The Hidden Advantage of Canadian Stocks

Another week has passed, and that means another post to this blog. Out of the 6 stocks in play, 5 produced gains last week. The one stock that did not produce gains was the stock selected last week, and, as the following table shows, it did quite poorly:











Keep in mind that this blog is really just an experiment. I'll keep posting these stocks, as scientifically as possible, for at least a year, and at the end of this time, we will see what the results are. If you want to experiment with any stock trading ideas of your own, then I would recommend signing up for a free practice stock trading account with virtual money.

Although this blog really just is an experiment, I do, nevertheless, sometimes put money into these stocks. If you are curious, you can see what positions I am holding by having a look at my trading journal.

Here is this weeks trading with the trend stock:
















One thing that my table at the top of this post does not take into account is currency fluctuations. While the stock above trades in the United States, I also have many Canadian stocks in the table.

If you are American, and judging by my stats, you probably are, then many of the stocks I have posted should be of extra interest to you. This is because if you invest in the Canadian stocks I have posted, you have the potential to make money in two different ways. Firstly, of course, by the stock's appreciation, and, secondly, by the fact that the US Dollar is in a bear market.

For example, if you had invested in Canadian stock XYZ in 2001, and it increased in value by, say, 30%, then you would actually be sitting on a 65% gain, since the US Dollar has lost 35% of its value since 2001.

Also, please do not take offense by the fact that I am shorting American stocks and going long on Canadian stocks. This has nothing to do with politics or anything of that nature. I am only trying to make money!

Thanks for visiting.