Canadian Insider

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index saw recent momentum push its price as much as 11 points higher (reaching as high as 1282.17 on an intraday basis), before strong resistance turned it back by week's end for a loss of 7.3 points and a close of 1263.60.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index appeared to run out of gas and, after stalling at 1308-1311, the Index rolled over and shed 25.82 points or nearly 2%, on its way to close at 1282.96.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index dipped to the 1250 area (1246.94 in actual fact) before catapulting higher as I speculated in my last blog. In all, the INK CIN added 4.85 points while closing nearly 22 points off its week's low, and remains near its all-time highs of 1273.62 reached on November 1st.

From a Vancouver perspective, the Justin Trudeau and Bill Morneau war with small business over proposed tax increases makes no sense. If this duo are really interested in tax fairness, why are they not devoting the same energy and government resources to cleaning up the money laundering industry and its related big dollar tax evasions?

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week the Index popped up to highs at 1176 but couldn't hold those gains and slid to end the week at 1166.84, down 3 points for the week.

In my latest interview with Jim Goddard on Howestreet.com, we talked about how insiders were on top of Canada's growth rebound six months before the Bank of Canada. Looking ahead, there are big implications for a wide range of assets if the Bank of Canada joins the global central bank tightening parade:

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index traded in a very tight 10 point range between 1174 and 1184 as volatility now seems to have vanished over the last 3 weeks of trading. The Index closed the week down 4 points at 1180.2.

In my latest interview with Jim Goddard of Talk Digital Network, I highlight the high stakes at play in Tuesday's BC election. From resources to housing, the prosperity of the province, and to a lesser extent Canada, will be shaped by the outcome of the May 9th vote.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index made an initial 14 point stab, up to the 1209.7 level, placing it just 8 points off its 2017 intraday highs. However, the INK CIN could not hold its gains, and by week's end, it shed 3.8 points to close at 1191.70.

In our most recent market update to clients and my regular interview with Kirk Lapointe on Monday, I explained that the Bank of Canada needs to start talking about normalizing interest rates, because the economy is now growing and the rationale for having ultra low rates is evaporating. Indeed, we saw insiders anticipate the recovery in Western Canada during last fall's rebalancing of the INK Canadian Insider Index when the index make-up tilted towards Energy and Canadian retail names.