As I have done a few times in the past, I’d like to open the floor to “Ask me anything” on the subject of investing, risk management, portfolio management and technical analysis. I’m good with broad-sector questions, questions about various international markets, or questions about individual commodities. Also happy to address and asses the Read More
Is the gold rush over?
I’ve been getting a few questions on gold and gold producers lately. Its run pretty hard to the upside, but over the past few days its stepped back a bit. Is the gold rush over? Should we be selling our gold positions? Today I thought we could take a quick look at gold bullion and Read More
Has the rotation begun?
I’m convinced that technology and stay-at-home stocks will outperform over the longer term. However, it is my belief that in the near-term (weeks or months), we may see some shift OUT of technology/stay-at-home names that have been leading the market. I believe that shift will push capital INTO quality value names, particularly those sporting sustainable Read More
Bear-o-meter suggests higher risk conditions
Last months Bear-o-meter read neutral. The reading of “4” on July 2nd put the score at an even distribution between risk and reward potential. Most of the time, the Bear-o-meter reads somewhere in the neutral zone between 3-5. Turns out that was a decent call, given the fact that the market headed higher that month, Read More
Have your cake & eat it too in an overbought market
Above is the YTD performance numbers (end July 2020) for most of the major indices, courtesy Invesco. The equity market standouts are the SPX, the NASDAQ, and Shanghai. Gold has been the biggest mover of the non-equity categories. One might wonder why the Dow Industrial Index had such a negative return in light of Read More
USD outlook, and some potential hedges
After peaking during the COVID panic in March, the USD has declined more than 10% from that high level of 103. The chart above is that of the USD vs. the world basket of currencies. You’ll note on the chart below that the decline by the USD helped the loonie, but to a lesser Read More