Ted Dickson's blog

In my latest Talk Digital Network interview with Jim Goddard, I highlight how Canadian insiders have tilted towards old economy stocks. This move is likely in anticipation of better economy growth across the Canadian economy, notably Western Canada. With growth potentially on the upswing, old economy value stocks are likely to be regain favour with investors who will no longer have to pay premium valuations for growth. A shift towards value investing could put the relative performance of previous high flyers such as U.S. FANG (Facebook, Amazon, Netflix and Google) and Canadian marijuana stocks at risk. Indeed, we have already seen some interesting moves this month with auto stocks soaring as some marijuana stocks stumble.

Updated with Roundhouse Radio interview link at end of article.

Investors appear to be betting that the Trump years will essentially jolt the US economy out of its sub-par growth trend doldrums of the Obama-Bernanke-Yellen years. What remains unresolved is whether or not Trump policies will result in real growth or simply an inflationary mirage. Canadian gold stock insiders are betting on the latter.

Late last night we posted our April INK Edge Top 40 stocks on the INK Research website for subscribers. Saskatchewan focused Foran Mining Corporation (FOM) took the top spot. Miners in general have had a strong showing this month: Claude Resources Inc. (CRJ) and Dominion Diamond Corporation (DDC) helped to account, with Foran and other miners, for five out of the top ten spots, and, all told, Basic Materials (25%) edged out Financials (22.5%) to maintain its lead in the Top 40's sector allocation.