July 17, 2012 Comments

Markets rose today based on a positive interpretation of Ben Bernanki’s comments. Also positive earnings reports from Goldman Sach’s and Coke.

Based on an order I placed last month and then more recently renewed, I sold some of my Boston Pizza today at $18.10. This selling is just to be prudent and raise some cash as and if markets rise.

If I decide to buy anything it will probably be Canadian Western Bank. It’s always possible it could suffer loan losses due to a recession or from natural gas drillers, but overall it seems like a very safe bet for the longer term.