After a volatile July, the US markets got off to a positive start in August, with the Dow Jones Industrial Average (DJIA) setting a record closing high on the first trading day. It would set two more records during the month, while the S&P 500 Index (S&P) established three of its own. The Nasdaq Composite Index (Nasdaq), despite being the top-performing index in August, remained below its June record. The Canadian market joined in, with the Toronto Stock Exchange Composite Index (TSX) setting four new record closing highs before ending the month just below its peak. Better yet, all three of my portfolios also finished the month higher than they started! đ
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Weekly Update for the week ending August 7, 2026
The AI Revolution: Understanding the Technology Behind the Investment Boom
Artificial intelligence (AI) may seem like software running in the cloud, but behind every AI-generated response is a vast physical infrastructure. From Nvidia’s powerful AI chips to advanced memory, high-speed networking, massive data centres, and enormous amounts of electricity, today’s AI systems depend on some of the most sophisticated technology ever built.
In Part 3 of The AI Revolution: Understanding the Technology Behind the Investment Boom, we explore the infrastructure that makes AI possible and explain why companies across multiple industriesânot just technology firmsâare benefiting from the AI revolution.
Weekly Update for the week ending July 3, 2026
AI Spending: When Hype Meets Reality
AI stocks have been back in focus, but not for the reasons that drove their earlier surge. After pushing to fresh highs, parts of the sector have started to cool as investors take a closer look at whatâs actually fuelling the rally beneath the surface. The story is shifting from pure excitement around artificial intelligence to something more grounded â the rising cost of building it.
What was once framed as a software-driven revolution is increasingly looking like an infrastructure buildout, with massive spending going into chips, data centres, networking, and energy systems. That shift is starting to raise new questions about funding, profitability, and how long this level of investment can realistically continue without more pressure on balance sheets.
This week I discuss whatâs driving the latest move in AI-linked stocks, why spending has become the central theme, and how that ripple effect is starting to show up across the broader market.
Weekly Update for the week ending June 12, 2026
Whatâs Priced In? Why Markets Donât React the Way You Expect
One of the biggest early lessons in investing is that markets donât react to headlinesâthey react to expectations. Understanding whatâs already âpriced inâ can completely change how you read market moves.
Monthly Portfolio Update April 2026
While March ended as one of the toughest months in years, April delivered a strong rebound. All four major indexes recovered sharply, erasing losses and posting one of their best monthly performances since the pandemic rebound in 2020.
Weekly Update for the week ending April 17, 2026
When I got back into investing, one of the most common terms I heard was valuation. I knew what value was â one always wants to get good value for their money, or not overpay for an item. But the term âvaluationâ seemed a bit different, although I could never quite put my finger on why it felt separate from simply âgetting good value for your money.â The difference, I eventually realized, is that in investing, price and value donât always move together â and that gap between the two is where a lot of opportunity (and risk) tends to show up. This week, Iâll break down what valuation actually means and why it matters when youâre trying to get good value for your money in the stock market.