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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Friday, December 10, 2010

It's beginning to look a lot like Christmas...

Here in the 'Peg at least.  The late November snow is piled up everywhere and we're looking at a deep freeze this weekend with January type lows in the -20 range.

The markets have been flat but still slowly trending upward.  The TSX hit a new high for the year on Monday.  Despite a couple of downward ticks in the TSX, down 25 points on Tuesday and another 98 on Wednesday, my stuff has gone up every trading day this month.  That's pretty surprising given that my portfolio is almost all Canadian.  So far at least, it looks like the rally which started at the beginning of September continues.  Maybe there really is a Santa.

With a couple of hours to North America market opening, it's anybody's guess today.  No real definitive overnight news, but US futures are up a tick.

Happy Friday and good luck to all!
Posted by Stuart Gauld at 6:50 AM

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