January 7, 2014 Comments

On Tuesday the S&P 500 was up 0.6% and Toronto was up 0.7%.

Couche-Tard and First Service were each up 3.7% today, which is impressive.

The Canadian dollar was down about one cent and is now at 92.7 cents and this pushes up the value of U.S. dollar investments. At this level I might be inclined to convert some U.S. funds to Canadian. I don’t know which way the dollar will head, but I do like to sell on rallies, buy on dips, be it stocks or the dollar.