Globe editors have posted this research report with permission of Stock Trends. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
The message here for Canadian investors in the domestic market: stand at attention. There are opportunities to trade volatility and capture sector strength, but that is for the active, engaged trader. For more passive market timing investors the Canadian market is not yet inviting.
There may be a swell in stocks categorized as Stock Trends Bullish in the coming weeks, but the moment is not yet here for investors to consider the current bearish sentiment left for dead. It's still a stock picker's period - sector and stock specific trading that requires both nimbleness and luck for an investor to succeed in long-term. Investors can't expect much until the markets again are buoyed by a categorical change to broad bullish trends.
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Skot Kortje