The SPX 500 and the TSX 300 indices seem to be trapped in boxes. The SPX is yet again testing its ceiling in the mid 2900’s. So too is the TSX as it struggles to blow through the mid 16,000’s. Both indices show an amazing commonality of divergences between the return to these Read More
Golden days
I’ve been golds whipping boy for a few years now. And for good reason—the metal had been stuck in a giant consolidation pattern that offered no reason to buy into the metal – beyond short termed trades as it girated up and down in that consolidation. In fact, the long termed chart below was posted Read More
Bearish signs?
Back in the late 1990’s, I wrote my final exam for my CMT designation. One of the questions on that exam had a chart of the DJIA with relevant volume, candlestick bars, etc. The exam asked for the student (me) to provide an analysis on the DJIA with some potential projections. It’s funny when I Read More
Contrarian trading ideas
ValueTrend introduced a new Equity Platform called “VTAGS”- ValueTrend Aggressive Growth Strategy. This strategy is a higher risk/ higher return model. We are buying stocks, sectors, commodities, currencies and even country indices off of a few different investment strategies. These include looking for capitulation bottoms and turnarounds, trading ranges and even buying fundamental deep-value opportunities Read More
Are plastic bottle makers going to be under pressure?
Something like 16 countries have signed on to banning single use plastics (bottles, bags, etc) – many of whom have an implementation date in the next 1-2 years. Canada is one of them. Despite the fact that Canada is not a major contributor to the plastic waste crises – I think it’s a good thing Read More
Crowded trades
“Markets are well-known for herding and that’s the story at the moment. Two big crowded trades are clearly government bonds and the US dollar. And history shows that when a herd gets too big, the risk of a stampede that splinters the throng only grows.” Larry MacDonald I’m a fan of Larry MacDonald’s work. Read More