Suffice it to say, 2020 was a volatile year for stocks. We actually warned readers in early February that the coronavirus could spark a global recession. We were, unfortunately, right. Stocks plunged, with the S&P 500 slipping 34% in the first quarter. Despite ongoing fears about how COVID-19 would affect the global economy, stocks climbed […]
Category Archives: Blog
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the December market conditions. The Canadian and U.S. stock markets experienced some wild swings ahead of the U.S. election as investors hoped for the best, but anticipated the worst for the election outcome. The Biden win was a clear catalyst for the […]
30
Nov
Nov
Canadian and U.S. stocks and global equities are trading near record highs and just had their best November ever. Investors are increasingly optimistic following word that COVID-19 vaccines will be available soon, that Joe Biden won the U.S. presidential election win, and that his administration will provide not just political stability, but will also provide […]
24
Nov
Nov
Why Are Marijuana Stocks Doing So Well after the Election? Before the U.S. election, President Donald Trump warned that if Joe Biden won the November election, he would plunge the country into a depression and the stock market would crash. That didn’t happen. In fact, it appears as though Wall Street is quite content with […]
03
Nov
Nov
The Canadian economy was sluggish before it was hammered by the coronavirus pandemic. While the Canadian economy was expected to rebound quickly after the country went into lockdown this past spring, the second wave has burst that bubble. It now looks as though the country’s economic rebound will take a lot longer than expected. When […]
In this month’s market review, our Chief Options Specialist, Jason Ayres, reflects on the October market conditions. Markets continued to trend upward through Q3 in what is now considered a “K” shaped recovery. Tech industries continued to trend upward, while hospitality and tourism continued to depress. October was choppy for all three of the major […]
30
Oct
Oct
The stock market has been surprisingly resilient in 2020. Despite a stock market crash in March and the September sell-off, the S&P 500 is up 12% year-to-date, while the Nasdaq is up more than 27%. That said, ongoing uncertainty and volatility has led some to suggest the stock market correction that began in September is […]
27
Oct
Oct
The U.S. election is less than two weeks away, and investors around the world are wondering what will happen to the stock market if President Trump is re-elected or if Democratic presidential nominee Joe Biden wins the U.S. presidential election in November. President Trump has said many times over the last number of months, that […]
20
Oct
Oct
Since the start of 2020, the stock market has experienced two major pullbacks. In February and March, the coronavirus-fuelled sell-off resulted in the stock market crashing 30%. By August, the stock market had erased all of those loses and reached a new record. In September though, stocks experienced another sell-off, this time cratering a more […]
13
Oct
Oct
Normally, economic news or financial results help stocks rise or fall. In this age though, all it takes to send the markets tumbling or soaring is a tweet or two from U.S. President Donald Trump. North American stocks have been rising and falling based on President Trump’s seemingly contradictory tweets regarding an economic stimulus plan […]
