20 stocks with momentum on their side ......now is a fine time to be positioning your portfolio for what lies ahead.

 

Which stocks tend to do best over this period? Mr. McGee ran hundreds of tests with CPMS data dating back to 1985 to find the variables that tend to shine most reliably.

He found that stocks with momentum – rising prices and earnings – are usually the best bets. The accompanying list of 20 Canadian stocks have the most attractive combinations of some of the highest scoring momentum metrics on Mr. McGee’s tests. These metrics include:

 

Canadian stocks with strong momentum

Rank	Company	Symbol	Market Cap ($-mil)
1	Xtreme Drilling & Coil	XDC-T	294.90
2	Badger Daylighting Ltd.	BAD-T	810.40
3	Storm Resources Ltd.	SRX-T	287.90
4	BNK Petroleum Inc.	BKX-T	186.30
5	AutoCanada Inc.	ACQ-T	799.30
6	Raging River Explor.	RRX-T	866.90
7	Valeant Pharmaceutical	VRX-T	36,211.00
8	Patheon Inc.	PTI-T	937.20
9	RMP Energy Inc.	RMP-T	606.00
10	Sirius XM Canada	XSR-T	634.10

Source

GOP Blink On Their Failure To Produce Anything Of Value For The USA

President Obama called their bluff, no doubt in part to blame the disruption on the GOP and further tarnish the party's public image. Now the most Republicans will get out of this is lower public approval and a chance to negotiate with Mr. Obama again before the next debt-limit deadline. If the Senate passes its compromise, Mr. Boehner will have little choice other than to bring it to the floor and let it pass with votes from either party. Mr. Obama will have to deliver enough Democratic votes to pass it.

Source WSJ

TSX moves higher as U.S. standoff

CANADA STOCKS-TSX moves higher as U.S. standoff boosts golds 16:48 EDT Monday, October 07, 2013 Print this article * TSX rises 29.60 points, or 0.23 percent, to 12,788.25 * Seven of 10 main index sectors advance * Gold producers climb 2.2 percent * BlackBerry jumps after report of strategic interest, analyst upgrade By John Tilak TORONTO, Oct 7 (Reuters) -

Canada's main stock index rose on Monday after a partial U.S. government shutdown boosted bullion's safe-haven appeal and caused a jump in gold-mining stocks. The shutdown neared its second week and highlighted a political standoff over U.S. debt and budget levels. With no resolution on the horizon, U.S. lawmakers braced for an Oct. 17 deadline to increase the country's borrowing power or risk default.

The Toronto market outperformed the S&P 500, gaining for a second straight session. "Overall this is a market that is trying to move ahead," said Elvis Picardo, strategist and vice president of research at Global Securities in Vancouver. "It points to the fact that investors are willing to take some risk." Investors certainly do not expect the worst-case scenario of a U.S. default to materialize, he added. "It's a bit of an ostrich-in-the-sand type of attitude."

The Toronto Stock Exchange's S&P/TSX composite index closed up 29.60 points, or 0.23 percent, at 12,788.25. Seven of the 10 main sectors on the index were higher. A 2.2 percent jump in gold producers helped boost the materials sector, which includes mining stocks.

"Gold stocks seem to be quite undervalued," Picardo said. "Some of the money is flowing into that sector purely based on the uptick in gold prices." The price of bullion rose more than 1 percent. Barrick Gold Corp added 1.4 percent to C$18.80, and Goldcorp Inc was up 1.2 percent at C$26.05. Industrials climbed 0.5 percent, with Canadian National Railway Co gaining 1.2 percent to C$107.24, and Canadian Pacific Railway Ltd advancing 2.2 percent to C$131.84. BlackBerry jumped 4.1 percent to C$8.20 on news of potential interest from strategic buyers and an analyst upgrade of the company's stock.

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