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Strategies & Market Trends : Dino's Bar & Grill

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To: Dav!d who wrote (3206)11/2/2013 5:07:48 AM
From: Goose94Read Replies (1) of 203158
 
Michael Smedley, market oulook and top picks...

Market outlook

The U.S. market has continued to outpace Canada but mainly because the resources need to be kick-started again, which will surely happen. We have also entered a time of special boosting of the saintly Canadian banks. Suddenly again these are seen as made in heaven relative to the satanically disposed American international banks which, appear to have descended into internal punishment. We have also discarded the threat of rising interest rates again. Additionally, the U.S. is fraught with stop/go government procedures and the blundering of Obamacare, while Canada just suffers more mildly from events concerning Senatorcare. Bright spots across the globe are helping and these are led by the conviction that Europe is reconstructing and even heading up on surprise optimism about Spain. Good news for both Canada and the U.S. is that the future of housing is looking more positive.

Top Picks

Currency Exchange International (CXI-T)
CXI is one of the main independent currency exchange companies in the U.S. and is getting more attention as it breaks out above the new issue level of a year ago, new catalysts being its move towards bank status in Canada and the required selling down of control by founder Randolph Pinna to meet the regulator’s requirements. I was a director of a previous version of this business when it was private many years ago.

C-Com Satellite Systems (CMI-V)
C-Com is in the Ku and Ka wavebands and a global supplier of ground and mobile vehicle based hardware and software providing a range of internet satellite linked communications services.


UrtheCast (UR-V)
Urthecast also has outer space functions and expects to have its unique camera systems leaving Kazakhstan for the international space station on or around November 25.
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