Cejay Kim August 26, 2015 Category: Research 1.The divergence between commodities and the S&P 500 is at an all-time high. The recent flash crash of the S&P 500 suggests that we are nearing a closing of the gap.2.We continue to update this chart and wonder just how much longer this bear can last. The TSX Venture has now almost hit the record low it achieved during the 2008-2009 Financial Cr...Read More
Cejay Kim August 26, 2015 Category: Research 1.The divergence between commodities and the S&P 500 is at an all-time high. The recent flash crash of the S&P 500 suggests that we are nearing a closing of the gap.2.We continue to update this chart and wonder just how much longer this bear can last. The TSX Venture has now almost hit the record low it achieved during the 2008-2009 Financial Cr...Read More
Cejay Kim August 26, 2015 Category: Research 1.The divergence between commodities and the S&P 500 is at an all-time high. The recent flash crash of the S&P 500 suggests that we are nearing a closing of the gap.2.We continue to update this chart and wonder just how much longer this bear can last. The TSX Venture has now almost hit the record low it achieved during the 2008-2009 Financial Cr...Read More
Cejay Kim August 26, 2015 Category: Research 1.The divergence between commodities and the S&P 500 is at an all-time high. The recent flash crash of the S&P 500 suggests that we are nearing a closing of the gap.2.We continue to update this chart and wonder just how much longer this bear can last. The TSX Venture has now almost hit the record low it achieved during the 2008-2009 Financial Cr...Read More
Cejay Kim August 19, 2015 Category: Research No one wants to buy TSX Venture-listed companies. The numbers speak for themselves, from 2011 the total shares traded dropped from 64.5 billion to a measly 18.5 billion year-to-date. And the total value traded in those shares was down from C$42.5 billion to C$5.6 billion.You can thank the junior miners for that, who comprise 60% of the TSXV, or 1,154 of...Read More
Cejay Kim August 19, 2015 Category: Research No one wants to buy TSX Venture-listed companies. The numbers speak for themselves, from 2011 the total shares traded dropped from 64.5 billion to a measly 18.5 billion year-to-date. And the total value traded in those shares was down from C$42.5 billion to C$5.6 billion.You can thank the junior miners for that, who comprise 60% of the TSXV, or 1,154 of...Read More
Cejay Kim August 19, 2015 Category: Research No one wants to buy TSX Venture-listed companies. The numbers speak for themselves, from 2011 the total shares traded dropped from 64.5 billion to a measly 18.5 billion year-to-date. And the total value traded in those shares was down from C$42.5 billion to C$5.6 billion.You can thank the junior miners for that, who comprise 60% of the TSXV, or 1,154 of...Read More
Cejay Kim August 19, 2015 Category: Research No one wants to buy TSX Venture-listed companies. The numbers speak for themselves, from 2011 the total shares traded dropped from 64.5 billion to a measly 18.5 billion year-to-date. And the total value traded in those shares was down from C$42.5 billion to C$5.6 billion.You can thank the junior miners for that, who comprise 60% of the TSXV, or 1,154 of...Read More
Cejay Kim August 12, 2015 Category: Research As of June 30, 2015, the TSX Venture in aggregate has raised $1.7 billion in capital and is on pace to raise $3.4 billion by the end of the year. This is a 35% decline from last year and almost a 70% drop from 2011.The number of new issuers has also decreased substantially. There has only been 43 new listings year-to-date, versus the 122 in 2014 and 334...Read More
Cejay Kim August 12, 2015 Category: Research As of June 30, 2015, the TSX Venture in aggregate has raised $1.7 billion in capital and is on pace to raise $3.4 billion by the end of the year. This is a 35% decline from last year and almost a 70% drop from 2011.The number of new issuers has also decreased substantially. There has only been 43 new listings year-to-date, versus the 122 in 2014 and 334...Read More
Cejay Kim August 12, 2015 Category: Research As of June 30, 2015, the TSX Venture in aggregate has raised $1.7 billion in capital and is on pace to raise $3.4 billion by the end of the year. This is a 35% decline from last year and almost a 70% drop from 2011.The number of new issuers has also decreased substantially. There has only been 43 new listings year-to-date, versus the 122 in 2014 and 334...Read More
Cejay Kim August 12, 2015 Category: Research As of June 30, 2015, the TSX Venture in aggregate has raised $1.7 billion in capital and is on pace to raise $3.4 billion by the end of the year. This is a 35% decline from last year and almost a 70% drop from 2011.The number of new issuers has also decreased substantially. There has only been 43 new listings year-to-date, versus the 122 in 2014 and 334...Read More
Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More
Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More
Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More
Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More