Today’s blog is going to be short and sweet. Celebrate, for I shall avoid waxing eloquent, and get right to the point! Each of the 4 notations below are encapsulated in a capitalized summary sentence. Here goes: Reversals are often signalled by short-bodied candles. Short bodied candles occur when the market rises or falls Read More
Bear-o-meter drops a point
Gotta admit I was a little surprised at today’s reading of the Bear-o-meter. My last reading of the compilation, which was taken at the end of October , showed an improvement in risk/ reward. The Bear-o-meter had moved into the “neutral” risk/reward zone with a score of 4 – that, from its prior reading taken Read More
My dad’s smarter than your dad.
Super brief look at the market before we get started on the main topic of today’s blog. Rumor has it that the markets have been volatile. If this rumour is true, we’d better take a look at the charts to see if the situation is dangerous. Below is a chart of the S&P 500. The Read More
Gold: hold, fold, or go in bold
Gold looks to be staging a minor rally. Is it worth a trade? Perhaps. Before analysing the prospects of trading gold – I thought I would re-visit a chart that I have posted before. Red line is the S&P 500, black line is gold. It’s a correlation study on gold vs. the S&P 500 going Read More
BNN “Top Picks” accountability
This was a tough year for less active Portfolio Managers. Generally, the more active managers amongst us fared reasonably well, while the buy and hold types did not do quite so well. Click here to see our performance page updated to end of November. I believe that readers who take the time to view that Read More
It’s the end of the world as we know it. And I feel fine.
Rock band REM sang a truly great song called “It’s the end of the world (as we know it)”. Many of you have heard the song, I’m sure, but if you wish to marvel at how lyrist Mike Mills can carry off a fairly rapid flow of complex lyrics – click here. Today, I’d like Read More