A while ago I did some research on private corporations donating money to the current Federal government. Not surprising, Bombardier and SNC Lavalin were disproportionately contributing to the current government parties funding. The SNC scandal has been covered enough. But yesterday’s Bombardier announcement was yet again a chilling reminder that, when a government paints a Read More
Bumper bowling
Traditional bowling involves a “gutter” on each side of the lane. If you throw a bad ball, your ball goes into one of the two gutters. Bumper bowling eliminates that problem. Bowl a bad ball, and your ball bounces off of a bumper that sits inside of the gutter. A ball thrown too far to Read More
Dumb is as dumb does
The past few days have been illustrative of how “Dumb money” operates. For those unfamiliar with the term, Dumb Money refers to retail investors. Some of you may be familiar with the “Smart Money/Dumb Money” confidence spread indicator I post on occasion. Sentimentrader.com pits Dumb Money (retail investors, small lot traders, small options traders) against Read More
Damned if you do…
The Bear-o-meter is a risk/ reward indicator. It’s a compilation of indicators falling under general classifications of Breadth, Value, Trend, Breadth-momentum, Sentiment and Seasonality. The Bear-o-meter assigns risk on a scale of 0-8. A reading of 3 or under is generally a higher risk market. A reading of 3-5 is about “average” for a risk/reward Read More
Loonie tug of war
While waiting for my time to get onto the set for Bloomberg/BNN’s Market Call on Friday (link is here), I happened to catch a commentary on the Canadian dollar via a previous interview. I got to thinking that the loonie has both push and pull factors working for, and against it right now. The question Read More
Real Estate is weakening
Canadian real estate appears to be on the verge of rolling over. I couldn’t get a TSX Real Estate Composite chart from stockcharts.com, so I have copy/pasted a chart from my Thomson Reuters system below. Note the lower highs and lows on the weekly chat, and the current flirtation with the 200 day (40 week) Read More