It’s been a banner year for cannabis stocks with more and more U.S. states legalizing recreational marijuana. This has led many industry experts to wonder when weed will become legal on the federal level in the U.S. Well, it might be sooner rather than later. Mexico made the surprise announcement that it is set to […]
23
Mar
Mar
It’s impossible to predict what the stock market, or any index, like the S&P 500 or Nasdaq, is going to do in any given year. This unpredictability and volatility leads many investors to believe they can’t invest on their own and should pay a fund manager to do it for them. Not taking control of […]
16
Mar
Mar
In an effort to battle COVID-19 and save their economies from collapse, governments around the world borrowed unprecedented amounts of money to support their citizens and businesses. At the same time, central banks slashed their key lending rates to make borrowing cheaper. With the rollout of vaccines taking place and an opening of the economy […]
09
Mar
Mar
The year 2020 will be remembered for the coronavirus pandemic, global recession, and a record stock market run. Despite global economic upheaval, stocks rallied with all of the major indexes, the S&P 500, Nasdaq, Dow Jones Industrial Average, and Toronto Stock Exchange hitting record levels. The unprecedented run has led to stocks being overvalued. Since […]
02
Mar
Mar
Despite the sell-off in tech stocks, the broader stock market is still treading near record levels. And while there is decent economic data rolling in, stock valuations are still frothy with many analysts saying we’re in a stock market bubble. Others of course believe the equity bubble is not as stretched as it seems. On […]
26
Feb
Feb
Back in January we cautioned that while growth stocks were the biggest winners in 2020, they were ripe for a pullback in 2021. Because of weak economic growth, investors turned to growth stocks, looking for outsized gains. Tech stocks have soared since March 2020, but so too have their valuations. With bond yields going higher, […]
23
Feb
Feb
The major North American stock market indexes are all near record highs, but they have been trading in the red over the last few days. This has raised concerns that equities are on the verge of a stock market correction, which is typically defined as a drop of at least 10% from the most recent […]
16
Feb
Feb
The stock market was enjoying its longest bull run in history until the coronavirus sent the stock market spiralling back in March 2020. The recovery since then has been breathtaking. The S&P 500 has climbed 75% since bottoming last March. Over the same time frame, the Nasdaq has more than doubled and the TSX is […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the January market conditions. 2020 ended on a much better note than many people expected despite the ongoing uncertainty with the pandemic. Since December, a lot has happened: the storming of Capitol Hill, full democratic sweep, new COVID-19 variants, and a vaccine […]
09
Feb
Feb
We recently discussed how investors, afraid of missing out, sent shares of GameStop Corp. (NYSE:GME) and BlackBerry Ltd (NYSE:BB, TSE:BB) into the stratosphere. Wall Street might have been taken by surprise, but the aftermath was entirely predictable. For stocks to maintain their gains and climb even higher, there needs to be a reason. Unfortunately, there […]