US housing starts rose more than expected in October, surging 25.5% from the revised September figure to a seasonally-adjusted rate of 1.32m. This marked a nine-year high and couldn’t have come at a better time “seasonally” for our forestry stocks. Forestry stocks tend to do well between the months of November to February as they run up into the spring home building season. Below is a chart highlighting the seasonal trend for the forest products industry via EquityClock.com: Both of these statistics bode well for one of my favorite companies, Norbord Inc. (TSX:OSB). There are only 3 or 4 major players in the oriented strandRead More →

At a time when the S&P 500 (NYSEARCA:SPY) made history by trading down nine days in a row, it has been tough for investors to find winning trades. With the bottom falling out of the market, the price of oil plummeting, and the US Presidential Election just around the corner, this should be a time where investors remain cautious while apply a conservative investment approach. With that being said, there have still been many opportunities. As I browsed through my technical scans, one such opportunity that appears on my radar was North American Energy Partners (NYSE:NOA) (TSX:NOA). As seen in the chart below, North American Energy PartnersRead More →

Despite a bear market in resources, and a record 9 day decline in the S&P 500 (NYSEARCA:SPY), Altius Minerals (OTCMKTS:ATUSF) (TSX:ALS) continues to be one of the few bright spots. Although the fact copper prices have rallied for the 10th consecutive days, the longest winning streak in 28 years, this doesn’t hurt the share price of Altius Minerals either. For those of you who don’t know, Altius Minerals is a diversified mining royalty company. Their agreements include a diversified basked of mining operations that produce copper, zinc, nickel, cobalt, gold, silver, potash, thermal and metallurgical coal. Collectively these royalties are anticipated to generate approximately $45Read More →