The odds of a September rate cut improved with todays CPI data, what does it mean for investors? Join us today at 4pm. barometercapital-ca.zoom.us/webinar/regist…

Seasonality is in focus and Barometer is tuning portfolio asset mix. This week we discussed changes to market breadth and how it is impacting our outlook.

With a strengthening $EURUSD and discounted multiples, flows are now favouring European financials. $EUFN vs. $XLF

Charts building…

If you are bullish precious metals you want to see the gold miners continue to outperform the metal. Another solid weekly bar bodes well. $GDX vs. #GOLD

Still no joy in mudville for long suffering #treasury investors. No signs of a reversal as inflation remains a concern...

Long term sovereign yields remain sticky outside the US as well.

While momentum took a hit yesterday, breadth in the SPX was broadly POSITIVE. Gold and silver equities were not spared but saw NO damage to their point and figure charts. $GDX $GDXJ

While mega cap momentum got hit yesterday, breadth overall for the SPX was broadly positive. Heading into fall we are holding 5-7% cash as optionality but we continue to add to our global equity ex US weighting. Breadth in Europe, Latin America and Asia continues to improve.

Looking forward to appearing on BNN Bloomberg's Market Call at 12PM today, discussing large-cap stocks and answering live viewer questions.

Yesterday we discussed market issues of the week and highlighted some timely thoughts on market leadership and laggard themes.

Great conversation with merella fernandez on today’s Market Call about opportunities in MDA Space, Hudbay, and global equities and where we see leadership emerging.

Join us today at 4:00PM for our Barometer Readings Webcast, where we’ll provide a macro market overview, followed by a live Q&A. barometercapital-ca.zoom.us/webinar/regist…

Gold producers stretched? Not according to the flows... Despite being the strongest sector year to date, investors remain skeptical with only sporadic inflows to $GDX.

Heading to September, we went on a full top down tour through markets highlighting some clear, early stage structural themes offering investors strong risk reward set-ups and also some weak themes to avoid.

Against a sloppy backdrop for energy, Imperial Oil continues to outperform on the back of strong cash-flow generation and outsized return of capital to shareholders. Leaders lead... Look for the relative strength outliers in a tough tape. They tend to lead when the sector

Great to join Jon Erlichman on BNN Bloomberg this morning to make the case for global stocks.

More evidence for International equities if you need it. A solid visual case.