Equity markets continue rising The New York S&P TSX Composite index has had a strong run over the last 2 weeks. It has posted daily gains in nine of the last 10 trading sessions and has risen 6.5% over that time and is up 5.89% year-to-date. The TSX closed Friday at an all-time high of 18,460.21…. Read More
The Smof Investment Blog
Once in a very great while, there comes a year in the economy and the markets that serve as a tutorial in the principles of successful long-term, goal-focused investing. 2020 was such a year. On December 31, 2019, the Standard & Poor’s 500-Stock index closed at 3,230.78. This past New Year’s Eve, it closed at… Read More
20 Charts for 2021 We have turned the page on a difficult and turbulent 2020. However, there are signs that the current upward market trend can continue. Here are 20 of our favourite charts heading into 2021, organized into the following categories: -2020 Index Returns -Economy -COVID and Sector Returns -Market Analysis -Central Banks and… Read More
Now that we have flipped the calendar and the holidays are firmly in the rear-view mirror, it is almost time for our annual January e-newsletter. We are hard at work putting together the e-newsletter and are excited to present it to you. The e-newsletter will include a 2021 market outlook, our favourite 21 charts for… Read More
The S&P TSX Composite started 2021 by passing the 18,000 mark for the first time. For the week, the TSX closed at 18,042. The TSX appeared poised to hit 18,000 last February. On February 20, 2020, the TSX closed at an all-time high of 17,944. We all know what happened next. Since the market bottom… Read More
For investors, it was a November to remember. The Dow Jones Industrial Average (DJIA), closed November with an 11.8% gain. This was the best November result for the Dow Jones since 1928 and the best single month for the index since January 1987. The Dow Jones also closed above the 30,000-point barrier for the first… Read More