Given the correction we seem to be getting – which was indicated as likely on my blog last week – I thought I’d look at the major US sectors to see how the defensive names are doing. That is, how the utilities and staples, might be faring. Sometimes you will see an initial move into Read More
Nothing to see here. Move along, now.
Its no surprise to see the S&P 500 pull back a bit. On Wednesday of last week, I noted that the ValueTrend Bear-o-meter was on the cusp of moving into bearish territory. Here’s the blog. Further evidence for a correction: If you look at the chart below, you’ll note that 2800 was a key Read More
Bear-o-meter bewilderment
Funny situation, this. I took a Bear-o-meter reading today (Wed. June 13). The indicators read as follows: Primary & secondary trend (200 day, 50 day SMA): Bullish Breadth (AD line, Dow Theory): Bullish Breadth momentum (New high/low, % stocks over 50 day SMA): Neutral PE ratio: Neutral Sentiment (Smart/Dumb, VIX, Put/Call): Bearish—with one possible Read More
Follow the hedgers
Just a quick blog today given my hectic schedule this week. The good news is that I’m going to get right to the point. No waxing eloquent on today’s blog! Here goes: I was interested in viewing what hedgers were doing around a few of the primary commodities trades. Commercial hedgers are considered “smart money”. Read More
Canadian conglomerates: what to buy, what to avoid
Conglomerates appeal to some long termed investors because of their diversity. Some conglomerates are so widespread in their corporate interests that they act much like a diversified mutual fund or ETF. Only without the fees, and often WITH a management team holding significant skin in the game. That doesn’t mean that all conglomerates are worthy Read More
The rise of volatility, and the decline of cooler heads
Media Planet interviewed me for an article—I thought I would reprint my answers to their questions with a bit of expansion on my first answer for the good readership of this blog. Hope you find it interesting. Speaking of interviews—don’t forget that I am on BNN Market Call’s 12:00 noon (EST) this Wednesday Nov 6th. Read More