August 11, 2014 Comments

On Monday the S&P 500 rose 0.3% and Toronto rose 0.4%.

Almost all of our stock picks were up.

I sold most of the rest of my Liquor Stores N.A. shares. I retail a small amount in a tax free savings account. It has been a disappointment. They will release earnings within a week. I am not at all confident that they will have a good report. Maybe they will. I went to pick up beer and wine of Friday and headed for Superstore. I could not get myself to shop much at Liquor Stores N.A. (Liquor Depot and Liquor Barn) and that was not a good sign.

They need to cut the dividend and the refusal to do so seems irrational. There are far too many stores in Alberta and at some point they may announce some closures.

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