Category: Equity Leaders Weekly

As August comes to a close, brokers are preparing for a dynamic fall session with the Federal Reserve signaling a potential shift in monetary policy, including possible interest rate cuts. Amidst this backdrop, the US Dollar Index (DX2.F) has recently hit an eight-month low, reflecting the inverse relationship with surging gold prices. Conversely, the Dow Jones Industrial Average (DJI.I) has shown remarkable resilience, reaching new highs and benefiting from a weaker USD that boosts international exposure.

Gold has surged to new all-time highs, surpassing previous resistance levels as it benefits from ongoing political uncertainty and the prospect of rate cuts in the U.S. Meanwhile, the S&P/TSX Composite Index has reached new highs, driven by strong performances in the Energy, Banks, and Mining sectors. The TSX.I has regained momentum after a recent market selloff, with further gains possible if it closes above 23,297.12.

U.S. markets advanced with notable gains, particularly the Nasdaq Composite, which surged 6.15%. In this week’s edition of Equity Leaders Weekly, we examine the Nasdaq Composite Index (NASD.I) and its performance amidst recent volatility and shifting tech stock dynamics. We will analyze key support and resistance levels to assess the index’s outlook. Additionally, we’ll discuss the BMO Equal Weight Banks ETF (ZEB.TO) and its recovery from recent declines, focusing on its performance in light of evolving interest rate expectations and key resistance points.

In this week’s Equity Leaders Weekly, we’ll dive into what copper prices reveal about the global economy and take a chartist review of damage caused in Japan’s stock market woes.

In this edition of Equity Leaders Weekly, we observe a busy summer market with opportunities in mid and small-cap stocks and significant earnings reports. A mid-week rally, driven by NASDAQ gains and a surge in Nvidia, showed signs of fading as global markets became choppy. We will use this moment to review the SIA Sector Scopes to identify shifts in sector sentiment, focusing on the US Real Estate sector and its benefits from these changes.

In this edition of Equity Leaders Weekly, we look at Russell 2000 Index (RLS.I) to see if the current small cap rally has legs as well as provide an update on the Natural Gas Continuous Contract (NG.F) chart.

In this edition of the Equity Leaders Weekly we are going to look at the one of Emerging International Markets by checking out the India Market using the Invesco India ETF (PIN) and we will also look at the Gold Continuous Contact (HG.F) to see what it is telling us about inflation, investor sentiment and capital flows.

In this edition of Equity Leaders Weekly, we look at the growing gap between US large cap and small cap stocks and at the potential impact of today’s UK election on sentiment toward the island nation.

In this edition of the Equity Leaders Weekly we are going to look at the High Grade Continuous Contact (HG.F) to see what it is telling us about the health of the global economy and also do our monthly review of the Sector Scopes to analyze the relative strength across the market sectors.

It has been a very mixed week for world equity markets. Although some major US indices have continued to rally to all-time highs, including the S&P 500 and the NASDAQ, these highs have been marginal, suggesting upward momentum is slowing. Gains have been concentrated in a shrinking number of large cap stocks, mainly in the semiconductor sector. In this edition of Equity Leaders Weekly, we look at concentration in the US equity market and the ongoing selloff in Europe.