Far East Capital Newsletter
Resources Market is Continuing to Improve
17 May 2025

In This Issue


Resources Market is Continuing to Improve

Trump seemed well behaved last week and the Dow Jones reacted accordingly, continuing to recover from Liberation Day. The various wars and conflicts around the world continued and the easing back of the rhetoric around tariffs provided for more benign markets. The gold price softened a little at the end of the week but the uptrend is not in jeopardy. Sentiment amongst the stocks under chart coverage continued to improve.
Traditionally we say "sell in May and go away" and it usually quietens off a little as we approach the end of the tax year. That may be so again this year, but with the knowledge that there is no great reason to sell. If anything, there may be reasons to buy.

There are more quick notes on several companies; Adavale (ADV), Cazaly (CAZ), Golden Mile (G88), New World (NWC) and Verity ((VRL). 

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