Investing Daily Article of the Week
by Ari Charney, Investing Daily
Despite an unusually harsh winter, the Canadian economy has been performing far stronger than expected during the first quarter. And that appears to have translated into upbeat sentiment among the executives running Canada’s largest firms.
About Small Caps Article of the Week
Small Cap Stocks to Watch: The Future of Diabetes Care An article this month from Reuters Health involved a positive message for Americans at-risk for diabetes or suffering from the disease: out-of-pocket expenses for diabetes treatment has actually decreased, according to a study just released by the CDC.
- Following up on our statistical analysis of the January effect, we did a similar exercise on the first quarter returns to see if they told us anything about the rest of the year.
- A positive Q1 has in the past, 92% of the time, led to a positive year as well; but a negative Q1 does not tell us much about whether the year will be positive or not.
- While the data is limited, after we combine the analysis of a positive first quarter and the size of the first quarter returns, there is enough statistical significance to say that Q1 returns do bode well for the rest of 2014.
Econintersect: According to Fed Chair Janet Yellen -
In recent months, some indicators have been notably weak, requiring us to judge whether the data are signaling a material change in the outlook. The unusually harsh winter weather in much of the nation has complicated this judgment, but my FOMC colleagues and I generally believe that a significant part of the recent softness was weather related.
In a wide ranging speech, she provided opinion on if inflation moving back toward 2 percent; factors that may push the recovery off track; policy challenges, and forward guidance.
April 16th, 2014
Buy the Dips? Not Always. More Selling Coming.
by Michael Clark, Seeking Alpha
A Lesson in Political History, by My Account; Followed by A Description of the CGTS Stock Selection Process
Yesterday a fresh wave of selling hit the markets. This did not surprise us. We are overwhelmingly short this market.
I read on the second day of the selloff a story on the web: "Capitulation Already?" The gist of the article was that after two days of selling 'reason' had returned to the markets; the bull rally would continue. I truly believe that today REASON IS SELLING THIS MARKET.