Thursday Morning Radio Spot

North American stocks fell slightly at the start of trading today, after mixed data. There was a small improvement last week in the number of Americans filing for jobless claims and a slightly higher than expected PPI number which shows inflation at the manufacturing level. Both are still sluggish so keeping US investors tentative. In addition, FedEx reported strong earnings but delivered a quarterly forecast that was below expectations. In Canada markets are flat at this point held up by gold, gold nudged up to $1275 an ounce. Later today, all eyes will be on RIM. Short interest has climbed with their recent struggles to compete with Apple and after hours they come out with their numbers.

In terms of seasonal trading opportunities, based on a comparison of the Russell 2000 growth vs Russell 2000 value index, small cap growth stocks tend to outperform during the last 4 months of the year. To invest in stocks with growth potential call me 868-5525 or visit yourlifeyourplan.ca.