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The Canadian Cannabis Report – Monday Oct. 7

The Canadian Cannabis Report – Monday Oct. 7

For the trading week ended October 7, 2024 my proprietary Canadian Cannabis Company Index MCCCI decreased by 2.0% compared to the prior week when it increased by 1.1%. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I consider […]
Key ETF News – September Review

Key ETF News – September Review

Image Source: Pixabay The European ETF industry had a lot of net flows into innovative products and new market entrants over the course of September 2024 as American Century announced its market entry with two actively managed ETFs. This market entry means another U.S. asset manager made its way over the pond to offer its asset […]
Emerging Markets Stocks Tied With U.S. Equities Year To Date

Emerging Markets Stocks Tied With U.S. Equities Year To Date

As rebounds go, the current revival in the fortunes of stocks in emerging markets surely ranks as one of the more impressive feats in recent history. The caveat: The turnaround is primarily due to surging share prices in China. Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set […]
Why An ECB Rate Cut Next Week Is Less Obvious Than Markets Think

Why An ECB Rate Cut Next Week Is Less Obvious Than Markets Think

Image Source: Pixabay After another batch of weak sentiment indicators and headline inflation below 2% for the first time in more than three years, financial markets’ verdict was clear: the ECB has to and will cut rates again at next week’s meeting. We, however, think that the decision to cut rates will be much more controversial […]
Softs Report – Monday, Oct. 7

Softs Report – Monday, Oct. 7

COTTON General Comments: Cotton was a little higher last week in range trading as continued stressful weather was seen in the south but export demand was less. There are still ideas and reports of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh […]
A Silver Breakout Is Inevitable

A Silver Breakout Is Inevitable

Image Source: Pixabay There is a similarity in how gold and silver trade at the same time period and also how they trade at similar milestones, despite the fact that those milestones are sometimes reached at different times.This can cause silver or gold to be the leading indicator, depending on the particular milestone. However, for the most […]
Oil Rises Amid Escalating Conflict In The Middle East. Inflationary Pressures Are Easing In Vietnam

Oil Rises Amid Escalating Conflict In The Middle East. Inflationary Pressures Are Easing In Vietnam

On Friday, the Dow Jones (US30) Index gained 0.81% (for the week +0.15%), while the S&P 500 (US500) Index gained 0.90% (for the week +0.43%). The NASDAQ Technology Index (US100) closed positive 1.22% (for the week +0.38%). Stocks rose on Friday as a stronger-than-expected US September Payrolls report bolstered prospects for a soft landing. However, […]
The Energy Report: A Significant Date In History.

The Energy Report: A Significant Date In History.

On this first anniversary of the Hamas terror attack on Israeli citizens and the Battle of Lepanto in 1571 that saved Western civilization, oil prices are surging. They are moving on the risk that Israel may attack Iranian oil fields and the risk that Hurricane Milton will become a massive storm that will hit Florida and […]
Electric Big Rigs Don’t Make Sense Even With $40,000 In Tax Credits

Electric Big Rigs Don’t Make Sense Even With $40,000 In Tax Credits

Due to Biden’s regulations, truckers are driving older engines longer because they can’t afford newer diesel models. The result is more pollution.California’s EV Rules Reduce Truck Sales by 50 PercentThe Wall Street Journal reports You Can’t Buy That Diesel Truck. California’s Advanced Clean Fleets rule says “zero-emission” trucks must be a growing share of semi-truck fleet […]
Potentially Breakout Opportunity For S&P 500 Bulls, But Not So For Tech And Small-Cap Bulls

Potentially Breakout Opportunity For S&P 500 Bulls, But Not So For Tech And Small-Cap Bulls

Equity bulls ended the S&P 500 last week just under a potentially breakout point. But not all the wheels are in motion. On the Nasdaq 100, which remains under its July high, sellers showed up seven sessions ago as soon as a July 17 gap was filled. And on the Russell 2000, which remains under […]