Monday was another positive day on the markets with the S&P 500 up 0.6% and Toronto up 0.3%.
Notable gainers included Linamar, up 2.6%, Melcor up 4.6% (but on its usual tiny volume) Bank of America up 2.9% and Toll Brothers up 3.9%.
Toll Brothers reports earnings on Tuesday morning and I expect a good earnings report and a good outlook. That should make for a gain in that stock but we shall see what the day brings.
I sold what amounted to 25% of my Canadian Western Bank shares today. I hold it in several accounts and I sold it where I had a gain as it is always psychologically easier to sell from a gain than a loss, even if that is illogical. Most of this is in registered accounts so taxes were not an issue.
In reviewing the cost of CWB is each of my accounts it would be nice if I could easily see what I paid for each batch of shares. With TD Waterhouse I can easily see my average cost in each separate account but not the cost by batch. If for example my average cost was $30 but I had a batch at $24 I might have been inclined to sell an amount equal to the amount bought at $24. I would only be able to see if I had a batch at say $24 by digging through statements. So, it seems that the likes of TD Waterhouse could improve their system. For one thing they only show about a month of history in the transactions for each account and it would be nice if that was at least 90 days and better if it was at least several years. (I’ll out this on Christmas wish list.)