Barometer Readings,
Market Updates
as they happen
Weekly Webinar Series with Special Guest Leland Miller – Wednesday May 13th at 4PM EST
Weekly Market Update (Video) – May 6th 2020
Weekly Market Update (video) – April 29th, 2020
Barometer Q1 2020 Commentaries
Barometer Video Readings with David Burrows & Jim Schetakis
How to find stocks that will lead during uncertain times
Barometer Video Update with David Burrows
Update
Good afternoon,In our continued effort to keep you updated regarding the markets and our portfolio positioning we have provided this summary for those who missed the update video from David Burrows last week. Additionally the video link can be found below (best...
Barometer Readings
http://youtu.be/0_uWDBi9wh8
Barometer Readings
Market Thoughts + Portfolio Updates Defence, Defence, Defence... In our last note, we highlighted that if market conditions continued to weaken, that investors could expect the Barometer Investment team to execute on its step by step process to reduce exposure. The...
David Burrows BNN Bloomberg Market Call Tonight | February 12, 2020
David Burrows BNN Bloomberg Market Call Tonight | February 12, 2020
David Burrows BNN Bloomberg Market Call Tonight | February 12, 2020
https://youtu.be/QQdGze5qPoA
Diana Avigdor on BNN Bloomberg The Close | December 2nd, 2019
https://youtu.be/HwsbuC5mFX8 Diana Avigdor, portfolio manager and head of trading at Barometer Capital Management, discusses how her investment strategy this December has changed since last year at this time.
Full Episode: Diana Avigdor on BNN Bloomberg The Close | November 8, 2019
Diana Avigdor, portfolio manager and head of trading at Barometer Capital Management, talks about the events that traders are watching to move markets in the week ahead.
David Burrows Barometer Readings (16-Minute Video) | October 16, 2019
Does seasonality work in 2019? Market signalling... Confirm or deny... Barometer Readings presented by David Burrows, President and Chief Investment Strategist at Barometer Capital Management. Learn more about investing with Barometer At Barometer, we always keep a...
Full episode: Diana Avigdor on BNN Bloomberg The Close | October 7, 2019
Earnings estimates low for Q4 and planning for volatility spikes. Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management
David Burrows Barometer Readings (10-Minute Video) | September 6, 2019
Resolution? An Important week for both the bulls and the bears... Implications for all. Heading into fall, it's back to work for investors and change is afoot. A short follow-up video to last week's edition of Barometer Readings, presented by David Burrows,...
David Burrows Barometer Readings (21-Minute Video) | August 2019
As we move through typical summer volatility, our work continues to be constructive and points to another leg higher. David Burrows, President and Chief Investment Strategist at Barometer Capital, provides an overview of August 2019. Learn more about...
Full episode: Diana Avigdor on BNN Bloomberg The Close | Thursday, August 8, 2019
China-U.S. Tensions and The Markets, The Runaway Market in Gold, Canadian Equities Performance Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management
Full episode: Market Call for Tuesday, August 6, 2019
The unloved bull market and the shake out. The hardest thing in a bull market is to stay invested. David Burrows, President and Chief Investment Strategist at Barometer Capital Management answering callers questions on North American large caps, live on Tuesday's...
David Burrows Barometer Readings (15-Minute Video) | July 2019
Economically Sensitive Sectors Accelerating vs. Over-owned Defensives Implications for market leadership in the second half and crowded consensus portfolio positioning. David Burrows, President and Chief Investment Strategist at Barometer Capital, provides market...
Wrapping up the Trading Day with Diana Avigdor on The Close, BNN Bloomberg
Market Insights Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management, wrapping up the trading day on The Close, BNN Bloomberg
David Burrows on BNN Bloomberg Market Call
The Week in the Markets | Market Insights
Diana Avigdor on BNN Bloomberg The Close | May 23
David Burrows Market Update | May 27, 2019
Volatility has Remained Muted Throughout May Our view is that we continue to be in a secular bull market which began in 2013. After experiencing a large correction in late 2018, the recovery experienced in 2019 has been strong. After making new all time highs we have...
Digital Payments | Barometer Readings
Digital Payments: Paper to Plastic to Mobile by Adam Jacobson, Senior Research Analyst at Barometer Capital
Regarding the Latest Trade News from May 5
A Message from David Burrows With the overnight news on China impacting markets, it's worth reviewing the current market positioning. I have always found that it is not the news that is most important, but rather the way the market reacts to news and the backdrop that...
Is the Long Running Bull Alive and Healthy?
Is the Long Running Bull Alive and Healthy? A Market Video Update with David Burrows Through the first quarter of 2019, the equity bull market has re-established its strength and the leadership themes dominant in 2016 through early 2018 have resumed. The...
Diana Avigdor’s Market Insights | March 4, 2019
Diana comments on the Recent Market Sell-Off and More "Investors should be very happy year-to-date." Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management Inc. gives her take on the current market on BNN Bloomberg's The...
David Burrows Market Update | March 1, 2019
So Far We Are On Plan: What's Next? (16-minute video) Short-Term Indicators Provide for an Optimistic Outlook David Burrows, President and Chief Investment Strategist at Barometer Capital, explores the market activity and outlook as we enter the third month of 2019....
What is Quantitative Analysis and How Can it Work for You?
David Burrows, President and Chief Investment Strategist at Barometer Capital, appeared on BNN Bloomberg to share his thoughts on the use of quantitative analysis in the investing world and how it can work for you. "When we talk quantitative analysis, basically what...
Where Do Stocks Go from Here?
Diana Avigdor on BNN Bloomberg, 22 Jan 2019 "We have been through a period of extremes." Diana Avigdor, portfolio manager and head of trading at Barometer Capital Management, with her take on the current state of the markets. There is some consensus out there now that...
Why U.S. Corporate Earnings Growth is Expected to be Lower for Q4 2018
With the Q4 2018 U.S. earnings reporting season getting underway, it’s important to keep a couple of things in mind as companies begin to report. Growth rates are expected to be lower in Q4 2018, but this makes sense given that the 20+ per cent results that we saw...
Bull Market Correction or Bear Market?
New information may help to asses what is happening with current markets (12 minute video) David Burrows, President and Chief Investment Strategist at Barometer Capital, explores the current market and the differences between a bull market correction and a bear...
Diana Avigdor’s Market Insights | 9 January 2019
Information flows through prices and markets much faster than ever before "All the market wanted to hear is that the Fed is data dependent" Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management Inc. gives her take on the...
As we approach year-end, Diana Avigdor shares her market insights
Diana Avigdor shares her views on what has been "a tough couple of months" and what is happening now. The market may be moving away from fundamentals and more into risk management. So what does it mean when the market's quiet? Watch this four-and-a-half-minute video...
David Burrows on the unusual simultaneous decline of stocks and bonds
David Burrows, President and Chief Investment Strategist at Barometer Capital, appeared on BNN Bloomberg today to share his thoughts on the unusual and "unnerving" simultaneous decline of stocks and bonds. Stocks and bonds this year have done something they don't...
David Burrows’ Market Update for November 22, 2018
“Are we in a bull market correction?” (10 minute video) Barometer’s President and Chief Investment Strategist, David Burrows, with a market update In this video, David addresses the question: are we in a bull market correction, or is this morphing into a bear market?...
David Burrows’ Market Update, November 5, 2018
“What's on the other side of the wicked season.” (six-minute video) Barometer’s President and Chief Investment Strategist, David Burrows, with a short-term market update Some of David's key points include: Following a “wicked” down month, we saw the percentage of...
Will the Market Rebound be Sustainable?
Diana Avigdor, Head of Trading at Barometer Capital, weighs in on the recent market activity. Will the market rebound be sustainable? "It requires more than one-and-a-half days of rally to correct the carnage we have seen so far," says Diana Avigdor. Watch Diana's...
We’ve seen this movie before, but how will it end?
With all of the hype, hyperbole and rhetoric around claims of fake news leading up to the November mid-term elections in the U.S., one might think that all of this previously untrodden ground may be having an adverse affect on the markets. Or at the very least, a...
A record number of unfilled jobs, coupled with a shrinking jobless rate equals…
Earlier this week, the U.S. Labor Department released data showing that the U.S. had more than seven million unfilled jobs at the end of August. This is the biggest number ever recorded since tracking began in 2000. In fact, available jobs outnumbered unemployed...
Barometer Global Macro Pool takes first place in two categories at 2018 Canadian Hedge Fund Awards
Barometer Global Macro Pool tops 1-Year and 5-Year Return Categories The Barometer Global Macro Pool took first place in not one, but two categories recently at the 2018 Canadian Hedge Fund Awards, the 11th year of this prestigious event. The Global Macro Pool led the...
We’re bullish, yes, but…
"A wait and see period for the markets" Diana Avigdor, Vice President, Portfolio Manager and Head of Trading at Barometer Capital Management Inc. gives her take on the current market on BNN Bloomberg's The Close. According to Diana, "We're still bullish, yes, but...
It takes money to make money
Does it matter if a company reinvests in its business? One of the many factors to consider when investing in a business is whether or not a business is investing in itself. Is there a correlation between the performance of a business and how it performs in the market?...
The U.S. Senate has passed the Music Modernization Act, which is great news for the music industry.
This week, there was a major milestone for the music industry as the United States Senate unanimously passed the Music Modernization Act. This comes on the heels of the of the unanimous passing of the bill by the U.S. House of Representatives in April of this year....
David Burrows Market Outlook, September 19, 2018
David Burrows, President and Chief Investment Strategist at Barometer Capital, 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: There is no sign of recession on the horizon....
David Burrows shares his top picks, September 19, 2018
David Burrows, Barometer's President and Chief Investment Strategist, shares his top picks on BNN Bloomberg, September 19, 2018. Stocks discussed include Hess Corp., JP Morgan, Boeing and more.
Diana Avigdor on Dollarama and more, BNN Bloomberg
Diana Avigdor shares her views on Dollarama, Canada Goose, cannabis stocks, market misconceptions and more.
It has been a volatile year; so where do we go from here?
So far, 2018 has seen more than its fair share of market ups and downs. So with all of this volatility, where do we go from here? While history does not always repeat itself, there have been some striking similarities over the last four corrections cycles that are...
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Torontonians age 16-59, Click here to join the standby list for extra vaccines at the end of day from east end vaccine clinics. https://forms.office.com/Pages/ResponsePage.aspx?id=zrAEUX-1UEmtdyib3BsCQ-lCTfIk_DRJgNCHyIzxJExUMVY0T1NORTBJRkNQOE5MN0ZJU08wTlFNMi4u #topoli #onted
$INTC great example of Its not the news, its the reaction to the news
When Mr. Buffett says bonds are NOT the place to be, this is what he means. The 30-year UST dropped 16.3% in price in 3 months to Thursday. That was TEN years of coupons. The 10-year UST gave up 7 years of income. Think about that. And this is with no credit risk. Duration, baby.
Join us today for some timely market strategy and for a conversation with Fred Pye @fpye of 3iQ @3iq_corp on crypto currencies and bitcoin's role in a diversified multi-asset portfolio.
Join our weekly Barometer Readings Webcast - 4pm EST today
We will be updating current portfolio strategy and market leadership themes including an interview with Fred Pye, CEO of 3iQ on bitcoin
barometercapital.ca
Bond holders beware - as reflation kicks in, yields are moving higher and bond prices are falling...without much yield support to offset. Dividend growth now a much better strategy for those seeking total return. Rising dividends>fixed income $TLT $TLH $RDVY #yield #dividends
Commodities $DBC in a solid cyclical uptrend. Bearish divergence Dec-Jan not stopping this trend of higher highs and higher lows. Did *not* expect this chart to round trip back to early 2020 highs and the bull flag about halfway up was a fantastic signal!
The market rotation under way and why we can't dismiss the network effect of the Reddit revolution $PSLV $SLV $SIL $SILJ $EEM $GCC $DXY $AG #reflation
Market change point? - today's visit with BNN Bloomberg - The Open with Jon Erlichman
Taking advantage of the leadership shift from structural disinflation to reflationary themes...also takeaways from the Reddit revolution
barometercapital.ca
After 10 Years of Underperformance, Commodities Are Set to Boom. Here’s How to Play the Rally. via @BarronsOnline
Quite possibly...
After 10 Years of Underperformance, Commodities Are Set to Boom. Here’s How to Play the Rally.
Energy, metals, and agriculture are poised to gain as global economies reopen and inflation stirs.
www.barrons.com
It seems like longer term the path of least resistance for $CAD is higher v. $USD in concert with $AUD....perhaps rhyming with recent $EEM outperformance
A reason for not making binary decisions...some January pullbacks are short lived. Stops are a useful solution.
Equity market breadth (Bullish %) lower over the past week globally. Requires some near term caution. Correlations are still low and credit spreads tight. Have a plan. $SPY $QQQ $IWM $EEM Will earnings price reactions be the tell?
Not bad continuation setups here... $DXY #Bitcoins $QBTC...driven by??
Not a bad start. Who knows what it will ever take to ignite a set-up years in the making. A couple of times in a career? $PSLV $SIL $SILJ $SLV
Silver $SLV $PSLV and First Majestic $FR $AG ripe for a squeeze?
% of stocks in up-trends rising not weakening. Every major top has been preceded by deterioration in breadth. $SPY and a $QQQ continue to handle tricky news flow like the Capital breach with grace. #healthymarket
Finally.
Making the most of a turn in the cycle..opportunities in '21
$SPY $IWM $EEM $XLB $XME $TLT $GDX $MOO $DXY $COPX #reflation #markets #equities #Commodities
Barometer Readings Webcast - Opportunities in 2021 - Click the image to watch
A turn in the year and a turn in the cycles. Disinflation to reflation...the path forward...unlikely a short-term shift.
barometercapital.ca
This @NBA Christmas commercial is a classic 🎄
New highs beget new highs. Embrace breadth. A good look ahead for ‘21
New metals bull market? Years
$XME #GCC $SIL $GDX $XLB $PICK
The truly exceptional opportunity only comes along a few times in a lifetime. When it does, the important thing, according to Charlie Munger, is to...
"Use a shovel, not a teaspoon"
There is a generational rotation taking place in asset markets will not become consensus for years.
Recognizing new leadership early is an important tool for successful investors. What you need to know now.
$SPY $QQQ $EEM $GCC $SIL $TLT $TLH
Weekly Barometer Readings Webcast
This week we discuss the significant regime change taking place in asset markets and how to position to benefit.
barometercapital.ca
Markets *might* be near major inflection point -
Relative Strength New Highs in ETF land...est leadership dominated by tech, mid caps, alternative energy and consumer disc. Many stretched well above the 200 day...can come in...alternatively, cyclicals have rising RS but are earlier stage and not as extended. Both can work
Only Seven Signals In Last 40 Years...
Q: What happened next in the stock market?
Courtesy of Chris Ciovacco @CiovaccoCapital
Another weak dollar asset making a move $BTC $UUP…we are seeing a regime change
It is getting harder for $DXY bulls to argue the case for a false breakdown in $USD. A monthly close down here would leave a powerful red candle deep below volume support ...hard to ignore $XME $PICK $GDX $SIL $EEM $GCC
All clear? Was yesterday's down mkt a speed bump or something more? Watch this weeks Barometer Readings Webcast to find out how investors can take the lens back to take advantage of a much bigger opportunity. $SPY $QQQ $TLT
Barometer Readings Webcast
Was yesterdays down day something to worry about? Click to watch this weeks video
barometercapital.ca
Breadth continues to improve for almost all global equity markets….good….and also at the sector level….better…and across all virtually all market caps…best. Points to broad, healthy participation vs. the narrow FAANG lead advance of the past year.
@AndrewBellBNN @BNNBloomberg Thanks for the fun... taking calls and speaking to investors on our favourite topic...North American stocks!
$SHOP $AQN $NEE $FCX $RIO $BAC $UPS $SOXX $AMD $CP $CAT $DE $GM $LSPD $CJT $IR $AMAT
Yesterday's full Market Call segment
Here is a link to the December 3rd Noon edition where we took questions from investor on North American large cap equities
barometercapital.ca
As always, a great visit with @AndrewBellBNN for @marketcall. Click for a link to our short market outlook discussion and what has changed.
$SPY $IWM $TLT $TLH $XLB $UUP
If I had just three minutes....
I had a chance to discuss some important changes in asset markets that may change how you want to position. A short video summary on BNN!
barometercapital.ca
List of RS New Highs vs. SPX is growing (Positive) but many WAY above the 200 day MA. Can pullback at anytime but long term...very positive action. Tech, Global equities and broad market equity indices... good participation. $SOXX $ROBO $ARKG $IPAY $EWT $EWS $IWV $VTI
Whats changed?...maybe for a long time. What works in reflation may be very different than what worked in the disinflationary cycle we have been in for years. $SPY $XIU $XME $WOOD $GDX #commodities $UUP
BNN Bloomberg Market Call today at 12:00pm EST
How to take advantage of a new post COVID reflationary cycle. Please visit our Insights page for todays recording and past webcasts
barometercapital.ca
A lot hinges here. https://twitter.com/AussieP_Bateman/status/1332874339213922304
Mkts closed and need a fix;-)? Where to next and what do we need to watch???? Watch this weeks Barometer Readings Market Recap Video. #equities $SPY $IWM $QQQ
https://bit.ly/3fBqh42
A key spot...
$USD looking vulnerable here. Implications for follow thru in International equities and commodities $EEM, $GLD, $SIL, $COPX, $XME, $SCHC and risk assets in general?
Looking forward to another opportunity to join @AndrewBellBNN today at 12:00pm EST on another @marketcall $SPY $QQQ. What should investors be considering in this uncertain environment?
No pullback is fun but only one positive headline to break out? No major changes in breadth indicators today. Still positive with only small -/tve change to % of US stocks in uptrends. SPX closed back above 3400 - credit market strong and #equities consolidating.
$SPY $QQQ
The election, the virus, stimulus.. yes/no...so many uncertainties. What can investors take from the message of the market? Watch this week's Barometer Readings Webcast https://bit.ly/37yybte $SPY $QQQ $TLT $KRE $XLI
The election countdown is on...How to prepare? What message can investors take away from markets in the run up? Join us live for todays Barometer Readings Webcast. 4pm EST today (Wednesday) https://bit.ly/2Hue3Ny
How might the election impact markets against the current backdrop?
Join us for today's Barometer Readings Webcast - 4pm
https://bit.ly/319Ws4O
$SPY $IWM $QQQ
Here we go....October is here. What will markets look like? Measuring up the risks and opportunities. Here is a link to yesterdays Barometer Readings Webcast. https://bit.ly/34h1xc7
#equities $SPY $QQQ $IWM $TLT
Here we go....October is here. What will markets look like? Measuring up the risks and opportunities. Here is a link to yesterdays Barometer Readings Webcast. https://bit.ly/34h1xc7
#equities $SPY $QQQ $IWM $TLT
Webcast - Where to from here? 4pm EST
When: Sep 30, 2020 04:00 PM EST (US and Canada)
Topic: Barometer Readings Market Outlook
Register now for this webinar:
After registering, you will receive a confirmation containing info about joining the webinar
Welcome! You are invited to join a webinar: Barometer Readings Video Webcast. After registering, you will receive a confirmation email about joining the webinar.
A market and portfolio strategy update
barometercapital-ca.zoom.us
While it may not feel that way, so far this week:
$TLT is lagging $SPY by 0.77% (Bonds vs. S&P)
$TLT is lagging $XLK by 0.91% (Bonds vs. Tech)
$TLT is lagging $RSP by 2.15% (Bonds vs. Eq-Wt).
Weekly data does not go into the books until 4 pm Friday. Will see how it plays out.
at 4:00pm EST our weekly Barometer Readings webcast. We will be talking through current equity market outlook framework...leadership themes and portfolio positioning. The world keeps changing...so too the portfolios. $SPY $QQQ $IWM $TLT $GDX $GDXJ $GLD
https://barometercapital-ca.zoom.us/webinar/register/WN_uce4jTv3QuS9708OJYtQ5A
Is the rotation for real? Making sense of this weeks #equity markets Watch this weeks Barometer Readings Video
Check this out: https://barometercapital.ca/2020/07/16/weekly-market-update-video-week-in-review-with-david-burrows/
$SPY $DIA $IWM $QQQ $XLK $KBE $XOP
Torontonians age 16-59, Click here to join the standby list for extra vaccines at the end of day from east end vaccine clinics. https://forms.office.com/Pages/ResponsePage.aspx?id=zrAEUX-1UEmtdyib3BsCQ-lCTfIk_DRJgNCHyIzxJExUMVY0T1NORTBJRkNQOE5MN0ZJU08wTlFNMi4u #topoli #onted
$INTC great example of Its not the news, its the reaction to the news
When Mr. Buffett says bonds are NOT the place to be, this is what he means. The 30-year UST dropped 16.3% in price in 3 months to Thursday. That was TEN years of coupons. The 10-year UST gave up 7 years of income. Think about that. And this is with no credit risk. Duration, baby.
Join us today for some timely market strategy and for a conversation with Fred Pye @fpye of 3iQ @3iq_corp on crypto currencies and bitcoin's role in a diversified multi-asset portfolio.
Join our weekly Barometer Readings Webcast - 4pm EST today
We will be updating current portfolio strategy and market leadership themes including an interview with Fred Pye, CEO of 3iQ on bitcoin
barometercapital.ca
Bond holders beware - as reflation kicks in, yields are moving higher and bond prices are falling...without much yield support to offset. Dividend growth now a much better strategy for those seeking total return. Rising dividends>fixed income $TLT $TLH $RDVY #yield #dividends
Commodities $DBC in a solid cyclical uptrend. Bearish divergence Dec-Jan not stopping this trend of higher highs and higher lows. Did *not* expect this chart to round trip back to early 2020 highs and the bull flag about halfway up was a fantastic signal!
The market rotation under way and why we can't dismiss the network effect of the Reddit revolution $PSLV $SLV $SIL $SILJ $EEM $GCC $DXY $AG #reflation
Market change point? - today's visit with BNN Bloomberg - The Open with Jon Erlichman
Taking advantage of the leadership shift from structural disinflation to reflationary themes...also takeaways from the Reddit revolution
barometercapital.ca
After 10 Years of Underperformance, Commodities Are Set to Boom. Here’s How to Play the Rally. via @BarronsOnline
Quite possibly...
After 10 Years of Underperformance, Commodities Are Set to Boom. Here’s How to Play the Rally.
Energy, metals, and agriculture are poised to gain as global economies reopen and inflation stirs.
www.barrons.com
It seems like longer term the path of least resistance for $CAD is higher v. $USD in concert with $AUD....perhaps rhyming with recent $EEM outperformance
A reason for not making binary decisions...some January pullbacks are short lived. Stops are a useful solution.
Equity market breadth (Bullish %) lower over the past week globally. Requires some near term caution. Correlations are still low and credit spreads tight. Have a plan. $SPY $QQQ $IWM $EEM Will earnings price reactions be the tell?
Not bad continuation setups here... $DXY #Bitcoins $QBTC...driven by??
Not a bad start. Who knows what it will ever take to ignite a set-up years in the making. A couple of times in a career? $PSLV $SIL $SILJ $SLV
Silver $SLV $PSLV and First Majestic $FR $AG ripe for a squeeze?
% of stocks in up-trends rising not weakening. Every major top has been preceded by deterioration in breadth. $SPY and a $QQQ continue to handle tricky news flow like the Capital breach with grace. #healthymarket
Finally.
Making the most of a turn in the cycle..opportunities in '21
$SPY $IWM $EEM $XLB $XME $TLT $GDX $MOO $DXY $COPX #reflation #markets #equities #Commodities
Barometer Readings Webcast - Opportunities in 2021 - Click the image to watch
A turn in the year and a turn in the cycles. Disinflation to reflation...the path forward...unlikely a short-term shift.
barometercapital.ca
This @NBA Christmas commercial is a classic 🎄
New highs beget new highs. Embrace breadth. A good look ahead for ‘21
New metals bull market? Years
$XME #GCC $SIL $GDX $XLB $PICK