CDNX Venture Index: Long-Term Technical Outlook
- •Hey everyone, Just read this interesting piece on the CDNX Venture Index by John Newell: CDNX Venture Index: Long-Term Technical Outlook .
- •He's talking about a "regime shift" for the CDNX, not just a late-cycle extension.
- •This idea of a fundamental shift rather than just another bounce or bust is definitely something to chew on.
Hey everyone,
Just read this interesting piece on the CDNX Venture Index by John Newell: CDNX Venture Index: Long-Term Technical Outlook. He's talking about a "regime shift" for the CDNX, not just a late-cycle extension. As someone who's had a few small-cap Canadian mining stocks in my portfolio for years (some for my eventual retirement, others for a bit of a thrill!), this really piqued my interest. I’ve seen this index go through some pretty wild swings, and honestly, the last few years have felt a bit like treading water for my holdings on the Venture. This idea of a fundamental shift rather than just another bounce or bust is definitely something to chew on.
Newell mentions a few stocks he's looking at, though the article snippet only hints at them. I'm always on the lookout for new ideas, especially for those smaller, potentially explosive plays that could really add some juice to the portfolio. My daughter's college fund could definitely use a boost, so I'm trying to be strategic with a small portion of my investments. Historically, I've done okay with early-stage resource companies when the market is turning around, but it's always a gamble, right?
What are your thoughts on this "regime shift" concept for the CDNX? Do you agree with Newell’s take, or do you think it's more of the same cyclical volatility we've come to expect from the Venture exchange? Any specific stocks out there you're watching that fit this narrative? Always appreciate hearing what others in the community are seeing and thinking!