On Friday, the S&P 500 was up 0.2% while Toronto was down 0.2%.
No particularly big moves in our stocks. Toll Brothers was up 1.5% to $39.51. Hopefully back over $40 soon. This company had languished around $28 for much of 2016. We had it rated (higher) Buy at $31 at the start of 2017.
The yield on the five year government of Canada bond rose again today to almost 1.40%. This is still low but moving in a direction that will help the rate reset preferred shares.
We have now reached the end of Q2 and a some companies will report Q2 earnings by mid July although most Canadian companies will not report until about mid August.
As of last week our Stock picks were up an average of about 6.4% for the year (not counting dividends). This is much better than the TSX but not as good as the S&P 500.
I will have some more company updates soon.
Not sure anyone will be interested but on this 150th birthday I decided to document my memories from Expo ’67 when I was seven years old. I just wanted to document my memories and figured this web site was a good place to store them.