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Tues@11
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Anticipating the anticipations of others
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Buy the Dip
You may be asking - What dip? Last week, I posited the possibility of a shallow dip. We got one - sort of, unsatisfactory as it was. But it did exhibit all the necessary attributes. Sentiment declined sharply. The VIX spiked. Bonds outperformed stocks. Financial fraud made front-page news. All that this correction lacked was magnitude. The market is undefeated when it comes to confounding the consensus. The seasonal weakness was pretty temporary. Earnings are now back in the


De Basement
Having watched prices surge this year, investors might be wondering what gold is saying. Is it higher inflation expectations stemming from tariff-induced price hikes? Is it the threat of regional conflicts spilling over into global wars? Is it the de-globalization of trade creating demand for alternatives from foreign central banks? Is there rampant profligacy of government spending as populist policies expand debt-to-GDP ratios? Answer: a) Yes. ___


Over
This market is so over. I'm not sure what the catalyst is, but the exhaustion phase is here. Canada's most-watched index, the TSX Composite, is the most overbought it has been in the last 20+ years (chart below), relative to the 200 day moving average. So what are you guys waiting for? A bell never rings at the top or bottom. Most turning points creep up on you without warning. XIU ETF % Above 200 DMA Additionally, there is a lack of volume confirmation in conjunction with th


Force-Fed
The third rail of monetary policy, after you have taken care of inflation and unemployment, is financial stability - or lack thereof. It...


Trickle Charge
A battery left unattended will deplete its charge unless it is attached to a device known as a trickle charger. Providing a small amount...


Brass in Pocket
Alloy: when two metals are brought together to form a composite, like copper + zinc = brass Brass in Pocket: a British slang term for money in your pocket So another one bites the mining dust. Having watched the Canadian mining industry for over 40 years, one thing is clear - we will never have a Canadian-controlled global mining champion. After once declaring "Canada is not for sale," Norm Keevil is throwing in the towel, just like so many Canadian mining managers before him


Beachhead
I'm baaack! Tuesday at 11 is alive and well despite reports to the contrary. I had an eventful summer that included a 300-nautical-mile...


Ticking Taco Bomb
Trump has a taco problem, and any bouts of indigestion will not be pleasant. Wall Street is all abuzz with his latest label, intimating...


IVE Got a Friend
For Apple fans, this week has been horrible. U.S. sales have plateaued, China sales are down 17%, and DJT threatened to slap tariffs on...


Sugar Highs
Tariffs, however sugar-coated, are still tariffs. If we are seeking to anticipate others' expectations, I guess this stock market rally...
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