Russell Group Note: Ottawa and TFSAs

November 30, 2020 |Derek Russell
Today’s Thoughts: Government Spending and TFSAs Ottawa – After the close today, Ottawa will provide a fiscal update, which I think is widely expected to be a series of announcements of how much money they will be spending. A few people have asked if this...
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Russell Group Notes: Interest Rates & Bubbles

November 25, 2020 |Derek Russell
Today’s Thoughts: Interest Rates & Bubbles With the US holiday tomorrow, volumes on markets will be pretty low. My family reminds me that I’ve taken something like 6 days off this year, so I’m going to be off tomorrow and Friday. Maybe I’ll visit the...
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Russell Group Notes: Sentiment

November 24, 2020 |Derek Russell
Today’s Thoughts: Sentiment Breadth and Sentiment – Nothing in markets is ever terribly straight forward. For every indicator that is pointing towards higher stock prices, there is one pointing for lower prices. Sentimentrader.com has an interesting comment...
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Russell Group Notes: Incentives & Pipelines

November 23, 2020 |Derek Russell
Today’s Thoughts: Incentives & Pipelines With US Thanksgiving on Thursday of this week, I expect volumes will be pretty low – especially later in the week. If you have anything substantial to do in the market, I would suggest trying to do it today or...
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Russell Group Notes: Bad Investments

November 20, 2020 |Derek Russell
Today’s Thoughts: Bad Investments Wrote a couple of pieces this morning. Wasn’t happy with how they turned out, so a brief note today. It Happens To Everyone – Not thinking of anything we own with regards to this comment, just something for thought/discussion...
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Russell Group Notes: Precious Metals

November 19, 2020 |Derek Russell
Today’s Thoughts: A future for precious metals Precious Metals – With the rotation in the market to “re-opening” companies, shares of the precious metals companies have been hit. I would view this as an opportunity. I recognize that this is a shift for...
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Russell Group Notes: Mall Traffic & The 1%

November 18, 2020 |Derek Russell
Today’s Thoughts: Mall Traffic & The 1% A Surprising Stat In The Time of Covid – I was looking at the conference call transcript for Tanger Factory Outlet (SKT – no position). Tanger owns those factory outlet malls that are usually beside a highway outside...
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Russell Group Notes: Reality & AI

November 17, 2020 |Derek Russell
Today’s Thoughts: Reality & AI Our top position is up 34% on the month (it’ll be off today because I wrote this). Has the business changed substantially in the last 17 days? No. An excellent reminder that the prices quoted in markets often do not reflect...
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Russell Group Notes: Sports Gambling

November 16, 2020 |Derek Russell
Today’s Thoughts: Vaccines & Gambling Moderna announced this morning that its vaccine is 94.5% effective and, if I’m reading this correctly, that it can be stored in a common refrigerator for 30 days (there had been concerns around logistics for these...
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Russell Group Notes: Note 1250

November 13, 2020 |Derek Russell
Today’s Thoughts: 1,250 Notes Later Turns out I’ve been writing these notes almost every week day for 5 years now. So for those of you who have been getting them since the initial e-mail, that’s probably about 1,250 daily notes. I’m guessing that these...
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