Spare Change… Another busy week of earnings reports with 21 companies reporting for the period April 1 – June 30, 2022. These three months are commonly referred to as the second quarter but depending on when a company’s fiscal year starts, this can be the first, third or fourth quarter. For example, Skyworks Solutions reported […]
Tag: amzn
The week ending July 29, 2022
Loose change…. A busy week of earnings for the three Portfolios with 17 companies across the Portfolios announcing their respective quarterly results. I was not sure if the light at the end of the tunnel was going to be the end of the tunnel or an approaching train. It turns out it was light at […]
The week ending July 22, 2022
Loose change… This past week Canada’s June inflation rate came in at 8.1%, the highest since 1983. I know I’m feeling the bite of inflation. Higher gasoline prices are driving (pun intended) a lot of that increase, but prices across the board are up – food, housing and transportation are all up. The last time […]
The week ending July 15, 2022
Electric Vehicle sales reach tipping point Electric Vehicles (EV) surpassed the magical 5% mark of the total auto market this past quarter, according to a report from Cox Automotive. Why is 5% important you ask? Well, I will tell you. Historically, once a product reaches 5% of a total market it reaches the tipping point […]
The week ending July 8, 2022
Ch, ch, changes After some feedback, I have decided to break the Weekly Update into two separate parts. Going forward, the weekly market and portfolio update will now be a separate post from the opening commentary. The weekly update content will remain the same (unless feedback suggests otherwise) and continue to be posted at the […]
The week ending July 1, 2022
First half review After two years of the stock markets being dominated by Covid-19 related issues (inflation, supply chain, etc.), the first half of 2022 was the bumpiest first half ever for the markets. The four major North American Indexes look like the Canadian flag – lots of red. According to Bloomberg data, over $9 […]