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Weekly Update for the week ending October 11, 2024

Last week, I touched on why October has a bit of a reputation as a volatile month in the markets—historical crashes, rapid recoveries, and plenty of unpredictability. So, what should you expect for your portfolio this October? Let us take a look.

First off, volatility does not necessarily mean disaster. In fact, it can create opportunities, especially for long-term investors. If you see sharp drops in certain stocks or sectors, it could be a chance to add to your positions or get into new ones at discounted prices. But timing the market is tricky—so keep your long-term goals in mind (you have set some long-term goals, right?) rather than reacting emotionally to short-term swings.

Weekly Update for the week ending December 15, 2023

The US Federal Reserve just gave the markets the gift they have been waiting for: potential cuts to the US interest rate next year! That was enough to get the bulls attention. Investors are cheering, confidence is surging, and it might just be the start of the Santa Claus Rally. Let us dive into what the Fed’s signal means for the portfolios and whether this means we are officially in for a holly jolly market ride.

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Federal Open Market Committee rate decision, Benchmark rates elsewhere, ….

Weekly Update for the week ending November 10, 2023

Canadian Economic news, US Economic news …

It is earnings report season again, this time for the third quarter. The number of companies reporting in the three portfolios has been increasing steadily, reaching 35 this week. I admit it can cause one’s eyes to glaze over, however, these reports are crucial to understanding how the companies you own are faring.

With all the reports this past week, fortunately, there were no key economic reports in Canada or the US this past week. Otherwise, this Weekly Update would have gone on forever, writing it certainly seemed like it did. Sigh! 😊

Weekly Update for the week ending November 3, 2023

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, US Interest rate remains unchanged, Magnificent Seven update, ….

Following a turbulent October, North American stock markets regained their footing as November began, thanks to the US Federal Reserve (Fed)’s decision to leave the US benchmark interest rate unchanged. Although the Fed kept the possibility of future hikes open, widespread belief among analysts and investors suggests that the US interest rate might have reached its peak. If the Fed chooses to hold the rate steady at their year-end meeting in December, it will mark the third consecutive meeting without a change. Many experts view this as a potential indication of the end of the recent rate hikes. We shall see.