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General Market Commentary
We also offer paint by numbers systems for bonds and gold. A diversified portfolio is offered below our commentary. As always, consult your own advisor and due your own due diligence.
The Call For The Week of Sept 20th:
Stocks were strong last week along with gold and the Loonie. Bond yields were flat ahead of U.S. employment data and Canadian GDP numbers. Use weakness in the seasonally weak month of September to add to stocks as long as our barometer is mostly green.
Long: SPY=30% TLT=0%, GLD=0% QQQ=30% cash=50% Bitcoin: 5% (QBTC or BTCC%27b.TO)
Bullish when 5 out of 5 are true (+1). Stay long HXT.to or XIU.to until 3 turn false (+0).
1. $TSX is trending up
2. Advance/Decline Line is trending up (buying power)
3. $TRAN is trending up (Dow Theory confirmation)
4. Utility Average MA rises (interest sensitive)
5. Bonds are trending up (interest rates are low)
67% winning trades since 1980 - beats buy and hold with lower volatility. Buy and Hold the strongest ETFs or stocks when in BULLISH state. Otherwise hold cash or bond proxy.
Past performance is no guarantee of future results. This is not investment advice, but is for educational purposes only. Consult your investment advisor for additional information regarding suitability, fees, expenses and short term trading costs.
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