Through this blog, I have long recommended that readers consider using a trading strategy utilizing various technical analysis methodologies. As I have often noted to readers: Everyone is a hero in a bull market. It’s the bear markets that separate the competent investors (and Money Managers) from the wanna-be’s. It is in the current sideways Read More
Comparing Canadian REIT’s to US REIT’s
Technically, the Canadian REIT scene is in pretty decent shape. The iShares REIT ETF (XRE-T) seems to be happily moving up in a nice uptrend. Its following my key trending rules of making higher highs and higher lows on the weekly chart. That, and its above its 200 day SMA. However, the sector is coming Read More
You got to know when to hold ’em, know when to fold ’em, know when to walk away, and know when to run
To start this blog, I thought I’d move away from my frequent references to rock n roll songs, and bring a classic Country Western song into focus. By the title of this blog, you know the song (Kenny Rogers, The Gambler ). Here’s the clip to this timeless classic: Kenny Rogers – The Gambler The Read More
Rotation of the guard?
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
Canadian sectors: In search of trending or sideways stocks
A quick shout-out to reader Bill, who rattled my cage and reminded me to write this blog – which I had promised to write after doing an April 18th blog on the major US sectors. So….Let’s have at it, shall we? The TSX composite is comprised of 9 main sectors. They are, with their Read More
Sectors – some to hold, and some to fold
There are 9 SPDR ETF’s trading on US markets. These ETF’s represent the most actively traded industry sectors. I thought I’d take a very high-level look at the trends and formation on all 9 of these ETF’s. This might afford a more informed approach to our buy/hold/sell decisions on these sectors, and the stocks contained Read More
Safety in bike riding and tech stock trading
I got to thinking the other day about the parallels of cycling (my beloved sport) and investing. Both of these ventures involve a degree of risk. The risk of investing is loss of capital. The risk of cycling is injury or even loss of life. In both cases, we can take precautions to make sure Read More
Staples not so stable
Consumer staples are in a bit of a tizzy. If we examine the SPDR Consumer Staple ETF (XLP), we can see that the sector has suffered about a 10.5% drop since its peak in February. Unlike the broader markets, it has not recovered similarly to the S&P 500 since the February market correction. XLP Read More
Musings
Here are a few charts that have caught my eye for one reason or another. Most are coming off of – or in the area of – a significant support level. Seasonals are positive for some of them. Some might be suitable only for neartermed traders, some for longer termed investors. Some are historically more Read More
Canadian banks are still on trend
Here’s a monthly chart of the BMO CDN bank equally weighted index. Nice uptrend, I must say. However, the sector is not without its harrowing moments. For example, the period between mid-2014 and early 2016 was a lousy time to be in the banks. Sure, the trend returned, but you had to wonder if that Read More