SYNOPSIS
Which style are you? I think there’s some of both in each of us, but let’s hope that the thinker style is the largest percentage. The media play up the hysteria to confuse us.
Last week… There’s been even bigger declines this past week than the week before. It’s not surprising that US stocks dropped more, with Trump’s continuing idiocy.
PTP… Our PTP APAR score pulled back over the past week while the S&P/TSX Composite Index and S&P 500 APARs turned even more negative.
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Investor Confidence… The Global Investor Confidence Index (SSICI) increased to 79.5, up 6.6 points from April’s revised reading of 72.9.
As usual we provide more detail on the regional ICI’s in the complete Investor Confidence section of TrendWatch Weekly. We also question how smart the so-called “smart money” really is.
PTA Perspective… How Worse Can It Get? A Lot Worse!
This week we do a quick review of the ups and downs of the equities markets over the past few years. We don’t claim any competence in predicting downturns will last, but we can show you that conditions can get much worse than they are now.
Cannabis Corner… Cannabis stocks have been on the decline with the general markets, only more so. Only 2 out of 14 stocks in our “Billionaire Club” (based on market cap) have positive trends at this time. More details in this week’s coverage of that thematic sector.