About Us
Contact Us
Tax Tips
Daily Report
Managers View
Tony's View "From Down Under"
Client Access
Links

Five Year Market History Trends
(Click for Graph)



Daily Report - News

The S&P/TSX composite index ended up 187 points on Tuesday, as investors snapped up financial and mining shares while energy stocks lost momentum as the price of oil fell below $49 a barrel.

Gold stocks were also higher -- up 1.93 percent. COMEX gold for February delivery rose 70 cents to $859.50 US an ounce.

Meanwhile -- the S&P/TSX Venture was up 39 points and NASDAQ Canada stocks were up 29 points.

The Canadian dollar, meanwhile, was up 0.52 cent to 84.55 cents US after higher oil helped boost the loonie up about one and three-quarters cents Monday.

The Dow Jones Industrial Average added 62 points, the S&P 500 was up 7 points, and the Nasdaq Composite was up 24 points.

Crude oil has surged 25 per cent in the past week amid signs OPEC is implementing production cuts and Israel's offensive in Gaza keeps tensions high in the Middle East. The February crude contract on the New York Mercantile Exchange backed off after rising as high as US$50.47 and closed down 23 cents at US$48.58.

The opinions and analysis above is for use as background information. This discussion alone is not sufficient and should not be used for the development or implementation of a financial strategy. This information should not be relied upon as a substitute for consultation with a financial or tax advisor.


Daily Report - Editorial

Simple steps to protect yourself from identity theft or if nothing else, better the odds in your favor.

1. Destroy private records and statements.

2. Secure your mail and your mailbox.

3. Safeguard your Social Security number - never carry it with you.

4. Never leave ATM, credit card or gas station receipts behind.

5. Never let your credit card out of your sight.

6. Know who you're dealing with and call to verify why they need information.

7. Be more defensive with personal information and ask what they do with it.

8. Monitor your credit report.

9. Review your credit card statements carefully.

The opinions and analysis above is for use as background information. This discussion alone is not sufficient and should not be used for the development or implementation of a financial strategy. This information should not be relied upon as a substitute for consultation with a financial or tax advisor.