While the rally that started 2023, and the year end rally got plenty of news, the start of 2024 has quietly rallied. Year to date, the three American indexes have climbed into positive territory for 2024 after an uneven start to the year. So far, the technology driven Nasdaq has already surged 4.7%, the S&P […]
Tag: ksi
Weekly Update for the week ending February 24, 2023
Items that may only interest or educate me …. Canadian CPI, landings, Canadian deficit, a bunch of US data … The Canadian Consumer Price Index (CPI) dropped to 5.9% on a year over year basis but rose by 0.5% compared to December. Economists had anticipated 6.2% and 0.7%, respectively. The main driver of inflation was […]
The week ending October 28, 2022
Items that may only interest me …. More interest rate hike news, a reversal of fortunes for the Energy and Technology sectors, the city of tomorrow, and lucky investing In Canada the Bank of Canada (BoC) hiked its benchmark interest for the sixth time this year, this time by 0. 5%, bringing the Canadian benchmark […]
The week ending May 13, 2022
If the markets were Clubber Lang, their prediction for 2022 would have been “Pain!”. And so far, pain it has been with the S&P 500 off to its worst start to a year since 1939. Over $10 trillion has been erased from American stocks alone. The Nasdaq Composite Index alone is down 25% in 2022 […]
The week ending April 1, 2022
Have you ever had one of those weeks where things just seem to go your way? The past week was one such week for me. I made three trades during the week, triggered by a busted thesis and a book. Let me explain. Trade 1: I purchased shares in a Special Purpose Acquisition Company, Social […]
The week ending March 18, 2022
March 14 – March 18, 2022 It was an ominous start to the week when the Nasdaq 100 Index closed in bear market territory (down more than 20% from its peak in November). It was the first time in three years that any of the US Indexes had fallen into a bear market. Heck, even […]