June 29, 2013 Comments

On Friday the S&P 500 was down 0.4% while Toronto was up 1.0%.

Interesting moves included Shaw Communications up 5.4% to $25.24 on the release of a good earnings report. I have not mentioned it much lately but our last rating was Buy at $21.06 on October 28, 2012.

Then there was Blackbury (formerly Research in Motion) down 26% to $11.08 on a poor earnings report. Our last rating was Highly Speculative Weak Sell at $10.86. I mentioned in the report that the company was difficult to predict but might be considered a highly speculative. Buy for more adventurous investors.

For the First half of 2013 our Stock Picks have done very well.

The three Strong Buy are up 14% (Canadian tire), 21% (Wells Fargo) and 19% (Melcor) for an average of 18%. My own portfolio is also up 18.0%. The 19 Buys were up an average of 11.9% each. There were only three decliners and the biggest decline was 8%.

Here is how our Stock Picks look graphically as of today. (Weak Buy and Weak Sells are considered basically Holds and are not shown in the graph (we have always done it that way) because we were basically sitting on the fence with those.



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