Equity Markets Continue to Demonstrate Strength

Published by Michael Farrell, Chartered Investment Manager on Jun 13, 2018

As we move into the summer months when stock markets can experience some lazy days, we continue to see equity stock markets move ahead in a number of areas.......Continue reading ... Continue reading

Has Anything Changed?

Published by Michael Farrell, Chartered Investment Manager on Apr 17, 2018

We saw the volatility increase significantly in the month of February following some very good earnings reports from many Corporations. As a result, there was some significant downside movement in many... Continue reading

Risk Levels Continue to Rise

Published by Michael Farrell Chartered Investment Manager on Mar 27, 2018

After a year of extraordinary low volatility as defined by the VIV index or the volatility/fear index, we see the VIX move back up to the 26 level on Friday March 23, 2018 as the US stock markets look... Continue reading

A Pause that Refreshes?

Published by Michael Farrell, Chartered Investment Manager on Feb 20, 2018

As we discussed earlier this month, it was a very quick reversal down in the BPNYSE from the 70% level to 46% in a matter of a couple of weeks. Within a week we see a reversal back up above the 50% level....continue... Continue reading

Opportunity or Otherwise

Published by Michael Farrell, Chartered Investment Manager on Feb 13, 2018

It was a discouraging week any way you slice it. We continued to see the deterioration of the BPNYSE as it reversed below the 50% level to end Feb 9 at 45.9% - another 5.5% slide for the day. This breadth... Continue reading

Volatility has Returned

Published by Michael Farrell, Chartered Investment Manager on Feb 06, 2018

After an extremely strong January and a very good 2017 for the US and international stock markets, all of a sudden we see a fall-out in the US stock market. Thoughout 2017 there was very little volatility... Continue reading

The Main Coach is Back on Offence

Published by Michael Farrell, Chartered Investment Manager on Oct 06, 2017

If you have been following this blog for any period of time, you will notice that I spend a lot of time discussing what the Bullish Percent indicator is doing for a recogonized stock exchange or index.... Continue reading

Global Tensions Have Increased

Published by Michael Farrell, Chartered Investment Manager on Aug 10, 2017

As we listen to global tensions increase in the global markets, I find it helpful to review our Point & Figure indicators to see what is changing. The US stock market as measured by the S&P 500 moved ... Continue reading

Is the Toronto Stock Market Having a Summer Sale?

Published by Michael Farrell, Chartered Investment Manager on Jun 16, 2017

The Global Stock markets have had a very good start to the year with Toronto's TSX being one exception. The TSX had an excellent 2016 and ultimately made a new high in February 2017 at around 15,900..... Continue reading

The Global Stock Market Advance Continues

Published by Michael Farrell, Chartered Investment Manager on Feb 13, 2017

Since the US presidential election in early November, global stock markets have continued to improve and move ahead which is contrary to what one may have expected. US President Donald Trump has......... Continue reading