September is historically the worst month for stocks, when the Nasdaq, Dow Jones Industrial Average, and S&P 500 typically perform the worst. September 2021 was no exception, but this time it was worse than normal. If history is any indicator, it looks like investors could be in for the same in October. How Will Stocks […]
29
Sep
Sep
The TSX, Canada’s main stock index, which tracks about 250 Canadian companies, has been ripping higher in 2021, up roughly 17% year-to-date. While the strong gains still lag the S&P 500, which is up 37% in 2021, the TSX is poised to rally considerably higher over the coming months as major market headwinds have mostly […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the September market conditions. As we move towards the end of September, we are seeing some weakness across the board as investors grapple with the risk of the new Delta Variant and what that might mean for the global recovery. Prices in […]
22
Sep
Sep
Canadian inflation continues to run at breakneck speeds; it’s highest level in 18 years. Even though economists tell us it’s only temporary, it’s taking a big chunk out of our spending and putting a dent in our standard of living. Higher inflation is also bad for stocks because it makes borrowing more expensive and reduces […]
14
Sep
Sep
Historically, September is the worst month for stocks when the market’s top three indexes typically perform the poorest. It’s referred to as the September Effect. Aside from seasonal behavior, there’s really no rhyme or reason for the poor performance. But this fall, stocks could struggle even more as a series of economic headwinds could put […]
08
Sep
Sep
Sometimes analysts and economists can really miss the market. The Canadian economy surprised to the downside in the second quarter with gross domestic product (GDP) falling 0.3%. On an annualized basis, GDP Bay Street analysts were predicting the Canadian economy would rise 2.5% while the Bank of Canada projected a second quarter GDP gain of […]
01
Sep
Sep
The TSX, Canada’s main stock exchange, has been on an incredible run since the broader markets bottomed in March 2020 from the COVID-19-fuelled crash. Since then, the TSX has advanced an eye-watering 85% and is trading in record territory. While some analysts believe the wobbly bull market is poised for a correction, the majority of […]
30
Jul
Jul
Private enterprise Chinese for-profit-education stocks and technology stocks are experiencing an unprecedented sell-off amid growing concerns of Beijing’s crackdown over tightening regulations. Spooked investors and hedge funds have been selling off their holdings, which have seen many companies lose billions of dollars in market value virtually over night. Why Are Chinese Tech Stocks Crashing? For […]
27
Jul
Jul
The major indices, the TSX, NASDAQ, and S&P 500 are trading near record levels, and while investors remain bullish, they shouldn’t get complacent. As we have seen recently, it doesn’t take much to spook the stock market, nor does it take much for investor sentiment to shift. And there are more than enough economic indicators […]
20
Jul
Jul
The tech heavy NASDAQ racked up another record on July 13, hitting an intra-day high of 14,803.68, juiced by a positive start to earnings season and fears that the Federal Reserve will tighten its generous monetary policy on the backburner. The big question is, what will the NASDAQ do in the back half of 2021? […]
