April 11, 2022

On Monday, the S&P 500 was down a hefty 1.7% and Toronto as down 0.4%.

It looks like being cautious on the markets has been wise.

AutoCanada was down 5.5%.

I sold my shares in BHP today. I was up about 40% on those shares and it can be a volatile company so I took my gains and this will also add to my cash position. This was in an RRSP where triggering taxes is not a factor. I got a fill on some Melcor REIT shares at $7.19 and placed an order for more at $7.18.  I’m continuing to be cautious but also interested in bargain hunting.




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