Another Strike Against Canadian Dollar As the Public Sector Continues to Lead Job Growth

(This is an excerpt from an article I originally published on Seeking Alpha on May 15, 2013. Click here to read the entire piece.) Friday’s employment report from Statistics Canada demonstrated once again how the public sector is leading the way in job growth in Canada: {snip} So, jobs in the private sector are stagnant, … Read more

Weakening Trend Likely Ready To Resume for Canadian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on April 21, 2013. Click here to read the entire piece.) On April 17th, the Bank of Canada decided to leave interest rates unchanged. In its Monetary Policy Report Summary, the Bank of Canada extended out its forecast to mid-2015 as the … Read more

Bear Market: Nikkei-Style

(This is an excerpt from an article I originally published on Seeking Alpha on June 7, 2013. Click here to read the entire piece.) {snip} Notably, this retracement erases almost all of the stock market gains from the Bank of Japan’s announcement of aggressive monetary policy in early April called “Introduction of the “Quantitative and … Read more

T2108 Update (June 6, 2013) – Predicted Bounce from Quasi-Oversold Conditions

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more