG WILL LOOK INTO THESE. INCIDENTALLY ONE OF INTEREST WAS A PINK SHEETS LISTING (YIKES) ..SWRS. I WILL LEAVE IT UP TO YOU TO DECIDE WHAT YOU THINK.

WELL ITS GREAT TO BE BACK.......SO..........

ON WITH HE SHOW....





















































SEK.V...A PREVIOUS PIG PICK FROM APRIL 30. THE SCANNER PICKED UP A SIGNIFICANT MOMENTUM CHANGE AND HERE WE ARE. IT APPEARS THE ACCUMULATION PHASE IS COMPLETE AND THEY ARE READY TO RUN WITH IT. THE PIG FIGURES A MOVE IS IMMINENT. THE SCANNER TELLS HIM SO...
















































FYI.V...SECOND BIG SCANNER AND COINCIDENTALLY....... MOMENTUM REVERSAL OF THE WEEKEND...THE PIGS NOT SURE OF THE STORY BUT REALLY IS SURE OF THE DRAMATIC REVERSAL READINGS...WILL IT CONTINUE ? LIQUIDITY SAYS YES...SCANNERS SAYS A TREND HAS REVERSED AND GOING NORTH.
































































AMK.V...GETTIN THE PICTURE HERE ? SEEMS TO BE A THEME OF REVERSALS FOR THIS WEEK COMING. ANOTHER HIGH SCANNER AND LARGE SENTIMENT REVERSAL...PATIENCE IS GOOD...SAYS THE PIG....LIQUIDITY AGAIN, IF IT KEEPS UP IT GO'S UP..... 




Canadian commodities up 31.4 per cent in April


Canadian commodities posted solid growth in April, climbing 4.2 per cent over March, according to the Scotiabank Commodity Price Index, which measures price trends in 32 of Canada's major exports.
Commodity prices were up 31.4 per cent over the cyclical low of April 2009, the report said, led by metals and minerals, which jumped 10.3 per cent on the strength of base and precious metals.
All of the index's sub-components were ahead in April except for oil and gas, which were pulled down by lower export prices for natural gas.
"While commodity prices surged in early April, this strength may have represented the high-water mark for 2010, though not for the business cycle, with investors fleeing risk in May," said Patricia Mohr, vice-president economics and commodity market specialist at Scotiabank.
A rally in prices for building materials and pulp and paper is helping the forest products index to recover, the report says, while gains in canola prices helped boost the agricultural index by 0.2 per cent.
The report notes that despite fears China's economy would slow down, bringing commodity prices down with it, "China's steel output, more dependent upon business and capital spending and infrastructure development (ports, railways, oil storage facilities) actually rose to a record high in April."



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30 Years of experience in the markets, including some time as a broker.