On Friday the S&P 500 was up 0.4% and Toronto was up 0.7%.
Toll Brothers fell 3.9% as a report showed that new home sales fell in July. Mortgage rates are still low but have increased quite a lot in recent months. Still Toll Brothers management was quite upbeat in its earnings release last week.
With the Canadian dollar down near 95 cents I transferred some U.S. dollars to Canadian. Generally I view my U.S. investments to be permanently in U.S. dollars but I ended up with more cash in U.S. dollars than Canadian and it seemed opportune to transfer some to roughly equalise the cash in each currency. I don’t really want to transfer any more but I would be tempted to do so if the Canadian dollar fell to 93 cents or especially to 90 cents.