Aerospace

Taiwan leans on Canada and others to back last-minute entry to UN aviation summit

The Canadian government will support Taiwan’s efforts to join a key triennial gathering of civil aviation authorities in Montreal at the end of September. The Taiwanese government has heavily lobbied Canada and other countries to back its effort to participate as a guest at the 40th assembly of t ...

Earnings Season Never Ends; These 2 Companies Prove It

The beauty of being both a fundamentalist and a technician is that the fun never stops. Many of you may view earnings season to last from the middle of the first month of each calendar quarter (when Dow Jones component stocks and the biggest money center banks begin reporting) to perhaps 4-5 weeks ...

Philpott on seeking re-election: ‘I couldn’t send the message that when the going gets rough you walk away’

On the corner of a tree-lined street in downtown Stouffville, the new campaign office of Markham-Stouffville’s current Independent MP and incumbent candidate, Jane Philpott, beckons proudly. Formerly a bank, complete with a safe, the brightly lit space now features a large group of dedicated volu ...

Airbus A310 going extinct despite still serving as Canada’s VIP aircraft

The Prime Minister of Canada will soon be part of a rare breed of air passenger, one of the few people anywhere flying in an Airbus A310 jet. The A310, which was launched in the early 1980s, when Andrew Scheer was a toddler and Justin Trudeau was still in primary school, is rapidly disappearing fro ...

S&P 500 Breaks Trading Range To Upside And There Was Very Bullish Confirmation

Market Recap for Thursday, September 5, 2019 U.S. indices had a strong day on Thursday, with leadership from key aggressive areas. The small cap Russell 2000 ($RUT) led the action with a solid 1.75% gain. More on the RUT in today's Current Outlook section below. The NASDAQ also gained 1.75%. The Do ...

Semis Extend Bounce off Key Retracement - XLI and XLF Surge off Support - Ranking and Grouping Key ETFs

Today we will rank and group the key ETFs that I follow. Instead of showing all five groups, like in last week's commentary, I will focus the middle three groups, which I think are the most interesting and still have potential. I am not even going to cover the laggards or ETFs in clear down trends, ...

Merchandise Trade Balance Slips into a Deficit Position in July

Ottawa, September 4, 2019— “With exports falling and imports rising, Canada's merchandise trade balance slipped into a $1.1 billion deficit position in July.” says Doris Chu, a Senior Economist with the Conference Board of Canada.  “After powering the economy in the second quarter, Canada ...

Tim Taschler: Looking at Gold

I pay close attention to the weekly COT report, especially when any of the reporting groups (commercial hedgers, large speculators, small speculators) are at a record position, long or short. Last Friday’s release of the Commitment of Traders report (COT) showed that, in the gold market, commerc ...

A Dynamic Stock?

One of the industry groups that hit a new high this month was the Aerospace and Defence industry group ($DJUSAE). That chart looks beautiful. Looking through the charts in that industry group, Northrop Grumman (NOC) has been roaring higher. But another chart setting up nicely right now is General ...

Airbus pulls out of fighter jet competition

Airbus is pulling out of the competition to design Canada’s next fleet of fighter jets. The company’s defence and space unit and the United Kingdom’s Ministry of Defence jointly informed the Canadian government about the decision, according to a statement released Friday. Airbus cited the pro ...