Canadian Value Investing

Volume was up and breadth improved. Volume was up; and breadth improved. Furthermore, investments into media companies take away cashflows that could be paid out to shareholders. The Fed released the results of stage two of its stress test which addresses the banks’ ability/freedom to pay out capital to shareholders. There are ways to begin investing now that require very little capital and that can produce substantial returns. There is also a risk in a sudden decline in the earnings of the acquirer as their cost of capital would increase. In this scenario not having the money to invest puts you in a better position as it does not cost you anything to get started. Let’s take a look at a few ways you can start making money today. Both gold and silver can serve as hedges against inflation and deflation. The bulls undoubtedly are happy because inflation is nearing the Fed’s 2% inflation objective which they believe to be valid. However, in my opinion, if inflation continues to accelerate, so do the Fed’s problems.

I don’t know the answer; but the risk is it just moves the goal posts on inflation like it did on growth. Majority of online trading platform providers also offer options like telephonic placing of orders or by fax. In addition, the dollar and the long bond continue to trade like a safe haven—confirming somewhat the DJIA’s performance. So bond investors still don’t appear to be concerned about a Fed rate hike today. The major drawback to ETFs for some investors is that they suffer from the same problem that mutual funds, stocks, and other financial instruments have. Bears have to enter big and/or try to be a bit earlier but with a smaller stake. Bottom line: the pin action improved a bit yesterday, though the DJIA’s technical position continues to deteriorate and both of the indices’ 100 day moving averages are rolling over. Again, being up 6 ¼ % on a strong market day is a bit unusual. Perhaps the biggest headline came after the Market close.

The headline item of the day was Sen. The dollar was down one cent, finishing below its 100 and 200 day moving averages (now resistance) and solidly within a short term downtrend and within a developing very short term downtrend—no crack here. The long Treasury was down fractionally for a second day, ending above its 100 and 200 day moving averages and the lower boundaries of a very short term uptrend, its short term trading range and long term uptrend. Gold was down another ¼ %, ending below its 100 and 200 day moving averages and in a short term downtrend. Gold was off ½ %, though it remained above its 100 day moving average for the third day, above its 200 moving average (now support) and in a short term uptrend. The dollar was unchanged, finishing above both moving averages and within a short term and very short term uptrend.

Gold rose slightly, but remained below its 100 and 200 day moving averages and within a short term trading range. At one of the famous chat box in Singapore, some day, I will hear some fellows shouting Long Keppy and on some other day I will hear some people shouting Short Keppy. The first point (paying too much) is very obvious to anyone who has been investing for a while, and is in fact, one key reason some people pursue contrarian-type investing. One goes to stocks or securities (equities), one to real estate and one to guaranteed investments. He made a 250% profit on his first stocks he bought. Trading in UUP, GLD and TLT are back out of sync with themselves (sluggish economy, weak interest rates) and with the VIX and stocks. GLD moved in sync with TLT. GLD investors are apparently more concerned about a rate rise than the bond guys; but part of its poor performance could be impacted by cryptocurrencies.