Equity Clock: Stock Market Outlook

After the large number of indexes/sectors that entered strong seasonality periods last October, subsequent months have been quite quiet, particularly January and February from a positive seasonality stand-point. However, March is very active, so we will gear up then. January was brutal for many sectors, particularly Information Technology, conversely, Energy in Canada had a sterling January. [more]

Despite historical evidence of market weakness and, equally, despite market indexes being at or near all-time highs, it is difficult to fight the tape and embrace the well-recognized, widely-followed adage “Sell in May, and Go Away”. However, investors should be very cautious at this point in the cycle. [more]

As we mentioned last month, March is a very active month, with a whopping 30 indexes/sectors entering strong seasonality trends, and only 2 ending their latest strong period. Many of these indexes and sectors will need to show “good colours” because performance in the first two months has been brutal almost across the board. Below, we highlight some of the indexes/sectors that are due for a rebound. [more]