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Bears are Losing Control Over Americas Gold and Silver (USAS), Here's Why It's a 'Buy' Now
ZACKS· 2026-02-04 15:56
Core Viewpoint - Americas Gold and Silver Corporation (USAS) has experienced a downtrend, losing 19.2% over the past week, but a hammer chart pattern suggests a potential trend reversal due to increased buying interest [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottom in the stock price, suggesting that selling pressure may be exhausting and that bulls are gaining control [2][5]. - A hammer pattern forms when there is a small difference between opening and closing prices, with a long lower wick, indicating a reversal during a downtrend [4][5]. - The effectiveness of the hammer pattern is enhanced when used alongside other bullish indicators, as its strength depends on its placement on the chart [6]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for USAS, with a 20.3% increase in the consensus EPS estimate for the current year over the last 30 days, indicating analysts expect better earnings than previously predicted [7][8]. - The company holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9][10]. - The Zacks Rank serves as a timing indicator, suggesting that the company's prospects are beginning to improve, further supporting the potential for a trend reversal [10].
Jim Cramer Warns 'Don't Be Fooled' Because Speculators In Gold, Quantum And Nuclear Energy Aren't Going Down 'Without A Fight'
Yahoo Finance· 2025-10-23 00:31
Core Viewpoint - Former hedge fund manager Jim Cramer warns investors to sell into the "snapback" momentum in speculative markets, particularly in quantum computing, data centers, nuclear energy, and precious metals [2][3]. Speculative Market Trends - Cramer highlights that speculators in quantum computing, data centers, and nuclear energy will resist declines, indicating a potential for a recovery or "snapback" in these sectors [2]. - Investors are advised to be cautious of rallies that may not be supported by fundamentals and to consider selling during these moments [2]. Performance of Specific Stocks - Significant declines were noted in speculative stocks, with quantum computing stocks like Rigetti Computing Inc. down 7.64%, Quantum Computing Inc. down 7.41%, and D-Wave Quantum Inc. down 6.42% [4]. - Nuclear energy company Oklo Inc. experienced a drop of 12.33%, while data center stocks IREN Ltd. and CoreWeave Inc. fell by 6.80% and 1.57%, respectively [4]. Precious Metals Decline - Gold and silver saw their largest single-day drops in years, with gold decreasing by 5.2% and silver by 6.7% [3]. Market Indices Overview - Despite the declines in speculative stocks, major indices remained relatively flat, with the S&P 500 up 0.003%, Nasdaq Composite down 0.16%, and Dow Jones Industrial Average up 0.47% [5].