Investment Advice on the Radio

Markets are bouncing back with green this morning. We had a late day rally yesturday that reversed most of the early morning drop. That's a short term positive for the markets. Consequently risk sentiment is improving. The TSX is up on commodities and bank results from BMO. BMO's 1/4 ly profit apparently doubled. Oil jumped 3% this morning and the Canadian dollar is over 94 cents. In the US, markets are rising on positive data. Durable goods and sales of new homes rose in April. European and Asian markets are catching the drift from positive signs of recovery in the US.

Building on yesturday's perspective from Warren Buffet, the view that a companies true value doesn't change much in the short term. With this volatility, active investors need to be nimble in trading overbought and oversold conditions. Also understand what true value is in the companies they own. For more on investing visit yourlifeyourplan.ca.