E Why The Bank Of Canada Should Back Off From Further Rate Hikes
After raising the bank rate three times this year alone, Governor Poloz continues to signal that the Bank is nowhere near completing its current cycle of rate increases. Recent statements by the Governor indicate that Canadians should expect the bank rate to hit 3 percent from its current level of 1.75 percent[1].  According to legend, […]

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5 Stocks Paying A Juicy Yield Over 5%
Each year, they would receive juicy dividends, see their payments increasing and their portfolio growing in value. Wow! This really looks like buying a seafront house in Hawaii for $200K, doesn’t it? Unfortunately, however, many 5% yielders end-up cutting their dividend. A 5% yield is only good if it keeps getting paid Over the past […]

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Market Talk – Tuesday, Nov. 13
Although the Asian markets opened weaker, that proved to be the days low and all recovered from then on. That said, the Nikkei, New Zealand, KOSPI and ASX all finished lower with Japan actually losing 2%. In late trading, we are seeing a small recovery for the Nikkei futures but with that, the Yen is […]

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Commodities: Critical Support
Gold, Silver, and GDXJ are at critical support while the dollar appears to be breaking out of a 3-month bullish consolidation. Oil is down 28% in just 6-weeks; prices are approaching support. The decline has been relentless and taken on a life of its own. I think oil is capitulating and I’ll look to enter […]

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Which Observation Is Not Like The Others: US Inward FDI Again
Plotting nominal dollar value of inward FDI understates the collapse in inflows. Here is the ratio to GDP, and — considering how FDI covaries with the stock market’s level — the real S&P 500 (As I recall, working on this topic during the dot.com boom, the dollar’s strength was the other important factor — but […]

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                        Why The Bank Of Canada Should Back Off From Further Rate Hikes

E Why The Bank Of Canada Should Back Off From Further Rate Hikes

After raising the bank rate three times this year alone, Governor Poloz continues to signal that the Bank is nowhere near completing its current cycle of rate increases. Recent statements by the Governor indicate that Canadians should expect the bank rate to hit 3 percent from its current level of 1.75 percent[1].  According to legend, […]
5 Stocks Paying A Juicy Yield Over 5%

5 Stocks Paying A Juicy Yield Over 5%

Each year, they would receive juicy dividends, see their payments increasing and their portfolio growing in value. Wow! This really looks like buying a seafront house in Hawaii for $200K, doesn’t it? Unfortunately, however, many 5% yielders end-up cutting their dividend. A 5% yield is only good if it keeps getting paid Over the past […]
Market Talk – Tuesday, Nov. 13

Market Talk – Tuesday, Nov. 13

Although the Asian markets opened weaker, that proved to be the days low and all recovered from then on. That said, the Nikkei, New Zealand, KOSPI and ASX all finished lower with Japan actually losing 2%. In late trading, we are seeing a small recovery for the Nikkei futures but with that, the Yen is […]
Commodities: Critical Support

Commodities: Critical Support

Gold, Silver, and GDXJ are at critical support while the dollar appears to be breaking out of a 3-month bullish consolidation. Oil is down 28% in just 6-weeks; prices are approaching support. The decline has been relentless and taken on a life of its own. I think oil is capitulating and I’ll look to enter […]
Which Observation Is Not Like The Others: US Inward FDI Again

Which Observation Is Not Like The Others: US Inward FDI Again

Plotting nominal dollar value of inward FDI understates the collapse in inflows. Here is the ratio to GDP, and — considering how FDI covaries with the stock market’s level — the real S&P 500 (As I recall, working on this topic during the dot.com boom, the dollar’s strength was the other important factor — but […]
Silver Cheapest To Gold In 25 Years – Watch China

Silver Cheapest To Gold In 25 Years – Watch China

With decelerating global (most notably Chinese) economic growth curbing industrial demand for silver just as gold benefits from financial market volatility-inspired safe-haven appeal – amid tightening financial conditions – Silver is the cheapest to gold since 1993 as slowing economic growth clouds the outlook for metals with industrial uses. Spot silver has tumbled 17 percent this year to […]
Stocks And Precious Metals Charts – Kicks Keep Getting Harder To Find

Stocks And Precious Metals Charts – Kicks Keep Getting Harder To Find

Gold and silver were off a bit today, along with the US dollar, and crude oil. Stocks had another volatile, wide-ranging day that managed to finish closer to unchanged than not.  Nice rescue guys. As a reminder, there will be a stock option expiration on Friday. I don’t sense a lot of fear in this […]
Hot Options Report For End Of Day – Tuesday, Nov. 13

Hot Options Report For End Of Day – Tuesday, Nov. 13

Data Courtesy of Trade Alert 
Rallies Intact Despite Recent Losses

Rallies Intact Despite Recent Losses

After returning from my brief vacation markets enjoyed decent gains which – over the last 3 days – have given back some of the advances. However, markets remain well positioned to confirm a swing low (even if October lows are breached) and investors should be buying stocks, particularly on days where losses of over 1% […]
Crude Crashes As Saudi Abandons OPEC Production Curbs

Crude Crashes As Saudi Abandons OPEC Production Curbs

For the first time since the Vienna OPEC deal in 2016, Saudi Arabia is no longer complying with the quota as Bloomberg calculates that in October, The Kingdom boosted crude production above its starting point for oil cuts. Saudi output in October was 10.63m b/d, according to data published in OPEC’s monthly market report; compares with […]