December 29, 2022
For the first few comments of 2023 see the top of the subscriber Home page as the comment page for […]
For the first few comments of 2023 see the top of the subscriber Home page as the comment page for […]
A rate reset preferred share issued by Brookfield Office Properties Inc. (BPO.PR.G) is added to the site and rated (higher)
Wednesday was another negative day in the markets. The S&P 500 was down 1.2% and Toronto as down 1.1%. Almost
Our report on American Express is updated and rated (lower) Strong Buy at $147. (It’s at $145 as I write
On Tuesday, the Toronto stock exchange was closed while the S&P 500 was down 0.4%. On Friday, there was a
Markets were weak again on Thursday. It seems the market is giving back gains from this Fall that were mostly
Canada’s population growth in 2022 is absolutely epic. A lot of it due to non-permanent residents from Ukraine. But many
Markets rebounded on Wednesday. Apparently, this was partly due to good earnings from Nike. And probably bargain hunting after several
AutoCanada is updated and rated Strong Buy at $22.22. While the stock is down a lot this year, the company
Markets were modestly positive on Tuesday as the S&P 500 rose 0.10% and Toronto rose 0.45%. AutoCanada was down 3.9%
Monday was another negative day in the markets with the S&P 500 down 0.9% and Toronto down 1.25%. AutoCanada was
Markets were weak again on Friday with the S&P 500 down 1.1% and Toronto down 0.8%. I had been mentioning
RioCan Real Estate Investment Trust is updated and rated Buy at $21.07. This is a relatively lower risk investment but
Yesterday I suggested that markets were more likely to decline by the end of December rather than rally. Today the
On Wednesday the markets were a bit unsure how to react to the FED rate increase of 50 basis points
On Tuesday, the S&P 500 was initially up sharply as U.S. inflation came in slightly lower than expected. The rally
On Monday the S&P 500 was up 1.4% while Toronto was up 0.4%. I’m surprised that the price of Western
Friday’s action saw the S&P 500 down 0.7% and Toronto down just 0.1%. Costco was initially down 2.3% due to
On Thursday, the S&P 500 was up 0.75% while Toronto was about unchanged. After the close several companies reported or
Wednesday was another modestly negative day for stocks with the S&P 500 down 0.2% and Toronto down 0.1%. Toll Brothers
The report on Andrew Peller is updated but rated Weak Sell / hold at $5.06 This report was not due
Markets continued to slide modestly on Tuesday with the S&P 500 down 1.4% and Toronto down 1.25%. After the close,
Markets were lower on Monday. That’s not surprising given that markets had risen so much in the past seven weeks
On Friday, the S&P 500 was down 0.1% and Toronto was down 0.2%. Canadian Western Bank was disappointing with a
Markets were relatively quiet on Thursday with the S&P 500 down 0.1% and Toronto up 0.35%. Shopify was up another
Well, wow! It was quite a strong day in the markets indeed with the S&P 500 up a hefty 3.1%
On Tuesday the S&P 500 was down 0.4% while Toronto was up 0.4%. So, not a lot of movement. In
It was not surprising to see that markets were down on Monday. The markets have been quite optimistic lately and
Friday was a quiet day in the markets with the S&P 500 about unchanged and Toronto up 0.2%. Monday appears
With the U.S. markets closed for the holiday, Toronto gained 0.3% on Thursday. Canadian Tire was up 2.0%. According to
Wednesday was another positive day in the markets as the S&P 500 rose 0.6% and Toronto rose 0.3%. Toll Brothers
Markets were strong on Tuesday with the S&P 500 up 1.4% and Toronto up 1.2%. The market seems to be
Markets were down modestly on Monday with the S&P 500 down 0.4% but Toronto was about unchanged. West Fraser Group
Grocer / Pharmacy chain Metro inc. is updated and rated (lower) Buy at $76.67. (It closed slightly higher than that
Melcor Developments has a share buyback program and has been buying back shares regularly. However, due to its very thin
On Friday, markets did well as the S&P 500 and Toronto were each up 0.5%. This will likely be a
Markets were down on Thursday with the S&P 500 down 0.3% and Toronto down 0.4%. I’m not surprised to see
My last update of Dollarama was January 27, 2021 where it was rated (lower) Buy at $50.77 and I indicated
Not surprisingly, markets gave back some ground on Wednesday. The S&P 500 was down 0.8% and Toronto was down 0.2%.
Markets were higher Tuesday morning due to the news of slight drip in the producer price index (a measure of
On Monday, markets were positive for most of the day but turned negative later in the day. The S&P 500
On Friday, stocks surprisingly added to Thursday’s big gains with the S&P 500 up 0.9% and Toronto up 0.9% Shopify
The report on Melcor developments is updated and rated (higher) Buy at $10.90. This has been a disappointing company and
The report on the Melcor REIT is updated and rated Buy at $5.59. The cash yield is very attractive at
Stocks soared on Thursday and the U.S. inflation report came in slightly lower than expected. The hope is that inflation
Markets were down on Wednesday. Possibly this was due to the market being disappointed that he Republicans did not do
Tuesday was another positive day as the S&P 500 and Toronto both gained 0.6%. After the close, FedEx revealed that
The market seems to want to sort of forget about last week’s bad news that interest rates will go even
Fortis Inc. is updated and rated Buy at Canadian $53.35 or U.S. $39.63. It’s been almost two years since I
On Friday the markets seemed to have trouble reacting to the strong jobs report in the U.S. (and Canada although
On Thursday, the S&P 500 was down 1.1%. That was not surprising as the market is glum about the FD
Markets fell hard on Wednesday with the S&P 500 down 2.5% and Toronto down 1.2%. This came after the Federal
I neglected to make my usual daily comment yesterday. My apologies to anyone who looked for it. On Tuesday, the
Cameco, the big uranium miner is added to our list but rated only Highly Speculative Weak Buy at $32.99. I
Friday’s market nicely capped off a strong week for equities. On Friday, the S&P 500 was up 2.5% and Toronto
Thursday’s action saw the S&P 500 down 0.6% but Toronto was up 0.4%. Shopify was up a hefty 17.1% after
U.S. markets were down on Wednesday due to weakness in the big “tech” stocks. The S&P 500 was down 0.7%.
Tuesday was a positive day in the markets as the S&P 500 rose 1.6% and Toronto was up 0.9%. lululemon
On Monday the S&P 500 was up 1.2% and Toronto was up 0.3%. Costco was up 3.9%. TFI International was
Markets were surprisingly strong on Friday with the S&P 500 up 2.4% and Toronto up 1.5%. Markets may continue to
On Thursday, markets started out higher but ended the day with the S&P 500 down 0.8% and Toronto down 0.5%.
On Wednesday, markets gave back some of the gains of Monday and Tuesday. The S&P 500 and Toronto were each
On Tuesday, stock markets managed t a second day of gains with the S&P 500 up 1.1% and Toronto up
Our report on Aecon Group is updated and rated Weak Sell / Hold at $9.96. Possibly it should be rated
Monday featured a welcome rally in stock prices after Bank of America posted strong earnings growth. The S&P 500 was
It was not too surprising that markets on Friday gave back most of Thursday’s big gaisn. That’s because the gains
Our report on CN Rail is updated and rated (lower) Buy at $148.60 or US $107. CN is truly a
The report on lululemon is updated adn rated Speculative Buy at U.S. $296 (it has slipped to about $289 as
On Thursday, markets were initially lower due to the higher-than-expected U.S. CPI report. But then for apparently “no particular reason”
On Wednesday, the S&P 500 slipped another 0.3% and Toronto was down 0.1%. Linamar was down 2.2% after it announced
The Toronto market was down 2.0% on Tuesday. In part, this was becasue it was catching up on Monday’s U.S.
The report on Costco is updated and rated Weak Sell / Hold at U.S. $468. Costco is a fantastic company
Investors got spanked again on Friday as the S&P 500 fell a hefty 2.8% and Toronto fell 2.1%. Most stocks
Markets gave back some more ground on Thursday as the focus returned to how much higher interest rates are going.
It was not surprising to see that the markets on Wednesday gave back a little of the big gains of
Markets staged a big bounce upwards on Tuesday, adding to Monday’s gains. The S&P 500 was up 3.1% and Toronto
Markets had a noticeable bounce upwards on Monday with the S&P 500 up 2.6% adn Toronto up 2.4%. Virtually all
Friday marked the end of the third quarter and saw the S&P 500 down another 1.5% while Toronto finished unchanged
Thursday turned out to be another negative day in the market as the S&P 500 fell 2.1% and Toronto was
Markets bounced up somewhat on Wednesday with the S&P 500 up 2.0% and Toronto up 1.9%. Toll Brothers was one
Markets were initially higher on Tuesday but then faded for a loss on the day. The S&P 500 was down
The report on Melcor Developments is updated and rated (higher) Buy at $10.00. This has been a very disappointing investment
Monday was another down day in the markets with the S&P 500 down 1.0% and Toronto down 0.8%. While this
Friday was another negative day in the markets with the S&P 500 down 1.7% and Toronto down 2.75%. Almost all
The report on the Melcor Real Estate Investment Trust is updated and rated Buy at $5.89. The higher interest rates
Markets declined again on Tuesday with the S&P 500 down 0.8%and Toronto down 0.95%. Shopify was down 6.25% and is
Markets ended lower on Wednesday. The decline was not due to the 75 basis point increase by the FED which
Markets were down again on Tuesday as the S&P 500 fell 1.1% and Toronto fell 1.0%. Almost all the stocks
On Friday, markets rallied somewhat in the afternoon and the S&P 500 was up 0.7% and Toronto was up 0.9%.
Markets fell on Friday which may have been largely due to FedEx announcing that its express air business and its
On Thursday markets moved lower again as the focus returns to the higher interest rates. The S&P 500 was down
Markets rebounded somewhat on Wednesday as the S&P 500 rose 0.3% and Toronto 0.4%. Starbucks was the strongest performer on
Markets took a tumble on Tuesday as the U.S. inflation rate came in just slightly higher than expected. This dashed
Markets were higher on Monday as the S&P 500 and Toro to each rose 1.1%. Apple was up 3.85%. RioCan
Friday was another positive day in the markets as the S&P 500 rose 1.5% while Toronto as up 1.9%. With
Markets moved moderately higher on Thursday with the S&P 500 up 0.7% and Toronto up 0.9%. lululemon was up another
After the recent losses on the S&P 500 it was rather surprising to see the S&P 500 gain 1.8% on
I’ve had some feedback from the very top management at Melcor. The CEO and Board have not expressed any interest
Stocks moved lower once again on Tuesday with the S&P 500 down 0.4% and Toronto down 0.95%. lululemon bucked the
West Fraser Timber is updated and rated Weak Speculative Buy at CAN $109 or US $83. Based on trailing earnings
On Friday, the S&P 500 was initially higher but ultimately closed down 1.1%. Toronto as up 0.7%. lululemon gained 6.7%
Restaurant Brands, the franchiser of Tim Hortons, Burger King, Popeyes and Firehouse Subs returns to our list rated Buy at
On Thursday, the S&P 500 was down most of the day but then rebounded to close up 0.3%. Toronto was
Wednesday was another down day in the markets with the S&P 500 down 0.8% and Toronto down 0.9%. Almost all
Linamar is updated and rated Buy at $63.06. It’s trading at 90% of book value which in my experience indicates
On Tuesday markets continued to move down in further reaction to the FEDs announced determination to raise interest rates until
On Monday, markets continued to react negatively to the news from the FED that interest rates will probably be going
I updated Ceapro again for its Q2 results. I had updated it in early July at 56 cents. The Q2
Markets were sharply negative on Friday with the S&P 500 down hefty 3.4% and Toronto was down 1.5%. This came
Markets rose on Thursday with the S&P 500 up 1.4% and Toronto up 0.75%. West Fraser Timber was up 6.4%.
Markets were modestly higher on Wednesday with the S&P 500 up 0.3% and Toronto up 0.2%. AutoCanada was up 5.9%.
On Tuesday, the S&P 500 was down 0.2% while Toronto was almost unchanged with a 0.05% gain. Auto Canada was
On Tuesday the markets continued the recent pull back. The S&P 500 was down 2.1% and Toronto was down 0.7%.
Friday saw the S&P 500 down 1.3% and Toronto down 0.8%. Almost all of the stocks on our list were
The Boston Pizza Royalties Income units return to our list and are rated Buy at $16.70. They are a bit
Markets eked out small gains today with the S&P 500 up 0.2% and Toronto up 0.4%. There were no individual
Wednesday was a down day in the markets as the S&P 500 fell 0.7% and Toronto fell 0.4%. Most stocks
Obviously, Melcor Developments has been a big disappointment as an investor. Yet it has potential. Its assets are solid and
Markets are starting out lower this morning. Not surprising to get a dip given recent strong days. I notice that
On Tuesday the S&P 500 was up 0.2% and Toronto was up 0.4%. Canadian Tire was up 3.5%. AutoCanada was
Markets on Monday ended the day moderately higher with the S&P 500 up 0.4% and Toronto unchanged. Dollarama and Visa
On Friday, markets were strong again as with the S&P 500 up 1.7 percent and Toronto up 0.9 percent. Stantec
Thursday was another positive day in the markets with the S&P 500 up 0.6% and Toronto up 0.9%. Linamar was
Wednesday was another strong day in the markets with the S&P 500 up a hefty 2.1% and Toronto up 1.6%.
On Tuesday, markets were modestly lower as the S&P 500 fell 0.4% and Toronto fell 0.5%. lululemon was down 3.1%.
Upon further checking I am even more certain that the Boston Pizza Royalties units are a Buy at the current
As restaurant sales have roared back I have been surprised that the Boston Pizza Royalty units have not risen more
On Monday, markets were little changed as the S&P 500 was down 0.1% and Toronto was up 0.25%. There were
On Thursday Restaurant Brands was up about 7% as people flocked to Tim Hortons, Burger King and Popeyes. On Friday
Markets were strong on Wednesday. One headline attributed this to Nancy Pelosi leaving Taiwan without incident. Obviously if China does
Tuesday saw the S&P 500 down 0.7% and Toronto down 0.95%. AutoCanada was up 3.9% and then after the close
Friday’s market capped a strong week and a strong July. The debate now is weather July was just a bear
Markets rose on Thursday with the S&P 500 up 1.2% and Toronto up 1.05%. TFI International was strong with a
Markets were fairly sharply higher Wednesday after the FED raised interest rates 0.75% rather than the feared 1.0%. Long term
Tuesday featured some market declines with the S&P 500 down 1.15% and Toronto down 0.7%. Some retailer including Canadian Tire
Monday was a moderately positive day in the markets with the S&P 500 ending the day up 0.1% and Toronto
I’ve been looking further at these two rate reset pref shares that i have mentioned recently and which look like
Markets are quiet this morning… We are just getting into the Q2 earnings reports for Canadian companies. This could move
Friday’s session saw the S&P 500 down 0.9% and Toronto down 0.4%. Shopify bounced down 7.3%. Penny stock Ceapro was
West Fraser Timber is updated and rated Speculative Buy at U.S. $102 or Canadian $132. The analysis is in U.S.
Markets continued higher on Thursday with the S&P 500 up 0.7% and Toronto up 0.1%. Toll Brothers was up 4.1%.
Markets were modestly higher on Wednesday with the S&P 500 up 0.6% and Toronto up 0.4%. Shopify bounced up 12.3%.
Markets staged a big bounce on Tuesday. The S&P 500 was up 2.8% and Toronto was up 1.8%. West Fraser
West Fraser Timber is up about 20% this morning on rumors it has received a take over offer or is
U.S markets today were earlier up but then ended the day with the S&P 500 down 0.8%. But Toronto was
Posting today and for the next month from Nova Scotia and the Atlantic provinces and time zone. Markets are set
Markets staged a little rally on Friday with the S&P 500 up 1.9% and Toronto up 0.4%. Starbucks was up
Markets finished lower on Thursday although not as low as they had been earlier in the day. The S&P 500
On Wednesday the S&P 500 was down 0.45% as U.S. inflation came in higher-than-expected at 9.1% year-over-year in June. In
On Tuesday, the S&P 500 was down 0.9% and Toronto was down 0.7%. West Texas Oil is down to $94.28.
Monday’s action saw the S&P 500 end the day down 1.15% and Toronto was very similar down 1.1%. Almost all
On Friday, the S&P 500 was down 0.1% and Toronto was down 0.2%. In Canada, the big event this week
The report on Ceapro is updated and rated Speculative Buy at $0.56. This has been a volatile and disappointing stock
Thursday was an up day in the markets. The S&P 500 was up 1,4% and Toronto was up 1.8%. Shopify
The report on Visa Inc. is updated and rated Buy at $202. It’s not a screaming buy but I don’t
On Wednesday, the S&P 500 was up 0.4% while Toronto declined 0.55% as oil prices weakened somewhat. West Fraser Group
On Tuesday, the S&P 500 was down as much as 2.1% earlier in the day but recovered to end the
U.S. markets were closed for the holiday today. Toronto, left to its own devises rose 0.9% as oil prices rose.
WSP Global returns to our list rated (lower) Buy at $144. It is a high quality company with strong recent
My next update will be for WSP Global. It will be rated somewhere in the Buy range. What a difference
Canadian markets were closed for the holiday on Friday. Meanwhile the S&P 500 was up 1.1%. Toll Brothers was strong
The report on Stantec is updated and rated (lower) Buy. It’s been a long term winner and continues to grow.
Thursday was the last day of the second quarter of the year and the markets lost a bit more ground.
I was not able to make my usual little comment about Tuesday’s market due to a technical issue. On Tuesday,
Markets were relatively calm on Monday. The S&P 500 was down 0.3% while Toronto was up 1.0%. Shopify bounced down
Markets were strong on Friday as the S&P 500 rebounded 3.1% and Toronto was up 1.85%. FedEx was up 7.2%
The report for wine maker and seller Andrew Peller is updated and rated Sell at $6.o3. I probably should have
On Thursday, the S&P 500 was up 0.95% but Toronto was down 1.5%. Shopify was strong, rising 7.6%. Toll Brothers
On Wednesday, the S&P 500 was down 0.1% and Toronto was down 1.3% as oil prices have declined somewhat. Andrew
On Tuesday, the S&P 500 was up 2.45% and Toronto was up 0.4%. Apple Inc. was up 3.3%. Costco was
As the futures suggested, U.S. markets are rebounding somewhat this morning. Canadian retail sales for April were reported this morning.
U.S markets were closed on Monday for the “Juneteenth” holiday which celebrates the date that slavery officially ended in Texas
Friday ended a very negative week in the markets as the the markets belatedly sit up and take notice of
The report on Constellation Software is updated and returned to our list. It always looks expensive but its past record
Thursday was another down day in the markets. Higher interest rates are a strong gravitational force on stock prices and
On Wednesday the FED raised interest rates by 0.75%. Since this had been expected after last Friday’s fat inflation number,
Markets were calmer on Tuesday but the S&P 500 still slipped 0.4% and Toronto as down 1.0%. AutoCanada was down
Unless you have been disconnected from all news today until now, you already know that markets took a tumble on
Friday was a negative day on the markets as investors take more and more notice of higher interest rates. Higher
Markets are down again this morning due to U.S. inflation for May coming in higher than expected at 8.6% year
Markets were down on Thursday as the S&P 500 fell 2.4% and Toronto was was down 1.1%. Canadian Wester Bank
On Wednesday, markers were down modestly as the S&P 500 fell 1.1% and Toronto fell 0.65%. Dollarama was strong with
On Tuesday the S&P 500 was up 0.95% and Toronto was up 0.95% and Toronto was up 0.5%. Shopify was
Monday’s session ended with the S&P 500 up 0.3% and Toronto up 0.1%. Today, I updated my popular reference article
On Friday, the S&P 500 bounced down 1.6% and Toronto similarly was down 1.15%. Most stocks were down on the
On Thursday, markets were strong as the S&P 500 rose 1.8% and Toronto rose 1.5%. lululemon was up 4.35% Shopify
On Wednesday the Bank of Canada hiked its interest rate 0.50% to 1.50% and the big banks immediately raised their
Tuesday was a modestly down day o the markets as the S&P 500 fell 0.6% and Toronto was down 0.9%.
On Monday the U.S. markets were closed for the Memorial Day holiday. Toronto was up 0.8% and West Texas Oil
Markets continued to rebound on Friday. The S&P 500 was up a very hefty 2.5% and Toronto was up 1.05%.
Thursday was a strong day in the markets as the S&P 500 was up 2.0% and Toronto was up o.7%
Markets bounced up moderately on Wednesday as the S&P 500 rose 0.95% and Toronto rsoe 0.5%. Toll Brothers was up
On Tuesday, U.S. markets retreated from Monday’s gains and the S&P 500 ended the day down 0.8% – it had
The Canadian stock market is closed for the Victoria Day holiday. The U.S. markets are open and the S&P 500
Canadian Tire is updated and rated (higher) Strong Buy at $162. Its earnings have been very strong and its valuation
Couche-Tard is updated and rated (lower) Buy at $55.69 (a price from yesterday). Based on its recent earnings and growth
Wednesday was a rough day in the markets as Tuesday’s little bounce was short lived. The S&P 500 was down
Markets had a bounce upwards on Tuesday as the S&P 500 was up 2.0% and Toronto was up 1.4%. Notable
Melcor Developments is updated and rated buy at $13.68. Admittedly this has been a poor investment over the years. But
On Monday, the S&P 500 was down 0.4% while Toronto was up 0.5%. Oil is at $115 U.S. dollars. Even
Markets rebounded a little on Friday with the S&P 500 up 2.4% and Toronto up 2.0%. Shopify was up 12.4%
On Thursday, markets were volatile and ended the day with the S&P 500 down just 0.1% and Toronto down 0.7%.
The report on the Melcor REIT is updated and rated Buy at $6.76 to yield 7.1%. With the improving Alberta
I am in the process of updating the Melcor REIT again mostly because I am preparing some questions for their
On Wednesday the S&P 500 was down another 1.65% and Toronto was down 0.3%. U.S. inflation came in at 8.3%,
Tuesday’s action saw the S&P 500 up 0.25% while Toronto was down 0.55%. RioCan was down 3.45% to $20.99. Yet
I updated the Aecon report becasue it is an interesting and commendable company. It builds some of the most impressive
Monday was another non-boring day in the stock markets. The S&P 500 was down 3.2% and Toronto was down 3.1%.
Friday’s action in the markets saw the S&P 500 down 0.6% and Toronto down 0.3%. Shopify was down 8.2%. lululemon
The report on Starbucks is updated. Starbucks is currently facing headwinds in terms of unionization drives in the U.S. where
On Thursday the markets took back all of that strange gain yesterday and a good deal more. The S&P 500
Stocks are down fairly sharply this morning. Never a dull moment it seems. The rally yesterday afternoon seemed strange and
On Wednesday, the market waited with baited breath for the FED’s interest rate announcement and following press conference. As expected
On Tuesday, the S&P 500 was up 0.5% and Toronto was up 1.0%. TFI International was up 4.35%. It’s going
Monday’s action saw the S&P 500 up 0.6% while Toronto was down 0.3%. Shopify continues to bounce around and was
After rising sharply on Thursday, markets fell even more sharply on Friday. The S&P 500 was down a very hefty
Our report on Canadian Western Bank is updated and rated (lower) Strong Buy at $32.41. Quite simply this is a
Markets staged a big rebound on Thursday with the S&P 500 rising 2.5% and Toronto 1.8%. The gains seemed to
Markets had bounced back a little on Wednesday but most of the increase fizzled out by the end of the
Markets continued to not be boring on Tuesday. The S&P 500 ended the day down a hefty 2.8% while Toronto
So, markets are down again this morning. Again, this is not shocking given the interest rate hikes and fears of
Monday was another volatile adn non-boring day in the market The S&P 500 had a swing of 2.3% from its
I mentioned the Canadian Western Bank rate reset preferred shares in my comment earlier today. Given that I now find
On Friday the markets took greater notice of rising interest rates. The S&P 500 was down a hefty 2.8% and
Markets are moderately weaker this morning. Statistics Canada reported Retail sales for February and a preliminary number for March. I
Thursday was a negative day for the markets with the S&P 500 down 1.5% and Toronto down 1.6%. BHP was
The report on Ceapro is updated and rated Speculative Buy at 51 cents. This company has a base business that
Wednesday was a somewhat “mixed” day in teh markets. The S&P 500 and Toronto indexes were both down 0.1%. Shopify
Tuesday was a nice day to be an equity investor. The S&P 500 was up a hefty 1.6% and Toronto
U.S. markets gyrated between negative adn positive on Monday but ended the day with the S&P 500 essentially unchanged and
Markets were closed on Friday for the holiday. On Thursday, the S&P 500 was down 1.2% while Toronto was up
Starbucks is returned to our list of stocks after a brief hiatus. Without question Starbucks is a great company with
Markets rebounded somewhat on Wednesday as the S&P 500 was up 1.1% and Toronto was up 0.6%. lululemon was notable
There is seldom a dull day in the markets. Today’s excitement started with an inflation reading of 8.5% in the
On Monday, the S&P 500 was down a hefty 1.7% and Toronto as down 0.4%. It looks like being cautious
On Friday, the S&P 500 was down 0.3% while Toronto was up 0.2%. Shopify was down 6.5%. As of this
Yesterday (April 7, 2022) I saw news that Walmart was increasing the STARTING pay of its long-haul truckers to $95,000
Markets were initially down on Thursday but finished the day with the S&P 500 up 0.4% and Toronto up 0.2%.
Markets are down modestly today. Costco is a standout. It’s up 2.9% to $602 after releasing its March sales results.
Markets were negative once again on Wednesday as the war and higher interest rates were in focus. The S&P 500
Markets were down on Tuesday apparently becasue investors focused on the war and the potential for the FED to begin
On Monday, stocks were mostly up as the S&P 500 rose 0.8% and Toronto rose 0.6%. Shopify was up 4.9%
Berkshire Hathaway is updated and rated Weak Buy / Hold at $352. It’s up a whopping 40% since it was
On Friday, the S&P 500 and Toronto each ended the day up 0.3% CN Rail was notable with a 4.6%
Thursday marked the end of the first quarter of the year and was a negative day in the markets. The
On Wednesday, markets took a bit of a breather partly becasue Russia has not backed off in the Ukraine despite
It seems my comment from Monday did not get uploaded, here it is: Markets had been moderately lower on Monday
Tuesday was another positive and optimistic day in the markets. The S&P 500 was up 1.2% and Toronto was up
TD Direct is out this afternoon with a new convertible bond issue. This one paying 5.2% and maturing December 31,
Toll Brothers is updated and rated Strong Buy at $49.11. I had rated it a Strong Buy back on December
On Friday the S&P 500 was up 0.5% and Toronto was up 0.3%. Stocks markets have been rising in spite
On Thursday the S&P 500 was up 1.4%. That seems surprising on a day when President Biden appeared to be
Wednesday’s action saw the S&P 500 down 1.2% and Toronto down 0.6% as concern about interest rate hikes came into
Yesterday stocks were up in spite of the FED’s indications that they will likely raise interest rates 0.50% in the
On Tuesday, I saw financial headlines that said the markets were higher despite “hawkish” talk from the Fed chair. The
On Monday, the S&P 500 was about unchanged while Toronto set a new record high and finished the day up
On Friday, markets moved higher for the fourth straight day as the S&P 500 rose 1.2%. Toronto rose only 0.2%
Melcor Developments is updated and rated Buy at $16.40. The Buy rating is based primarily on the continued low price
Thursday was the third day of this market rebound. The S&P 500 was up 1.2% and Toronto was up 1.4%
Markets were decidedly higher on Wednesday as the latest rebound was buoyed by comments from the FED Chair and the
This morning I was thinking about the risks of holding too much in equities. It’s usually a mistake to think
Tuesday was a bounce back day for the markets as the S&P 500 rose a hefty 2.1%. Toronto, with its
On Monday the S&P 500 was down 0.7% while Toronto was down 1.3% as the price of oil slipped somewhat.
The report on TFI International is updated and rated Buy at $118.45. This is an extremely well managed trucking company
Friday’s session saw the S&P 500 down 1.3% and Toronto down 0.6%. There are some potential bargain to choose from.
Thursday’s action saw the S&P 500 down 0.4% while Toronto rose 0.4%. I notice Amazon was up 5.4% as it
Wednesday was a bounce back day for markets and a bounced down day for oil The S&P 500 rose 2.6%
Shopify is updated and rated Speculative Buy at $747 Canadian dollars or $583 U.S. dollars. Be cautious given that it
On Tuesday, the S&P 500 ended the day down 0.7% while Toronto was down 0.3%. Shopify was down another 7.6%
On Monday the market reacted negatively to the situation in the Ukraine. The S&P 500 was down a hefty 2.95%.
The report on the Melcor REIT is updated and rated Buy at $6.99.
On Friday (which in some ways was ages ago) the S&P 500 was down 0.8% while Toronto was up 0.7%.
On Thursday, the S&P 500 was down 0.5% and Toronto was about unchanged. Melcor Developments managed a 4.2% gain. They
On Wednesday markets were higher apparently based on the market liking comments from the Fed Chair. The S&P 500 was
On Tuesday, as the market continued to react to the war in Ukraine, the S&P 500 was down 1.55% and
On Friday, the S&P 500 was up 2.2% and Toronto was up 1.7%. That could be called a heartless and
Nothing to see here? On Thursday, the S&P 500 was up 1.5% and Toronto was up 0.1%. Those figures don’t
On Wednesday, markets started out to the positive but declined throughout the day and the S&P 500 ended the day
Markets were nervous on Tuesday. Futures markets has suggested a decline at the open but then turned around and the
On Monday, North American stock markets were closed for a holiday. Futures markets are open and there was some indication
On Friday, markets were somewhat weak as the S&P 500 fell 0.7% and Toronto declined 0.8%. WSP Global was one
Fear was the dominant emotion on Thursday as the S&P 500 declined 2.1% and Toronto was down 1.0%. Shopify was
Markets are definitely skittish and I think rightly so with the Spector of higher interest rates as well as world
It seems that markets remain nervous about the impact of higher interest rates and other risk factors. Markets were down
RioCan is updated and rated Buy at $24.52. It has staged a huge recovery since plummeting to under $15 at
On Tuesday markets rebounded on news of easing tensions in the Ukraine situation. The S&P 500 rose 1.6% and Toronto
Markets were moderately negative on Monday with the S&P 500 down 0.4% and Toronto down 0.9%. Accordingly, most of the
On Friday the markets were mostly negative which was blamed on fears that Russia might invade Ukraine. The S&P 500
Stocks were mostly lower on Thursday with the S&P 500 down 1.8% and Toronto down 0.3%. In the U.S. inflation
Our report on Canadian National Railway Company is updated and rated (lower) Buy at $158.55 or US $125. (It closed
Wednesday was another positive day in the markets with the S&P 500 up 1.45% and Toronto up 1.1%. Shopify bounced
Equities moved higher on Monday with the S&P 500 up 0.8% and Toronto up 0.7%. TFI International was up 8.1%
Our report on lululemon is updated. It’s a great company but is expensive and therefore remains rated at only a
Markets were relatively calm on Monday with the S&P 500 down 0.4% and Toronto down 0.2%. AutoCanada was down 3.2%.
On Friday, the S&P 500 was up 0.5% and Toronto was up 0.8%. Shopify bounced up 8.8% in Toronto. Amazon
The report on Andrew Peller is updated. Although the stock seems cheap, I have rated it only a Speculative (lower)
Thursday was another interesting day in the markets. Facebook / Meta set the tone with a massive 26% decline. The
Wednesday’s action saw the S&P 500 up 0.9%. Toronto was up only 0.2% weighted down by Shopify which was down
Tuesday ended with the S&P 500 up 0.7% and Toronto up 1.05%. lululemon was up 3.3%. Couche Tard was up
After a strong day on Monday, U.S markets are about unchanged at this moment on Tuesday while Toronto is up
On Friday, markets finished strongly into the close and the S&P 500 was up 2.4% on the day. Toronto was
Markets are strong as of early afternoon on Friday. Visa is up 8.6% after posting earnings. Apple is up 5.8%
At end of day, Thursday, the S&P 500 was down 0.5% and Toronto was down 0.25%. Shopify was down 6.1%
Markets were moderately positive this morning apparently based on better economic news. But have turned negative this afternoon and the
Markets gyrated on Wednesday first rising but then falling after FED comments. The S&P 500 ended down 0.15% and Toronto
Markets are fearful again on Tuesday mid-day with the S&P 500 down 2.0% and Toronto down 0.8%. Shopify is down
On Monday, the markets erased big losses from earlier in the day and the S&P 500 closed up 0.3% while
Markets are solidly down on Monday as of mid-day. The S&P 500 is down a hefty 3.2% and Toronto is
Markets were negative on Friday with the S&P 500 down 1.9% and Toronto down 2.1%. Shopify was down a huge
I’m in Maui (Kapalua which is near Lahaina for those familiar with Maui) until the end of this month which
On Wednesday, the S&P 500 is down 0.3% although it was up earlier in the day. Toronto is down 0.2%.
Markets are down this Tuesday afternoon with the S&P 500 down 1.8% and Toronto down 1.5% West Texas Oil is
U.S. markets are closed today for the Martin Luther King jr. holiday and rose 0.1% on Friday. Toronto is up
NOTE the date, this post was meant to be seen yesterday but failed to load due to a connection problem.
On Thursday the S&P 500 was down 1.4% and Toronto was down 0.5%. Shopify was down 8.8% as mentioned in
On Wednesday, the S&P 500 was up 0.3% and Toronto was up 0.6%. BHP was up 4.4% Canadian Western Bank
Markets were initially down noticeably on Monday but recovered almost all the ground as the S&P 500 and Toronto each
Markets are down today with the S&P 500 down 1.65% and Toronto down 0.9%. Shopify is down 5,8% and getting
Greetings from Maui (Kapalua) On Friday, the S&P 500 was down 0.4% while Toronto was up 0.1%. Shopify was down
On Thursday, the S&P 500 was down 0.1% while Toronto was up 0.15%. Canadian Western Bank was up 4.6%. Nice
Wednesday was a rate down day in the markets. The S&P 500 fell 1.9% and Toronto fell 0.9%. This came
Preferred shares can be attractive for yield especially in taxable accounts given the dividend tax credit. But my experience has
On Tuesday the S&P 500 was down 0.1%. Toronto was up 0.1%. Shopify was down a huge 10.9%. One article
January 3, 2022 – The US markets were open today and the S&P 500 rose 0.6% to set another all-time high.
Wow, 2021 turned out to a surprisingly stellar year in the markets. The S&P 500 gained 2.9% and the Toronto