The Bottom Line
The “Buy when it snows, Sell when it goes” strategy has started to work once again. Overbought intermediate technicals suggest that magnitude of an advance between now and year end is likely to be muted, but positive. Accumulation of broadly based equity index ETFs as well as sector ETFs with favourable seasonal characteristics makes sense during the next few weeks (particularly on any weakness). Sectors with favourable seasonal influences at this time of year include Information Technology, Consumer Discretionary, Industrials (including Transportation), Canadian Financial Services and Basic Materials.
….go HERE to get extensive analysis and ove 45 Chart and of the more interesting and profitable seasonal trades at this time of year historically has been a trade in Canada’s Financial Services sector. Will the trade work this year?
Editor Note: Highly recommend that you take this monday morning visit to this Don Vailoux monday report where he analyses an astonishing 40 plus Stocks, Commodities and Indexes.
Don Vialoux has 37 years of experience in the Investment Industry. He is a past president of the Canadian Society of Technical Analysts (www.csta.org) and a former technical analyst at RBC Investments. Now he is the author of a daily letter on equity markets available free on the internet. The reports can be accessed daily right here at www.dvtechtalk.com.
Impossible! That’s what institutional investors say about “Timing the Market”. Mr. Vialoux will explain that, indeed, it can be done with the appropriate analysis. He also will explain why timing the market will be important during the next decade. Buy and Hold strategies are not working anymore; Investors are looking for alternatives. Mr. Vialoux will demonstrate four techniques that can be used to time intermediate stock market swings lasting 5-15 months. The preferred investment vehicles for investing in intermediate stock market swings are Exchange Traded Funds.
Comments in Tech Talk reports are the opinion of Mr. Vialoux. They are based on technical, fundamental and/or seasonal data that is believed to be accurate. The comments are free. Mr. Vialoux receives no remuneration from any source for these services. Comments should not be considered as advice to buy or to sell a security. Investors, who respond to comments in Tech Talk, are financially responsible for their own transactions.