Canadian Insider

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
3 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

The Canadian insider blog discusses news and insight found among insider and significant shareholder filings in Canada.
 
Ted Dixon is co-founder and CEO of INK Research. He is the creator of the INK Canadian Insider Index, and is the editor of the daily Morning INK and weekly Market INK reports. He is a regular contributor to the Globe and Mail's Globe Investor pages and has also worked as a part-time lecturer in corporate finance at the British Columbia Institute of Technology. Before starting INK, he worked at the Connor, Clark & Lunn Financial Group where his responsibilities included portfolio strategy and product development. He has also been an analyst at the Fraser Institute and a treasury specialist at the TD Bank. He is a Chartered Financial Analyst and member of CFA Vancouver. He holds an MBA in Financial Management from the University of Chicago, and a Bachelor of Commerce from UBC. Listen to his weekly economic commentary on Vancouver's Roundhouse Radio FM 98.3.
 
Victor Wong is a business and client development associate at Canadian Insider and an avid market watcher.
 
Nicholas Winton contributes technical commentaries on the INK Canadian Insider Index. Nicholas also writes the High on the Hog blog.

 

 

Pacton Gold a relative value Pilbara speculative play

John Kaiser kicks off his latest Discovery Watch (February 14th) reviewing the latest S2 Resources drilling at its Ecru project in Nevada characterizing the results as neither making or breaking it. The meat of the broadcast is found in the middle segment where Kaiser gives a thorough update on the status of exploration in the Pilbara region of Australia which made big waves a few years ago with the discovery of visible gold.

Pacton Gold's description of the Pilbara play (click for larger)

He ends with a tip on what to look for from Midland Exploration (MD) over the next few weeks.

Energy poised to assume Canadian market leadership from pot stocks

In my Valentine's Day interview with Jim Goddard, I make the case that Energy stocks led by Cenovus (CVE) are likely going to start pulling their weight in the Canadian market. That would be a welcome development for Canadian investors because our indicators are also suggesting that the recent marijuana stock rally is in the final stages.

Cenovus CEO Alex Pourbaix dancing to the oil patch beat

Based on American insider activity, I also make an out-of-consensus call on bond yields.

Cenovus Energy starts to run circles around oil patch rivals

We will be releasing our Energy Top 30 later tonight, and given that Cenovus Energy (CVE) continues to have a sunny INK Edge outlook we expect it will remain near the top of the charts. The company made some waves in the oil patch last year by backing the Alberta government's plan to curtail oil production, even as some key rivals such as Suncor (Mixed; SU) knocked the plan. While we are no fans of government intervention in the oil patch, CEOs need to play the hand they are dealt. The Canadian oil patch world is more complex than ever. CEOs have to navigate around both technological and political forces which often work in conflict.

Introducing Canadian Insider Insights

We are excited to be launching Canadian Insider Insights, a newsletter exclusively for CanadianInsider.com users to provide a quick read on what insiders are telling us about the outlook for the Canadian market. Commentary draws heavily from the subscriber-supported Market INK report, focusing on trends we see in the mid-cap-oriented INK Canadian Insider Index, signals from our proprietary sentiment indicators, and insider developments at key companies. The combination allows us to provide distinct, independent insight you will not find anywhere else.

For example, in the first edition, we focus on how the oil patch is likely to be the spark that reignites Canadian market momentum. At least so far this week, it is a thesis that appears to be playing out.

 

.

Our first insider of the week

Will big US pharma swamp big Canadian pot growers?

As we wrote in an INK Research subscriber post on February 12th, the widespread belief that the cannabis industry is a disruptive force in the medical and consumer markets may well be in the process of playing out right now. The stakes are clearly high, especially if John Rubino from DollarCollapse.com is right.

 Rubino: the pot legalization tide has turned in the United States.

He is firmly in the camp with those who think legalization is not that far off in the United States:

Copper pointing to brighter days for the oil patch

In our market report this morning, we suggested that a correlation had emerged between copper and the price of crude with copper being the leader. That observation is courtesy of Ross Clark from ChartsandMarkets.com who explained what he is seeing in his latest weekly update on This Week in Money.

Click to listen to Ross Clark in the opening segment

 

The ears of oil patch investors should perk up when they hear his findings:

Madness: Central banks believing they can manage the economy

In his latest Howe Street broadcast, Bob Hoye from ChartsandMarkets.com takes aim at the assumption that the Bank of Canada can control the economy and explains why gold miners and explorers can thrive during a post-bubble contraction.

Myth the Bank of Canada can manage the economy (pic source D. Neuman)

Hoye takes aim at the idea that the central bank keep the economy on track by setting interest rates. In particular, he points out to history that debunks the myth that central banking can prevent economic setbacks.

Former Barrick Gold CEO scores with agriculture and bank bets

Former Barrick Gold (Mostly Sunny; ABX) CEO and current Nutrien (Mostly Sunny; NTR) director Aaron Regent made a half million dollar bet on Nutrien stock December 27th. That investment is already up almost 10% in just 6 weeks.

Click for larger

Ahead of earnings, Bombardier says a senior executive is quitting

A week before Bombardier (No outlook; BBD.B) is scheduled to release its Q4 earnings report on February 14th, the taxpayer supported aerospace, rail & defense firm announced today that it is losing one of its key executives. According to a company press release, Bombardier Transportation President Laurent Troger has informed the company of his intention to resign and pursue opportunities outside the company.

 

Picture source: Twitter

Shorts still taking aim at Badger Daylighting

According to the January 31st IIROC short-selling report published Tuesday, the short-selling position at Badger Daylighting (Sunny; BAD) stands at 1.94% of the company's float (estimated shares outstanding available for trading), up 0.014% from where it was in the January 15th report. Short-sellers may have their work cut out for them, however, as insider commitment at the firm remains strong. On that front, insiders have spent a net $1,886,058 picking up shares in the public market over the past 90 days. That amount does not include share repurchases which also took place to the tune of $37.1 million worth of Badger shares during the period.

Pages

Subscribe to RSS - Canadian Insider