July 29th Watch-list

There are very few changes on this weeks watch-list but I have added a few names and dropped a few that look weak. Some of the overbought stocks are in correction mode, so depending on how one chooses to handle profit-taking, some trades might be stopped out for a profit, while others we may choose to ride out the correction. Either way, I am starting to look for entries back into some of the companies that I sold last week. With it being Fed rate decision week, I am expecting volatility and a possible flush in gold and silver, so being patient is important here. Here is the list:


Dropped:

Champion Iron - CIA (CHPRF)

Cenovus Energy – CVE (CVE)

Hut 8 Mining – HUT (None)

Nexgen Energy - NXE (NXE)

Jamieson Wellness - JWEL (None)


Added:

Bonterra Resources - BTR (BNEFF)

Goodfood Markets - FOOD (GDDFF)

Garibaldi Resources - GGI (GGIFF)


Holdovers:

Barkerville Gold – BGM (BGMZF)

Sprott Inc – SII (SPOXF)

Northern Dynasty – NDM (NDMWF)

Midas Gold – MAX (MDRPF)

Corvus Gold – KOR (CORVF)

Aben Resources – ABN (ABNAF)

Amerigo Resources – ARG (ARREF)

Burcon NutraScience – BU (None)

Chemtrade Logistic Income Fund – CHE.UN (CGIFF)

Cenovus Energy – CVE (CVE)

Great Panther Silver – GPR (GPL)

Parex Resources – PXT (PARXF)

Treasury Metals – TML (TSRMF)

Imperial Metals Corp - III (IPPMF)

Roxgold - ROXG (ROGFF)

Western Copper - WRN (WRN)

Ballard Power - BLDP (BLDP)

Goeasy - GSY (EHMEF)

Gran Colombia - GCM (TPRFF)

Ivanhoe Mines - IVN (IVPAF)

Largo Resources - LGO (LGORF)

Storage Vault Canada - SVI (SVAUF)

Viemed Healthcare - VMD (None)

White Gold - WGO (None)

Amex Exploration - AMX (AMXEF)

Standard Lithium - SLL (STLHF)

H2O Innovation - HEO (HEOFF)

Almaden Minerals - AMM (AAU)

Atlantic Power Corporation - ATP (AT)

Novo Resources - NVO (NSRPF)

Element Fleet Management - EFN (ELEEF)

Algonquin Power - AQN (AQN)

Argonaut Gold - AR (ARNGF)

B2Gold - BTO (BTG)

Dollorama - DOL (DLMAF)

Endeavour Mining - EDV (EDVVF)

Gold Mining - GOLD (GOLWF)

Guyana Goldfields - GUY - (GUYFF)

K92 Mining - KNT (KNTNF)

Neptune Tech and Bio - NEPT (NEPT)

Orla Mining - OLA (ORRLF)

Osisko Mining - OSK (OSKFF)

Sandstom Gold - SSL (SAND)

Shopify - SHOP (SHOP)

Americas Silver - USA (USAS)

Tudor Gold - TUD (TDRRF)

Pivot Technologies - PTG (POETF)

Silvercorp Metals - SVM (SVM)


Here are the charts for the new companies:


BTR is another resource company that has been strong lately. It is in correction mode and we are now waiting for a reversal.


GGI is another company that really launched but then was flushed pretty hard. We are also now waiting for a meaningful reversal to develop.


FOOD is a health food company that appears to be reversing higher today. I would put the stop under the previous low and then if it see's some follow through, I would raise the stop to around the 50 dma.


Good luck!



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