How Will Divided U.S. Midterm Results Affect Stocks?
Gridlock in Washington Is Actually Good for Stocks The November mid-term elections south of the border was supposed to usher in a blue wave, instead, it was more of a puddle. Still, Democrats took control of the House and Republicans extended their hold on the Senate. For investors, a split Congress is a best case…
Stock Market Sell-Off Erases Annual Gains: Could This Correction Lead to a Bear Market?
The stock market has been choppy to say the least, with the S&P 500 having lost nine percent of its value. The index has also erased virtually all of its gains in 2018. Many investors are wondering if this is a short-term correction or if a Bear Market is just around the corner. Should investors…
Now That Cannabis Is Legal in Canada, Marijuana Stocks Have to Prove Themselves
Adult recreational marijuana use is now legal in Canada. While Canadian cannabis stocks have hogged much of the spot light in the lead up to October 17, 2018, they now have to prove they’re worth the hype and sky high valuations. Not all weed stocks are created equal, some have better long-term potential than others.…
Booming Tech Stocks Masking Hidden Bear Market Lurking within S&P 500
The S&P 500 is on a tear and more and more investors are pouring into the market, afraid to miss out on additional gains. But there is more to the S&P 500’s record run than meets the eye. Technology stocks are doing well but there are dozens of one-time bellwether stocks that are in bear…
Tracking the Top Canadian Recreational Marijuana Stocks
On October 17, 2018, Canada will make history when it becomes the first industrial country to legalize the recreational use of marijuana. Because the untapped recreational pot industry is projected to be worth billions and industry growth is expected to trounce the broader markets, investors have been looking for the best marijuana stocks to invest…
A Tale of Two Economies: Blistering U.S. Economy Adds Jobs, Ailing Canadian Economy Sheds Jobs
The Canadian economy is entwined with the U.S. economy, but the two economies are not exactly going in the same direction. Recent economic data shows that the U.S. economy is red hot, while the Canadian economy is slowing down; and the worst is yet to come. U.S. President Donald Trump has said that if Canada…
Stocks Continue to Soar but Risks Could Derail Record Bull Market
Stocks are soaring and the 10-year old bull market is the longest on record. In fact, the party on Wall Street ranks as one of the greatest bonanza’s in U.S. stock market history. While the Nasdaq and S&P 500 are at record highs and the U.S. economy continues to chug along but there are a…
Rebounding Canadian Economy Points to Even More Rate Hikes in 2018
Inflation and Retail Sales Up…So Are Chances of a Rate Hike Canada’s economy rebounded in the second quarter with inflation and retail sales beating analyst expectations. Stronger data on the Canadian economy will certainly increase the chance the Bank of Canada will raise its key lending rate when it next meets in October. While this…
As Fears of a Global Trade War Ramps Up, Investors Look for Best Places to Park Their Money
The global trade war initiated by U.S. President Donald Trump is ramping up. On July 1, 2018, the U.S. began imposing a 25% tariff on Canadian steel and 10% tariff on aluminum. President Trump has also slapped China, Russia, Mexico, and the European Union with imposing tariffs. So far, each country has retaliated tit-for-tat, but…
More Than 1,000 Cryptocurrenices Have Failed in 2018 and Most Investors Don’t Understand the Risks
As More Cryptocurrencies Fail, Few Understand the Risks The cryptocurrency market has been one of the fastest growing sectors over the last couple of years, with Bitcoin, Litecoin, and Ethereum hogging most of the spotlight. With any new industry, there are going to be growing pains and it’s important for investors to understand the risks…