Chart-of-the-Day

S&P 500 Index Continues Trending To All-Time Highs

The S&P 500 Index continues to reach all-time highs. Given this, investors are advised to heed the maxim: the “trend is your friend”. From a seasonality standpoint, the market is in its typical bullish time-frame and there is always the possibility of a “Santa Claus” rally and year-end advance. [more]

Analyst Articles

RASI: Index Breaks Below Two Technical Patterns

Last week, the RASI fell out of two triangles that it has been bounded by for months. This is bearish. Since the RASI and the DJIA normally move in sync and since the two indexes have diverged this month, something has to give. [more]

eR Niobium Report
Analyst Articles

Niobium Declared To Be A Strategic Metal

There are only three known mines in the world that are currently mining niobium as the primary ore. Two of these are in Brazil, which produces about 90% of world output, and the third is an underground mine in the Province of Québec. Niobium’s two primary uses are in the steel industry and as a super-alloy. [more]

Market Insights

Top Ten Portfolio Keeping Pace With S&P/TSX

Our Top Ten Portfolio slipped slightly over the past two weeks by 0.5% while the S&P/TSX Composite Index rose 0.6%. We are increasingly nervous about a possible near-term correction even though the market has entered its strongest seasonality period. Investors should be alert for tax-loss selling situations, where increased selling for window-dressing purposes could result in sharply lower prices for “loser” stocks. This often provides an ideal entry point for astute buyers. [more]

Analyst Articles

RASI: Index Decline Continues; DJIA Trends Higher

The RASI and the DJIA normally move in unison but, since the beginning of November, the two indexes have moved in opposite directions. While the RASI declined, the DJIA moved into new high ground … until Tuesday, November 19. Is the 100-point down-turn in the DJIA the beginning of a pull-back? [more]

recession barometer-18-new-FI
Economic Insights

Recession Barometer – Canada Continues On Recession Watch

Canadian interest rates have shown some volatile tendencies of late, but the most recent trend is upwards. Since all of our recession-watch interest rate ratios are and remain inverted, we expect to see deteriorating economic fundamentals occur in Canada over the ensuing twelve months. [more]