There are records, and then there are records. Wall Street might be excited about the NASDAQ, Dow Jones Industrial Average, and S&P 500 hitting record levels, but the biggest American stock market indexes have nothing on the TSX. Not only is the TSX at record levels, but Canada’s main stock index recently climbed for a […]
We often talk with people who are frustrated because they are not achieving the results they want from their investments. Maybe it’s taking longer than they thought it would to see the account balance they want. Or they are still searching for the best investment, the right market or the right stock to buy. Sometimes […]
22
Oct
Oct
All of the major North American indices are in or near record territory. One of the best performing is the TSX. Since the start of October, the TSX has rallied 4.6% and crossed the 21,000 threshold for the first time ever. And despite the slight pullback in energy stocks, the TSX has notched up 10 […]
20
Oct
Oct
A year ago, companies were being gutted by the coronavirus lockdowns and companies were reigning in spending. Today, companies on the TSX and S&P 500 are reporting robust earnings and revenue growth. It wasn’t supposed to be this way, third-quarter earnings were expected to be hit by headwinds from inflation, an uneven economic recovery, the […]
13
Oct
Oct
What a difference a year can make. During the depths of the coronavirus-fuelled stock market crash, crude oil prices traded and settled in negative territory, plunging to -$37.63 a barrel on April 20. Fast forward to September 2021, and crude oil prices are at their highest levels since 2014, near $77.50 per barrel. Analysts are […]
06
Oct
Oct
September is historically the worst month for stocks, when the Nasdaq, Dow Jones Industrial Average, and S&P 500 typically perform the worst. September 2021 was no exception, but this time it was worse than normal. If history is any indicator, it looks like investors could be in for the same in October. How Will Stocks […]
29
Sep
Sep
The TSX, Canada’s main stock index, which tracks about 250 Canadian companies, has been ripping higher in 2021, up roughly 17% year-to-date. While the strong gains still lag the S&P 500, which is up 37% in 2021, the TSX is poised to rally considerably higher over the coming months as major market headwinds have mostly […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the September market conditions. As we move towards the end of September, we are seeing some weakness across the board as investors grapple with the risk of the new Delta Variant and what that might mean for the global recovery. Prices in […]
22
Sep
Sep
Canadian inflation continues to run at breakneck speeds; it’s highest level in 18 years. Even though economists tell us it’s only temporary, it’s taking a big chunk out of our spending and putting a dent in our standard of living. Higher inflation is also bad for stocks because it makes borrowing more expensive and reduces […]
14
Sep
Sep
Historically, September is the worst month for stocks when the market’s top three indexes typically perform the poorest. It’s referred to as the September Effect. Aside from seasonal behavior, there’s really no rhyme or reason for the poor performance. But this fall, stocks could struggle even more as a series of economic headwinds could put […]
