Ten‑A‑Day quant desk
MARKET OPEN 14:08 ET
Dual-momentum signal · book as of 2026-10-02 · rebalances monthly · signals are research, you execute in Wealthsimple.
Backtest equity · 1999-12-31 → 2026-06-09 · log scale
Sharpe 1.00 backtest
+28.1%/yr backtest — but ~half is survivorship bias. Realistic live edge ≈ index + a little (~+0.2 Sharpe).
backtest only
not a forecast
Dual-momentum (backtest) Hold XIU maxDD -35% · vs XIU +8.1%/yr
RegimeRISK-ON
XIU.TO vs 200d52.78 / 50.12
Holdings5 / 5
Live vs XIU · since 2026-06-08 -12.8% / +3.1%

Paper Trade · Live

▼ behind XIU $160 since 2026-06-08 ● live · 60s
Net of ~0.25%/side assumed spread+slippage — the basis you'd actually net at this size, not an optimistic fill.
Strategy · paper, live-marked
$873.65 -12.64%
vs Hold-XIU
$1033.61 +3.36%
PositionQtyEntryLiveValueP&L
DSV.TO
DISCOVERY SILVER CORP
 14.13212.31 12.13$171.42 $-2.54 (-1.5%)
BDT.TO
BIRD CONSTRUCTION INC.
 2.18079.81 83.65$182.34 $+8.37 (+4.8%)
TVE.TO
TAMARACK VALLEY ENERGY LTD
 13.16913.21 13.54$178.31 $+4.35 (+2.5%)
CEU.TO
CES ENERGY SOLUTIONS CORP
 9.41918.47 18.77$176.79 $+2.83 (+1.6%)
AYA.TO
AYA GOLD AND SILVER INC
 4.25438.28 38.74$164.78 $+1.96 (+1.2%)
$1,000 split equal-weight into the book at inception (2026-06-08), marked at the live 1-minute price. Auto-refreshes every 60s while the market is open. The honest forward scoreboard vs simply holding XIU — this is the number that ultimately counts.

Today’s Book

RISK-ON (index above 200d) equal-weight · monthly
DSV.TO DISCOVERY SILVER CORP Basic Materials HOLD ≈ 15.974 sh
12-1 Momentum
+139%
Quality
91/100
Price
12.52
Weight
$200
Disaster stop
10.02
Trend
above 200d
📊 ROE 39% · margin 22% · rev +125%
AYA.TO AYA GOLD AND SILVER INC Basic Materials HOLD ≈ 5.171 sh
12-1 Momentum
+129%
Quality
88/100
Price
38.68
Weight
$200
Disaster stop
30.94
Trend
above 200d
📊 ROE 26% · margin 33% · rev +151%
TVE.TO TAMARACK VALLEY ENERGY LTD Energy HOLD ≈ 14.948 sh
12-1 Momentum
+127%
Quality
56/100
Price
13.38
Weight
$200
Disaster stop
10.70
Trend
above 200d
📊 ROE 1% · margin 2% · rev +43%
BDT.TO BIRD CONSTRUCTION INC. Industrials HOLD ≈ 2.342 sh
12-1 Momentum
+125%
Quality
61/100
Price
85.41
Weight
$200
Disaster stop
68.33
Trend
above 200d
📊 ROE 13% · margin 2% · rev +23%
CEU.TO CES ENERGY SOLUTIONS CORP Energy HOLD ≈ 11.179 sh
12-1 Momentum
+101%
Quality
89/100
Price
17.89
Weight
$200
Disaster stop
14.31
Trend
above 200d
📊 ROE 24% · margin 7% · rev +24%
Skipped by the 3 gates (tradeable · quality · sector):
MAU.TO MONTAGE GOLD CORPweak fundamentals (quality 22/100 — ROE -18% · margin 0%) +170%
IAU.TO I 80 GOLD CORPweak fundamentals (quality 20/100 — ROE -72% · margin -199% · rev -12%) +86%
SKE.TO SKEENA RESOURCES LIMITEDweak fundamentals (quality 6/100 — ROE -175% · margin 0%) +72%
EQB.TO EQB INCweak fundamentals (quality 0/100 — ROE -0% · margin -0% · rev -68%) +40%
CU.TO CANADIAN UTILITIES LTD., CL.A, weak fundamentals (quality 27/100 — ROE 2% · margin 3% · rev +9%) +36%
LB.TO LAURENTIAN BANKweak fundamentals (quality 0/100 — ROE -0% · margin -1% · rev -8%) +29%
CURA.TO CURALEAF HOLDINGS INCUS-cannabis — restricted on Wealthsimple +12%
BIP-UN.TO BROOKFIELD INFRA PARTNERS LP UNweak fundamentals (quality 38/100 — ROE 8% · margin 1% · rev +19%) +12%
Strongest by momentum, but each failed a gate — the next name that clears all three took its slot above.
⊘ Fractional shares: each slot is ≈ $200. Where one share costs more than that (e.g. none today) you’ll buy a fractional share. Wealthsimple supports fractional shares for most large TSX/US names, but a few aren’t eligible — if so you’ll see a whole-share minimum at order time (round to the nearest whole share and keep the rest in cash).

Market Watchlist

48 TSX names context only — not buy signals
InstrumentLast1MRSITrend30D
BCE.TO
BCE INC.
 27.99 -13.6% 20.8
RCI-B.TO
ROGERS COMMUNICATIONS INC., CL.
 43.07 -17.1% 23.5
T.TO
TELUS CORPORATION
 11.28 -14.6% 24.6
ATD.TO
ALIMENTATION COUCHE-TARD INC
 76.55 -6.3% 25.7
NA.TO
NATIONAL BANK OF CANADA
 203.04 -6.2% 35.6
ENB.TO
ENBRIDGE INC
 66.08 -5.2% 35.9
QSR.TO
RESTAURANT BRANDS INTERNATIONAL
 99.77 -9.0% 37.3
BAM.TO
BROOKFIELD ASSET MANAGEMENT LTD
 63.54 -8.3% 38.5
BMO.TO
BANK OF MONTREAL
 236.08 -3.1% 39.0
FM.TO
FIRST QUANTUM MINERALS LTD
 39.81 -11.6% 39.6
RY.TO
ROYAL BANK OF CANADA
 278.99 -4.6% 39.8
ABX.TO
BARRICK MINING CORPORATION
 56.75 -10.0% 40.7
NTR.TO
NUTRIEN LTD
 99.63 -9.7% 40.7
OTEX.TO
OPEN TEXT CORPORATION
 31.45 -7.1% 42.5
ZEB.TO
ZEB.TO
 73.31 -3.2% 42.7
FNV.TO
FRANCO-NEVADA CORPORATION
 343.51 -7.8% 43.5
FTS.TO
FORTIS INC
 75.33 -1.6% 44.1
AEM.TO
AGNICO EAGLE MINES LIMITED
 260.77 -8.8% 44.1
WPM.TO
WHEATON PRECIOUS METALS CORP
 193.89 -10.4% 44.2
CP.TO
CANADIAN PACIFIC KANSAS CITY LI
 122.40 -2.6% 44.7
WCN.TO
WASTE CONNECTIONS INC
 219.90 -4.4% 45.1
L.TO
LOBLAW CO
 61.56 -1.2% 45.3
XIC.TO
XIC.TO
 56.66 -2.9% 45.9
TD.TO
TORONTO-DOMINION BANK
 167.32 -1.5% 46.3
XIU.TO
XIU.TO
 52.82 -2.7% 46.6
EMA.TO
EMERA INCORPORATED
 68.54 -1.1% 46.7
CM.TO
CANADIAN IMPERIAL BANK OF COMME
 157.90 -2.5% 47.1
WN.TO
WESTON GEORGE
 100.05 -0.1% 48.0
IMO.TO
IMPERIAL OIL
 177.95 -1.8% 48.7
CTC-A.TO
CANADIAN TIRE CORPORATION, CL.
190.07 -0.4% 48.8
BNS.TO
BANK OF NOVA SCOTIA
 129.56 -0.9% 50.7
CNR.TO
CANADIAN NATIONAL RAILWAY CO.
 170.69 +1.0% 51.5
SLF.TO
SUN LIFE FINANCIAL INC.
 112.21 +0.8% 52.3
CSU.TO
CONSTELLATION SOFTWARE INC.
 2943.05 -3.2% 52.6
CVE.TO
CENOVUS ENERGY INC.
 44.99 -0.1% 52.7
MG.TO
MAGNA INTERNATIONAL INC
 92.33 -0.2% 52.8
TRP.TO
TC ENERGY CORP.
 85.28 -0.6% 52.9
DOL.TO
DOLLARAMA INC
 182.11 +3.0% 54.1
MFC.TO
MANULIFE FIN
 61.53 +0.2% 54.4
GIB-A.TO
CGI INC
 100.26 -2.9% 54.4
CNQ.TO
CDN NATURAL RES
 69.08 -1.2% 54.6
DSG.TO
DESCARTES SYS
 113.50 +1.8% 56.0
LSPD.TO
LIGHTSPEED COMMERCE INC
 14.37 -1.5% 57.8
XEQT.TO
XEQT.TO
 46.11 +0.9% 58.6
TECK-B.TO
TECK RESOURCES LIMITED CL B
 97.25 +2.6% 58.9
TOU.TO
TOURMALINE OIL CORP
 63.43 +1.0% 60.1
SU.TO
SUNCOR ENERGY INC.
 98.86 +5.6% 60.7
SHOP.TO
SHOPIFY INC
 224.73 +11.8% 67.8
Signal = dual momentum: each month hold the top-5 TSX names by 12-1 return, only while the index is above its 200-day trend (else cash). Honest caveat: the backtest universe is current index members, so ~half the headline return is survivorship bias you can’t capture live; the real transferable edge is the ranking (≈+0.2 Sharpe over random survivors). Expect lumpy growth with 30%+ drawdowns — not weekly income. The Live-vs-XIU tracker above is the honest scoreboard; the watchlist here is market context, not a trigger.