Trader’s Narrative

As the market races to the bottom, corporate insiders are racing right along buying with both hands. For the past four weeks, insider activity as monitored by InsiderScore, corporate executives and board members have been in what can only be described as a buying frenzy.
According to InsiderScore, “insiders are more bullish now than at any […]

There are very few moments in market history when absolutely everything is being sold: stocks, bonds, commodities, REITs, etc. We are going through one of these rare times right now and it can be gut wrenching. Forced liquidation in a bear market can be so brutal, it makes surviving to be able to take advantage […]

According to a recently released Global Competitiveness report from the World Economic Forum, Canada has the “soundest” banking system in the world.
With runners up being:
Sweden, Luxembourg, Australia, Denmark, Netherlands
And coming in third:
Belgium, New Zealand, Ireland, Malta
The United States? Ranked 40th. Zimbabwe? 122nd.
The methodology for the results isn’t all that clear but it was based on […]

Way back at the end of April 2008 I mentioned that I was skeptical about the ability of Canadian fertilizer giant, Potash (POT) to be able to continue the heady pace it had kept for the past few years. I compared the stock rise of Potash to Nortel during the tech bubble and said:
The problem […]

The markets are melting, banks are having epileptic seizures, the credit market is frozen solid… and short selling suddenly is illegal, so where are you supposed to hide out? Are there any safe harbors in which to weather the storm?
Something that has been working for me (so far) is Canadian REITs. In almost any crisis […]