David Burrows’ Market Outlook – July 18, 2018
David Burrows, president of Barometer Capital Management, shares his outlook for the markets on BNN Bloomberg, with a focus on North American large caps. The complete sequence in eight parts. Part 1: Is the U.S. market being dragged higher by the tech stocks? Part 2: David’s opinion on Stanley Black & Decker and how he […]
Big bounce higher in U.S. stocks ahead
If you’re turning cautious on the U.S. equity market you’re making a big mistake, according to David Burrows, President and Chief Investment Strategist at Barometer Capital Management. He sees the potential for a rise of 15 to 20 per cent in the U.S. market over the next nine to 12 months.
Did Canada Make the Right Call on Aecon?
David Burrows, President & Chief Investment Strategist, Barometer Capital Management Inc., shares his views on the Canadian Government blocking the takeover of Aecon.
Equity Bull Market Life Expectancy – Bounce or Continuation? $SPY
Much has been made of the late January equity swoon and whether the bounce from the February 9 lows is sustainable. From the rising 200day moving average and the overnight S&P500 futures lows from the previous Monday night equities have rallied sharply. Since then, almost immediately, the four key short term breadth indicators Barometer uses […]
Correction, or something more sinister? $SPY $TLH
As of the close yesterday, the S&P500 has pulled back 7.8% from highs reached one week ago. Internally at Barometer the week before last we were discussing the extent that the market had become extended above its longer term moving averages and the possibility that we could see correction. As a potential trigger, we noted […]
Financials Re-Accelerate – 2 Minute Video
What can be gleaned from yesterdays move higher in financials as it relates to forward looking returns. $XLF $IAI $KBE $KCE