President-elect Donald Trump plans to make U.S. infrastructure “second to none”. He also plans to cut income taxes. This is likely to lead to higher inflation rates and higher interest   Read More

Canada’s residential real estate market may be growing into a giant collapsible bubble. Portfolio manager and regular MoneyLetter columnist Keith Richards argues there are better ways to seek capital gains   Read More

Regular MoneyLetter columnist John Stephenson was prescient enough to give serious consideration to the possibility of a Trump presidency and picked three stocks—an aerospace and defence manufacturing stock, an oil   Read More

Historically, small stocks (or small-cap stocks) easily beat big stocks (or large-cap stocks). But almost all of the better gains of small stocks occurred in one unusual nine-year period. Big   Read More

Behavioural finance analyst Ken Norquay observes that investors love to read the financial news and study its impact on stock prices. But what should be more relevant for investors and   Read More

Investor’s Digest of Canada columnist Jeana Deal may not own a horse named Silver nor a six-shooter loaded with silver bullets. But she does think it’s time to saddle up   Read More

Have your cake and eat it too. Impossible? Maybe not, says portfolio manager Keith Richards. Mr. Richards names some stock sectors and specific exchange traded funds that you can use   Read More

The outcome of the U.S. election is making investors skittish. However, notes market observer Edward Gardiner, a Trump victory will precipitate a stock market disaster—but the price of gold will   Read More

The yields on 10-year government bonds are far lower than the dividend yields of many stocks. This is like the situation that existed until the mid-1950s. We expect government bonds   Read More

Technical analyst and portfolio manager Keith Richards says bonds, utilities and consumer staples tend to do well in the weaker market months of May to November. He names some favourite   Read More

Have your cake and eat it too. Impossible? Maybe not, says portfolio manager Keith Richards. Mr. Richards names some stock sectors and specific exchange traded funds that you can use   Read More

We don’t know if portfolio manager Keith Richards gave any advice to Casey and the strawberry blonde he adored, but Mr. Richards recently warned his readers in The MoneyLetter to   Read More

With apologies to the “No Sex, Please—We’re British” playwrights,  The MoneyLetter’s behavioural finance analyst Ken Norquay takes a look at why people make seemingly irrational decisions about investment strategy. His   Read More

Voters in the United Kingdom have voted to leave the European Union. The U.S. Fed has signaled that U.S. interest rates will remain lower for longer, perhaps not rising until   Read More

Markets have hit some resistance as the weather has warmed and seasonality is a likely catalyst for the correction. The S&P/TSX Composite Index has found resistance just above 14,000. Technical   Read More

Technical analyst and portfolio manager Keith Richards says bonds, utilities and consumer staples tend to do well in the weaker market months of May to November. He names some favourite   Read More

When you buy stocks in sectors and sub-sectors of the market, keep your goals in mind. If you’re a conservative, income-seeking investor, focus on utilities, financial stocks and consumer stocks.   Read More

‘What? Me worry?’ would be MAD magazine cover boy Alfred E. Neuman’s attitude about the stock market. But The MoneyLetter’s behavioural finance analyst, Ken Norquay, has his own take on   Read More

Economist Paul Samuelson quipped: “The stock market has forecast nine of the last five recessions.” So, advises Toronto-based portfolio manager John Stephenson, dial down the noise about continuing market gyrations   Read More

Barrie, Ont.-based ValueTrend portfolio manager Keith Richards thinks so and he offers nine indicators as the evidence that convinced him to adopt a bearish market outlook and a defensive investment   Read More

“…there are known knowns; …there are known unknowns; …there are also unknown unknowns.”–Donald Rumsfeld.  “Don’t pretend to know the unknowable.”–Ken Norquay.
Behavioural finance strategist Ken Norquay is a frequent contributor to   Read More

“To every thing there is a season, and a time to every purpose under the heaven: A time to be born, and a time to die; a time to plant,   Read More

The financial sector’s exposure to the energy sector is driving banking stocks down world-wide. John Stephenson is portfolio manager and President and CEO of Stephenson & Company Capital Management Inc.   Read More

Chartered Market Technician Don Vialoux combines technical, fundamental and seasonality analysis to predict that Canadian metals and mining companies and U.S. industrial companies are set to rise this spring. He   Read More

Four times a year, the team at The Investment Reporter makes some short term predictions. We do a 180-day forecast for the economy looking for sectors that will lead and   Read More

Your best long term strategic investment plan is to balance your portfolio across the five main sectors of the economy: finance, utilities, consumer products and services, manufacturing and resources. Each   Read More

If you believe a continued market downtrend for the intermediate term is likely, then shorting the market with exchange traded funds, stocks, currencies and gold might be of interest to   Read More

The Bank of Canada was right to hold off on cutting the prime interest rate but sunny government inflation statistics and industry forecasts are deceptive. Edward Gardiner, an Ottawa-based market   Read More

Ken Norquay is a Chartered Market Technician, author of the behavioural finance book Beyond the Bull and a regular contributor to The MoneyLetter. He is currently on a European reconnaissance   Read More

Chartered Market Technician Don Vialoux combines technical, fundamental and seasonality analysis to predict that Canadian metals and mining companies and U.S. industrial companies are set to rise this spring. He   Read More

The U.S. federal government has over $19 trillion in funded debt, at least $6 trillion in off-balance sheet obligations, and staggering unfunded liabilities for Medicare, Medicaid, Social Security, etc., which   Read More

The financial sector’s exposure to the energy sector is driving banking stocks down world-wide. John Stephenson is portfolio manager and President and CEO of Stephenson & Company Capital Management Inc.   Read More

The market outlook suggests that U.S. markets are about to test their 2015 summer lows. If they don’t bounce back, the next level of support seems to be around the   Read More

Gold as an alternative investment provides important portfolio diversification because its price is least tied to traditional financial assets. Nick Barisheff, president and CEO of Bullion Management Group Inc., a   Read More

A rational market strategy: Participate in uptrends, reduce exposure to downtrends. Right now, the signals are saying: ‘Sell’. They’re not as simple as ‘Buy Low; Sell High’, but they are   Read More

The Federal Reserve raised U.S. interest rates for the first time in more than 10 years. This should help stocks outperform bonds. Most forecasters expect the U.S. central bank to   Read More

For the markets, these are indeed turbulent times. But while there are sectors to avoid, others offer opportunity. So says John Stephenson, portfolio manager and president of Stephenson & Company   Read More

The Bank of Canada continues to hold its overnight interest rate steady. That came as no surprise when the bank released its policy statement on December 2, leaving the rate   Read More

Are you concerned about rising interest rates effect on stocks in the U.S.? Keith Richards, portfolio manager at Barrie, Ont.-based ValueTrend Wealth Management and a frequent contributor to The MoneyLetter,   Read More

Keith Richards, portfolio manager of Barrie, Ont.-based ValueTrend Wealth Management says his favorite market indicators are flashing ‘buy’ signals in five market sectors. He names his favorite stock picks in   Read More

In a tough market, there are good opportunities for top U.S. retail stocks . . . but only for those firms that are rewriting the rules. John Stephenson, an award-winning   Read More

Our job, as conservative investors, is twofold: (i) To safeguard our money; and (ii) To get a reasonable return commensurate with our risk tolerance. Ken Norquay, author of the behavioral   Read More

The stock market and commodities markets are searching for direction from forward looking indicators. John Stephenson, president and CEO of Stephenson & Company Capital Management Inc. in Toronto, and a   Read More

Keith Richards, portfolio manager at Barrie, Ont.-based Value Trend/Wealth Management has spotted a long legged doji, or rickshaw man, on his candlestick charts. This rickshaw man pattern indicates indecision and   Read More

With Chinese stocks sliding, the global market outlook is jittery. Our advice? As the 1939 British motivational poster advised prior to World War II:  “Keep calm and carry on.”
There are   Read More

Happy Thanksgiving, Canada! Celebrating with your extended family on all your favorite foodstuffs and libations? Conversation inevitably evolving from elucidating insights to more passionate opinions? Given that The Great White   Read More

Alternative investments such as gold and silver bullion are stuck in a bear market that is still intact. So says Toronto-based Brian Hoffman, CPA, CA, a member of the Canadian   Read More

Recent escalated market volatility was a signal to sell—now. In nautical terms, that spike in volatility was a ‘shot across the bow’. Ken Norquay, a regular contributor to The MoneyLetter   Read More

In a market with heightened volatility and increasing correlations, investors should be looking to the most defensive sectors. That’s the view of John Stephenson, president and CEO of Stephenson &   Read More

This choppy, sideways market is no place for a buy-and-hold investment strategy. The best approach is one of constant sector rotation. So says Keith Richards, a portfolio manager at Barrie,   Read More

Severe market corrections cause many investors to question their long term strategic investment plans. ‘Buy low; Sell high’ is a popular, but not very helpful, investment strategy. Better you should   Read More

Despite hand-wringing over America’s rising debt levels, U.S. markets continue to lead the world and the S&P 500 Composite Index has risen sharply over the past six years. Keith Richards,   Read More