The Baseball-almanac calls the 7th Inning Stretch, "Perhaps the most mundane, yet physically rewarding moment of every baseball game". Over time, I've learned to respect this time of the stock market calendar year in a similar manner. The timing of it is very close too, as we approach about 2/3 of the way through the game, or year in this case.
I've found that it's a great time to reflect on the decisions we've made so far in 2018 and mentally prepare for the rest of the year. This period I'm referring to specifically is the week before Labor Day weekend and the week after. Things historically get back to normal around September 10th-11th.
This week I had the chance to visit Toronto for the first time. I spent a couple of days meeting with investors, doing a TV spot and taking in some of the things Canada has to offer.
I was invited to speak at the Toronto CFA Society to talk about my Technical Analysis. It was an event put on by the Canadian Society of Technical Analysts and the CMT Association. The crowd was great, interested in charts and eager to learn. Everyone was so nice.
While in Toronto, I caught a Blue Jays game (they beat the Orioles 6-0) and ate too much sushi. All in all, mission accomplished!
Before the event on Thursday I went by the BNN Bloomberg studios for a TV interview with Catherine Murray. It was a lot of fun.
This week we added Canadian Stock Market and Sector Indexes and the entire TSX 60 to our chartbook coverage. To kick that off, I want to take a look at the Canadian Energy market and share what we're seeing.
