Trader’s Narrative

Moving averages are one of, if not, the first indicator that people are introduced to. They are simple to calculate, simple to understand and they seemingly smooth out the price on a chart, painting beautifully rounded hills and valleys. Most plot them right on the price chart and use them to show areas of support […]

While most of our attention is raptly focused on the current upturn in the equity market, a massive, stealth bull market has been ongoing for a few years, right under our very noses. I’m referring to the uranium market of course. You never hear about it on CNBC and you never read about it on […]

It’s been a while since I mentioned Canadian REITs so here’s a quick recap of what is going on in this sector of the Canadian markets. Eventhough this is a trading blog, I look at income investing once in a while because I think its smart to sweep your trading earnings into relatively safe investments […]

Just a few days ago Telus announced that they were converting their legal structure from a corporate one to an income trust. This was yet another of a string of smart moves by Telus’ management. Their $800 million tax loss will be all used up and by converting to a trust they transfer the tax […]

After the close of the market on August 30th, right out of the blue Summit announced that it was being taken over by ING for their ING Industrial REIT Fund (Australia). The buyout offer is for an 18% premium to the market close which is quite respectable. ING is buying the whole thing but will […]