Todays Investment Advice on the Radio

The Canadian dollar is trading above par again and markets are showing me the green. Stronger-than-expected earnings results and retail sales data in the U.S. is giving the markets a lift.
In addition, Ben Bernanke spoke this morning. Although he made no reference to interest rate direction in the near term he did caution on barriers to further growth.
Todays market reaction supports the theory that investors as a group tend to focus on either economic issues or earnings reports. Kinda like you can't have more than one thought in your head at a time. Brooke Thakray did some research on this and concluded that there is a cycle established. Investors focus on earnings at the start of quarterly earnings season and then turn their focus to economic numbers for the rest of the time. His study suggests that April is the 3rd best month for the markets and most gains for April have come in the first 18 days. For more on investment management visit our blog @ yourlifeyourplan.ca.