Canadian Venture Index – Gold & Penny Stocks
Last week I met with a local professional trader who specialized in trading only Canadian stocks. While he mainly trades the 75 large cap stocks on the TSX which have the liquidity requirements he needs, he also trades penny stocks on occasion.
When…
Bonds-the fourth quarter trade of 2014
If you have been paying close attention to the stock market, market internals/breadth, and bonds for the past three months, you’ve likely come to the same conclusion that I have.
The US stock market is showing signs of severe weakness with…
Leading Sectors Breaking Down – Internet & Social Stocks
In July I showed talked about the Russell 2K index and how it was underperforming the broad market. I went on to explain what it likely meant was in store for the US stock market this fall. The outlook was negative, just in case you were wondering…
This…
The Truth About Where Gold Price Is Headed
I will be honest, it has been a long time since I have been excited about gold, but I am starting to like gold once again. I had grown too bored to care what gold did. With the bull market top in 2011, and four years later price continues to…
Option Skew Points to More Downside Potential in the Nasdaq
By now it is no secret that equity markets continue to deliver solid gains for 2014. In fact, all of the major U.S. domestic stock market indexes are higher for the year. U.S. equities have benefited from an accommodating Federal Reserve, massive…
Gold and Oil on the Verge of Something Big – Hero’s Rarely Win
Everyone has been calling for a bottom in Gold the last year. But the fact is that gold and gold stocks are still clearly in a bear market. Just look at the 200 day moving averages. The previous trends were down and prices have been moving sideways…