As a result of the Corona Virus, we may be in for a bear market in the coming months so it's important that we not only protect our portfolio from losses but also set ourselves up for gains. Whether it's the current threat of COVID-19 or some future bear market in years to come, it's important to not only know how to survive but also how to make money when the market is volatile and heading south.
Category archives: Market Observations
Having just released the brand new "Industry Outliers" tool, this weeks stock market observations post will incorporate the use of this tool to find a potential opportunity in the market.
Over the last month financial and banking related stocks have had a lot in common with health care stocks.
The two stock market ETF's $EWC (Canada) and $EWA (Australia) are a well known pair often used in pair trading. The 60 day stress indicator of this pair is currently at its most extreme level since November last year and is therefore worth keeping an eye on.
Over the last month the stock market has been incredibly strong. The market sectors currently at upside extremes are Health Care and Utilities. Extremes on the downside over the last month are close to being made in the Energy and Telecoms sectors.
Over the last couple weeks the $SPY has had a strong rally. Gold stocks on the other hand have largely done the opposite. Does this present an opportunity?