December 30, 2019
On Monday, the S&P 500 was down 0.6% and Toronto was down 0.4%. Tomorrow is of course the last day […]
On Monday, the S&P 500 was down 0.6% and Toronto was down 0.4%. Tomorrow is of course the last day […]
The report on Restaurant Brands (Tim Hortons, Burger King & Popeyes) is updated and rated (lower) Buy at Canadian $83.56.
Royal Bank of Canada is updated and rated Buy at $103.47. Its valuation ratios are quite attractive such that it
There are just two trading days left in the year.Ā On Friday, the S&P 500 was up another 0.1% and
CRH Medical is updated and rated Speculative (higher) Buy. This is a small company with a market cap of U.S.
Our report on Starbucks is updated and rated (lower) Buy. This is an extremely high quality company. But it’s not
Our report on Canadian Tire is updated and rated (higher) Buy at $142. This company has been the subject of
On Friday, the U.S. markets set yet another new high. The S&P 500 was up 0.5% and Toronto was up
This CWB rate reset preferred share is updated and rated (higher) Buy at $17.75. It yields 6.06% and will not
Canadian Western Bank is updated and rated (higher) Buy at $31.89.
Wednesday was another interesting day in the markets. The S&P 500 was little changed while Toronto was down 0.25%. SNC
On Tuesday, markets overall were little changed. The S&P 500 was approximately unchanged and Toronto as up 0.1%. The Canadian
Monday was a strong day in the markets. The S&P 500 was up 0.7% to yet another new high and
Linamar is updated and now rated only Speculative (lower) Buy. Perhaps that is too low a rating given a trailing
On Friday, the S&P 500 was about unchanged. The Phase I China / USA trade agreement had already been reflected
Thursday was a strong day in the U.S. markets as Trump signed some kind of Phase I trade deal with
Wednesday saw the S&P 500 rise 0.3% while Toronto as down 0.1%. Melcor was up 2.8% adding to recent gains.
On Tuesday, the S&P 500 was down 0.1% while Toronto was unchanged. Despite apparently beating market expectations for earnings and
Markets were down somewhat on Monday. The S&P 500 and Toronto were each down 0.3%. Stantec was up 1.8%.Ā Linamar
On Friday markets were strong. The S&P 500 was up 0.9% and Toronto was up 0.8%. Oil and gas stocks
Canadian National Railway Company is updated and rated Buy at Canadian $119.00 or U.S. $89.70. This has been a stellar
Thursday was not a good day for our stock picks. The S&P 500 was up 0.15% while Toronto was down
Canadian Western Bank is down 7.3% as Q4 earnings declined 5%. (Correction, the decline mentioned here was versus Q3, earnings
On Wednesday, markets rebounded somewhat with the S&P 500 up 0.6% although Toronto was about unchanged. Shopify surged 5.2% to
Tuesday was another negative day in the markets due to deteriorating hopes for a near-term “Phase I” trade deal between
Aecon is updated and rated (lower) Buy at $17.92. Aecon Group Inc. is an interesting Canadian company that constructs vital
December has started off with a negative day on the markets as the S&P 500 was down 0.9% and Toronto
On Friday, the S&P 500 and Toronto were each down 0.4%. This week the Canadian market will be interested in
Our report on Andrew Peller (which is in the wine business) is updated and rated (lower) Buy. This is a
Toronto was on ts own on Thursday and gained 0.1% as U.S. markets were closed.Ā Canadian Tire was up 0.8%
Wednesday was yet another positive day for stocks. The S&P 500 and Toronto were each up 0.4%. Both set record
On Tuesday, the S&P 500 was up 0.2% and Toronto as about unchanged. Shopify was up 5.1% Toll Brothers was
The report for Boston Pizza Royalties Income Fund Units has been updated and is rated (higher ) Buy at $14.05.
On Monday, the S&P 500 was up 0.75% and Toronto was up 0.5%. Couche-Tard was up 3.5%. They are set
The Boston Pizza units are down 3.0% to $14.02 this morning. Volume is heavier than normal. This on a morning
These shares, like most rate reset shares also offered the option to convert to a floating rate preferred share. The
On Friday, the S&P 500 was up 0.2% while Toronto was down 0.3%. FedEx was up 2.9%.Ā TFI International was
Our report on the Enbridge rate reset preferred share ENB.PF.A is updated and rated (higher) Buy at $15.60. These shares
Markets were not much changed on Thursday. The S&P 500 was down 0.2% and Toronto was about unchanged. I have
On Wednesday, markets were mostly a bit lower. The S&P 500 was down 0.4% while the Toronto index was about
This morning Stats Canada reports that restaurant sales are still rising in 2019 versus 2018. Given new restaurants opening up,
On Monday, markets were about flat. The S&P 500 was up just 0.05%. The TSX was about unchanged. CRH Medical
Constellation Software is updated and rated Weak Buy / Hold at $1342. It reports in U.S. dollars and so our
On Friday markets set new record highs. The S&P 500 was up 0.8% and Toronto was up 0.3%. AutoCanada was
Melcor Developments is updated and rated (higher) Buy at $12.04 (Wednesday’s closing price). This has been a frustrating stock that
On Thursday, the S&P 500 and Toronto were each up 0.1%. AutoCanada was up another 9.8% today. As I mentioned,
On Wednesday, the S&P 500 was up 0.1 and Toronto was up 0.3% Apparently hopes for progress in the trade
On Tuesday, the S&P 500 and Toronto were each up 0.2% Stantec was up another 2.3%. Recall it was let
On Monday, the S&P 500 was down 0.2% and Toronto was about unchanged. AutoCanada was up another 4.2% and was
Markets in both Canada and the U.S. are open despite the holiday. Markets are down a little right now but
Thursday was a big day for earnings reports and a strong day in the markets. The S&P 500 was up
Our report for Amazon is updated and rated Speculative (lower) Buy at $1800. Historically, Amazon traded at extremely high multiples
BP Royalties units earnings are out. The results are poor with a decrease in same-store franchise-fee-eligible sales of 3.6%. It
On Wednesday, the S&P 500 was up 0.1% and Toronto was up 0.4%. lululemon rebounded 3.3% recovering a recent decline.
Markets were “mixed” on Tuesday with the S&P 500 down 0.1% and Toronto up 0.1% Constellation Software was down 3.3%.
Monday was another positive day in the markets due to optimism that the U.S. and China will sign some sort
Markets were up sharply on Friday as the U.S. jobs report came inĀ strong. The S&P 500 was up 1.0%
Our report on the Melcor REIT is updated and rated (higher) Buy at $7.99. The REIT just released Q3 earnings
Stocks were mostly down on Thursday as the S&P 500 fell 0.3% and Toronto was down 0.1%. But SNC Lavalin
Warning – do not open any attachment in an email that you receive from me. I never send attachments to
On Wednesday, the Bank of Canada held firm on interest rates at 1.75%Ā while the FED lowered by 0.25% to
Our report on Heineken is updated and rated Weak Buy / Hold at 90.90 euros. Or you can buy in
On Tuesday, the S&P 500 was down 0.1% while Toronto was up 0.2%. Apple was down 2.3%. Shopify was down
On Monday, the S&P 500 was up 0.6% while Toronto was down 0.1%. Restaurant Brands was down 3.7% after “meeting
On Friday, the S&P 500 was up 0.4% and Toronto was up 0.2%. Linamar was up 1.6%. Fed Ex was
Our report for BHP Group (formerly BHP Billiton) is updated and rated Speculative Buy for the BBL ADR (American Depository
In Thursday’s action, the S&P 500 and Toronto were each up 0.2%. Shopify was up 8.8% continuing its recent gyrations.Ā
On Wednesday, the S&P 500 was up 0.3% while Toronto was down by 0.3%. Linamar was up 1.5% and has
Well, Albertans stayed up late only to find that the election did no go their way. But the stock market
On Monday, the S&P 500 was up 0.7% and is once again over 3000. Toronto was up 0.25%. American Express
On Friday, the S&P 500 was down 0.4% and Toronto was down 0.3%. Shopify was down 5.4%. lulu lemon was
Our report on American Express is updated and rated Buy at $116.74. It has done well since we rated it
On Thursday, the S&P 500 ended the day up 0.3% while Toronto was about unchanged. The market has not pushed
I am selling the rest of the BP units in an RRSP account today. I have kept the units I
On Wednesday, the S&P 500 was down 0.2% and Toronto was little changed. Stantec was up 2.2%. Toll Brothers was
I am selling as much as half of my BP units today. A smaller restaurant royalty entity that owns Jack
Markets moved higher on Tuesday. This was likely due to continued optimism about progress on China / USA trade tensions.
Our report on Dollarama is updated with a rating of (lower) Buy at $47.28. This has long been an extremely
On Monday, the Toronto stock exchange was closed for the holiday while the S&P 500 was down 0.1%. In U.S.
Markets rose of Friday as Trump hinted that some kind of at least partial trade deal with China was pending.
Markets were higher Thursday on (faint) hopes of progress in the China / USA trade talks. The S&P 500 was
The Melcor REIT and Melcor Developments have announced that the REIT is acquiring, for $55 million, a retail shopping “power
FedEx is updated and now rated only Speculative (lower) Buy at $138.39 (Its moved slightly higher at $140.49 as I
On Wednesday, markets were positive due to some optmisim about the China / USA trade talks. The S&P 500 was
On Tuesday, the S&P 500 was down 1.6% and Toronto was down 0.6%. Correspondingly, most of the stocks on our
On Monday, the S&P 500 was down 0.45% and Toronto was down 0.2%. Dollarama was down 2.65%.Ā Apparently, Alberta is
On Friday, the S&P 500 was up 1.4% and Toronto was up 0.4%. Linamar rebounded somewhat, up 4.4%. Most stocks
On Thursday, markets started out negative but finished positive with the S&P 500 up 0.8% and Toronto up 0.4%. Linamar
Ā On Wednesday, the S&P 500 was down 1.8% and Toronto was down 0.8%. Accordingly, most of the stocks on
Tuesday was a down day in the markets as the S&P 500 fell 1.2% and Toronto was down 1.3%. With
Today marks the end of the third quarter. Soon, the next round of earnings report will start to flow in.
I have updated two articles that go into detail on specific ETFs to consider investing in. The first article covers
On Friday, the S&P 500 was down 0.5% and Toronto was down 0.6%. One of the old favorites on this
On Thursday, the S&P 500 was down 0.2% while Toronto was about unchanged. So far, it appears that the market
On Wednesday, the S&P 500 was up 0.6% while Toronto was down 0.1%. Shopify recovered some of its recent losses,
Markets were mostly negative on Tuesday with the S&P 500 down 0.8% and Toronto down 0.4%. This was blamed on
On Monday, the S&P 500 was about unchanged while Toronto was down 0.2%. lululemon was up 3.1% FedEx was down
On Friday, the S&P 500 was down 0.5%. But Toronto was up 0.25% and sits at a record closing high.
On Thursday, the S&P 500 ended the day unchanged while Toronto was up 0.35%. Couche-Tard was up 2.4% and has
On Wednesday, the S&P 500 ended the day about unchanged and Toronto was down 0.2% The Federal Reserve lowered interest
On Tuesday, the S&P 500 was up 0.3% and Toronto was up 0.5%. Restaurant Brands was up 3.4%. Dollarama was
On Monday, the S&P 500 was down 0.3% in a mild reaction to the partial destruction of Saudi Arabia’s oil
The big news for markets over the weekend was the major attack on the Saudi oil refining. This morning the
On Thursday, the S&P 500 was up 0.3% and Toronto was up 0.2% Toronto hit a new within-trading-day high. The
Markets were strong on Wednesday with the S&P 500 up 0.7% and Toronto up 0.45% Canadian Tire was up 1.9%.
Although overall markets did not move much today there was a lot of movement in various stocks. The S&P 500
Costco is updated and rated (lower) Sell at $296.05. Basically, if I owned it I would sell at least half
“Couche-Tard“, as the company is often referred to, has been a very long term winner. And, after several years where
Markets were relatively flat on Monday with the S&P 500 unchanged and Toronto down 0.2%. Stocks on our list that
Our report on Visa Inc. is updated and rated Weak Buy / Hold at $181.55. Visa certainly has wonderful economics
Markets were strong on Thursday as the S&P 500 rose 1.3% and Toronto was up 0.8%. lululemon was up 4.3%
On Wednesday the S&P bounced up 1.1% and Toronto was up 0.3%. FedEx was up 2.4% and Dollarama was also
Markets were weak on Tuesday with the S&P down 0.7% and Toronto down 0.3%. This was due in part to
Autocanada is updated and now rated Speculative (lower) Buy at $8.45. In their Q2 report recently released there is a
On Friday, the S&P 500 was up 0.1% and Toronto was up 0.35%. Most stocks on our list were up.
Markets were strong on Thursday with the S&P 500 up 1.3% and Toronto up 0.7%. Linamar was up 2.35%. And
On Wednesday, the S&P 500 was up 0.65% and Toronto was up 0.5%. Most stocks were up while most of
On Tuesday, the S&P 500 fell 0.3% – probably because the market’s faith that a China trade deal is closer
On Monday, the S&P 500 was up 1.1% and Toronto was up 0.4%. This came after President Trump said that
On Friday, the S&P 500 was down 2.6% after Trump escalated the trade war with China. And Toronto got pulled
The report on Toll Brothers is updated and rated Buy at $35.97. It looks like a Buy based on its
In Thursday’s markets the S&P 500 was about unchanged and Toronto was down 0.3% Toll Brothers was up 2.0% presumably
Markets were up on Wednesday with the S&P 500 up 0.8% and Toronto up 0.6%. Shopify was up another 4.0%.
Tuesday was a moderately negative day in the markets. The S&P 500 was down 0.6% and Toronto was down 0.5%.
Monday was yet another non-boring day in the markets as the S&P 500 was up 1.2% and Toronto was up
Friday’s action saw the S&P 500 up 1.4% and Toronto up 0.9%. Markets are gyrating up and down mostly based
Canadian Tire is updated and rated (lower) Strong Buy at $133.43. The recent slide in the share price seems unwarranted
On Thursday, the S&P 500 was up 0.25% while Toronto was down 0.2%. Canadian Tire was down 2.4% to $131.47.
WSP Global is updated and rated Buy at $69.82. It has a great history of growth and trades at a
On Wednesday, the S&P 500 was down 2.9% and Toronto was down 1.9%. Market sentiment seems to be on a
Markets rebounded on Tuesday after it was announced that the new 10% September 1 U.S. tariff on $300 billion of
Monday was a negative day in the markets with the S&P 500 down 1.2% and Toronto down 0.6%. Rate reset
On Friday, the S&P 500 was down 0.7% and Toronto was down 0.4%. Linamar was hammered down 8.1% (see update).
Linamar is updated and remains rated Strong Buy, now at $37.92. It is in a period of declining earnings. But
Stantec is updated and rated Buy at Canadian $28.50 and U.S. $21.56. The market was disappointed with its Q2 earnings
Never a dull day in the markets it seems… S&P 500 was up 1.9% and Toronto was up 0.9%. Shopify
On Wednesday, the S&P 500 was down most of the day but ended the day up 0.1%. Toronto was up
On Tuesday, the S&P 500 had a partial recovery from yesterday’s losses and was up 1.3%. Toronto, playing catch-up, was
On Monday, Canadian markets were closed while the S&P 500 declined 3.0% due to Trump’s escalating trade war with China.
TFI International is updated and rated (higher) Buy at $39.69. Based on valuation I would have rated the company a
Markets fell on Friday probably due to Trump’s escalating trade war with China and disappointment that the FED did not
Having recently looked in detail at Starbucks and at Restaurant Brands, I wanted to look at some of the big
Restaurant Brands is updated and remains rated Weak Buy / Hold now at U.S. 77.22 or Canadian $101.02. This was
Markets fell on Thursday after Trump escalated his trade war with China announcing new 10% tariffs on most remaining Chinese
Our report on Starbucks is updated and rated Weak Buy / Hold at $95.38. Normally, I would not rate a
On Wednesday, the S&P 500 fell 1.1% after the FED gave the markets a 25 basis point interet rate cut
Tuesday was a moderately negative day with the S&P 500 down 0.3% and Toronto down 0.2%. Most stocks that I
On Monday, the S&P 500 and Toronto were each down 0.2%. TFI International was up 4.1% probably because analysts further
Markets were higher on Friday as the S&P 500 rose 0.7% and Toronto rose 0.3%. Aecon jumped 9.8% after reporting
Restaurant Brands which owns Tim Hortons and Burger King and Popeyes and trades in Canada and the U.S. under symbol
Markets took a little rest from their gains on Thursday as the S&P 500 declined 0.5% and Toronto was down
On Wednesday, the S&P 500 was up 0.5% and Toronto was up 0.2%. CN Rail was up 3.3% after releasing
On Tuesday, the S&P 500 was up 0.7% and Toronto was up 0.3%. Linamar rebounded 3.6% probably due to potential
On Monday, the S&P 500 was up 0.3% and Toronto was up 0.2%. Nothing good to report on most of
In Friday’s session, the S&P 500 was down 0.6% while Toronto was close to unchanged although slightly down. America Express
On Thursday, the S&P 500 was up 0.4% boosted by more indications that the FED will cut interest rates later
On Wednesday, the S&P 500 was down 0.65% while Toronto was down 0.1%. TFI International slumped 4.1%. This was likely
On Tuesday, the S&P 500 was down 0.3% as Trump warned that he could impose further Tariffs on China and
On Monday, the S&P 500 was about unchanged and Toronto as up 0.1% The Melcor REIT announced / confirmed that
On Friday, the S&P 500 was up 0.5% while Toronto was down 0.2%. lululemon jumped 3.5% to $189.52. I had
Couche-Tard is updated and rated (lower) Buy at $84.57 (yesterday’s closing price). What a wonderful success story this has been
Thursday saw a new record close for the S&P 500 up 0.2% to 2999.9 (so rounded = 3000) and the
This morning I sold what amounted to 8.5% of my Boston Pizza Royalties shares. These were in an RESP account
U.S. markets were higher on Wednesday on indications that the FED may lower interest rates. The S&P 500 index was
On Tuesday, the S&P 500 was up 0.1% and Toronto was up 0.5%. Amazon was up 1.8% to $1988. AutoCanada
Monday was a moderately negative day in the markets with the S&P 500 and Toronto each down 0.5%. Shopify was
On Friday the markets took a breather from recent gains and the S&P 500 was down 0.2% and Toronto was
On Thursday, while U.S. markets were closed, Toronto was up 0.1%. AutoCanada was down 1.9%. After the close it announced
Wednesday was a strong day in the markets with the S&P 500 rising 0.8% to close at a new record
Tuesday was a positive day in the markets as the S&P 500 rose 0.3% and Toronto as up 0.5% despite
July 2, 2019 Happy Canada Day!Ā Hopefully this article is a nice start to your first day back to work.Ā
On Monday, the S&P 500 was up 0.8% to a new record closing high of 2964. Toronto was closed and
Our report on an Enbridge rate reset preferred share is updated and rated (higher) Buy at $15.81 for those seeking
On Wednesday, the S&P 500 was down 0.1% and Toronto was down 0.4%. Melcor Developments was one of the larger
On Tuesday, the S&P 500 was down 1.0% and Toronto was down 0.9%. Accordingly, the great majority of the stocks
Markets were relatively quiet on Monday as the S&P 500 was down 0.2% and Toronto was about unchanged. Shopify was
On Friday, the S&P 500 was down 0.1% and Toronto was down 0.3%. Couche-Tard was down 3.1% as it retreats
On Thursday, the S&P 500 was up 0.9% and Toronto was up 0.4%. Couche-Tard was down 2.7% but that was
On Wednesday, the S&P 500 was up 0.3% as the FED held interest rates unchanged but signaled it might now
Tuesday was a strong day in the markets as President Trump announced that he would meet with the Chinese leader.
On Monday, the S&P 500 was up 0.1% and Toronto up 0.3%. CRH Medical was up 3.1%. Couche-Tard was up
On Friday, the S&P 500 was down 0.2% while Toronto was up 0.4%. AutoCanada gave back 2.5%. On a year
On Thursday, the S&P 500 was up 0.4% and Toronto was up 0.1%. Dollarama soared 11.3% after reporting better than
On Wednesday, the S&P 500 was down 0.2% and Toronto was down 0.1%. There were no particularly noteworthy moves in
On Tuesday, the S&P 500 was about unchanged while Toronto was up 0.2%. SNC Lavalin was up 7.0% after a
On Monday, the S&P 500 rose 0.5% and Toronto was down 0.1% Trump who, love him or hate him, it
Linamar is up 2.1% likely due to Trump’s agreement with Mexico to not impose the new (illegal-under-NAFTA) 5% and rising
Posting from Kelowna this Sunday evening. The big news on Friday was Trumpās new agreement with Mexico. This should be
Thursday’s markets saw the S&P 500 rise 0.6% as there was some optimism that Trump would delay the new 5%
Wednesday was a mostly positive day in the markets with the S&P 500 up 0.8% and Toronto up 0.3%. Shopify
Stock markets were up sharply on Friday as the FED chair indicated that the FED would consider lowering interest rates
On Monday, the S&P 500 was down 0.3% while Toronto was down 0.1%. Shopify was down 4.3%. Amazon was down
Friday was a down day in the markets due to Trump announcing escalating tariffs on all Mexican imports starting June
On Thursday, the S&P 500 was up 0.2% while Toronto was down 0.3%. Canadian Tire was down 2.0%. The recent
Wednesday was a negative day in the markets as the S&P 500 was down 0.7% and Toronto down a full
Tuesday’s market saw the S&P 500 close down 0.8% and Toronto down 0.3%. Canadian Western Bank was down 1.7%, probably
The report for CN Rail is updated and rated (lower) Buy at $124.50. I have consistently said that CN is
U.S. markets were closed on Monday while Toronto was up 0.7%. Boston Pizza International announced that it has a new
On Friday, the S&P 500 was up 0.1% and Toronto was up 0.4%. Gaining stocks included BHP Billiton – up
CIBC is out with a 5.15% rate reset preferred share. This is not an exciting investment but for those looking
The report for Toll Brothers is updated and rated Buy at u>s. $35.66. The previous update had noted that while
On Wednesday, the S&P 500 was down 0.3% and Toronto was down 0.6%. Stocks that rose included Shopify – up
On Tuesday, the S&P 500 was up 0.85% and Toronto was up 0.15%. Dollarama was up 3.5%. Toll Brothers was
Our report for Constellation Software is updated and rated Weak Buy / Hold at Canadian $1182. This is a hugely
On Monday, the Toronto stock exchange was closed. The S&P 500 was down 0.7%. Apple was down 3.1%. Toll Brothers
On Friday, the S&P 500 was down 0.6% but Toronto was up an impressive 1.6%. Toronto will not trade on
SNC Lavelin announced a delay in selling part of its stake in highway 407. The reason is that the other
On Thursday, the S&P 500 was up 0.9% and Toronto was up 0.8%. Shopify surged another 5.5%. CN Rail was
Wednesday was a positive day in the markets as the S&P 500 rose 0.6% and Toronto was up 0.2%. Shopify
Markets had a partial rebound on Tuesday with the S&P 500 up 0.8% and Toronto up 0.6%. WSP Global was
Canadian Tire is updated and rated (higher) Buy at $142.30. Its Q1 report contained both positive s and negatives. Its
Stocks were down on Monday as Trump’s trade war with China escalates. The S&P 500 slumped 2.4%. Toronto did better
On Friday, the S&P 500 and Toronto were each up 0.4% (but futures suggest markets could open lower by close
The report for Melcor Developments is updated for Q1 results and rated Buy at $13.40. Single family home building in
The report for Boston Pizza Royalties Income Trust is updated and rated Buy at $17.52. The 7.9% cash yield is
Thursday’s action saw the S&P 500 down 0.3% and Toronto down 0.5%. Alimentation Couche-Tard was up 1.7%. Canadian Tire was
The BP Royalties Income Fund released Q1 results before the open. The results were better than I feared they might
On Wednesday, the S&P 500 was down 0.2% while Toronto rose 0.2% There was not much movement of note in
On Tuesday, markets declined in further reaction to Trump’s trade tariff threats against China. The S&P 500 was down 1.65%
TD Direct has a new issue from Capital Power of a 5.75% rate reset share that has a minimum reset
On Monday. markets were initially down about 2% as Trump escalated trade tensions with China, but by the end of
Linamar is updated and rated Strong Buy at $48.10. With earnings in the past 12 months of $8.82 and trading
Futures indicate the market could open down about 2% as Trump has escalated the trade war with China imposing higher
The report for CRH Medical is updated for its Q1 report. The company replaced the CEO on April 9th. Q1
On Thursday, the S&P 500 fell 0.2% and Toronto was down 0.6%. Shopify was up another 3.9%. Aecon fell 3.1%.
On Wednesday, the S&P 500 was down 0.75% and Toronto was down 0.5%. Apple was up 4.9%. Constellation Software was
On Tuesday, the S&P 500 was up 0.1% while Toronto was down 0.1%. Shopify was up 7.5% to U.S. $243.53
On Monday, the S&P 500 was up 0.1% while Toronto was down 0.1%. AutoCanada was up 2.5% and Linamar was
On Friday, markets were down earlier in the day but recovered for a 0.5% gain in the S&P 500 and
Aecon is updated for its Q1 results and rated Speculative (lower) Buy at $18.76 Aecon was just added to the
On Thursday, the S&P 500 was about unchanged while Toronto was down 0.1% American Express was up 1.6%. FedEx was
On Wednesday the S&P 500 was down 0.2% while Toronto was down 0.5%. TFI International was up 5.0% due to
Stock markets were strong on Tuesday with both the S&P 500 (up 0.9%) and Toronto (up 0.6%) closing at new
The large construction company, Aecon is added to our list but only rated Speculative (lower) Buy at $16.86. (It closed
On Monday, markets mostly took a break from the recent upward trend. The S&P 500 did manage to gain 0.1%.
Our Melcor Developments report is updated and rated (higher) Buy at $13.70 This has been a frustrating investment. It is
The Toronto Stock Exchange Index closed at a new record high on Thursday, up 0.4% on the day. Meanwhile, the
On Wednesday, the S&P 500 was down 0.2% but Toronto was up 0.25%. Apple was up 1.95%. Constellation Software was
On Tuesday, markets were little changed as the S&P 500 was up fractionally and Toronto was down 0.1%. Toll Brothers
Our report on the Melcor REIT is updated and rated Buy at $7.64 The yield at 8.8% is quite attractive.
On Monday, the S&P 500 was down 0.1% while Toronto was up 0.2%. Costco was up 1.8% and trades at
On Friday, markets were strong with the S&P 500 up 0.7%, Toronto up 0.5% and the DOW up a full
Ceapro is updated. This basically something of a lottery ticket stock. It’s a difficult one to put a rating on
On Thursday, the S&P 500 and Toronto were each essentially unchanged. Shopify was up 2.5% to a another record high.
On Wednesday, the S&P 500 and Toronto each rose about 0.35%. Linamar was up 1.7%. Dollarama was up 2.0%. CRH
Tuesday’s action saw the S&P 500 fall 0.6% and Toronto down 0.4%. Shopify rose 2.0%. Boston Pizza royalties Income Fund
After starting the day in negative territory, market ended slightly positive with the S&P 500 and Toronto each up 0.1%.
Bank of Montreal is out this morning with a 5.1% rate reset preferred share. This is down a little from
On Friday, the S&P 500 and Toronto were each up 0.5%. Notable gainers included: WSP Global, up 2.3%; TFI International,
Stantec is updated and rated Buy at $32.64. Historically, Stantec has been a strong growth-by-acquisition company. However, the stock has
On Thursday, the S&P 500 and Toronto were each up 0.2%. Toll Brothers rose 1.9%. Shopify was down 4.9% after
CRH Medical is updated and rates Speculative Buy at U.S. $2.71 or CAN $3.59. This Canadian company started with a
On Wednesday, the S&P 500 was up 0.2% and Toronto as up 0.1%. Toll Brothers was up 1.4%. TFI International
April 4, 2019 With only 12 full-time employees, how can I be so confident in this company’s prospects?Ā Read on
Although the DOW was down 79 points, Tuesday ended relatively flat with the S&P 500 virtually unchanged and Toronto up
Monday was as strong day for the markets with the S&P 500 index up 1.2% and Toronto up 0.8%. Among
March 31, 2019 The OutsidersĀ by William N. Thordike, Jr.Ā Perhaps one of the most acclaimed modern day investing books, I
Thursday was a mostly positive day in the markets with the S&P 500 up 0.4% and Toronto up 0.1%. Gainers
Wednesday was generally negative in the markets but some of our top picks did well. The S&P 500 was down
Tuesday was a positive day in the markets with the S&P 500 up 0.7% and Toronto up 0.6%. Most of
Monday was a relatively quit day in the markets with the S&P 500 down 0.1% and Toronto down 0.15%. You
As of tomorrow Monday, the focus will be on how the market reacts to the Mueller report. Trump was not
On Thursday, the S&P 500 was up 1.1% as the market apparently decided (for the moment at leeast) that the
Wednesday’s session saw the S&P 500 down 0.3% and Toronto down 0.1%. FedEx was down 3.5% after reporting earnings. Amazon
Tuesday was an eventful day for market news. North American stock market were positive earlier in the day but ended
On Monday, the S&P 500 was up 0.4% and Toronto was up 0.7%. FedEx was up 2.5%. Now that almost
On Friday, the S&P 500 was up 0.5% and Toronto was up 0.3%. There were no particularly large moves in
AutoCanada is updated and rated Sell. In the previous update I had noted that the value ratios would suggest a
I sold what amounted to 43% of my AutoCanada position today. As mentioned in my previous post, the Q4 earnings
On Thursday, the S&P 500 was down 0.1% while Toronto was down 0.4%. The market took little notice of Melcor’s
Wednesday was another strong day for the U.S. stock market with the S&P 500 up 0.7%. Toronto was up just
March 13, 2019 On just another regular Tuesday, I felt the sudden urge to write up an update on what’s
On Tuesday, the S&P 500 was up 0.3% and Toronto was up 0.2% CRH Medical was up 6.5%. It will
Linamar is down 4.5% to $48.52 after releasing Q4 earnings that were good but which included lowering their revenue growth
Markets were higher on Monday with the S&P 500 up a hefty 1.5% and Toronto up 0.7% Among the gainers
On Friday, the S&P 500 was down 0.2% and Toronto was down 0.4%. Costco was up 5.1% after reporting earnings.
Statistics Canada reports (I probably should say claims) that Canada added 56,000 jobs in February driven by full-time job gains
Thursday was a weaker day in the markets with the S&P 500 down 0.8% while Toronto was down only 0.2%.
(I was unable to make my usual post last evening due to a very rare server problem on the telus
On Tuesday, the S&P 500 was down 0.1% while Toronto was up 0.3%. There was not much movement in most
On Monday, the markets started out higher but ended lower with the S&P 500 down 0.4% and Toronto down 0.2%.
Bad news on the pipeline front as Enbridge announced a delay in its Line 3 pipeline. Now expected to be
March 3, 2019 Today, I have some exciting news: I am featuring my first guest writer, Jake Salpeter!
Canadian auto sales in February were 3.7% lower than the prior year. The lower sales number is clearly not good
Friday was a strong day in the markets and for our stock picks. The S&P 500 was up 0.7% and
On Thursday, the S&P 500 was down 0.3% and Toronto was down 0.5%. BHP Billiton was down 3.0% in New
Stantec’s earnings came in apparently somewhat above expectations. But not great. There is a 5.5% dividend increase. Our latest rating
Wednesday’s session saw the S&P 500 and Toronto each about unchanged. Toll Brothers ended the day down 2.5%. It’s interesting
On Tuesday, the S&P 500 was down 0.1% while Toronto was up 0.1%. Couche-Tard was up another 2.7%. Stantec was
On Monday, the S&P 500 was up 0.1% and Toronto was up 0.3%. AutoCanada was up 4.4% to $13.46. This
Berkshire Hathaway is updated and rated Buy at $203.71. The headline news from Berkshire’s Q4 report is hat Berkshire /
On Friday, the S&P 500 was up 0.6% and Toronto was up 0.1%. Shopify was up another 2.25% in Toronto.
Canadian Tire is updated and rated (lower) Strong Buy at $145.42. This has been a strong company for decades. It
On Thursday, the S&P 500 was down 0.35% and Toronto was down 0.2%. TFI International was up 2.1% to $40.45.
On Wednesday, the S&P 500 was up 0.2% and Toronto was up 0.6%. AutoCanada was up 2.8%. It has recovered
On Monday markets were closed for President’s day and Family Day holidays. Over the weekend Trump tweeted (among other things):
On Friday, the S&P 500 was up 1.1% and Toronto was up 0.9%. Linamar was up 3.9% to $50.28. AutoCanada
On Thursday the S&P 500 was down 0.3% while Toronto was up 0.4%. Canadian Tire was down 4.75% after releasing
Boston Pizza Royalties Q4 earnings were not great but definitely better than I expected / feared. The key points are:
Reporting today from off Roatan, an island that is part of Honduras. Spent the day there. The local population is
Belize City Markets were positive on Tuesday with the S&P 500 up a hefty 1.3% and Toronto up 0.5%. A
Posting today from Rhapsody of the Seas just out of Costa Maya entoute to Belize. I expect to be able
On Friday the S&P 500 ended the day up 0.1% but Toronto was down 0.45%. FedEx was down 2.3%, and
Posting from Tampa Florida today… On Thursday markets were down moderately with the S&P 500 down 0.9% and Toronto down
Wednesday was a relatively quiet day overall in the markets with the S&P 500 down 0.2% and Toronto up 0.1%.
Tuesday was another positive day in the markets with the S&P 500 up 0.5% and Toronto up 0.6%. WSP Global
Markets were positive on Monday as the S&P 500 gained 0.7% and Toronto was up 0.6%. CRH Medical was up
On Friday, the S&P 500 was about unchanged and Toronto was down 0.3%. Most rate reset preferred shares were up
On Thursday, the S&P 500 was up 0.9% and Toronto was up 0.4%. AutoCanada bounced up 5.7%. I stopped in
Wednesday was a positive day in the markets with the S&P 500 rising 1.55% but Toronto as up only 0.1%
On Tuesday, the S&P 500 was down 0.15% while Toronto was up 0.55% The Canadian Western Bank preferred share that
On Monday, the S&P 500 was down 0.8% while Toronto managed a 0.1% gain. There seems to be a lot
I have never had SNC Lavalin on the list but its bad news this morning is possibly of relevance to
Friday was a positive day in the markets with the S&P 500 up 0.85% and Toronto up 0.6%. Our one
On Thursday, the S&P 500 finished the day up 0.1% while Toronto was up 0.5%. Toll Brothers was up 1.7%
Apple Inc. is added to our list and rated Speculative Buy at $153.92. Apple is well known as one of
On Wednesday, the S&P 500 was up 0.2% while Toronto was down 0.2%. About the only notable move in stocks
On Tuesday some fear returned to the market and the S&P 500 was down 1.4% and Toronto was down 0.8%.
U.S. markets were closed for the Martin Luther King jr. holiday on Monday. Toronto rose 0.3%. CN Rail was up
This is very time sensitive but CWB is out with a new rate reset preferred share issue paying 6%. I
American Express is updated and rated (higher) Buy at $100.48. With this update I added four new lines to the
On Friday, the S&P 500 was up 1.3% and Toronto was up 0.6%. Berkshire Hathaway was up 2.9%, TFI International,
Thursday’s action saw the S&P 500 rise 0.8% ans Toronto was up 0.7% Dollarama was up 2.5%. Most stocks were
On Wednesday, the S&P 500 was up 0.2% as U.S. banks rose after some of them reported higher-than-expected earnings. Toronto
On Tuesday, the S&P 500 was up 1.1% and Toronto was up 0.5%. Shopify was up 3.55%. Amazon was also
On Monday, the S&P 500 was down 0.5% which was blamed on news a decline in China’s imports and exports
I have added Shopify to the list of stocks but only on a preliminary basis and have not yet assigned
January 13, 2019 Includes Zach’s thoughts on the economy, Dollarama, and his best ideas for 2019.
Friday was a relatively quiet day for the markets with the S&P 500 unchanged and Toronto up 0.2%. And there
Markets were up moderately on Thursday with the S&P 500 up 0.45% and Toronto up 0.7% TFI International continued to
Today, the S&P 500 rose 0.4% and Toronto rose 1.4% West Texas Oil is at $52.16 and I believe I
On Tuesday, the S&P 500 was up 1.0% and Toronto was up 0.7%. Notable gainers included: TFI International, up 4.4%Dollarama,
Markets rose on Monday with the S&P 500 up 0.7% and Toronto up 0.5%. Rate reset preferred shares rose with
Wine maker Andrew Peller Limited is added back to the list rated (lower) Buy at $13.87. It’s not particular cheap
The next update will be to add wine maker Andrew Peller back to the list. Its price is down to
MarketsĀ were higher on Friday due to a strong U.S. jobs report combined with soothing comments from the Fed Chair.
On Thursday, the S&P 500 fell 2.5% while Toronto fell 0.9%. Apple reported lower sales in China and there was