Introduction

As of Thursday March 13 2025 there is not much to relay in terms of short term stock picks. As the Ranking system shows, in the top three picks, only SLF.TO shows any promise and it is still too early to make a final judgment. When reading the table two numbers should stand out, SLOPE20 and Z_SCORE. SLOPE20 is the 20 day slope of the stock and Z_SCORE is the deviation of the price of the stock from the stock index. A positive SLOPE20 and a Z_SCORE less than -1.65 are indicative of a good short term investment. Finally the, #10%OPPS tells how many opportunities over a seven day span throughout 60 trading days, the stock could have been sold for 10% or more (the higher this value the greater the possibility of making 10% on a trade).

Environment

The current economic environment in Canada is bleak. Donald Trump has imposed tariffs on Canada and has therefor increased the price of Canadian goods in America. This has spawned a trade war between the two countries and sparked negative sentiments by the people in both nations. Buying Canadian goods in Canada is openly promoted by the media and the same is true (to buy American goods) in America. This mentality will only have a further negative effect on Canada, which is non more evident that the effect it has had on corporations such as SHOP.TO which deals mainly in internet marketing and should not feel the effects of the tariffs too much, however, its price has plummeted in recent weeks like most other Canadian stocks.

Conclusion

The current Canadian situation leaves an investor to think that there really are no good investments in Canada at the moment. According to the screener downloadable here, Sun Life Financial (SLF.TO) is the best choice but it is likely that the payoff for a short term investment in SLF.TO will be low (less that 2%). It is wise then to keep out of the markets for the time being and wait for a golden opportunity – they will happen.