eR Reports

Canadian interest rates have risen quite a bit lately. Also, the spreads are narrowing. However, there is still no change to our Economic Recession forecast for Canada. [more]

Shares of Saudi Arabian Oil Company (“ARAMCO”) started trading on the Riyadh stock exchange this week and rose in price with the market cap hitting US$2 trillion. [more]

Our Top Ten Portfolio continues to be range-bound, essentially since mid-June, suggesting that it might be time for an over-haul. Portfolio managers typically consider this strategy at this time of year. [more]

Spruce Point Capital Management, a New-York-based firm focused on shorting company stocks, issued a negative report on Canadian Tire that sees a potential downside of 50%. [more]

The outlook for the energy sector, and particularly for the oil component, was given a boost on Friday as the OPEC+ cartel agreed to cut oil production in Q1/2020. Our Portfolio continues to perform relatively well but is still struggling to gain much traction in positive territory. [more]

Our Dividend-Income Portfolio got off to a good start this week, ending up in the Black, compared to the ETF comparables and the S&P/TSX Composite Index, all of which ended up in the Red. [more]

Last week, the RASI declined below the important 500 level. This is bearish as it signals that the outlook for the stock market is Negative. Right now, the RASI and the DJIA are diverging, with the RASI declining and the DJIA rising. A divergent trend rarely lasts long. [more]

Continental is currently developing its 100%-owned Buriticá project in Colombia and expects production to start product in 2020, averaging over 250,000 gold ounces per year with a mine life of 14 years and an AISC of US$600 per ounce. [more]