Is narrowing U.S. breadth a warning sign for investors?
Markets present a nuanced picture. The S&P 500 (SPX) and NASDAQ (NDX) remain near highs, yet U.S. breadth continues to narrow. In contrast, global markets such as the Nikkei 225 (N225) and TOPIX are breaking out to multi-decade highs, with financials providing sustained leadership. Precious metals are also gaining traction, with gold (XAU), GDX, and […]
Global equities: will Japan and emerging markets lead next?
This week, we examine the broadening leadership in global equities and how we’re positioning portfolios to participate. Global markets are gaining momentum, with international leadership strengthening—Japan’s TOPIX 1500 up 37% year-to-date with broad participation (~82% above the 200-day moving average), Singapore up 28% year-to-date, and emerging markets breaking out on a softer USD. We are […]
TSX Tops Records as Tariff Risks Spark Caution
Shifts in breadth, emerging strength in leaders
Markets are shifting beneath the surface, with leadership concentrating in a select group of strong performers. Strategic adjustments this week reflect a focus on resilience while staying prepared for what’s next. Key Points: Breadth Narrowing, but Select Leadership Emerging From last week to this week, 6% of stocks moved from uptrend to downtrend, with a […]
Financials, Industrials, Energy Fuel Market Gains
Broadening Strength: Resources Lead the Way
Energy and materials are fueling market gains, while disciplined sector positioning and strong dividend growth continue to drive portfolio outperformance against benchmarks. Key Points: Resource Producers Showing Leadership Energy and materials stocks, including Imperial Oil and Cameco, are in early stage bull markets with strong price action and rising relative strength. These companies are supported […]
Global Breakouts: Markets, Metals & Bitcoin Gain Ground
Global markets are regaining leadership, with breakouts in the Euro Stoxx 50, Nikkei 225, and TSX driving momentum. Barometer has boosted international equity exposure while leaning into strength in materials, metals, and Bitcoin as key macro hedges. Key Points: Global Markets Regain Leadership Global markets continue to lead, with breakouts in the Euro Stoxx 50, […]
Helping Future Investors Build Confidence and Knowledge
Invested & Connected: Bringing Financial Literacy to Life for the Next Generation Invested & Connected is based on a simple idea: if we give young people basic investing skills and tools, we can help them achieve financial success for life. These sessions provide students with more than just theory. They offer real-world insights and hands-on […]
Top Stock Picks: GE, Agnico Eagle, and Imperial Oil
Strong Q2 Earnings from JP Morgan, Netflix, GE, and Nvidia in Focus
Markets remain steady as earnings from major sectors offer insight into current momentum and evolving market leadership. Key Points: Markets Flat as Investors Await Data and Earnings Equity markets were quiet last week, with small caps under-performing. Investors continue to favor large-cap multi-nationals benefiting from global exposure and a weaker U.S. dollar. Tariffs and Commodities […]