US Stocks Seem Extremely Overbought

The S&P 500 continues to reach new highs on a weekly basis. But a major top could be forming right now. One of the most reliable indicators to anticipate market tops and bottoms has been the bullish percent index. The BPI is a breath indicator that uses a point & figure chart to determine when markets are overvalued… Read More »

Fastest growth since 1867

Welcoming 1.2 million new people this year Happy holidays, everyone. 🎅 With a new year comes new challenges and opportunities. But one thing that won’t change much in 2024 is the rate of immigration, lol. The government recently decided to plateau its long-term immigration targets, gradually increasing the amount of new permanent residents from 465,000 in 2023 to… Read More »

Small caps looking cheap again

Small stocks, big value The stock market has been on a tear lately. The S&P 500 now has a forward P/E ratio of 18.7 which is more expensive than its historical average. As investors we want to buy assets when they are cheap. Luckily stocks can be grouped by size. The S&P 500 are large cap companies. But… Read More »

The most expensive Canadian cities

By | 09/12/2023

Renters can feel house poor too The cost of rent continues to climb in Canada. Nowhere is it more expensive than the Greater Vancouver Area. According to liv.rent the top 5 Canadian cities with the highest average rent are all here in the lower mainland. Here are the prices for a 1 bedroom unit without furniture. Below are… Read More »