While oil production is surging in Canada, the country’s exploration and production (E&P) sector has remained out of favor, primarily due to the scarcity of pipelines. In short, pipeline construction in Canada has failed to keep pace with rising domestic
August 18, 2018
The recovery from the February swoon has been full of nearly predictable bounces: whether it was oversold trading conditions or support at the 50 and 200-day moving averages (DMAs). Such moves are the hallmarks of a bull market. At some
MON Sector Strength – TUE Rates – WED Medium-Term – THU Commodities Currencies – FRI Sentiment – SAT Longer-Term What is the short-term trend? None of the downturns seem to want to take hold as shown by this chart below
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of August 20 August 22 Existing Home Sales – July 5.509M 5.380 5.425
Today I’m reviewing a small-cap communication equipment firm by the name of AudioCodes Ltd. It’s trading ticker symbol is AUDC. AudioCodes Ltd is a Voice-over-IP technology company providing advanced Voice-over-IP, converged VoIP and Data networking products and communications applications for Service
I spent Friday evening thumbing through the index charts, and I’m afraid I will offer the same overall conclusion I had a couple of weeks ago: specifically, that the markets were poised to blast off. Mercifully for the one or
For those who care about gold such as myself, in the just released CFTC data for the week ended Tuesday, speculators went net short for the first time since December 2001 when gold was priced at $275 an ounce. It’s
Thanks to strained manufacturing supply chains and a booming economy, an unprecedented run of orders for new big rigs has nearly doubled the backlog at truck factories to nine months, according to the Wall Street Journal, citing industry analysts. North American
USD/CAD holds a narrow range going into the end of the week, but updates to Canada’s Consumer Price Index (CPI) may fuel the recent rebound in the exchange rate as the headline reading for inflation is expected to hold steady at
