SYNOPSIS
All major indexes ended lower last week. The trends for Canadian small caps (S&P/TSX Small Cap Index and S&P/TSX Venture Index) remain negative. Nasdaq continue to perform best within our six-pack of benchmarks.
ProfiTrend Portfolio… Our PTP annualized growth rate is now at 45%, down four points from the previous week. That compares with -10% for the S&P 500 and -32% for the S&P/TSX Composite Index.
Seasonality… We begin a discussion of what October has in store as far as calendar effects go.
Moreover, the purchase cialis on line parents would be able to impart that the same amount of confidence they enjoy while they drive. In the cheap viagra in usa browse around content United Kingdom, many men suffer from this condition. price for viagra http://icks.org/n/data/ijks/2017-6.pdf Another best thing about this approachable medicine is concerned with its different dosages. They may want to avoid the guilt of infecting cialis soft order their beloved partner.
State Street Investor Confidence Index… We include the September results which are just in. The current global index up to 123.9 in September, up 3.8 points from August’s revised reading of 120.1. 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 continues to favour European equities, contrary to popular opinion. Note that this runs contrary to everything you’ll see below in terms of shorter-term outlook.
Topic of the Week… Is Shorting Stocks Part of Your Investment Strategy? Maybe It Should Be!
As the majority of stocks are now trending lower, it’s time once again to ask yourself this question… “Do I stay in cash on the sidelines, or do I try to profit from some consistent downward trends?” We review the process, the risks and the rewards of selling other people’s stocks now and replacing them them back at a lower price if current trends continue.