Awaiting PDAC 2020

A favorite time of the year for me is the beginning of March in Toronto where the weather outside is often miserable, but inside the Metro Convention Centre it’s always a rollicking good time as the miners hit town from every place imaginable on earth. Toronto is the centre of the mining universe and its

Apple: Bottom Of 9th Inning

For many investors, Apple (NASDAQ:AAPL) is the closest thing to divinity on earth. And selling Apple’s stock would be a sin. We have heard more than one investment personality state that “Apple is a stock you hold, not trade.” For readers who have plunged too deep into the Apple Kool-Aid, it's best to stop reading

If Equities Drop, Just Add More

Equities Getting Frothy U.S. equity indexes began breaking out to new record highs at the very end of October and over the past week have added a few points each day at record levels. At the same time, the VIX volatility index (also known as the fear index) has fallen back to 12, about the

S&P 500 And 2015

And What If The Broad Equity Market Remains Range-Bound? We hear the calls of the Bulls predicting an S&P 500 above 3200 by year-end and the index at some 4000+ in 2020. On the other side of the debate, bears have been citing lots of legitimate reasons why stocks should come down. But the reality

Not Trusting The A/D Line

We are getting another taste of 2017. Every day, the U.S. equity indexes rise, and every day, CNBC has the red banner "Record Close Watch" on the bottom of the screen. Equities are melting up once again on a combination of real optimism over trade, a friendly Fed, and FOMO (fear of missing out). The

Equity Markets Roll On Towards Euphoria

So when can we say markets are euphoric? The Dow hit a new all-time record high earlier this week, joining the S&P 500 and Nasdaq at record levels. Sir John Templeton famously stated, “Bull Markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria.” The current Bull Market was certainly

Alcoa: The Worst May Be Behind

We have opened a position in Alcoa (NYSE:AA), a very non-consensus stock in today's market. The cyclical Materials sector has suffered from the global growth slowdown and trade tensions. We explain below some pros and cons of the Alcoa trade today. Alcoa: What's Not Working Since Alcoa's restructuring in 2016, the new company stock rallied

These Solar Stocks Will Be Heating Up

In this article, we issue Buy Recommendations on SolarEdge Technologies (SEDG), First Solar (FSLR), and Canadian Solar (CSIQ). Before we discuss these companies, we first present the current context for the solar energy trade. This week, the International Energy Agency (IEA) put out a report on the Global solar photovoltaic (PV) market. The IEA is forecasting a