The markets were mixed last week, after two particularly strong weeks Dec 16-27. The Santa Claus Rally kicked in full-force. We hope everyone benefitted from this extra Xmas bonus.
As for last week, all of the major indexes retreated a bit, but small caps started rising right on cue for this time of year. The S&P/TSX Venture Index rose 2.8%, and the S&P/TSX SmallCap index was up 0.6%. All of the other indexes turned in negative results week-over-week.
People with significant heart problems, such as cialis 20 mg devensec.com heart failure, a general term for this condition. Over masturbation cheap viagra order severely affect the intimate relations. The effects are typically mild to moderate and they don’t discuss these online viagra issues with anyone even with doctors. Lifting weight is buy tadalafil cheap said to be the bets way to lose weight while building muscles. After taking the ProfiTrend Portfolio to a near fully-invested position (only 9% cash), we stayed on the sidelines through the past two weeks to wait for the profits to roll in from a Santa Claus Rally. They did!
Topic of the Week… 2013 Review
While we normally prefer to be forward-looking, it’s that time of year to reflect back on 2013. It was a particularly good year for equities investors, especially if you chose US stocks over Canadian equities… something we’ve been advocating all year. So this week we start walking you through the details.
State Street Investor Confidence… The latest data for the month of December are presented. While there are improvements in the outlook for equities overall, European stocks appear to be the most attractive to institutional investors.
Seasonality… The Santa Clause Rally/January Effect has become more complicated than it once was, with plenty of room for alternative interpretations. We unravel the confusion for you, and highlight the best opportunities for January from a probabilistic perspective.