Investments

P.M. market numbers: September 2, 2009

The Toronto stock market closed positive after two days of triple digit slides thanks in large part to surging gold stocks. But sentiment was generally weak in the wake of disappointing jobs and factory orders data from the U.S. The S&P/TSX composite index added 11.54 points to 10,701.32 as the gold sector jumped 10%. The […]

By Staff |September 2, 2009

2 min read

Investors need both a belt and suspenders

There’s not much new in the world of asset allocation despite the drubbing portfolios sustained last year. Many of the best and the brightest minds, and the most researched and supported techniques, failed to save Humpty Dumpty from shattering on impact. To be sure, diversification never seems to work when fear and flight take control […]

By Mark Yamada |September 1, 2009

5 min read

A.M. market numbers: September 01, 2009

North American markets were likely headed for a lower opening Tuesday ahead of key U.S. data coming out later in the morning that could provide a clue to the strength of an economic recovery. In New York, the Dow Jones industrial futures were down 52 points to 9,434, the Nasdaq futures fell 6.5 points to […]

By Staff |September 1, 2009

3 min read

P.M. market numbers: September 1, 2009

The Toronto stock market tumbled Tuesday for a second straight session even as data showed a reviving manufacturing sector in the United States and China. The S&P/TSX composite index fell 178.43 points to 10,689.78 as the Institute for Supply Management reported that its U.S. manufacturing index rose to 52.9 in August from 48.9 in July. […]

By Staff |September 1, 2009

2 min read