Our Heat Map Market Model Rankings, shown below, indicate that Utilities is one of the strongest sectors inside the TSX. Accordingly, investors looking for strength may want to look for long opportunities in this sector. While the TSX Utility Sector has resided in a consolidation pattern since Mid April 2020, as of the close […]
The recent decline in the S&P 500 has been one of the fastest declines in history. As of the close on Monday March 9, 2020, the S&P 500 has declined in excess of -19% from its February 19th, 2020 high. A recent article in the Financial Post was brought to my attention regarding severe historical […]
LISTENING TO THE MARKET – THE WARNING SIGNS On February 23, 2020 , in our Weekend Market Update, we indicated that while the Trend and Market Breadth indicators resided in a longer term NET Bullish Posture, we were seeing cracks in the market’s armor. The quote below is directly from our February 23, 2020 update. […]