On Friday, the S&P 500 rose 0.1% while Toronto fell 0.4%.
I am now planning to make use of my margin account to buy some additional Boston Pizza shares. The distributions will easily pay the monthly interest on the margin borrowing leaving about a 4% profit before tax. There is always a risk that these units will decline in price. However, I feel there is a higher probability of the units rising in price. I have not used margin or borrowed to buy stocks for a few years. This margin amount will not be large compared to my portfolio and the amount will not represent a large risk.
Bank of America will be the next report updated and it will likely be rated Speculative Buy. I will likely add to my Bank of America position tomorrow (Monday).