I have had some interesting conversations with a young business student who has taken up the study of Technical Analysis. One of the conversations we recently had surrounded the topic of selling a losing position. My young friend has made a point of meeting various portfolio managers from different disciplines– me being one of them. Read More
Good as gold
Today’s blog was inspired by an engaging email correspondence I had with a long time BNN watcher and blog reader, Marc in Gatineau. Marc inspired me to take a look at the big picture of gold and see if there is a potential base/bottom formation forming for this commodity. As anyone who has followed my Read More
I’m not banking on the banks
Canadian banks look to be near a significant level of overhead resistance. While we still hold some exposure to them in our ValueTrend Income Platform – entirely for their high dividend yields – we have no exposure to the group within our ValueTrend Equity Platform. We can’t see much upside from a technical perspective. Moreover, Read More
Tear down the wall!
Of note: this blog will be the only one this week. I will be back next week with two blogs. If you comment on the blog, I will not be around to post your comments, or replies, until next week. Please bear with me—thx If you read this blog often enough, you will have run Read More
Loonie letdown
Lots of talk of a falling USD seems to be out there. I don’t agree with the USD bears. Technically, the dollar seems to be heading towards $100 on the world currency index comparative chart below. That’s a good 4% higher than current levels. The USD has been sticking to the trendline established in 2011 Read More
Bear-o-meter, and the great mystery buyer
I did a Bear-o-meter reading on Friday. You can search my past blogs to get more information on how this compilation works. Basically, it’s a compilation of many indicators that track trend, cumulative breadth, sentiment, seasonality, value, and breadth/momentum. As always, I do like to stress that the Bear-o-meter is not a precision market timing Read More
Keith’s yearly rant: The job interview.
WARNING: THIS IS NOT A TECHNICAL ANALYSIS BLOG, IT IS AN OPINION ARTICLE AND SHOULD NOT BE READ BY THOSE SENSITIVE TO POLITICALLY OPINIONATED AND POLARIZED ARTICLES! PLEASE NOTE THAT THE FOLLOWING IS A FICTIONAL STORY. BUT IT CLEARLY REFERENCES MY POLITICAL BIAS. ANY OPINIONS IMPLIED OR DERIVED FROM THIS STORY SHOULD BE CONSIDERED THOSE OF MY Read More
Bear-o-meter reading plummets
Do a quick search on the search bar for this blog and you will find plenty of entries under the Bear-o-meter. I try to read the compilation monthly. The last reading was on September 17th, where it had moved up from its August reading of “4” to a more bullish reading of “5”. Interestingly, the Read More
Why I hate stop loss orders
I frequently get asked whether we at ValueTrend use “stop loss orders” to limit our downside on a trade gone bad. After all, the tagline for ValueTrend Wealth Management is “Limit your risk. Keep your money”. You’d think that we’d be all over the concept of preventing losses by using stop’s, wouldn’t you? In theory, Read More
Bear-o-meter moves to neutral
For the past 2 months, the Bear-o-meter has migrated between readings of 2-3. As you’ll notice in the scale below, that level kept the Bear-o-meter in the “higher risk” territory. You can do a search on this blog for other Bear-o-meter readings to track its readings –the last one being in June. Note that the Read More