December 29, 2016
On this second-last day of trading for 2016, the S&P 500 was about unchanged while the Toronto index was up […]
On this second-last day of trading for 2016, the S&P 500 was about unchanged while the Toronto index was up […]
CN Rail is updated and rated (lower) Sell (meaning somewhere between a Hold and an outright Sell rating) at $92.01.
Today, I completed a currency transfer of $25,000 U.S. dollars from the U.S. side of my RRSP to the Canadian
On Wednesday, the S&P 500 was down 0.8% and Toronto was up 0.2%. Rate reset preferred shares were up today.
Amazon is updated and remains rated Sell, now at $771. This company is not well suited to fundamental analysis because
I edited one cell of the Costco report to comment on its switch from accepting only American Express credit cards
On Tuesday, the S&P 500 rose 0.2% while Toronto took the day off. Toll Brothers was up 1.8% to $31.91.
Walmart is updated but is rated Weak Sell. This is a neutral rating with a slight leaning to Sell. In
Costco is updated and rated Weak Sell at $162.08. It is clearly a fantastic company. It’s the best in class
I was one of three “stock-pickers” featured in the Edmonton Journal on Saturday as my three stocks picks for 2016, provided
On Friday, the S&P 500 was up 0.1% and Toronto was down 0.1%. Boston Pizza Royalties Income Fund rose 1.4%
FedEx is updated and rated (lower) Buy at $192.60 This stock is up 29% in 2016 and we had it
On Thursday, the S&P 500 was down 0.2% while Toronto was up 0.2%. Bombardier was up 3.4% Statistics Canada reported
On Wednesday, the S&P 500 was down 0.3% and Toronto was up 0.1%. Fedex was down 3.3% after releasing earnings.
On Tuesday, the S&P 500 was up 0.4% and Toronto was up 0.1%. And the Dow Jones Industrial Average came
On Monday, the S&P 500 was up 0.2% and Toronto was up 0.1%. Bombardier had a strong day, up 6.8%
On Friday, the S&P 500 was down 0.2% and Toronto was up 0.2%. Bombardier had a good day, up 5.1%
On Thursday, the S&P 500 was up 0.4% and Toronto was up 0.1%. AutoCanada was up 2.6%. TransForce was up
Constellation Software is updated and rated Buy at CAN $591. Note that the analysis is in U.S. dollars because it
On Wednesday, the FED raised its target overnight inter-bank lending rate by 0.25%. This was fully expected. They also indicated
On Tuesday, the S&P 500 was up (another) 0.6% and Toronto was up the same percentage. Agrium was one of
Boston Pizza Royalties Income Fund is updated and rated (lower) Buy at $22.64 Here is some history on this one.
On Monday, the S&P 500 was down 0,1% and tronto was down 0.2% (despite a rise in oil prices) CRH
The next update will be for Royal Bank. I just read closely through about 100 pages of its massive annual
On Friday, the S&P 500 was up 0.6% and Toronto was up 0.1%. Agrium was up 2.5% to $144.13. I
Bank of America is updated and rated (lower) Buy at $23.09. This stock is up 37% this year and started
Our report for Dollarama is updated and rated Weak Buy at $101.27. I continue to view this as one of
Thursday was yet another positive day on the markets. The S&P 500 was up 0.2% and Toronto was up 0.4%.
On Wednesday, the S&P 500 was up 1.3% and Toronto was up 0.7%. Linamar was up 4.0% for a 20%
The report on the Canadian Western Bank Series 5 rate reset preferred shares is updated. At $19.00 these are rated
Toll Brothers (a luxury home builder) is updated and rated (higher) Buy at $32.40. The recovery in the U.S. home
On Tuesday, the S&P 500 was up 0.3% and Toronto was up 0.2%. Notable gainers included: Linamar, up 4.5%
Monday was another positive day on the markets with the S&P 500 up 0.6% and Toronto up 0.3%. Notable gainers
On Friday, the S&P 500 was about unchanged, while Toronto was up 0.2%. Canadian Western Bank (see the update) fell
The report on Canadian Western Bank is updated and rated Weak Buy /Hold at $29.51. I had last rated it
Thursday was a mixed day in the markets as the S&P 500 was down 0.4% (even as the DOW was
Wednesday was a positive day for the Canadian stock market as the members of the Organization of Petroleum Exporting Countries
On Tuesday, the S&P 500 was up 0.1% while Toronto was down 0.1%. Oil was down about 4%. CRH Medical
On Monday, the S&P 500 was down 0.5% and Toronto was down 0.4%. CRH Medical corporation was down 16.2%. It had
Linamar is added to our list as a Strong Buy at $51.09. With very strong recent earnings growth and a
On Friday, the S&P 500 was up 0.4% to another record high. Meanwhile, Toronto was unchanged for the day. TransAlta
November 26, 2016 Hey All, Shopify is a company I recently discovered that goes against nearly every investment tenet I
On Thursday, the U.S. equity markets were closed for the holiday while Toronto ended the day about unchanged. TransAlta, which
As of now, the post-election party in the markets continues for most stocks. (Update 12:15 eastern with U.S. markets closed we
U.S. stock indexes set new record highs again today. The S&P 500 was up 0.2% and Toronto (which is not
Returns are bustin’ out all over… The U.S. stock market indexes are at record highs. The S&P 500 was up
Toll Brothers stock price has declined in the past three month and remains well below where it was in 2014
On Friday, the S&P 500 was down 0.2% and Toronto was up 0.3% Canadian Western Bank was up 2.7% to
TransForce is updated and rated Weak Buy / Hold at $33.15. It’s a great company. But it is facing a
Thursday was a positive day as the S&P 500 rose 0.5% and Toronto was up 0.6%. CRH Medical was up
On Wednesday, the S&P 500 and Toronto were each down 0.2%. The biggest decliner on our list was Bombardier down
On Tuesday, the S&P 500 was up 0.7% and Toronto was up 1.1%. Some of the U.S. bank shares continued
Enbridge is out with a 5.15% rate reset preferred share that features a minimum 5.15% upon reset. That minimum provides
Monday was a bit of a mixed day in the markets as some stocks had notable increases while others had notable
TransCanda is out with a 4.9% minimum rate reset preferred share. That seems attractive for a portion of most portfolios.
On Friday, the S&P 500 was down 0.1% and Toronto was down 1.3%. Dollarama was down 3.4%. It never seems
Stantec is updated and rated (lower) Buy at Canadian $34.17. This is a great company and will continue to grow.
Our report on American Express is updated for the Q3 results and rated Speculative (lower) Buy at $70.50. It has
Our report on Melcor Developments is updated as a Strong Buy at $12.89. This stock is down 11.5% in 2016
Markets are up strongly again today. With Wells Fargo up 6.6% and given its recent troubles and given there may
Few people would have predicted that stock markets would rise on a trump victory. The S&P 500 was up 1.1%
My strategy would be to buy the likes of Berkshire and Costco on the dip. This result is more proof
I am not surprised by the continuing steep decline in the price of Valeant. In the case of Valeant, the
Markets were very strong on Monday as most investors decided that the end of the FBI’s email investigation, announced Sunday,
On Friday, the S&P 500 was down 0.2% and Toronto was down 0.5%. Stantec was down 3.7% to $29.09 ahead
Berkshire Hathaway is updated and rated (lower) Strong Buy at $142.95. I believe it is a good time to buy
AutoCanada is updated for its Q2 earnings release and rated Buy. The earnings results were disappointing and the stock was
November 5, 2016 Hello All, You may have noticed that North American stocks have been falling quite consistently lately. In
On Thursday, the S&P 500 was down 0.4% and Toronto was down 0.1%. Canadian tire was up 2.4%. AutoCanada was
On Wednesday markets were down as oil prices were down and as fears of the election outcome put downward pressure
On Tuesday, the S&P 500 was down 0.7% while Toronto was down 0.1%. There were no particularly noteworthy moves in
I am a day late to talk about tricks, but watch out for the following one: I am getting emails
On Monday, the S&P 500 and Toronto were each about unchanged. Constellation Software was up 3.9%. TransForce was up 2.8%.
TransForce is up 7.4% to $29.17 on its news that it is making another large acquisition. It’s been a great investment
At mid-day Toll Brothers was down another 2.0% to about $27.50. I have almost no U.S. cash available but used
On Wednesday, the S&P 500 was down 0.2% and Toronto was down 0.4%. CN Rail was down 3.8% after its
On Tuesday, the S&P 500 and Toronto were each down 0.4%. CRH Medical was up 2.1% to $6.22 in Toronto
On Monday, the S&P 500 was up 0.5% while Toronto was down 0.1%. The best gainers on our list were
On Friday, the S&P 500 was unchanged and Toronto was up 0.6%. The Canadian dollar fell to 0.7% to 75.0
Posting tonight from Cape Breton, Nova Scotia. On Thursday, the S&P 500 was down 0.1% while Toronto was about flat. American
Wednesday’s market saw the S&P 500 rise 0.2% and Toronto rise 0.6%. Oil was up over 1% and is now
Tuesday was an up day in the stock markets with the S&P 500 up 0.6% and Toronto up 1.1%. Most
On Monday, the S%P 500 was down 0.3% while Toronto was up 0.1%. Oil has slipped below $50 but is
On Friday, the S&P 500 ended the day about unchanged while Toronto was down 0.4%. The Canadian Western Bank rate
Wells Fargo is updated and rated Speculative Buy at U.S. $44.71. This bank has been very much in the news
On Thursday, the S&P 500 fell 0.3% while Toronto was up 0.2%. One of the larger gains was Couche-Tard up
On Wednesday, the S&P 500 rose 0.1% while Toronto was up 0.5% and oil hung in just over $50.00. TransForce
On Tuesday, the S&P 500 was down 1.2% while Toronto was down only 0.1%. There were no particularly large moves
On Monday, the S&P 500 rose 0.5% while Toronto was closed for the holiday. Markets were positive on the perception
CRH Medical Corporation is added to our list as a Speculative Buy at U.S. $4.32 or Canadian $5.72. Technically, it
On Friday, the S&P 500 fell 0.3% and Toronto was down 0.2%. There were few larger moves in the stocks
Thursday’s action saw the S&P 500 about unchanged while Toronto was down 0.1%. Canadian Western Bank was up 2.6%. Walmart
Wednesday the S&P 500 rose 0.4% and Toronto was up 0.6%. West Texas Oil came very close to U.S. $50.00
On Tuesday, the S&P 500 was down 0.5% and Toronto was down 1.1%. Some stocks declined in reaction to the
On Monday, the S%P 500 and Toronto each declined 0.3%. Heineken was up 2.6%. I have not bought any of
On Friday the S&P 500 rose 0.8% while Toronto fell 0.2%. Part of the reason for Friday’s S&P 500 gain
Bank of America is updated and rated (higher) Buy at $15.38. That was yesterday’s price, the price as I post
Thursday’s markets saw the S&P 500 fall 0.9% while Toronto was up 0.2%. U.S. financials stocks fell due to fears of
On Wednesday, markets got a boost from reports that OPEC would plan to reduce production starting in November. Some Canadian stocks
Tuesday’s action had the S&P 500 up 0.6% while Toronto was down 0.4%. Liquor Stores N.A. was up 3.0% to
On Monday, investors bid down the price of stocks as the S&P 500 fell 0.9% and Toronto fell 0.5%. Futures
On Friday, the S&P 500 was down 0.6% and Toronto was down 0.7%. Most of the stocks on our list
The Melcor Real Estate Invest Trust entity is added to our list and rated Buy at $8.63. Based on the
Thursday was a strong day in the markets as the S&P 500 and Toronto were each up 0.6%. AutoCanada was
On Wednesday, the S&P 500 rose 1.1% and Toronto rose 1.3%. The FED kept its target interest rate unchanged. FedEx
On Tuesday, the S&P 500 was about unchanged while Toronto was up 0.2%. Bombardier was down another 5.1%. This was
On Monday, the S&P 500 was unchanged and Toronto was up 0.3%. The biggest gainer on our list was Constellation
On Friday, the S&P 500 and Toronto were each down 0.4%. TransForce was up 1.9% to $26.76. It is a
North American markets rebounded on Thursday with the S&P 500 and Toronto each up 1.0%. Element Financial was up 5.5%.
On Wednesday, the S&P 500 was down 0.1% while Toronto was up 0.1%. Element Financial was the largest gainer, up
The report on Boston Pizza Royalty Income Trust units is updated and now rated (higher) Buy at $21.00 to yield
Tuesday was a down day in the markets with the S&P 500 falling 1.5% and Toronto down 1.7%. A drop
On Monday, the S&P 500 rose 1.5% while Toronto was up 0.4%. Walmart was the highest gainer on our list,
On Friday, the S&P 500 fell 2.5% and Toronto was down 1.8%. Apparently this was due to fears of a
Toll Brothers is updated and rated Strong Buy. As we expected, earnings are up very sharply in 2016. The price
AutoCanada is updated and rated Buy. Although its sales in Alberta are weak the stock price already reflects that. And
On Thursday, the S&P 500 fell 0.2% while Toronto was about unchanged. Oil rose due to a decline in inventories
Our report on Alimentation Couche-Tard is updated with a Buy rating at $65.50. This stock is up 1029% since it
On Wednesday, the S&P 500 was unchanged while Toronto was down 0.1%. Oil rose this evening to $46.24. Couche-Tard was
On Tuesday, the S&P 500 was up 0.3% and Toronto was up 0.1%. Amazon was up 2.1% today. Constellation software
Canadian Tire is updated and rated Buy at $136.72. Its Q2 earnings report was yet another quarter of strong growth.
On Friday, the S&P 500 was up 0.4% and Toronto was up 0.8% (as oil prices recovered somewhat). Our top
Canadian Western Bank is updated and rated Buy at $26.46. While there is always a chance that this bank could
On Wednesday, the S&P 500 was down 0.2% and Toronto was down 0.6%. Oil is down to $44.90. Bombardier was
On Tuesday, the S&P 500 fell 0.2% while Toronto was about unchanged. Agrium was a big gainer, up 7.3% on
Monday’s action saw the S&P 500 rise 0.5%. Toronto was up 0.3% despite a modest drop in oil prices. Wells
On Friday, the S&P 500 was down 0.2% while Toronto was up 0.1%. Our biggest gainer was Bank of America
Our report on Bombardier is updated and the stock is rated Sell at $2.05 Canadian. (Our report converts that to
Markets are reacting to a speech this morning from the FED chair after a meeting taking place at Jackson Hole,
Wednesday was a mostly negative day in the markets. The S&P 500 fell 0.5% and Toronto fell 0.9%. The only
On Tuesday, the U.S. markets closed near record highs with the S&P 500 up 0.2% to 2187. And Toronto was
On Monday, the S&P 500 fell 0.1% and Toronto rose 0.4%. A big mover today was Alimentation Couche-Tard, up 7.4%
On Friday, the S&P 500 and Toronto were each down 0.1%. The biggest move on our list was Walmart, down
On Thursday, the S&P 500 rose 0.2% while Toronto was flat. Oil is at just shy of $49 and the
Wednesday’s action saw the S&P 500 rise 0.2% while Toronto was about unchanged. Stantec was up 3.0%. Oil is now
Our report for Element Financial is updated with a rating of Speculative Buy at $13.60 (It closed today at $13.55).
On Tuesday, the S&P 500 was down 0.6% and Toronto was down 0.5%. Alimentation Couche-Tard was up 3.1% on rumors
The U.S. markets closed at record highs on Monday with the S&P 500 up 0.3%. Toronto was up 0.2% but
On Friday, the S&P 500 was down 0.1% and Toronto was down 0.3%. Element Financial was down 3.5%. I have
On Thursday, the S&P 500 rose 0.5% to a new record high close of 2186. The DOW and the NASDAQ
Wednesday saw the S&P 500 down 0.3% while Toronto was down 0.2%. Boston Pizza Royalties Income Fund was out with
On Tuesday, the S&P 500 was about unchanged while Toronto was up 0.3%. The rate reset preferred shares seem to
On Monday, the S&P 500 fell 0.1% while Toronto rose 0.7%. The biggest gainer on our list was AutoCanada, up
% to $15.05. On Friday, the S&P 500 rose 0.9% to a new closing high. This was driven by a
Stantec is updated and remains rated Buy now at CAN $29.95 and U.S/ $22.72. It has suffered a significant decline
On Thursday, the S&P 500 was about unchanged whil;e . Toronto was up 0.1%. Canadian Tire rose 4.4% on a
Stantec is down 6% to $30.65 after releasing earnings that were lower than last year. The market may be over
On Wednesday, the S&P 500 rose 0.3% and Toronto rose 0.2%. Oil was up about 3%. Most of the stocks
The report for Canadian National Railway Company is updated and rated Weak Sell / Hold. In Q2 its carloadings were
On Tuesday, the S&P 500 was down 0.6% and Toronto was down 0.7%. Oil closed at $39.50. Almost all the
FedEx is updated and rated Buy at $161.66. (This was yesterday’s closing price, as I post this it is at
On Monday, the S&P 500 was down 0.1% whilke Toronto was closed. Heineken fell 3.7% after reporting earnings partly due
Costco is updated and now rated Sell at $167.22 Costco is an exceptionally strong company and will certainly continue to
The report for Amazon is updated and is rated Sell at $759. Amazon has a P/E ratio of 189 times
On Friday, the S&P 500 and Toronto were each up 0.2%. Statistics reported on GDP figures for May. The decline
On Thursday, the S&P 500 rose 0.2% and Toronto was about flat. AutoCanada was down 2.1% perhaps indicating some lack
Heineken had its start in Amsterdam in 1864 when Gerard Adriaan Heineken, at the age of 22, purchased an existing
On Wednesday, the S&P 500 was down 0.1% while Toronto was about unchanged. AutoCanada was down 2.1% to $22.12. It
On Tuesday, the S&P 500 was about flat while Toronto was up 0.4%. Stantec was up 2.2% to $33.84. Toll Brothers
On Monday, the S&P 500 fell 0.3% and Toronto was down 0.7%. There were no particularly noteworthy movements in the
The report on the Wells Fargo preferred share on our list is updated and rated Sell at $26.07. While the
Our report on VISA Inc. is updated and remains rated Weak Buy at $78.94. VISA is a very strong company
Our Report for TransForce is updated and rated Buy at $24.81. I like the approach of the founder / CEO
On Thursday, the S&P 500 was down 0.4% while Toronto was up 0.2%. TransForce reported, after the close, earnings that
July 21, 2016 Based on my last email, I realized that it is currently an incredible opportunity to buy shares
July 21, 2016 I stumbled upon this brilliant Youtube series on value investing and how to buy quality companies (whether
July 21, 2016 Hey guys, Been awhile, hope everyone’s doing swell. Quick note on Questrade. The Globe & Mail does
On Wednesday, the S&P 500 was up 0.4% to another record high closing. And Toronto was up 0.1%. Notable gainers
The American Express report is updated for yesterday’s earnings release. It is no rated Speculative Buy as opposed to the
Wells Fargo is updated and remains rated (higher) Buy now at $48.53. As I read the earnings report I was
On Tuesday, markets were about flat. Melcor bounced up 5.0% but this essentially merely offset the decline of the previous
On Monday, markets were up as the S&P 500 rose 0.2% and Toronto rose 0.3%. A notable gainer was Bank
On Friday, Statistics Canada reported that manufacturing activity across Canada was down 1% in May, the third decrease in five
I was unable to post for a few days due to lack of a sufficient internet connection. But the market
Stocks rose again on Tuesday with the S&P 500 up 0.7% and Toronto up 0.8%. Bombardier was up 3.3% to
On Monday, the S&P 500 rose 0.4% to close at a new all-time high. Since stocks do not rise in
On Friday the markets added to what was already a strong week. The S&P 500 rose 1.6% and Toronto was
On Thursday, the S&P 500 was down 0.1% and Toronto was down 0.7%. Oil was down 4.7% to $45.21. Costco
On Wednesday, the S&P 500 was up 0.5% and Toronto was up 0.1%. AutoCanada was down 3.6% to $21.71. I
After last week’s rebound, it seems the U.S. market returned from yesterday’s Holiday in a bad mood about BREXIT which
On Monday, the Toronto Stock Exchange index was up 1.4% while the U.S. markets were closed. It is somewhat welcome
When I heard that some company had a made a bid to buy the Hershey company, I wondered it might
On Thursday, the S&P 500 was up 1.4% while Toronto was up 0.2%. On Canada Day the S&P 500 rose
What BREXIT Market correction? On Wednesday, the S&P 500 rose 1.7% to 2071. Toronto rose 1.4%. Last Thursday, before the
On Tuesday, the S&P 500 rose 1.8% and Toronto was up 1.1%. Almost all stocks were up. With the five
On Monday, the S&P 500 fell 1.8% and Toronto was down 1.5%. Most stocks were down including Stantec down 5.1%
Markets are down again today with the S&P 500 down 1.7% and Toronto down 1.6%. The U.S. bank stocks have
So, the surprise BREXIT result pushed the S&P 500 down 3.6% and Toronto down 1.7%. And it pushed oil down
Markets are down on the BREXIT leave vote. But with the S&P 500 down 2.3% it’s really not that big
Markets rose today on speculation of a remain vote win in the U.K. The S&P 500 was up 1.3% and
On Wednesday the S&P 500 was down 0.2% and Toronto was down 0.1%. The markets are waiting now to see
On Tuesday, the S&P 500 rose 0.3% while Toronto was about flat. Toll Brothers Fell 1.2% despite the fact that
Our report on Constellation Software Inc. is updated with a rating of (lower) Buy at $507. This is an exceptionally
On Monday, the S&P 500 was up 0.6% and Toronto was up 0.8%. Most stocks were up. AutoCanada was up
Our report American Express is updated and rated Weak Buy / Hold at $62.30. America Express is forecasting little to
On Friday, the S&P 500 was down 0.3% while Toronto was up 0.1%. The Bombardier Series 3 preferred share was
On Thursday, the S&P 500 ended the day up 0.3% while Toronto was down 0.3%. After the close, Canadian Western
On Wednesday the S&P 500 fell 0.2%. It initially rose on the FED decision to leaves rates unchanged but fell late
Canadian Western Bank is updated and rated Buy at $25.91. This is an almost pure lending bank (The big banks
Tuesday was a negative day as the S&P 500 was down 0.2% and Toronto was down 0.8%. American Express got
On Monday the S&P 500 was down 0.8% and Toronto was down 0.3%. There were no particularly notable moves in
On Friday, the S&P 500 was down 0.9% and Toronto was down 1.4%. Accordingly, most of our stocks were down.
In Glasgow now and fly out tomorrow morning. In two weeks in the U.K. I saw about a half hour
Posting from Inverness Scotland today… Apologies for lack of posts due to technology issues. Meanwhile the market seems to be
It seems the markets managed to do okay today despite me not looking in until after the close. Canadian western
Saturday is yet another warm sunny day here on the Isle of Man (our last day here). Liverpool then Western
Markets on Thursday were up modestly as were most of our stocks with no big moves either way. Oil is
It’s another sunny day on the Isle of Man though a bit windy. On Tuesday our stocks were mostly up.
Greetings now from the Isle of Man where a famous motorcycle race event is taking place. The weather is remarkably
Greetings from Morecambe, England. A tourist area on the western sea. Not far from Scotland. Quite an older area which
On Thursday, the S&P 500 and Toronto each ended the day about flat. See my previous post for two updated
I will be traveling in the U.K. for two weeks starting Sunday and so my posts will be less frequent.
Wednesday was a positive day in the markets with the S&P 500 and Toronto each up 0.7%. Wells Fargo was
On Tuesday, the S&P 500 rose 1.4% and Toronto rose 0.2%. Toll Brothers ended the day up 8.7%. Other gainers
Our report for Alimentation Couche-Tard is updated and rated Buy at $56.37. This has been an absolutely tremendous Canadian success
U.S. markets are about unchanged this morning while Toronto is closed for the holiday. I sold my Walmart shares this
Our report for Walmart is updated and now rated (lower) Buy at $69.86. The shares seem about fairly valued but
Stocks are mostly higher this morning with the S&P 500 up 0.7% and Toronto up 0.6%. Statistics Canada reported today
On Thursday, the S&P 500 was down 0.4% and Toronto was down 0.1%. Walmart ended the day up 9.6%. This
Walmart is up 8% this morning while the markets overall are somewhat down. The market may have been a bit
The S&P 500 was flat on Wednesday and Toronto was down 0.7%. Wells Fargo ended the day up 2.2% and
Oil is at $49.26. The S&P 500 is up 0.2% and Toronto is unchanged. Bank of America is up 3.6%
Tuesday’s action saw the S&P 500 fall 0.9% while Toronto rose 0.2%. Some companies in Canada have been active raising
The S&P 500 is down 0.5% while Toronto is up 0.3%. Statistics Canada reported Manufacturing sales for March: Manufacturing sales
On Monday, the S&P 500 and Toronto were each up 1.0%. Melcor was up 3.0%. Oil is at $48.22
This morning, the S&P 500 is up 0.6% and Toronto is up 0.9%. Oil is up 3.3% to $47.73. This
Melcor is updated and continues to be rated Strong Buy at $13.25. On Friday, the S&P 500 was down 0.9%
The Toronto market is flat at this hour while the S&P 500 is down 0.3%. Oil is down 1.3% but
On Thursday, the S&P 500 and the Toronto stock index were both about unchanged. Canadian Tire was up 4.5% on
Markets are down modestly on Thursday. Canadian Tire is up 2.7% to about $143 after releasing earnings. This company/stock was
On Wednesday, the S&P 500 was down 1.0% and Toronto was up 0.1%. Melcor reported Q1 earnings after the close.
On Wednesday, U.S. markets are down modestly while Toronto is up 0.2%. Oil is up 2.5% to $45.78. This is
Markets are higher on Tuesday with Toronto up 1.5% and the S&P 500 up 1.0%. Liquor Stores N.A. is up
On Monday, the S&P 500 was up 0.1% and Toronto was down 1.0%. Melcor was down 2.2% to $13.40. They
Toronto is up 0.8% while the S&P 500 is down 0.2%. AutoCanada is up 12.5% after reporting earnings. This is
The main market indexes were about unchanged on Thursday. Element Financial was up 5.6% but I did not se what news
Markets are moderately higher this morning. Oil is up 3.5% apparently related to production cuts associated with the Alberta fires.
http://www.investorsfriend.com/bostonpizzaroyalties/Stocks ended the day on Wednesday with the S&P 500 and Toronto each down 0.6%. Canadian Western Bank was down
Stocks are mostly down this morning. One exception is TransForce up 1.4% to $24.00 continuing a recent recovery from a
Tuesday’s session ended with the S&P 500 down 0.9% and Toronto down 1.1%. Oil is at $43.57 U.S. and the
Stock markets are down today. The S&P 500 is down 1.1% and Toronto is down 1.5%. There are probably a
On Monday, the S&P 500 rose 0.8% while Toronto was down 0.6% Oil is hanging in at about $45 U.S.
Warren Buffett appeared in a very lengthy interview on CNBC this morning. His insights are always worth listening to. http://www.cnbc.com/2016/05/02/warren-buffett-on-coke-bezos-wal-mart-and-more-cnbcs-full-coverage.html
You can listen to Warren Buffett (and Charlie Munger) answer questions for about five hours at the following link: https://finance.yahoo.com/brklivestream
This morning, the S&P 500 is down 0.8% while Toronto is up 0.5%. Oil is at $46.39. I bought a
On Thursday, the S&P 500 was down 0.9% while Toronto was about unchanged. Most of our stocks were down. Constellation
The big news this morning is that Bombardier announced a firm sale of 75 C- Series planes to delta airlines.
On Wednesday, the S&P 500 was up 0.2% and Toronto was up 0.6%. Oil is at $45.24. AutoCanada was up 2.8%.
The Toronto stock exchange index is up 0.3% this morning while the S&P 500 id down 0.4%. Oil is up
On Tuesday, the S&P 500 was up 0.2% and Toronto was up 0.1%. Bombardier was up 10.6% to $1.99. After
Markets are moderatly higher this morning. Bombardier is up another 7.8% to $1.94. Looking at this I wondered if I
On Monday, the S&P 500 fell 0.2% and Toronto fell 0.6%. Most of our stocks were down moderately and there
Markets are down this morning. This is despite oil holding in at $43.43. With Couche-Tard down 1.6% to $53.70 I
On Thursday night, I sent out an email with a link to the free newsletter. If, by chance, you did
Statistics Canada has released retail sales figures for February. Within Canada, retail sales were up 0.4% versus the prior year.
On Thursday, the S&P 500 was down 0.5% and Toronto was down 0.2%. Oil was down to $43.18. Actually, that
Markets are flat overall this morning. Canadian Western Bank is basically steady (down four cents) which is impressive after gaining
On Wednesday, the S&P 500 was up 0.1% and Toronto was up 0.3%. It was a better day than that
Stock indexes are up modestly this morning. Canadian Western Bank is up a somewhat immodest 5.1% on top of yesterday’s
On Tuesday, the S&P 500 was up 0.3% and Toronto was up 1.1%. Canadian Western Bank was up 6.6%. I
Statistics Canada reported a survey of large retailers today. A very mixed picture . Liquor up 10%, footwear up 15%
On Monday, the S&P 500 and Toronto were each up 0.6%. Brookfield Office Properties came out with a 6.0% rate
Markets are moderately higher today despite the oil price decline. TD Direct alerted me to a new issue of rate
On Sunday, oil fell 7.4% to $38.42 as OPEC talks of a production freeze went nowhere. Reportedly, Saudi Arabia wanted
Markets are modestly weaker this morning. Oil is down 3.5% to $40. Bombardier is up 13% on rumors that a
Markets were about unchanged on Thursday. Bombardier was up 7% on rumors of a sale of C Series jets to
Statistics Canada reports that new vehicle sales in Alberta in February were down 9% in units and 4% in dollars
On Wednesday, the S&P 500 rose by 1.0% and Toronto by 0.7%. Bank of America was up by 3.9% and
On Tuesday, the S&P 500 was up 1.0% and Toronto was up 1.2%. Oil finished at just over $42 and
Markets are strong this morning with the S&P 500 and Toronto each up 0.8%. Oil is holding at just above
Markets are strong on Tuesday morning with the S&P 500 up 0.7% and Toronto up 1.0%. Oil is at $41.12
On Monday the S&P 500 was down 0.3% while Toronto was up 0.2%. The stocks on our list were quiet
Markets are higher on Monday morning. The TSX is up 0.8% with oil up to $40.3. Toll Brothers is up
The Toronto market was strong on Friday rising 1.0% as oil rose. The S&P 500 was up 0.3% Canadian Western Bank
Markets are strong this morning with oil up 6.3 to $39.60. Canadian Western Bank is up 4.4%. Statistics Canada came
On Thursday, the S&P 500 fell 1.2% and Toronto was down 0.6%. Costco was down 3.0%. I have updated the
Markets are down this morning. However Statistics Canada reports that building permits were up significantly in February versus March in
On Wednesday, the S&P 500 1.0% and Toronto rose 0.3%. Element Financial was up 3.3%, Amazon was up 2.7% and
Statistics Canada has provided an annual review of Canada’s 2015 imports and exports. Canada had a $23 billion dollar trade
On Tuesday, the S&P 500 fell 1.0% and Toronto was down 0.2%. Wells Fargo was down 2.0%, Bank of America
Statistics Canada reported today that Canada’s exports were down in February versus January and that the trade deficit has widened.
On Monday, the S&P 500 was down 0.3% and Toronto was down 0.8%. Melcor was up 5.2%. However, this was
Tax Avoidance and Tax Evasion The use of tax havens is in the news after a leak of documents. I
Our Dollarama report is updated and rated Weak Buy at $92.13. The story here has not changed. Fantastic company but
Markets are moderately weak today. Oil is down 3.8% to $36.88. Despite the difficulties that causes for many, (including to some
Time marches on and Q1 is now over. On Thursday, the S&P 500 was down 0.2% and Toronto was down 0.1%.
Statistics Canada reported today that GDP rose a huge (assuming it’s not an annualized figure) 0.6% in January and rose
On Wednesday, the S&P 500 was up 0.4% and Toronto was up 0.6%. The Canadian dollar is at 77 U.S.
Markets are strong this morning with the S&P 500 up 0.6% and Toronto up 1.0%. Dollarama is up 6.3% based
On Tuesday, the S&P 500 rose 0.9% and Toronto rose 0.3%. Notable gainers included Toll Brothers up 3.2%, Melcor up
The Toronto stock market is down about 0.6% today as Oil is down to $38. Melcor Developments is out with
Markets were tame on Monday with the S&P 500 about unchanged and Toronto up 0.2%. Reports today indicate that Warren
Market are slightly weak today… I have added today to my Stantec position. I also started a new position in
Our report on Stantec is updated with a rating of Buy at CAN $31.33 or U.S. $31.33. Stantec’s earnings declined
Our report for AutoCanada is updated and the stock is rated Speculative Buy at $17.42. It could have been rated
Markets are down modestly this morning… Statistics Canada reports that the number of people on EI (Employment Insurance) did not
On Wednesday the S&P 500 was down 0.6% and Toronto was down 0.8%. AutoCanada was down 3.6% to $16.52. I
This morning Amaya Gaming is down 22% to $14.50 on news that’s its CEO is charged with insider trading in
On Tuesday, the S&P 500 ended the day down 0.1% while Toronto was down 0.5%. Rate reset preferred shares have
Markets are down moderately on the Brussels, Belgium attacks. It would be understandable if people react be canceling trips to the
On Monday, the S&P 500 was up 0.1% and Toronto was up 0.5%. Yahoo Finance reports Oil (West Texas, May
In this morning’s news Valeant’s CEO will soon step down and the company has admitted that it has serious problems
On Friday, the S&P 500 rose 0.4% while Toronto fell 0.9%. Decliners included Couche-Tard down 3.5%, Stantec down 3.2% and
Our report on Melcor is updated and rated Strong Buy at $13.82. The stock price has fallen substantially over the
Markets are up modestly in the U.S. but down modestly in Toronto. Oil is at $42. AutoCanada is down 5.2%
Markets were strong on Thursdays as the S&P 500 rose 0.7% and Toronto rose 1.1%. Oil (West Texas) is at
Markets are strong this morning and oil has surged 2.4% to $41. Melcor’s stock is up 1.7% to $14.00. But
Statistics Canada reports strong manufacturing sales in January: Manufacturing sales rose 2.3% in January to $53.1 billion, the highest level on record.
On Tuesday, the S&P 500 was down 0.2% and Toronto was down 0.6% – propelled by Valeant’s 51% face-plant. Those
Markets are down moderately this morning and oil is down 1.9% to $36.47. Valeant is down an ugly 34%. Sometimes
On Monday, the S&P 500 was down 0.1% and Toronto was down 0.3%. There were no big moves in any
Stocks are mostly down modestly to start the week. Statistics Canada has reported new auto sales for January. For Canada,
Our Canadian Western Bank rate reset preferred report is updated and rated (higher) Buy at $16.61. These shares yield an
I just sent a note to the free newsletter list that the S&P 500 index is over-valued. You should have
Our Berkshire Hathaway report is updated and rated Buy at $141. I would judge this to be a good stock
Stocks were up pretty much across the Board on Friday. The S&P 500 was up 1.6% and Toronto was up
On Thursday, the S&P 500 was about unchanged and Toronto was down 0.1%. Liquor Stores N.A. fell 6.9% due to
On Wednesday, the S&P 500 rose 0.5% and Toronto rose 0.6%. Canadian Tire rose an impressive 2.9%. Liquor Stores N.A.
Just when we were all getting used to the market going up pretty much everyday for the past few weeks,
Laurentian Bank is out with a offering of five year rate reset shares this morning. Available through TD Direct and
Monday was a strong day on the markets, particularly in Toronto which was up 1.3% as oil rose about 5%
Canadian stocks are mostly higher this morning. Oil is up 3.3% to $37.09 and the Canadian dollar is at 75.0
The report for Canadian Western Bank is updated and it remains rated Strong Buy. Their Q1 earnings were about flat
Royal Bank of Canada has been added to our list and rated Strong Buy. It appears attractive based on a
Subscribers, please forgive me using this space for a personal advertisement. My son is looking for a summer job position
U.S. markets are slightly up this morning after a positive jobs report in which the unemployment rate remained at 4.9%.
Thursday was a positive day in the markets with the S&P 500 up 0.3% and Toronto up 0.8%. Oil is
The Canadian Western Bank Q1 earnings report was released this morning. The results were relatively good (earnings flat) considering the
On Wednesday, the S&P 500 rose 0.4% while Toronto was up 0.3%. AutoCanda was up 5.6% but that of course
Statistics Canada reports this morning that capital spending in the oil and gas extraction industries in Canada was down $10.3
On Tuesday, the S&P 500 surged 2.4%. “Strangely”, I don’t think you will hear very many investors at all complain about
Markets rose this morning due to positive economic reports. Note that, unlike analysts in the media, I will NEVER say that
Warren Buffett was the guest for a full three hours on CNBC’s Squawk Box this morning. This was from 5
On Monday, the S&P 500 ended the day down 0.8% while Toronto gained 0.5% as oil rose to $33.75. Constellation
Markets are off to a slightly positive start for the week. Statistics Canada reports that restaurant/bar sales rose in December
Buffett’s annual letter was posted today. He once again expressed confidence in the future, noting that today’s crop of new
Our Toll Brothers report is updated and the stock is rated (lower) Strong Buy. I was disappointed that the earnings
Life expectancy was addressed today in a new Statistics Canada report. Life expectancy is, of course, a major factor in
On Thursday, the S&P 500 rose 1.1% to 1952. This puts it 8.5% below its all time high. That is
Stantec is down 3.8% after releasing Q4 earnings that were down 33% mostly due to lower oil and gas and
On Wednesday, markets closed relatively unchanged after a very weak start to the day. The S&P 500 was up 0.4% and
Markets are down this morning partly due to Royal Bank’s earnings not being as good as hoped with concerns about
Tuesday’s action had the S&P 500 down 1.3% and Toronto was down 0.6%. Most stocks were down but Bombardier was
Markets are down this morning with weaker oil prices. Toll Brothers came out with earnings. The stock at first dropped
Monday was a strong day in the markets with the S&P 500 up 1.4% and Toronto up 0.2%. Oil is
Markets are up this morning due to oil being up 5.4% which was in turn due to some new projections
I have now listened to Canadian Tire’s conference call. My reason for selling the shares was that I have been
Friday, the S&P 500 was unchanged while Toronto was down 0.9%. Canadian Tire was up 3.3% to almost $130. I
Markets are down this morning. But Canadian Tire is up another 1.9% to $128. Statistics Canada reports that annual inflation
In Thursday’s action, the S&P 500 was down 0.5% and Toronto was up 0.5%. Canadian Tire was up 7.8% on
Canadian Tire’s Q4 earnings were strong and the stock is up about 7%. And this on a day when markets
Wednesday was another interesting day in the markets. The S&P 500 was up 1.6% and Toronto was up 2.5%. Oil
On Tuesday, the S&P 500 was up 1.6% and Toronto was up 1.4%. Most of the stocks on our list
Markets are up modestly this morning but are down from earlier highs. It had been hoped that OPEC meetings would
I have been thinking about adding Royal Bank to our list because so many Canadian investors own it and because
On Friday, the S&P 500 was up 1.9% and Toronto was up 2.4%. Oil was up 11% on hopes that
TransForce Inc. is updated and rated (higher) Buy. Earnings from continuing operations will likely decline modestly in 2016 due to
Statistics Canada reports that new car sales in December for Canada were down 2%. In Alberta they were down 22%.
Agrium is updated and rated Speculative buy at Canadian $114 and U.S. $81.25. It’s a tough company to predict since
Statistic’s Canada reports that new home prices were about unchanged in December. These prices tend to be stubborn and take
On Wednesday, the S&P 500 was about unchanged and Toronto was down 0.8%. Boston Pizza reported basically blow-out results especially
The Boston Pizza report is updated and rated (higher) Strong Buy at $16.90. Normally I would not expect Boston Pizza
Gasoline in Edmonton this morning is selling at 59.9 cents per liter. Deduct 5% GSP and that is 57.0 cents
The Boston Pizza Royalty units Q4 report out this morning far exceeded my expectations. Same-store sales royalty-eligible sales were up
Tuesday’s markets had the S&P 500 down 0.1% while Toronto was down 2.0% as oil slid about 5%. It’s human
Statistics Canada reports that: “Canada produced 19.2 million cubic metres of crude oil and equivalent products in November, up 3.6% from the same
Monday was a negative day in the markets with the S&P 500 down 1.4% and Toronto down 1.8%. Among the
The report for Canadian National Railway is updated and the stock remains rated Buy.
Oil is below $30. And with few signs of supply reductions oil could certainly remain low. Financial stocks are down
On Friday, the S&P 500 fell 1.9% while Toronto was down 0.1%. Bombardier fell 8% while its preferred shares fell
The U.S. added only an estimated 151,000. This was weaker than the expected 190,000. But the official unemployment rate fell
On Thursday, the S&P 500 was up 0.1% and Toronto was up 1.4%. Costco was down 2.3% after reporting same-store
Markets are strong this morning with oil up another 3% to $33.26. Q4 earnings reports continue to come in. The
With a late in the day rally, the S&P 500 finished Wednesday up 0.5% and Toronto finished up 1.2% as
In the news this morning: Rona Inc. is up about 100% after agreeing to a takeover deal from Lowes. this
Tuesday was a weak day in the markets with the S&P 500 down 1.9% and Toronto down 1.8%. And oil
Last night it became clear that Bernie Sanders has a very legitimate chance of being the Democratic Nominee. And whoever
On Monday the S&P 500 was about unchanged and Toronto was down 1.2%. And oil was down about 6%. TransForce
The TSX is down 1.6% on lower as oil is down about 4.0%. The S&P 500 is down 0.4% as
On Friday, the S&P 500 was up 2.5% and Toronto was up 1.8%. Visa Inc. was up 7.4% on
Thursday was a positive day for stocks. The S&P 500 was up 0.5% and Toronto was up 1.7%. Oil was
Statistics Canada reports food and restaurant sales in Alberta down 0.2%. So just a tiny decline despite the economy. I
Markets are up today. Probably due to some combination of news including earnings reports, higher oil and China “injecting liquidity
Monday was a down day in the markets with the S&P 500 down 1.6% and Toronto down 2.0%. Accordingly, almost
TD Direct Investing has a new issue out, a 5.75% rate reset preferred share from Empire Life Insurance Company. The
American Express is updated and rated Speculative Buy. This company is down 37% since it was first added to this
On Friday, the S&P 500 was up 2.0% and Toronto was up 2.9% as oil had a very strong rise
Statistics Canada has reported the December inflation numbers. The Canadian CPI was up 1.6% from the prior year held down
Thursday was a welcome positive day in the markets. The S&P 500 was up 0.5% and Toronto was up 1.6%
Statistics Canada reports tthat residential construction in Canada was up 2.2% in November compared to the prior year. But single
Wednesday was another memorable day in the Stock markets. The S&P 500 closed down 1.2% and Toronto was down 1.3%.
The report for Bank of America is updated with a rating of Speculative Strong Buy at $13.69. Bank of America
On Wednesday morning the Bank of Canada left interest rates unchanged. I believe this was good news. But it was
Tuesday ended with the S&P 500 about unchanged and Toronto up 0.5% – despite a drop in oil prices. Most
The biggest or virtually only reason for the Canadian 69 cent dollar is said to be lower oil prices. But
On Monday, the U.S. stock markets were closed while Toronto fell 1.1%. Some of the big questions facing investors are
New vehicle sales for November were reported today by Statistics Canada. For Canada overall, the number of new cars and trucks sold
Wells Fargo is updated and rated (higher) Buy at $48.82. The recent markets declines are surely a distraction. But given
We are just two weeks into the new year but it feels longer. On Friday, the S&P 500 was down
On Thursday, the market had its first significantly positive day of the new year. The S&P 500 was up 1.7%
The 2016 market slump continued on Wednesday. The S&P 500 was down 2.5% and Toronto was down 1.6%. Almost all
On Tuesday, the S&P 500 ended the day up 0.8% and Toronto was up 0.4%. Oil dipped under $30 and
On Monday the S&P ended the day up 0.1% while Toronto was down 1.0%. Oil was down 6% to about
According to Standard and Poors, Q4 earnings for the 500 S&P 500 companies are expected to rise some 21% on average on
Friday marked the end of an ugly week in the markets. The S&P was down another 1.1% while Toronto was
Thursday was another negative day for stocks with the S&P 500 down 2.4% and Toronto down 2.2%. Walmart remained one
On Wednesday, the markets took a hit from North Korea’s test of a nuclear bomb. The S&P 500 was down 1.4%
On Tuesday the S&P 500 rose 0.2% while Toronto fell 0.1%. Stocks on the move included Walmart, up 2.4%. However
Stock markets in 2016 have started off on a negative footing. On Monday, the S&P 500 fell 1.5% while Toronto
Our stock ratings as of today along with the closing 2015 prices will be used to track our performance in
I will have a few more updates before the Markets open on Monday and the fun begins again for another year.
2015 was a poor year for the Canadian Stock market, with the TSX down 11.1%. Our own stock picks were