Investment Analysis | Wealth Management | Portfolio Management - Limit Your Risk. Keep Your Money.
Robert Shiller (Nobel Laureate, economist, academic) is one of those Brainiac people who makes me feel like I’m a dummy when it comes to the economy, the markets, and money. But then I listen to Trudeau’s latest blathering about those topics – and then I feel smart again. So it all evens out. Anyone who’s Read More
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Below is the chart of the TSX with its recent move through the downtrend. Technically, I like a minimum of 3 days—and even better, 3 weeks for a breakout from a consolidation (bottoming pattern) or a downtrend. Further, I like to see the last high AND the last low taken out to prove that breakout Read More
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The NASDAQ has put in a new high on declining momentum. Oscillators like the short termed Stochastics indicator – and more importantly the 14-week RSI and the longer termed MACD indicator show us that enthusiasm is waning on the NAZ. Volume is lower over the summer, but that’s not unusual. On the positive side are Read More
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For those who follow this blog regularly, you may know that I follow two macro-market timing models. One of these models is less of a “timing” model than a “risk vs. reward” model. It’s called the Bear-o-meter. It looks at big-picture factors like breadth, seasonality (Thackray and Vialoux’s work), long termed trends, and sentiment. It Read More
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Above is a chart of gold that I’ve kept on my screens for a while. The triangle breakout that I noted to wait for on this blog occurred in August. It’s now hit its first level of resistance that I had noted on that blog via the dashed green line. As mentioned on that Read More
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Here is a chart of the loonie that I’ve been tracking for some time. You will notice the big trend has been down since 2011. It looks to have been broken. However, there is massive resistance at just under $0.84. I noted this in a blog quite some time ago and suggested a target of Read More
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Seasonals are a good backdrop for discovering sectors that may be in favor. The seasonal patterns give you a great starting point – but you also have to look at the technical profile and fundamentals before deciding to act on a seasonal pattern. For this reason, I’ve always endorsed purchasing Brook Thackray’s seasonal guides every Read More
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One of my favorite Eddy Murphy movies was Trading Places. It’s a great story starring Dan Ackroyd as a successful currency trader, Jamie Lee Curtis as a prostitute, and Eddy Murphy as a street beggar. Dan Ackroyd and Eddy Murphy, through no fault of their own, end up “trading places” with their lifestyles – with Read More
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The TSX300 hit and slightly over-reached my target (set back in 2015) of 15,600. Please see the chart below. It actually got pretty close to 16,000 before reversing into what I must say was a fairly predictable decline from those levels. The TSX remains in a neartermed downtrend and sits near 15,100 as I write Read More
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“Lies, damned lies, and statistics” Mark Twain The SPIVA report provides updated statistics on how active managers are faring against the broad liquid market indices. It’s a good site to look at to bring to check how many managers outperform their index in virtually every developed market. In fact, the report can be Read More
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