Thursday Radio Spot
Rallying - In the US financials and technology stocks are gaining. US initial jobless claims came in better than expected. Gold is on the rise again. It's over $1360 an ounce and oil is over $84 a barrel. Alot of the movement in oil and gold is explained by weakness in the US dollar.
Reversing - Even with price of oil and gold moving higher commodities are declining offsetting gains in financials and technology stocks. US markets are flat. In Canada, The TSX is down over 1/2% at this point.
Trading opportunity - September became the busiest month of the year for US corporate bond new issues. With yields so low on government bonds, investment grade corporate bonds may be an alternative to enhance yields. Scotia Capital has a large inventory of corporate bonds, including high yield and maple bonds with attractive yields. If you have any questions call me at 868-5525 or visit yourlifeyourplan.ca.
Reversing - Even with price of oil and gold moving higher commodities are declining offsetting gains in financials and technology stocks. US markets are flat. In Canada, The TSX is down over 1/2% at this point.
Trading opportunity - September became the busiest month of the year for US corporate bond new issues. With yields so low on government bonds, investment grade corporate bonds may be an alternative to enhance yields. Scotia Capital has a large inventory of corporate bonds, including high yield and maple bonds with attractive yields. If you have any questions call me at 868-5525 or visit yourlifeyourplan.ca.
posted by David Allard at
8:46 AM
0 Comments:
Post a Comment
<< Home