Each week, we assess Market Sentiment using our proprietary Heat Map Analysis Window; Specifically, we are assessing the average strength or weakness, of both Offensive and Defensive Assets using our Price Momentum Tracking (PMT) Indicator; Riverside’s PMT indicator, is an indicator, that to our knowledge, does not exist in any charting platform or is being […]
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. […]
Throughout 2019, Gold was held (directly or indirectly) in many of the strategies we track at Riverside for a better portion of the year because of it’s strength in relation to other assets. Since breaking above a key price level of $12.48, identified on May 30, 2019, the IAU – iShares Comex Gold Trust ETF […]