It’s Turkey Drive time again! My Rotary club’s annual campaign to raise funds for the House of Friendship Christmas hamper program. We will help thousands of local families enjoy a Christmas dinner and food throughout the Christmas Season.
If you are interested in finding out more simply click the link below.
The past Week and more; As predicted the volatility continues. The TSX was down -0.8% for the week while the S&P500 and DOW were down -1.6% and -2.2% respectively. The good news is that at this point, all 3 are still positive for the month of November. We know that can change at any point though. International and other equity markets partially mirrored these 3 majors; being mostly down for the week (excluding China due to overtures on some trade compromises) but, were mixed for the month to date.
Not Ready Yet; At this point we still believe it is too early to call a firm low and/or upward movement. It appears markets continue to trade in an up and down sideways pattern looking like they are moving in a direction and then toping/bottoming and turning. While we don’t yet feel confident in a firm movement, we do feel fine to chip away a tiny bit with the odd bargain or trim where we feel appropriate, while we continue to leave some dry powder for a point when we do believe in a more positive turn.
In the meantime we continue to monitor and analyse all the data and indicators.
Stay warm and have a great week!
Global Insight WEEKLY
November 15, 2018
Global Insight Monthly
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