I try to be as rule based as I can within a stock trading environment. Readers who have followed this blog consistently will know that we at ValueTrend held 22% cash over the summer based on some of those rules (Bear-o-meter readings, seasonality). We’ve also been following some buy-in rules in an attempt to sensibly Read More
Materials, Energy & Gold cage match!
Ultimate fighting and wrestling fans might have heard of something called a “cagematch”. This is where 2 or more fighters get in the ring surrounded by a cage. Last man/woman standing wins. Picture a cage match between a group of very worn out and weakened fighters. The Canadian resources sector has been an underperforming Read More
My buy signal
I’ve noted in my blogs over the past two weeks that I’ve received positive indications from my Bear-o-meter for a lower risk stock environment– with the only remaining signal needed as a move by the S&P 500 (SPX) over its 200 day (40 week) SMA. If you’d like to see a video with greater details Read More
Blood in the streets
During the Panic of 1871 in Paris, when everyone was selling, Baron Rothschild was buying. When asked about his buying decision, Rothschild apparently replied that “The time to buy is when there’s blood running in the streets.” As noted in my “Smell of Fear” blog, there are some quantitative factors that we can watch for Read More
Bear-o-meter is not scary
Happy Halloween—scary markets and all! What a difference a month makes. On my last Bear-o-meter reading, taken October 3rd, we got a decisive “High Risk” reading of “1”.. As many of you may be aware, the Bear-o-meter is a compilation of 11 indicators that are assigned positive, neutral or bearish numeral values. The Bear-o-meter is Read More
Uh-Oh, Canada
The TSX is at a very dangerous juncture. Major, highly significant support lies at 15,000 (14,900 more precisely) for the index, and it’s being tested as I write. If this level is not held – I would suggest that the TSX will have entered into a whole new world of hurt. Seasonality soon improves for Read More