Just a quick blog today given my hectic schedule this week. The good news is that I’m going to get right to the point. No waxing eloquent on today’s blog! Here goes: I was interested in viewing what hedgers were doing around a few of the primary commodities trades. Commercial hedgers are considered “smart money”. Read More
Bear-o-meter stays in the neutral zone
I recently promised that I’d post my latest reading of the Bear-o-meter in early May. As a refresher, to those new to the blog, the Bearometer is a compilation of 12 indicators. 2 are trend indicators, 4 are breadth indicators (although I use 2 of them as momentum indicators), 1 is a value indicator, 3 Read More
Bear-o-meter neutral … for now
A reader posted a query recently regarding the current reading of the Bear-o-meter that I tend to use for macro market risk/reward readings. Although I answered his question under his posted comment, I felt inspired to post a new reading for the Bear-o-meter. This makes sense given the arguably high market valuations, arguably poor Read More
Winnie the Pooh and the Market
“Pooh always liked a little something at eleven o’clock in the morning, and he was very glad to see Rabbit getting out the plates and mugs; and when Rabbit said, ‘Honey or condensed milk with your bread?’ he was so excited that he said, ‘Both,’ and then, so as not to seem greedy, he added, Read More
A quick update on the markets
I may post another blog later this week, but I thought readers might appreciate a quick update on markets, given the beginning of the post-inauguration “Trump-dump” that I have noted as a potential several times on this blogspace. FYI, we raised 18% cash last week in anticipation of such a potential. It does appear Read More
Three things you should know about the markets new highs
A breakout throughout old resistance of S&P 500 at 2135 is bullish. As such, we are legging into the markets a bit more. But our discipline is to always hold some cash over the summer, no matter how bullish the profile of the charts appear. Here are 3 factors to consider before diving in right Read More
Sell in May or Stay in May?
My friend Brooke Thackray recently covered the probabilities of a traditionally weaker market during this year’s “Worst Six Months” traditional period of seasonal weakness in his seasonal investing newsletter. His website, where you can subscribe to this newsletter, is http://alphamountain.com/ I told him that he had written a particularly interesting commentary on this months Read More
Too many happy faces
I’ve been pounding the table lately about the increased level of investor complacency as the bull market has charged ahead. You can pull up any of my recent blogs, or Investors Digest / Moneyletter articles (available free at www.valuetrend.ca) or review my last BNN appearance to hear me speak about too various signs of “too Read More
The long and the short of it
Short term view Last week’s negative action took a little bit back from the rally off of mid-November. The recent meandering by the markets may continue until this whole “fiscal cliff” dilemma gets some positive action behind it. Technically, a few factors suggest that markets will stay more or less where they are (up/down by Read More
Near termed bull, longer termed bear
In last week’s market commentary, I noted 5 reasons why the market might rally. Here’s the link: https://www.valuetrend.ca/?p=1618. I’m happy to report that markets are up more than 3% since writing that piece. The question is, will the rally continue? My belief is that this market has some legs left in it, given some volatility Read More