Monday Market Open

Dear Reader,

Welcome back to Monday Market Open. I hope you had a banger weekend and are ready for another big week of gains.

Below is a little box of Alpha with your name on it, take this info and run with it.

Cheers,

Market Indices & Commodities

(as of Sunday Night, because we had to schedule this one, next one will be Monday’s open)

News
The Recap

In case you missed it, forgot, overslept, drank too much, were traveling, or whatever the case may be…

• Biden may ban TikTok if it passes congress📝

• Sweden joins Nato after years of being neutral 📰

• FDA advances LSD research for anxiety treatment 🍄

• Abercrombie and Fitch earnings killed it (+267%)💰

Graph of the Day
World Travelers

News
This week

Below is what may get the market moving this week, you should know:

• Monday - Oracle, Uranium Energy Corp, SilverCrest Metals, and Endeavour Silver company earnings. 

• Tuesday - Archer Daniels Midland, Kohls, Wesdome Gold Mines, and On Holdings company earnings and CPI Report⚡ (inflation for consumers).

• Wednesday - Lennar Corp, Dollar Tree, UmmunityBio, and Cannabist company earnings.

• Thursday - Adobe, Dollar General, and Wheaton Precious Metals company earnings as well as jobless claims and PPI report ⚡ (inflation for manufacturers).

• Friday - Jabil and Embraer company earnings.

Not the most exciting week (unless you are an econ major). Keep an eye on Gold prices this week…

Cool Company
KoBold Metals “mini-dive”

Ladies and Gents,

Today I wanted to test out a new segment where I do a little “mini dive” on companies that I think are changing the future, doing something unique, or aren’t being talked about enough. Some of these companies you can invest in, some, you unfortunately may have to wait for an IPO. Either way, today I wanted to look at an interesting company - KoBold Metals.

KoBold Metals is quite simply a data company (isn’t everyone a data company these days?). Their niche is precious metal exploration and data aggregation. They essentially pinpoint a location 🎯where precious metals (Nickel, Copper, Lithium, etc.) are likely located and then buy land claims.

The company doesn’t extract these minerals, they instead form a joint venture with a mining company who then extracts these minerals and pays Kobold - smart.

The company is backed by Bill Gates, Jeff Bezos, Apollo, BHP, and others with a valuation estimated somewhere between $700m - $1.2B as of Feb, 2022.

One example of their business model working is in Zambia, where the company targeted a deposit, purchased a claims, completed drill samples, and now estimate mining production of 500k - 600k tonnes of Copper - big sauce for sure.

Anyways, all that to say I love this business model and am excited to watch this company continue to find target rich areas.

I certainly will continue to watch this company and feed the important stuff to you readers.

Thank you  
That’s all Folks

Hey, thank you for checking out Monday Market Open. I hope you enjoyed it, learned something new, and are feeling primed for the week. Keep learning.

Cheers,