Back in the late 1990’s, I wrote my final exam for my CMT designation. One of the questions on that exam had a chart of the DJIA with relevant volume, candlestick bars, etc. The exam asked for the student (me) to provide an analysis on the DJIA with some potential projections. It’s funny when I Read More
Contrarian trading ideas
ValueTrend introduced a new Equity Platform called “VTAGS”- ValueTrend Aggressive Growth Strategy. This strategy is a higher risk/ higher return model. We are buying stocks, sectors, commodities, currencies and even country indices off of a few different investment strategies. These include looking for capitulation bottoms and turnarounds, trading ranges and even buying fundamental deep-value opportunities Read More
Ask me anything
Gold is a simple trade
SNC…another Canadian disaster stock
I had a reader personally ask me about his SNC stock. Normally I would tell him to phone into BNN with the question, but I thought it’s probably worthy of a blog—given the news on the company of late. I’ll start this blog off with a disclaimer that we at ValueTrend own a position in Read More
Time to revisit the FANG’s
Brooke Thackray (Alpha Mountain) told me a funny, yet not so funny, story about an encounter he had with a fellow on the beach when he was on vacation. The man approached him after having identified Brooke from his media work. Of course, he immediately started talking about the markets. Brooke mentioned something about a Read More
Tax loss selling strategies
Thanks to reader Bruce for asking me to address tax loss selling strategies (both selling and buying) this year. I continue to encourage readers to offer blog topic suggestions on topics that might appeal to a broad audience. This question certainly does- especially given the rather volatile year we’ve seen on the markets. To start Read More
Blood in the streets
During the Panic of 1871 in Paris, when everyone was selling, Baron Rothschild was buying. When asked about his buying decision, Rothschild apparently replied that “The time to buy is when there’s blood running in the streets.” As noted in my “Smell of Fear” blog, there are some quantitative factors that we can watch for Read More
Canadian pipelines—worthy a position?
Bear with me as I set a background to understand the environment that Canadian pipelines face. I recently watched an interview with former Prime Minister Stephen Harper speaking about his new book. Here is the interview. This may appear a political comment, given my reference to Harpers book. But it is important to set the background Read More
Tech and Consumer Discretionary sector rebalance, and what it means to you
The S&P technology sector, as reflected in the SPDR ETF “XLK-US”, was overhauled this week. It no longer holds some big players like Facebook, Google, Twitter and Activision Blizzard. So too was the S&P Consumer Discretionary index (XLY-US) – it lost big players like Netflix, Comcast and Disney. All of these stocks are being shuffled Read More
Is Bank of Nova Scotia a dog, or a bargain?
Somebody at the MoneyShow asked me after my talk why I had put Bank of Nova Scotia on my Top Picks list a couple of shows ago. My answer was that it certainly wasn’t trending up yet, but it has the makings of a base. Meanwhile, ValueTrend Fundamental Analyst & CFA Craig Aucoin feels it Read More