Feb 26
(Available on Twitter) TSX Composite Index versus the S&P 500 Index Brooke Thackray recently completed a study showing that the TSX Composite Index tends to outperform the S&P 500 from near the end of February to near the middle of March. Following are the charts: TSX versus S&P 500 in February 1985-2009 TSX versus [...]
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Feb 26
Pre-opening Comments for Friday February 26th U.S. equity index futures are mixed this morning. S&P 500 futures are unchanged in pre-opening trade. Index futures did not respond significantly to the second estimate of fourth quarter GDP. Consensus was growth at an annualized rate of 5.7% versus the initial estimate of 5.7%. Actual was growth at [...]
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Feb 25
Pre-opening Comments for Thursday February 25th U.S. equity index futures are lower this morning. S&P 500 futures are down 10 points in pre-opening trade. Index futures are responding to growing concerns about the security of Greek debt. Standard and Poor’s and Moody’s placed their debt rating on Greek debt on a Watch list with negative [...]
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Feb 24
Pre-opening Comments for Wednesday February 24th U.S. equity index futures are slightly higher this morning. S&P 500 futures were up 1 point in pre-opening trade. Slight weakness in the U.S. Dollar contributed to strength. Commodities priced in U.S. Dollars including copper and crude oil moved higher. Investors are waiting for Federal Reserve Chairman Ben Bernanke’s [...]
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Feb 23
Cameco Corporation (also CCO on the TMX Exchange – $29.81) has several interesting investment characteristics: It recently entered into a period of seasonal strength from January 21st to June 5th. The trade has been profitable in 10 of the past 10 periods. Average gain per period was 21.7%. It’s not too late to enter [...]
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