The market can be a cruel place. Rising interest rates have hammered the stock market this year – tech stocks in particular, which become less attractive when interest rates go higher. The technology heavy Nasdaq Composite Index has fallen nearly 15% so far this year and fallen into a correction, wiping out nearly $3 trillion […]
Monthly Archives: January 2022
The week ending January 21, 2022
Yes Virginia, the market does go down. After nearly two years of relentless gains, this week we were reminded that share prices, even those of the biggest companies, do in fact go down. If you started investing after the start of the pandemic, then welcome to the ‘exciting’ part of investing. Friday capped a dismal […]
The week ending January 14, 2022
One of the things I look for in a company is a loyal customer base. The type of customers that will sing the praises of the company no matter what, that will pay a premium for the product, and will line up for hours to get the latest product from the company. One such company […]
The week ending January 7, 2022
January effect: the belief that markets rise more in January than in other months. This belief is likely fuelled by the optimism of a new year, additional cash available thanks to money raised through tax loss harvesting to offset capital gains and the resulting lower share prices, and Christmas/end of the year bonuses. Its hard […]
The week ending December 31, 2021
Many of the institutions and brokerage houses took the holiday week off. With most of the professionals taking the week off, the markets were let to retail investors, also known as us amateur investors. As a result, the trading volume was considerably less than normal causing share prices to be more erratic. While December was […]