AFTER PARKING MOST OF MY NEST EGG IN VERY CONSERVATIVE INVESTMENT ACCOUNTS THERE WASN'T MUCH TO WRITE ABOUT. TPCI IS BACK WITH SOME THOUGHTS AND IDEAS, OTHER THAN INVESTMENT IDEAS, TO SHARE WITH CANADIAN BOOMERS, RETIREES AND SNOWBIRDS.


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Tuesday, December 7, 2010

Big Beat By BMO

Happy Tuesday!

Yesterday, I put Friday's money back to work by doubling my October positions in both BMO and RBC. Ironically, I was able to buy shares for less than I had offered on Friday on yet another dip. Afterward, both went up throughout the day so it felt like a win, win. Averaged down on my October purchases and actually made money on my Monday morning buys.

BMO just out with Q4 numbers and it's a big beat of expectations. The banks, BMO for sure, should get back on track today.

Asia, Europe and US futures all up overnight. DOW futures way up! Oil over $90. TSX should keep on rockin' today.

I'm glad to see a couple of readers weighing in with comments. Welcome! Bloggers do wonder if anyone is reading.
Posted by Stuart Gauld at 6:15 AM

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