August 16, 2012 Comments

Stocks had a strong day. Toll brothers was up 5.8%. Microsoft was up 1.9%, Canadian Western Bank up 2%.

So far I am hanging on not taking profits or adding to positions.

Walmart however was down 3% after reporting earnings that were good but not quite as good as hoped for by the market.

I am in Seattle today, Alaska cruise starting tomorrow.

Checked out some of the Berkshire Hathaway companies today, See’s Candies and Ben Bridge jewelers. Saw a Burlington Northern train and bridge that both looked rusty.

Saw also a new Target store downtown. When Target comes to Canada it could put some pricing pressure on some Canadian retailers including drug stores and general merchandise.