Category Archives: Blog

Statistics Canada released its numbers for the Canadian economy in the fourth quarter of 2018, and it wasn’t pretty. Fourth quarter gross domestic product (GDP) growth came in at an abysmal 0.4%. Far lower than projections of 0.08% and 1.2%. And much worse than the 2.0% GDP growth reported in the third quarter of 2018. […]

After an abysmal 2018, the TSX is one of the top performing stock markets in 2019; at least so far. Canadian stocks have been bullish thanks to some big names reporting strong fourth quarter results, strengthening crude oil prices, buoyant natural gas, and hopes that President Trump will delay increasing tariffs on Chinese imports. While […]

Bitcoin Passes Resistance Level, Remains Bullish…For Now Bitcoin is the largest cryptocurrency by market cap, at $70 billion. It is also the most well-known of the hundreds of cryptocurrencies out there. Like all cryptocurrencies, bitcoin has been on a volatile ride, with optimistic analysts seizing on any upticks, hoping for a bull run. For technical […]

Canadian Dollar Gets Boost from Solid Jobs Data Like the broader stock market, the Canadian dollar was in free fall over the last three months of 2018. It’s been a different story though in 2019, with the loonie rising against the U.S. dollar. The Canadian dollar got an additional boost on February 8 on unexpectedly […]

The devastating sell-off that took hold in October reached its zenith on December 24, marking the worst Christmas Eve decline on record. Since then, the bearish sentiment has vanished, and stocks have been bullish. Very bullish. January 2019 was the best January for stocks in 30+ years. What does that point to for the rest […]

Is investing in Canadian equities riskier than you think? According to one professor of finance, Canada is No. 1 when it comes to the percentage of money-losing companies trading on its public markets. But there may be more to this doom-and-gloom declaration than meets the eye. This fact further shows why it’s important for investors, […]

There doesn’t seem to be a lot of consensus on commodity prices in 2019. Or rather, opinions seem to be at polar opposites. Depending on who you ask, commodity prices are either going to rally in 2019 or be depressed. There are a lot of different reasons why a single commodity could be bullish or […]

Global Economy Set for Weakest Growth in Years The stock markets may be closing in on the longest bull market in history, but economic indicators, which are reflected in corporate earnings, suggest the momentum on Bay Street and Wall Street is grinding down. The International Monetary Fund (IMF) cautioned that the global economy is slowing, […]

Canadian and American stocks have roared back after the December disaster on Bay Street and Wall Street. Despite the bullish sentiment though, some analysts think the S&P 500 and TSX will test the Christmas Eve lows of 2018. Does this mean investors should take a wait and see approach or should they embrace the stock […]

For nine years investors were able to take stock market gains for granted. It was a different story in 2018. Stocks are down and volatility is up! All of the major indexes finished 2018 in the red, leaving investors concerned about what 2019 has to offer. There is a chance 2019 could be a winning […]