October 29, 2019

On Tuesday, the S&P 500 was down 0.1% while Toronto was up 0.2%.

Apple was down 2.3%. Shopify was down 3.2% after reporting a loss but sharply higher revenue. 

Tomorrow, the FED is expected to cut interest rates by 0.25 while the Bank of Canada is expected to hold interest rates steady.

If so, that supports strength in the Canadian dollar. I am thinking of buying some DLR (effectively buying U.S. dollars) on Toronto to transfer that to the U.S. dollar side of my account and to then make some purchases of U.S. equities. 

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