Will benefit when Honeywell spins off Quantinium this week.
He invests in a lot of real-estate-based funds. Lots of stress coming in development markets. Projects in Toronto have been shut down. Who can afford $1500/sq foot? At the high end, we're seeing it already.
The month began with mixed news from the Middle East after Iran ended peace talks and continued blocking the flow of oil, but later Trump announced that he was resuming these talks. Meanwhile, Nvidia CEO, Jensen Huang, announced that AI posed no threat to software companies. These two developments pulled American indices out of the red and into positive territory: the S&P up 0.26% and the Nasdaq 0.42%, both to record highs,and the Dow 0.09%.WTI spiked 5.7% to US$92.30 but was off the high of the day. Software surged across the board, including ServiceNow by 9.24% and Adobe 5.72%. However, Meta slid 5.07% and Ford skidded 4.64%. Once more, Nvidia was the most influential name, adding 6.26%. Bitcoin sank over US$2,000 to US$71,570. The U.S. 10-year yield remained at 4.453%.
Despite tech and energy surging, the TSX declined 34 points. Sectors were mixed with materials and financials faring the worst. Key names: Celestica soaring 10.36%, Parex Resources 10.27%, BlackBerry 8.74%, Thomson Reuters 8.63% and Equinox Gold -8.19%. Gold slipped US$57 to US$4,482 as silver declined 0.6% to US$74.70
💾 Servicenow (NOW) +9.24%
💾 Adobe Systems (ADBE) +5.72%
🕵️♀️ Meta Platforms, Inc. (META) -5.07%
🚘 Ford Motor (F) -4.64%
💾 NVIDIA Corporation (NVDA) +6.26%
🧬 Celestica Inc (CLS.TO) +10.36%
🛢 Parex Resources Inc. (PXT.TO) +10.27%
📱 BlackBerry (BB.TO) +8.74%
🖨 Thomson Reuters Corp (TRI.TO) +8.63%
🥇 Equinox Gold (EQX.TO) -8.19%
It's more about narrative and momentum that's driving share prices now, because there's much more algorithmic trading and more retail investors. So, market are growing more detached from fundamentals for longer. It's riskier, so pick your spots. Retails investors look at headlines, rather than ROI. Problem is, that creates bubbles.

Here are the Canadian companies listed on Stockchase who are reporting earnings this week: ⚡ Energy 👨⚕️ Healthcare 🛢Basic Materials 💻 Technology 🏛 Financials 🚚 Industrials 🛍 Consumer Use this list wisely to identify buying opportunities.Happy trading !!! read more
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