Blog Tools
Edit your Blog
Build a Blog
RSS Feed
View Profile
« April 2009 »
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
You are not logged in. Log in
Entries by Topic
All topics  «
Interesting People On The Internet
Gene Roddenberry Remembered
My Blog Directory

My Zimbio
Top Stories

Globe of Blogs

David Barron

Create Your Badge

The Barron Blog
Thursday, 30 April 2009
North American Stock Markets Have Hit Bottom And....

They've started to climb again. Over the last two months, the TSX (Toronto Exchange) is up 25% from its bottom in eary March.

From my investments in "The Royal Bank of Canada" and "Mercator Minerals", I made a $400 profit in a month. True, that isn't much, but I didn't have much to invest.

A few weeks ago, I took my profits because I expected a market correction after the run up. That didn't happen.

It appears that the markets may go sideways (no gain or loss) for the next few months.

A leading indicator that things have turned around is the price of copper which is up quite a bit from its lows during the winter.

Even if stocks don't take off over the next few months, Canadian banks are still a good buy as well as Canadian mining companies like Mercator Minerals. It is listed as a strong buy in the Globe and Mail.


Posted by qualteam at 10:53 PM EDT
Updated: Thursday, 30 April 2009 11:23 PM EDT

View Latest Entries

Add to Technorati Favorites

Add Your Blog Blog Topsites
Promote Your Blog
Free Blog Directory

St Johns