Equal weight indexes give the same weight to each stock in the index. Both small and large companies are given an equal “importance” in the index. Most indexes are not the equal weight type. For example, the TSX 300 and the S&P 500 give differing “importance” or influence on the index based on the market Read More
Post your questions for Ask Me Anything
Final reminder: Next week I will write the Ask me Anything” blog. If you wish to have a question answered, post them below. I have already begun writing the blog with a few questions, and have room for a few more. As a reminder: Please keep the questions of interest to all readers. I don’t Read More
FOMO: Learning from a legend, and the next stocks to buy
Incompetent people are at a double disadvantage since they are not only incompetent, but unaware of it. Behavioral Scientist, April 13, 2020 The above quote echos my thoughts towards the current Prime Minister of Canada and quite probably the US President . The thing I like about truly competent people is that they can make Read More
Damned if you do…
Before getting to today’s charts, here are a few random Fed and and somewhat insightful (yet funny) Investor comments that I came across over the weekend: Pent-up consumer demand not so pent-up? “A key determinant of the economic outlook is the extent of pent-up consumer demand. While not ruling out a future recovery, our Read More
Thinking out loud
No charts today, just some thoughts. I had a client question me early in the week as to why i might want to sell into the past 3 day rally. I answered that I don’t know how long the rally will last, nor do I know if it just briefly pauses and then carries on. Read More
Playing the bottom
Bottom formations are complex. They rarely v-bottom. The chart below looks at the 1929, 2001, and 2008 crashes. Starting from left to right (apologies for the missing date bar)- chart from stockcharts.com In 1929, we saw a bust, then a huge rally, then a multi-month decline. Trading out on the rally would have made sense, Read More
MACD may signal the bottom of this crash
Last week a wild one for markets, to say the least. Today carries on that tradition. The Bear-o-meter reading that I took last week provided a simple message, in my experience: the stock market will most likely rally significantly over the coming months, but there’s also a high probability that markets will continue to experience Read More
Just another ending of the world
For fun, here is a summary of news headlines from the past couple of weeks as market literally went up, down, up, down in a rhythmic pattern. “Market falls on renewed coronavirus fears” “Market rallies on easing coronavirus fears” “Market falls on renewed coronavirus fears” “Market rallies on easing coronavirus fears” “Market falls on renewed Read More
Special report: Capitulation or continuation?
This weekend will feature an interview I did with a BNN reporter today. Tomorrow, I will be on Market Call Tonight at 6:00pm I thought I would do a super short and sweet reprint of some of the talking points revolving around todays phone interview. You can tune in to BNN tomorrow to hear even Read More
Bombardier: Here we go again!
A while ago I did some research on private corporations donating money to the current Federal government. Not surprising, Bombardier and SNC Lavalin were disproportionately contributing to the current government parties funding. The SNC scandal has been covered enough. But yesterday’s Bombardier announcement was yet again a chilling reminder that, when a government paints a Read More