Michael Oliver shares his views on tech stocks, gold miners, Bitcoin
Jay Taylor Media, Released on 2/15/23
FANG stocks are a group of the largest tech stocks namely Meta, Amazon, Netflix & Google. BANG stocks are comprised of large gold mining stocks, namely Barrick, Agnico Eagle and Newmont. The FANG stocks have collectively seen free cash flow decline by 80% over the last five years while their collective market caps have declined by only 35%. By contrast, free cash flow has doubled during that time for the BANG stocks but their collective market cap has hardly moved. Michael Oliver will share his views for both of those sectors from his technical perspective and also comment on Bitcoin and other market sectors. Patrick Highsmith, the President & CEO of Timberline Resources, will talk of the exploration success the company had in 2022 and about their 2023 plans for both the company's gold and silver exploration prospects.
J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in New York City's Battery Park. He studied under David Johnston, head of Hutton's Commodity Division and Chairman of the COMEX. In the 1980s Mike began to develop his own momentum-based method of technical analysis. He learned early on that orthodox price chart technical analysis left many unanswered questions and too often deceived those who trusted in price chart breakouts, support/resistance, and so forth. In 1987 Mike technically anticipated and caught the Crash. It was then that he decided to develop his structural momentum tools into a full analytic methodology. In 1992 the Financial VP and head of Wachovia Bank's Trust Department asked Mike to provide soft dollar research to Wachovia. Within a year, Mike shifted from brokerage to full-time technical research. His website is Olivermsa.com. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Michael Oliver shares his views on tech stocks, gold miners, Bitcoin added by Herman James on 02/14/2023View all posts by Herman James ?+'