In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the May market conditions. The record-breaking rally in stocks continued throughout the month of April, with both the Canadian and U.S. markets recovering half of the losses incurred during the sell off in February and March. Since the market top halfway through […]
Category Archives: Blog
02
Jun
Jun
How Did the Canadian Economy Perform in the First Quarter? Everyone knew that Canada’s first quarter gross domestic product (GDP) numbers were going to be bad. The question was how bad? And what’s in store for the Canadian economy and stocks for the rest of the year? Canada’s GDP tumbled 8% in the first quarter […]
26
May
May
Will Gold and Silver Continue to Rally? Precious metals like gold and silver have rallied since mid-March due to the coronavirus (COVID-19), awful global economic data, fears the global economy will not rebound quickly enough, and fears of a second wave of coronavirus. As a hedge against economic uncertainty, there are more than enough reasons […]
22
May
May
Global stocks have been on a tear from their March lows, up almost 30%. Despite the strong gains, many believe the recent rally has created a bubble that could result in a stock market collapse. Why? There is far too much optimism about a quick economic recovery from the coronavirus. In fact, fears of a […]
19
May
May
In February and March, North American and global stocks experienced a huge correction on fears that the coronavirus (COVID-19) would wreak havoc on the global economy. Those fears have come true, with the Canadian and American economies coming to a standstill. Despite terrible economic data, the stock market has been bullish. But there are growing […]
12
May
May
Canada and the U.S. continue to report devastating unemployment figures as the coronavirus (COVID-19) continues to hobble the North American and global economies. And more pain is expected. Coronavirus numbers continue to climb at a time when the U.S. and Canada are preparing to open up their economies. What Is the U.S. Unemployment Rate? The […]
05
May
May
How Much Did the U.S. Economy Shrink in the First Quarter? Because of the coronavirus (COVID-19), tens of millions of North Americans are out of work and quarantined, with the U.S. and Canadian economies grinding to a screeching halt. With first quarter economic data rolling in, we now have a picture of just how badly […]
28
Apr
Apr
How Has COVID-19 Affected North American Stocks? The coronavirus (COVID-19) didn’t just take the wind out of the sails of the longest bull market on record, it kicked it over a cliff. Because of the coronavirus pandemic, the global economy is virtually at a standstill, and the supporting economic data has been abysmal. Despite this, […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the April market conditions. Stocks sold off sharply through the month of March as the fastest market correction in history extended through the last few days of the month and the TSX and S&P 500 gave up approximately 35%. This was followed […]
21
Apr
Apr
The coronavirus (COVID-19) is having a much bigger impact on the Canadian and global economies than anyone could have ever imagined. Because large portions of the economy have been frozen, including restaurants, retail, factories, and mines, job losses have soared, and consumer spending has plunged. By all accounts, it is going to get worse before […]
