Top-Ten Portfolio, For the Week Ending July 19, 2019

July 19, 2019 Bob Weir Market Insights, Top-Ten Portfolio

eResearch> This past week was not so good for the Portfolio as it dropped 2.6%. The energy sector again did not perform well. NFI was a major loser and AltaGas now has negative technical momentum.  Still, since the beginning of the year when the Portfolio commenced, the gain is 21.6%, which is not too shabby. With the major U.S. indexes all at or near all-time highs, it is discouraging to see the S&P/TSX Composite Index continue to struggle. Despite this, it is increasingly difficult to find quality stocks at attractive prices. We are also cognizant that the U.S.market is over-bought technically and, if it implodes, it will certainly drag the Canadian market down with it. Market due diligence is as important as ever.

You can access this week’s Top-Ten Portfolio by clicking here … …  TopTen_071919

About Bob Weir 329 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).

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