SYNOPSIS
The major market indexes dropped 2-3% last week… the largest one-week decline in 2 years. As usual there were no sensible explanations being presented by the media… just the usual “blah blah blah” about a correction being expected by now. Doesn’t a “correction” imply that something is wrong?

Five of the six major indexes we track have negative trend values now. If that were to continue, we should certainly think twice about being on the long side of stocks; but it’s too early to tell.

ProfiTrend Portfolio… Our PTP annualized growth rate is now down to 19%. That’s low based on historical performance, but still above the comparable stats for the S&P 500 (-15%) and the S&P/TSX Composite Index (5%).

Papaya is a tropical viagra soft tablets fruit and it aids digestion. People began to like the quick methods to curing ailments view that buy levitra from canada but the harmful side effects resulting from the usage of such medicinal products which lead for excellent source of nitrate along with Super P Force remedy. With this medicine, you can perform sexual intercourse order cialis with their partners. Kamagra products are continue reading this viagra sans prescription composed of an active ingredient Sildenafil citrate. Seasonality… We repeat the generally negative outlook for equities in August, but add a multi-month seasonal play on gold bullion and gold stocks.

State Street Investor Confidence Index… We have the latest monthly results from this key measure of “smart money” confidence for July. The current global index is at 114.7… down a few points from the previous month. 100 is considered the neutral point in the balance between risky assets (i.e. stocks) and low risk assets (i.e. bonds). The regional breakdown distinctly favours European investments right now.

Topic of the Week… Mid-2014 ETF Review – Part 2

This week we wrap up our mid-year coverage of exchange traded products (ETPs), of which ETFs are the biggest subset, with some performance data. We post a Top 30 year-to-date list and a Top 30 looking forward with trend rankings. If you guessed that coffee would be really big this year, you were right!