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—that is, the utilities and staples, might be faring. Sometimes you will see an initial move into these sectors during a minor 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
Comfortably numb
This blog is a recap of a client update that we are sending out. I thought it would be of use to you for some forward strategy pondering. BTW – if you don’t already subscribe, our newsletter is sent out once or twice a month. It’s a recap of our client update, ex the Read More
Here’s where money is going
I’ve made no secret of it – we at ValueTrend hold a very strong belief that the market simply CANNOT continue to push high growth stocks up in a straight line. Something has to give sooner or later. Money may rotate out of some of these high flyers into value stocks, and/or overlooked sectors. There Read More
Is Canadian technology a buy?
Canadian tech stocks are a rare species. If we look at the iShares Canadian capped tech stock ETF (XIT), it holds..brace yourself…a whopping ten stocks in its portfolio. Compare this to the widely followed SPDR technology ETF (XLK) which holds 71 US stocks. Is the Canadian tech sector worth buying, given the rabid moves Read More