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

We Are The Watchdogs

“Notre maison brûle, et nous regardons ailleurs. Nous ne pourrons pas dire que nous ne savions pas” (Our house is burning, and we choose to look away. We will not be able to say that we did not know) These words were pronounced by the late French President Jacques Chirac in 2002 during the 4th

These Companies Will Boost Your Portfolio Performance… And Your Morale

Global companies' performance on environmental, social, and governance (ESG) issues is rapidly becoming more critical to their competitiveness, profitability and share price. We are writing this commentary and re-orienting our own investment philosophy, because we profoundly care about environmental issues. We can also get onboard with the social and governance aspects of ESG investing because,