December 31, 2018
December 31, 2018: On Monday, markets closed out the year with gains. The S&P 500 was up 0.85% and Toronto […]
December 31, 2018: On Monday, markets closed out the year with gains. The S&P 500 was up 0.85% and Toronto […]
The report for RioCan is updated and rated Buy at $23.80 to yield 6.0%. This is fundamentally a lower return
The report for Fortis Inc. is updated and rated Buy at $45.07. Fortis projects raising its dividend by an average
On Friday, the S&P 500 was down 0.3% while Toronto was up 0.4% The great majority of stocks on our
On Thursday, the U.S. markets appeared set to take back most of Wednesday’s big gain. But the market rallied into
Costco is updated and rated Weak Buy / Hold at $198.63. It is a pleasure to read the annual report
Wednesday brought some welcome relief for the U.S. markets. The Toronto exchange was closed but should catch up tomorrow unless
Given recent market actions it was no surprise that markets were down once again on this Christmas Eve Monday. The
The recent stock market declines have been hard to stomach. The economy so far has remained strong with corporate earnings
Royal Bank of Canada is updated and rated (lower) Strong Buy at $90.95. With the market declines a lot of
Friday was another weak day as the S&P 500 closed down 2.1% and Toronto was down 1.5%. The situation with
Thursday was another nasty down day in the markets. The S&P 500 was down 1.6% and Toronto was down 0.9%.
FedEx is updated and rated (higher ) Buy at $163. It reported adjusted earnings per share in Q2 up 27%,
On Wednesday, markets were initially up. They then initially rose even more when the Fed increased rates as expected but
Markets closed relatively flat on Tuesday with the S&P 500 about unchanged and Toronto up 0.4%. Stantec was up 2.3%
Monday’s markets were ugly especially considering that the declines come on top of all the other recent declines. The S&P
The report for Canadian Western Bank is updated and rated (lower) Strong Buy at $26.10. CWB earned an ROE of
Dollarama is updated and rated (lower) Buy at $31.99. After being targeted by a short seller and after reporting unusually
With so many stocks trading at what appears to be bargain prices I am keeping a closer eye on insider
Friday was another negative day in the markets. The other side of that coin however, is that those with cash
Toll Brothers is updated and rates Strong Buy at $32.88. In it recently released Q4, earnings per share were up
On Thursday, the S&P 500 was about unchanged while Toronto was down 0.2%. CRH Medical was up 3.2%. Dollarama recovered
Stocks rose on Wednesday with the S&P 500 up 0.5% and Toronto up 0.8%. Constellation Software was up 3.3%. Toll
On Tuesday, the S&P 500 was about unchanged while Toronto was down 0.4%. Alimentation Couche-Tard rose 2.7%. This company continues
Monday was a volatile day in the markets. But at the end of the day, the S&P 500 was up
Melcor continues to buy back its small allowed quota of 1262 shares per day. It began the buybacks on October
Friday’s action saw the S&P 500 down 2.3% and Toronto down 0.95%. Costco was down 3.6%. AutoCanada was down 4.4%
On Thursday, the S&P 500 ended the day down 0.15% while Toronto was down 1.6% Earlier on Thursday, the S&P
On Wednesday, the U.S. markets were closed to respect the late President George H. W. Bush. Toronto rose 0.8% The
On Tuesday, the S&P 500 was down a hefty 3.2% while Toronto was down 1.4%. Most stocks were down. FedEx
On Monday, the S&P 500 ws up 1.1% which was likely due to reduced trade tensions between China and the
On Friday, the S&P 500 was up 0.8% while Toronto was about unchanged. AutoCanada was up 10.7%. This may have
On Thursday, the S&P 500 was down 0.2% while Toronto was up 0.15. Linamar recovered 3.3%. AutoCananda was up 4.1%.
The report for Melcor Developments is updated and rated (higher) Strong Buy at $12.75 based on the fact that it
On Wednesday, the S&P 500 surged 2.3% and Toronto was up 1.3%. This came after remarks by the FED Chair
There are lots of things to mention tonight. On Tuesday, the S&P 500 was up 0.3% while Toronto was down
Our report on the Melcor REIT is updated. Based on its 9.0% yield and the fact that it is trading
On Monday, the S&P 500 was up 1.5% while Toronto was about unchanged. Boston Pizza Royalties recovered 4.6% after it
On Friday, the S&P 500 was down 0.7% and Toronto was down 0.5%. BHP Billiton was down 4.0% which may
Our report for Boston Pizza Royalties Income Fund is updated and rated (higher) Buy at $15.53 (It closed today at
On Thursday, the U.S. stock markets were closed while Toronto was about unchanged. There were no particularly note worthy moves
Wednesday was another interesting day in the market. The S&P 500 was about unchanged. But Toronto was up 1.5% and
The report for WSP Global is updated and rated Buy at $64.18. It’s not cheap but if it keeps growing
Tuesday was a non-bring day in the markets. The S&P 500 was down 1.8% and Toronto was down 1.3%. Almost
Monday’s action saw the S&P 500 down 1.7% and Toronto down 0.6%. Canadian Western Bank had a notable decline of
On Friday, the S&P 500 was up 0.2% and Toronto was up 0.1%. Melcor Developments was up 4.0%. The company
Stantec is updated and rated (lower) Buy at $31.01. I was tempted to rate it higher due to a potential
On Thursday, the S&P 500 was up 1.1% while Toronto was up 0.1%. Stocks on the rise included: Visa, up
Canadian Tire is updated and rated (higher) Buy at $152.70. The stock has fallen in the past week even thought
On Wednesday, the S&P 500 was down 0.8% while Toronto was about flat. AutoCanada fell 12.3% to $11.09 giving back
The drop in the price of West Texas Oil along with continued wide discounts on Alberta oil do not bode
On Tuesday, the S&P 500 was down 0.15% and Toronto was down 0.2%. AutoCanada rose 11.4% to $12.65. But it
The report for AutoCanada is updated and rated Speculative Buy at $12.45. The future of this investment is heavily dependent
Monday was a government holiday, but the markets were open. The S&P 500 was down a hefty 2.0% and Toronto
On Friday, the S&P 500 was down 0.9% and Toronto was down 0.5%. Stantec was down 6.5% in what seems
Linamar is updated and rated (higher) Strong Buy at $48.21. This is primarily based on its low price to earnings
On Thursday, the S&P 500 was down 0.25%, giving back a bit of yesterday’s gains. Toronto was down 0.1%. Melcor
Wednesday, in response to the results of the mid-term elections, the S&P 500 was up 2.2% while Toronto rose 0.5%.
On Tuesday, the S&P 500 was up 0.7% as U.S. markets await the election results. Toronto was up 0.5%. TFI
On Monday, the S&P 500 and Toronto were each up about 0.6%. Berkshire Hathaway surged 4.7%, Toll Brothers was up
On Friday, the S&P 500 was down 0.6% and Toronto was down 0.2%. Starbucks was up 9.7% to $64.32 after
(This post was made on November 1, but inadvertently, was not uploaded until November 3) On Thursday, the S&P 500
Our report for FedEx is updated and rated Buy at $222. The stock is down 11% this year to date.
CRH Medical posted Q3 results after the close. In general the results looked positive with higher adjusted EBITDA attributable to
The Melcor REIT released earnings after the close. The bad news is that adjusted Funds From Operations per unit were
So, Halloween was anything but scary in the markets. On Wednesday, the S&P 500 rose (or recovered) 1.1% while Toronto
Tuesday was a positive day in the markets as the S&P 500 rose 1.6% and Toronto was up 1.2%. Our
October 30, 2018 The big guys are spending extravagant amounts for “original content,” but who’s getting rich from it?
On Monday, stocks were initially higher but closed the day with the S&P 500 down 0.7% and Toronto down 1.1%.
Our report for Amazon is updated for Q3 earnings. With the recent slide in its stock price and its recently
There is news this evening that IBM is making a big acquisition. What shocks me about it is the price
Our report for Constellation Software is updated and rated (lower) Buy at Canadian $871. The price has declined from a
On Friday, the S&P 500 was down 1.7% while Toronto declined 0.2%. Amazon was down 7.8% to $1643. In early
Our report for Visa Inc. is updated and rated (lower) Buy at $137.74. Shares in this powerful money maker have
Thursday saw a partial rebound from Wednesday’s market declines. The S&P 500 was up 1.9% but Toronto was up only
On Wednesday, the S&P 500 was down a very hefty 3.1% and Toronto was down 2.5%. Given a lot of
Our report on CN Rail is updated and rated (lower) Buy at $107.79. It’s an excellent and strong company with
On Tuesday, the S&P 500 ended the day down 0.55% but had been down over 2% earlier in the day.
The report for TFI International is updated with a (higher) Buy rating at $44.99. Amid the gloom of falling stock
On Monday, the S&P 500 and Toronto were each down 0.4%. Most stocks were down. But Stantec rose 5.8% as
The steep decline in the price of Toll Brothers down to about book value is hard to stomach. Investment banks
Our report on American Express is updated for Q3 earnings and rated (higher) Buy at $106.73
On Friday, the S&P 500 was about unchanged while Toronto was up 0.4%. Stocks on the rise included: CN Rail,
Canadian National Raiway Company will report Q3 earnings on Tuesday. I expect another good quarter. CN is up 2.5% this
Stantec has announced it has reached a deal to sell its problematic MWH Constructors division. This division was acquired in
On Thursday, the S&P 500 was down 1.4% and Toronto was down 0.8%. Most stocks on our list were down.
On Wednesday, the S&P 500 was about unchanged while Toronto was down 0.3%. Starbucks was up 2.3%. Linamar was down
Our one mining company, the giant BHP Billiton (market cap about $129 billion U.S.) is updated and rated Speculative Buy. This
Tuesday was a very positive day for North American stock markets with the S&P 500 up 2.15% and Toronto was
On Monday, the S&P 500 was down 0.6% while Toronto was about unchanged. Linamar recovered 3.4%. Canadian Western Bank recovered
On Friday, markets recovered somewhat as the S&P 500 rose 1.4% and Toronto rose 0.6% Visa was up 4.7% and
Thursday was a negative day in the markets with the S&P 500 down 2.1% and Toronto down 1.3%. Most stocks
On Wednesday, the S&P 500 was down a hefty 3.3% and Toronto was down 2.1%. I don’t think investors can
On Tuesday, the S&P 500 was down 0.1% while Toronto was down 0.6%. Ceapro was up 19% on its news
Ceapro press release this morning that they have Health Canada approval to start a human trial on using one of
On Monday, the S&P 500 ended the day about unchanged. Toronto was closed. Amazon was down 1.3% to 1864 but
On Friday, the S&P 500 was down 0.6% and Toronto was down 0.4%. Costco was down a hefty 5.6% to
Thursday saw the S&P 500 down 0.8% and Toronto down 0.4%. A drop in the S&P 500 is no surprise
Whenever I travel, I like to make note of how various retail and consumer businesses are doing or what my
On Wednesday, the S&P 500 was up 0.1% and Toronto was up 0.3%. Canadian Tire was up 1.7%. Toll Brothers
On Tuesday, the S&P 500 was about unchanged while Toronto (apparently unexcited by the big LNG announcement) was down 0.5%.
Our report on the Enbridge Rate reset preferred share, the Series 9 trading as ENB.PF.A is updated and rated Buy
Shell and partners have announced a go-ahead decision on this project. They say it is $25 to $30 billion capital
On Monday, with a NAFTA (Sorry Trump, I mean USMCA) deal in hand, the S&P 500 was up 0.4% and
Late Sunday night, CBC indicates that sources tell it that a tentative NAFTA deal has been reached,his should be very
On Thursday, the S&P 500 was up 0.3% and Toronto was up 0.2% Toll Brothers was down 2.4% to $33.55.
On Wednesday, the S&P 500 was down 0.3% while Toronto rose 0.1%. The FED increased interest rates as expected and
On Tuesday, the S&P 500 was down 0.1% and Toronto was down 0.3%. Linamar was down 2.2% and will probably
September 25, 2018 If you missed out on Kraken, this could be another information arbitrage opportunity.
On Monday, the S&P 500 was down 0.35% which was blamed on the escalating China / U.S.A. trade war. Toronto
Statistics Canada reports that “Wholesale sales rose 1.5% to $63.9 billion in July, more than offsetting the 0.9% decline in
On Friday, the S&P 500 was about unchanged while Toronto was up 0.1%. Amazon was down 1.5% to $1915. BHP
Our report for Dollarama is updated and rated Weak Buy at $43.21 After a decade of growing its earnings per
On Thursday, the S&P 500 closed at a new record high, surging 0.8% to 2931. The 3000 level is not
On Wednesday, the S&P 500 was up 0.1% while Toronto was down 0.3%. West Texas Oil is at $71.48. Unfortunately
On Tuesday, the S&P 500 was up 0.5% as investors basically ignored any negative risks from Trump’s trade war with
On Monday, the S&P 500 was down 0.6% which was at least partly due to concerns about Trump’s escalating trade
On Friday, the S&P 500 was about unchanged and Toronto edged up 0.1%. Costco was down 2.4% as an analyst
Our report on Amazon is updated and rated Speculative Weak Buy / Hold at $1970. I was very tempted to
On Thursday, the S&P 500 was up 0.5% while Toronto was down 0.3%. Linamar was up another 4.5% top $61.06.
On Wednesday, the S&P 500 was about unchanged while Toronto was down 0.3%. West Texas Oil was back over $70
On Tuesday, the S&P 500 was up 0.4% while Toronto was up 0.2%. Yesterday, after the close, Boston Pizza Royalties
Alimentation Couche-Tard is updated and rated (higher) Buy at $65.99 which was the closing price yesterday. Its recent Q1 fiscal
On Monday, the S&P 500 was up 0.2% while Toronto was down 0.2%. Canadian Western Bank was down 1.7% to
On Friday, the S&P 500 was down 0.2% and Toronto was down 0.1%. Costco was up 2.0% to $241.46 after
Our report and rating on the Canadian Western Bank rate reset preferred share Series 5 CWB.PR.B is updated and now
On Thursday, the S&P 500 was down 0.4% while Toronto was down 0.2%. WSP Global was up 7.3%. It did
On Wednesday, the S&P 500 was down 0.3% and Toronto was down 0.15%. Toll Brothers was up 2.1%. AutoCanada was
On Friday, the S&P 500 was about unchanged while Toronto was down 0.7%. The cancellation of approval and therefore work
Our one penny stock, Ceapro Inc., is updated and rated Sell at $0.45. When first added to this site, Ceapro
Canadian Western Bank is updated and rated (higher) Buy at $35.50. It was surprising and disappointing to see CWB drop
Happy Birthday to Warren Buffett who turned 88 today. He spent the day in Manhattan at a lengthy lunch for
Canadian Western Bank reported earning this morning. Earnings per share up 9%, the dividend raised by 4% and giving a
On Wednesday, the S&P 500 was up 0.6% and Toronto was up 0.2%. AutoCanada was up 5.1%. On Thursday morning,
Boston Pizza Royalties Income Fund is updated and rated Speculative Buy at $18.09. The thesis for investing in the BP
On Tuesday, the S&P 500 was about unchanged while Toronto was down 0.5%. Linamar was up 3.3%. Our one penny
On Monday, the S&P 500 was up another 0.8% and Toronto was up 0.5%. Linamar rose 6.5% on news of
On Friday, the S&P 500 was up 0.6% to a new all-time closing high. Toronto was up 0.2%. Constellation Software
Starbucks is added to the list rated Buy at $52.75. Starbucks is not a screaming Buy but it is a
On Thursday, the S&P 500 was down 0.2% and Toronto was down 0.1%. AutoCanada was down 5.1%. If new management
On Wednesday, the market basically ignored Trump’s latest troubles as the S&P 500 was about unchanged. Meanwhile, Toronto was up
On Tuesday, the S&P 500 was up 0.2% while Toronto was down by 0.2%. Toll Brothers earnings were better than
On Monday, the S&P 500 was up 0.2% while Toronto was about unchanged. CRH Medical was up 6.0% in Toronto.
On Friday, the S&P 500 was up 0.3% and Toronto was up 0.6%. CRH Medical was up 4.5% to $5.14
Constellation Software is updated and rated Weak Buy / Hold at Canadian $949. Note, though that it is analysed in
Markets were very strong on Thursday with the S&P 500 up 0.8%, the DOW surging 1.6% and Toronto up 0.5%.
Wednesday was a down day in the markets apparently due to worries about the situation in Turkey and contagion from
Tuesday’s markets were strong with the S&P 500 up 0.6% and Toronto up 0.5%. Dollarama was up 4.0% although it
The report for Costco is updated and rate Weak Sell / Hold at $220.31 (That was the analysis price, it’s
On Monday, the S&P 500 was down 0.4% and Toronto was down 0.5%. AutoCanada fell another 6.5% to $10.05. Trump’s
The report for AutoCanada is updated and rated Speculative Buy at $10.75. This has been a very (very) disappointing investment
AutoCanada released its Q2 results and they are extraordinarily poor. They are replacing the CEO (though weirdly keeping him on
On Thursday, the S&P 500 was down 0.1% but Toronto rose 0.6%. Boston Pizza Royalties Income Fund released Q2 earnings
Stantec is updated and rated (lower) Buy at Canadian $34.14 or U.S. $26.20 after releasing Q2 earnings. Q2 results were
Boston Pizza Royaties Q2 results are out this morning. The results are at least moderately disappointing with same-store-franchise-eligible sales down
On Wednesday, the S&P 500 was about unchanged while Toronto was up 0.2% despite a decline in oil prices. Canadian
August 8, 2018 Wheu. What a whirlwind of the first few weeks of earnings season. Scroll to the bottom for
On Tuesday, the S&P 500 was up 0.3% while Toronto was down 0.8%. Based on my Melcor update I added
On Monday, the S&P 500 was up another 0.35% while Toronto was closed. Berkshire Hathaway was up 2.9% on its
Melcor Developments is updated and once again is rated Strong Buy at $14.52. It is frustrating to see this stock
On Friday, markets were strong with the S&P 500 up 0.5% although Toronto was up only 0.1%. Berkshire Hathaway released
The report for CRH Medical is updated and rated Speculative Buy at U.S. $3.45 or Canadian $4.49. While nominally a
Thursday saw the S&P 500 rise 0.5% and Toronto rise by 0.2%. CRH Medical was up 3.5% after reporting earnings.
On Wednesday, the S&P 500 was down 0.1% and Toronto was down 0.35%. TFI International was up 5.2%. This has
The report on the Melcor REIT has been updated and rated (lower) Buy at $8.17. On the one hand the
On Tuesday the S&P 500 and Toronto were both up 0.5%. TFI International was down 2.2% giving up part of
On Monday, the S&P 500 was down 0.6% and Toronto was down 0.3%. Heineken fell 5.3% after releasing first half
I ate at the large BP at Niagara Falls, BP calls this a flagship location. On a Saturaday afternoon it
On Friday, the S&P 500 was down 0.3% and Toronto was down 0.4%. TFI International (formerly TransForce) was up 10.0%
The main recent problem processing PayPal payments including new subscriptions have been (it appears) solved. Nevertheless, I am working on
On Wednesday, the S&P 500 was up 0.9% adn Toronto was up 0.2%. CN Rail was up 4.7% after reporting
When traveling, I like to check out and document anything I see related to companies on our list or just
On Tuesday, the S&P 500 was up 0.5% while Toronto fell 0.2%. BHP Billiton jumped 5.1% (The BBL American Depository
On Monday, the S&P 500 was up 0.2% while Toronto was down 0.1%. Boston Pizza units were down 2.6% to
On Friday, the S&P 500 was down 0.1% while Toronto was down 0.65%. Linamar was down 4.8% due to tariff
On Thursday, the S&P 500 was down 0.4% while Toronto was up 0.4%. CRH Medical was up 3.5% to $4.18.
Firstly, as you likely noticed, I have a new contributor, Zack Trease, to InvestorsFriend who has written some posts that
Tuesday saw the S&P 500 rise 0.4% and Toronto 0.15%. Linamar was up 3.0% to $59.38 modestly rewarding those who
On Monday, the S&P 500 was down 0.1% and Toronto was down 0.4%. Linamar recovered 2.75%. There was not much
On Friday, the S&P 500 was up 0.1% while Toronto was about flat (it was down marginally). AutoCanada was down
On Thursday, the S&P 500 and Toronto were each up 0.9% which made for a strong day in the markets.
The report for Alimentation Couche-Tard is updated and rated (higher) Buy at $62.20. The fact that this is (inexplicably) now
On Wednesday, the S&P 500 was down 0.7% and Toronto was down 0.8%. Today, the market took notice of Trump’s
On Tuesday, the S&P 500 was up 0.35% and Toronto was up 0.6% to a record high. The record high
On Monday, the S&P 500 was up 0.9% and Toronto was up 0.5%. FedEx was up 2.9% recovering some of
Friday was a positive day in the North America stock markets as the S&P 500 rose 0.85% and Toronto rose
On Thursday, the U.S. markets were quite strong with the S&P 500 rising 0.9%. Toronto, however was down 0.2%. Q2
AutoCanada With AutoCanda currently undergoing a ‘Strategic Review”, I wanted to put down some thoughts about the company’s strategy and
On Wednesday, U.S. markets were closed for the holiday while Toronto was up 0.3%. Canadian Western Bank rose 1.9%. The
On Tuesday, the S&P 500 was down 0.5% while Toronto was down 0.1%. Canadian Western Bank was up 1.9%. Couche-Tard
On Monday, the Toronto Stock market was closed for the holiday and the S&P 500 ended the day up 0.3%.
On Friday, the S&P 500 was up 0.2% while Toronto was up 0.6%. Linamar recovered 3.2% to $58.91. Perhaps Thursday
On Thursday, the S&P 500 was up 0.6% while Toronto was down 0.3%. Linamar was down 4.5%. This came after
On Wednesday, the S&P 500 was down 0.9%. And Toronto was down 0.3%. Earlier in the day both markets had
On Tuesday, markets rebounded somewhat and the S&P 500 was up 0.2% and Toronto was up 0.6%. West Texas oil
Monday was a down day in the markets with the S&P 500 falling 1.4% and Toronto down 1.6%. Most stocks
On Friday, the S&P 500 was up 0.2%. Toronto was up 0.7% as the price of oil climbed because OPEC
On Thursday, the S&P 500 was down 0.6% and Toronto was down 0.5%. AutoCanada was down 3.8% losing some of
On Wednesday, the S&P 500 was up 0.2%. Toronto was up 0.6% and has crept up to a new record
On Tuesday, the S&P 500 was down 0.4% (modest compared to the decline of 1.1% in the DOW). Toronto was
On Monday, the S&P 500 was down 0.2% while Toronto was up 0.4%. AutoCanada recovered 2.8% after it announced that
On Friday, the S&P 500 ended the day down just 0.1% although it been down considerably more earlier in the
On Thursday, the S&P 500 was up 0.25% and Toronto was up 0.4%. Linamar recovered 2.0%. CN Rail was up
On Wednesday, the S&P 500 was down 0.4% and Toronto was down 0.1%. The Federal Reserve Bank in the U.S.
On Tuesday, the S&P 500 and Toronto were each up 0.2%. AutoCanada was down 4.4% and so it seems the
AutoCanada has responded to the activist shareholder as follows: “AutoCanada Inc. (“AutoCanada” or the “Company”) (ACQ.TO) today acknowledged receipt of
On Monday, the S&P 500 was up 0.1% while Toronto rose 0.4%. AutoCanada was up 5.8% after “activist investor” Clearwater
On Friday, the S&P 500 was up 0.3% while Toronto was up 0.1%. AutoCanada recovered 3.2%. Dollarama recovered 3.5% Toll
The report for Canadian Western Bank is updated and the stock is rated (higher) Buy at $37.05. On Thursday, CWB
Thursday’s action saw the SP&P 500 finish down 0.1% and Toronto was about unchanged with a 0.05% gain. As expected,
Wednesday was mostly a positive day on the markets. The S&P 500 was up 0.9% and Toronto was up 0.4%.
On Tuesday, the S&P 500 was up 0.1% and Toronto was up 0.4%. The seemingly unstoppable Amazon was up another
Monday was a strong day in the markets as the S&P 500 rose 0.45% although Toronto was up only 0.5%.
On Friday, the S&P 500 was up a hefty 1.1% while Toronto was down 0.1%. There were no particularly noteworthy
Thursday was mostly a negative day on the markets. The S&P 500 was down 0.7%. Toronto managed a 0.1% gain.
Markets bounced back on Wednesday with a 1.3% gain for the S&P 500 and 0.8% for Toronto. With Kinder Morgan
Tuesday was a negative day on the markets as the S&P 500 declined 1.2% (and the DOW was down 1.6%)
This morning’s news about the pipeline nationalization was to me a pleasant surprise. Not a shock since the idea had
On Monday, the U.S. markets were closed for the Memorial Day holiday. Toronto was down 0.4%. Our one and only
On Friday, the S&P 500 and Toronto were each down 0.2%. Oil (West Texas) has declined about 5% to $67.14.
On Thursday, the S&P 500 was down 0.2% and Toronto was down 0.1% as Trump rattled markets by canceling the
On Wednesday, the S&P 500 was up 0.3% and Toronto was down 0.1%. Couche-Tard was up 3.5%. Linamar was down
Toll Brothers is updated and now rated (lower) Strong Buy at $39.58 (that was a price from earlier today, it
On Tuesday, the S&P 500 was down 0.3% while Toronto was down 0.1%. Canadian Western Bank was up 1.6%. Perhaps
Toll Brothers has fallen about 8% this morning after releasing earnings. I though the earnings release had good points (revenues
On Monday, the S&P 500 was up 0.7% while Toronto was closed. FedEx was up 2.1%. Toll Brothers was up
On Friday, the S&P 500 was down 0.3% while Toronto was up 0.1%. Toll Brothers was up 1.8% to $43.18
Thursday’s markets saw the S&P 500 down 0.1% while Toronto was up 0.2%. I did end up buying back half
On Wednesday, the S&P 500 was up 0.4% and Toronto was up 0.1%. Notable gainers include: BHP Billiton (The BBL
Tuesday’s action in the markets saw the S&P 500 down 0.7% while Toronto was up 0.1%. The U.S. 10 year
The Boston Pizza Royalty units results for Q1 are out this morning and are weak and disappointing although not devastatingly
On Monday, the S&P 500 was up 0.1% while Toronto was up 0.6%. TFI International was up 2.2% to $37.81
Melcor Developments is updated and remains rated Strong Buy at $15.40 (That was the price earlier today although it closed
On Friday, the S&P 500 was up 0.2% and Toronto was up 0.15%. Canadian Tore was down 2.0% as investors
Thursday was a generally positive day in the markets. The S&P 500 was up 0.9% and Toronto was up 0.3%.
May 10, 2018 Hey Everyone, The email is about an hour read, so for the 90% of you who have more important
On Wednesday, the S&P 500 was up 1.0% while Toronto was up 0.4%. BHP Billiton was up 3.1% (the BBL
On Tuesday, the S&P 500 was about unchanged while Toronto was up 0.2%. AutoCanada was down another 3.2%. (See update
AutoCanada is updated and rated Buy at $17.34. Based on trailing year earning it could easily be rated (higher) Buy.
On Monday, the S&P 500 was up 0.35% and Toronto was up 0.5%. Constellation Software was up 2.1%. AutoCanada was
Friday was a strong day in the markets although AutoCanada was a notable exception. The S&P 500 was up 1.3%
On Thursday, the S&P 500 was down 0.2% (but had been down more like 1.2% earlier in the day). Toronto
On Wednesday, the S&P 500 was down 0.7% while Toronto was up 0.1%. Melcor was up 3.45% but it is
On Tuesday, the S&P 500 rose 0.25% while Toronto was up 0.1%. CRH Medical rose 13.5% in Toronto to $4.04
On Monday, the S&P 500 was down 0.8% and Toronto was down 0.4%. Berkshire Hathaway was down 1.8% to $193.73
FedEx is updated ad rated Buy at $247. This stock is down 1% this year to date but that was
On Friday, the S&P 500 was up 0.1% and Toronto was up 0.2%. Alimentation Couche-Tard was up 3.6% to $56.91.
Further to yesterday’s update of CN Rail, I have made a few minor edits to the report emphasize that a
CN rail, Canadian National Railway Company is updated and rated (lower) Buy at $100.65. The As detailed int he report,
Thursday was a strong day for the markets with the S&P 500 up 1.0% and Toronto up 0.8%. Most stocks
Stantec is up 4.6% this morning to $33.20 on news that it has put the construction company portion of its
On Wednesday, the S&P 500 and Toronto were each up 0.2%. CN Rail was up 2.4%. I am in the
On Tuesday, the S&P 500 fell 1.3% while Toronto was down 0.5%. AutoCanada was down 4.6%. It looks like good
On Monday, the S&P 500 was about unchanged and Toronto was up 0.4%. Couche-Tard was up 2.4%. TFI Industries was
Statistics Canada released figures for February sales at food service and drinking places. This is relevant to the prospects for
On Friday, Statistics Canada released retail sales figures for February which were up a strong 3.5% for Canada (year over
On Friday, I had a private tour of Amsterdam Stock Exchange for just myself (and three somewhat reluctant others traveling
On Friday, the S&P 500 was down 0.85% while Toronto was up 0.2%. WSP Global was up another 2.0%. Penny
Thursday’s session saw the S&P 500 down 0.6% and Toronto down 0.5%. Most of our stock picks were down including
On Wednesday, the S&P 500 rose 0.1% while Toronto climbed 1.1%. West Texas oil is at U.S. $68.75 which is
On Tuesday, markets managed to rise for two days in a row which seems rare lately. The S&P 500 was
On Monday, the S&P 500 shrugged off the firing of missiles into Syria that occurred Friday evening and rose 0.8%
Friday was a less volatile day in the markets as the S&P 500 fell 0.5% and Toronto was about unchanged.
The horrible tragedy in Humboldt Saskatchewan took the lives of at least two kids from St. Albert, a suburb of
In what seems to be a bit of an alternating daily pattern, markets were up on Thursday as Trump clarified
Sometimes it feels like the U.S. market is taking turns, one day up and one day down. Yesterday was up,
On Tuesday, the volatility continues with the S&P 500 up 1.7% and Toronto up 0.2%. Oil (West Texas Intermediate) is
April 10, 2018 Good Afternoon All! Today I write to you regarding one of Canada’s market darlings. There are few
On Monday, markets continued to be volatile. The DOW closed up 46 points but had been up over 400 points
Heineken is updated and rated (lower) Sell at 90.20 euros on the Amsterdam stock exchange or $55.20 on New York
Today, I am posting from the Atlantic Ocean aboard the Brilliance of the Seas on the fourth day of a
On Thursday, the S&P 500 was up 0.7% and Toronto was up 1.3%. CRH Medical was up 9.5% in a
Markets on Wednesday recovered from initial big losses related to trade worries and the S&P 500 ended the day up
The S&P 500 and Toronto are each down about 1% as the market continues to be concerned about escalating trade
On Tuesday, the S&P 500 was down 0.1% while Toronto was up 0.1%. TFI International (formerly TransForce) was up 1.3%
On Monday, the S&P 500 was down 2.2% while Toronto was down 1.0%. Most stocks were down including: WSP Global
The second quarter of 2018 has started off on a negative tone with the DOW currently down 492 points or
On Thursday, the S&P 500 was up 1.4% and Toronto was up 1.3%. WSP Global; was up 2.8%and BHP Billiton
Constellation Software is updated and rated (lower) Sell at Canadian $874. (The report has the price in U.S. dollars because
On Wednesday, the S&P 500 and Toronto were each down 0.30%. But many stocks were up. Boston Pizza recovered some
On Tuesday, the S&P 500 was down 1.7% giving back a good portion of Monday’s gain of 2.8%. Toronto was
On Monday, the S&P soared 2.8% as fears of a Trump trade war with China were reduced. Toronto was up
My article on the valuation of the S&P 500 is updated. Based on actual trailing GAAP earnings the index looks
On Friday, the S&P 500 was down a hefty 2.1% and Toronto was down 1.1%. Most stocks were down… Canadian
On Thursday, the S&P 500 fell a hefty 2.5% while Toronto was down 1.8%. The spark was Trump’s moves to
March 21, 2018 Hey Everyone, It’s been awhile since I last emailed. But fear not, I have no shortage of
On Wednesday, the S&P 500 was down 0.2% and Toronto was up 0.4%. Linamar was up 2.5% to $73.52 after
On Tuesday, the S&P 500 was up 0.15% and Toronto was up 0.2%. Couche-Tard was down 6.5% (see the post
Alimentation Couche-Tard is updated and rated Buy at $59.60. The stock dropped 6.5% today after it released earnings that “missed
Markets were down on Monday with the S&P 500 falling 1.4% and Toronto down 0.8%. BHP Billiton was down 2.6%
Linamar is updated and rated Strong Buy at $71.73. There are always risks and Linamar’s price reflects a certain amount
On Friday, the S&P 500 was up 0.2% and Toronto was up 0.3%. Toll Brothers was up 2.1%. The Canadian
On Thursday, the S&P 500 was down 0.1% while Toronto was up 0.1%. TFI International (TransForce) was down 2.9%. Our
On Wednesday, the S&P 500 was down 0.6% while Toronto was about unchanged. Toll Brothers was down 1.6% and is
Melcor Developments is updated and remains rated Strong Buy, now at $14.00. Certainly, Melcor’s stock price has been disappointing since
On Tuesday, the S&P 500 was down 0.6% while Toronto was up 0.3%. Alimentation Couche-Tard was down 2.8%. I would
On Monday, the S&P 500 was down 0.1% whole Toronto was up 0.2%. Melcor Developments was up 3.6% but that
The Melcor REIT is updated and rated Buy at $8.07 to yield 8.4%. This REIT is trading at a 30%
Friday was a strong day for the U.S. markets with the S&P 500 up a hefty 1.7%. Toronto was up
On Thursday, the S&P 500 and Toronto were each up 0.4%. Linamar was up 8.4% to $73.75 after releasing a
CRH Medical is updated and rated Speculative Weak Buy / Hold at U.S. $3.15 or Canadian $4.07. Basically I would
On Wednesday, the S&P 500 was close to unchanged (down 0.05%) while Toronto was down 0.5%. CRH Medical was down
On Tuesday, the S&P 500 was up 0.3% and Toronto was about unchanged. CRH Medical was up 12.8% in Toronto
With CRH up a little this morning, I took the opportunity to reduce my position by what amounted to 44%.
Monday’s markets improved through the day and the S&P 500 closed up 1.1% and Toronto rose 1.0%. CRH Medical released
Stantec is updated and rated Buy at CAN $32.22 or U.S. $25.05 (It was analysed at the previous closing price,
On Friday, the S&P 500 was up 0.5% (although the DOW was down 0.3%) and Toronto as down 0.1%. AutoCanada
Toll Brothers is updated and rated (higher) Buy at $43.91. The last update was on October 9, 2017 at $42.81.
Markets fell on Thursday and Trump indicated he will impose tariffs on steel and aluminum imports to the U.S. I
On Wednesday, the S&P 500 was down 1.1% and Toronto was down 1.5%. I don’t know if there was any
On Tuesday, the S&P 500 was down 1.3% and Toronto was down 0.3%. Toll Brothers was down 5.1% to $45.10
Monday was another strong day in the markets with the S&P 500 up 1.2% and Toronto up 0.5%. Canadian Western
Friday was another strong day in the markets. The S&P 500 was up a hefty 1.6% and Toronto was up
Canadian Tire is updated and rated Buy at $176.15. This company has been extremely well managed and has set ambitious
Thursday’s markets were surprisingly strong or at least the DOW was, especially earlier in the day. The S&P 500 ended
On Wednesday, the S&P 500 was down 0.55% as FED meeting minutes apparently caused the market to be more concerned
On Tuesday, the S&P 500 was down 0.6% while Toronto was down 0.1%. Most of the names on our list
BHP Billinton came out with earnings which were strong but were lower than analysts expected. It also raised the dividend
Friday’s markets saw the S&P 500 about unchanged and Toronto up 0.3%. Fortis Inc. jumped 3.75% to $42.08 as the
A report this morning headlines that U.S. housing starts soared in January (albeit some of related to bad weather in
Stocks were mostly higher on Thursday as the S&P 500 rose 1.2% and Toronto was up 0.5%. Canadian Tire surged
On Wednesday, the S&P 500 was up 1.3% and Toronto was up 0.7%. Notable gainers included BHP Billinton, up 3.2%
On Tuesday, the S&P 500 was up 0.3% and Toronto was down 0.2%. TFI International was down 3.1% to $29.75.
Sometime around the end of this month, Warren Buffett will release his annual letter. It’s hard to predict what Buffett
On Monday, the S&P 500 was up 1.4% and Toronto was up the same amount. In part this was due
On Friday, the U.S. markets once again were highly volatile and the DOW, at it low, was down 500 points
On Thursday, the DOW ended the day down 1033 points or 4.15%. The S&P 500 was down 3.75% and Toronto
The Dow was down 680 at one point and 518 as I write this. So, it seems that the days
The results for Boston Pizza this morning were fairly weak. Not terrible, but weak. Distributable cash per unit declined 2.9%
On Wednesday, U.S. markets were mostly higher but ended the day down slightly. The S&P 500 was down 0.5% while
There is widespread confusion about how RRSPs really work and whether they are a tax-avoidance mechanism or a mere tax
U.S markets were once again not boring today, opening down then bouncing around considerably and then closely strongly higher. The
So, after falling 666 points on Friday, the DOW fell another 1175 today. The S&P 500 was down 4.1%, the
WSP Global is added to the list rated Buy at $58.75. Many Canadians may not be familiar with this company.
As of about 6:45 eastern the futures markets have the DOW down about 200 points. This often changes vastly over
There was nothing boring about Friday’s markets. The S&P 500 tumbled 2.1% and Toronto was down 1.6%. Despite the scary
At minus 20 or so here in the Edmonton area any talk of an early end to winter is certainly
On Thursday, the S&P 500 was down 0.1%. The Dow was up 0.1% but had been down earlier in the
On Wednesday, the U.S. markets initially rebounded from Tuesday’s losses but were volatile. The indexes were negative in the afternoon
On Tuesday, the S&P 500 fell 1.1%. Despite the headlines, this is minor decline in the context of recent gains.
Well, the U.S. market decided not to rise on Monday. Well, markets don’t rise everyday. (And normally they don’t rise
Ceapro which is the only true penny stock on our list and which we have considered speculative for that and
BHP Billiton is added to the site rated Speculative Buy at $U.S. 25. As noted in my post of Han
UP, UP AND AWAY!! On Friday, the S&P 500 surged another 1.2% while Toronto was up 0.2%. Most stocks rose
I am going to add BHP Billiton to the site probably rated Speculative Buy with an emphasis on Speculative. I
On Thursday, the DOW surged ahead another 0.5% but the S&P 500 was only up 0.1%. Toronto was down 0.5%.
On Wednesday, the S&P 500 was down 0.1% and Toronto was down 0.5%. CN rail was down 2.1%. Stantec was
On Tuesday, the S&P 500 was up another 0.2% while Toronto was up 0.1%. AutoCanada was up 3.0% and Amazon
On Monday, as the partial government shut-down looked to be a short-lived situation the S&P 500 rose 0.8%while Toronto was about
The U.S. Senate has adjourned until tomorrow and so the U.S. government partial shutdown will last at least part of
Canadian Western Bank is updated and rated Buy at $40.55. It has already made a strong recovery from the lows
On Friday, the U.S. markets were unfazed by the impending (partial) U.S. government shutdown. The S&P 500 was up 0.4%.
On Thursday, the markets had what seems to be a rare down day. The S&P 500 index was down 0.2%
U.S. markets continue to be on fire. At the moment, this is a market that knows no fear. The S&P
I didn’t intend to take yesterday off from posting (It was Martin Luther King Day and U.S. markets were closed)
U.S. markets soared again on Friday. The S&P 500 rose 0.7% and the DOW was up 0.9% to 25,803. Toronto
Wednesday was a rare negative day in the markets. The S&P 500 was down 0.1% and Toronto was down 0.4%.
Another day and another set of records in the U.S. markets. S&P 500 up 0.1% while Toronto was about unchanged.
I notice Brookfield Renewable Partners L.P. has an offering this morning (still open at TD Direct as I write this)
On Monday, the S&P 500 ended the day up 0.2% while Toronto was down 0.2%. Toll Brothers was up another
Friday’s action had the S&P 500 up another 0.7% and the Dow up 0.9%. The gains have continued to come
January 5, 2018 Hey Everyone, I’ve deliberated long and hard on whether I should write an email about the current
Thursday was yet another wonderful day for stock investors. Especially U.S. stock investors. The S&P 500 was up another 0.4%.
Markets were up fairly strongly again today. The S&P 500 was up % and Toronto was up 0.4%. Toll Brothers
The market is off and running for 2018 with the S&P 500 rising 0.8% and Toronto rising 0.6% on this