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
