Five Things Investors Should Not So in a Bear Market

Five Things Investors Should Not So in a Bear MarketMost markets, and certainly most currencies and commodities, are now officially in a bear market. That’s the arbitrary term for anything that is down 20 per cent from its peak. Of course, many stocks are down 40 or 50 per cent or more, so we might need a new term to describe them — zombie market? That is, dead but still moving? Many investors fear a bear market, because it…

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The Weekend is Over And the Markets are Falling Again

The Weekend is Over And the Markets are Falling AgainAn office worker walks past an Australian Securities Exchange (ASX) window. World markets are open for Monday trading, and they’re down. US futures are in the red with Dow futures down 120 points and S&P 500 futures down 13 points. Asian markets are also set to trade in the red. All this follows last week’s bloodletting, which saw the S&P 500 fall 6%. It was the worst first five trading…

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3 Value Picks for 2016 and Beyond

3 Value Picks for 2016 and BeyondIf you’re looking for a value play for 2016 and beyond, you’ve come to the right place. I’ve scoured the market and found three stocks that are trading at inexpensive valuations compared with their five-year and industry averages, so let’s take a quick look at each to determine which would fit best in your portfolio. 1. Canadian National Railway Company Canadian National Railway Company (TSX:CNR)(NYSE:CNI) is the largest rail network…

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5 reasons it’s Still Too Early to Buy Commodities Stocks

5 reasons it's Still Too Early to Buy Commodities StocksMany contrarian investors are wondering if the time is right to start loading up on commodities in anticipation of the next big rally. Certainly, stocks in the sector are cheap, and we would expect many of them to double if and when a commodity recovery occurs. Stocks of smaller, riskier companies could triple or more. Alas, we need to throw some cold water on such thoughts. It is still far…

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Time to buy Canada?

Time to buy Canada?Canada’s stock market has been among the worst performing in the world this year, with many global fund managers selling Canadian equities and foreign short-sellers targeting everything from resource companies to the country’s banks. Being negative on Canada has certainly been a profitable play. The S&P/TSX Composite Index is currently down eight per cent for 2015, compared with a 1.46 per cent gain for the S&P 500. If that trend…

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The Great White Long – Are Canadian stocks ready to bounce?

The Great White Long - Are Canadian stocks ready to bounce?After one of the worst quarters for Canadian stocks since 2011, market watchers say it may be time to start buying Canada again. Brian Belski, chief investment strategist at BMO Capital Markets, said the S&P/TSX composite index, excluding energy stocks, is now trading at a price-to-earnings ratio below its long-run average after its third-quarter decline put the index down nearly 10 per cent for the year. At the same time,…

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Few Stock Bargains in Canada Despite Widening Valuation Gap with the U.S.

Few Stock Bargains in Canada Despite Widening Valuation Gap with the U.S.Investors bullish on Canadian stocks seem to be a dying breed. The S&P/TSX composite has declined more than 12 per cent since its near-term high in mid-April and the summer pullback has brought down valuations in a number of sectors to the point where some stocks such as the banks look like outright bargains compared to historical averages. Corrections tend to attract bargain hunters, but few buyers seem willing to…

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Why More Market Mayhem May Be Awaiting Rattled Investors

Why More Market Mayhem May Be Awaiting Rattled InvestorsViolent market swings sent the S&P 500 into correction territory over a four-day period that began last Friday, while other markets around the world fared just as badly. But by the end of the week, investors who stayed put Monday were in the black. The panic selling that began last week turned into a mid-week rally, and markets either continued to either gain or at least stabilize through Friday. Perhaps,…

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Why Real Estate Investors Should Look Around the World

Why Real Estate Investors Should Look Around the WorldThe U.S. has offered the best growth for global real estate investors in recent years, because extremely accommodative monetary policy has made financing extremely cheap. The sector has also attracted a lot of capital flows as people started to put the money they kept in cash during the financial crisis to work. But many didn’t necessarily want to buy regular stocks, due to the uncertainties about when earnings and economic…

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Why Investors have to Adopt New Tactics From Time to Time

Why Investors have to Adopt New Tactics From Time to TimeAccording to investing pioneer Sir John Templeton, “The four most dangerous words in investing are: ‘this time it’s different.’” His admonishment, often quoted and treated as divinely inspired, refers to investors’ belief that the measurement of value changes in a fundamental way over time. Although Templeton’s essential point to invest in value rather than respond to trends or innuendo is sound, I much prefer the advice from another legendary investor,…

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