January 21, 2019 Newsletter
Dear Friends,
Tangents: Full Moon tonight!
Wasn’t that eclipse last night amazing?
On Jan. 21, 1976, the supersonic Concorde jet was put into service by Britain and France. Go to article »
PHOTOS OF THE DAY
The Wolf Moon rises over Ely Cathedral, Cambridgeshire. Credit: Charlotte Graham for The Telegraph
A ‘Tamborillero’ wearing his uniforms marches in the traditional ‘La Tamborrada’, during ‘El Dia Grande’, the main day of San Sebastian feasts, in the Basque city of San Sebastian, northern Spain. Credit: Alvaro Barrientos/AP
A Plumbeous Water Redstart lands on a branch in zhengzhou city, Henan province of China. Credit: Costfoto/Barcroft Images
Market Closes for January 21st, 2019
| Market
Index |
Close | Change |
| Dow
Jones |
24706.35 | Closed
|
| S&P 500 | 2663.44 | Closed
|
| NASDAQ | 7157.227 | Closed
|
| TSX | 15354.16 | +50.33
|
| +0.33% |
International Markets
| Market
Index |
Close | Change |
| NIKKEI | 20719.33 | +53.26 |
| +0.26% | ||
| HANG
SENG |
27196.54 | +105.73 |
| +0.39% | ||
| SENSEX | 36578.96 | +192.35 |
| +0.53% | ||
| FTSE 100* | 6970.59 | -4.74 |
| -0.07% |
Bonds
| Bonds | % Yield | Previous % Yield | |||
| CND.
10 Year Bond |
2.017 | 2.035 | |||
| CND.
30 Year Bond |
2.237 | 2.257 | |||
| U.S.
10 Year Bond |
2.7842 | 2.7824 | |||
| U.S.
30 Year Bond |
3.0974 | 3.0950 |
Currencies
| BOC Close | Today | Previous |
| Canadian $ | 0.75202 | 0.75330 |
| US
$ |
1.32975 | 1.32749 |
| Euro Rate
1 Euro= |
Inverse | |
| Canadian $ | 1.51193 | 0.66141 |
| US
$ |
1.13700 | 0.87953 |
Commodities
| Gold | Close | Previous |
| London Gold
Fix |
1284.20 | 1290.70 |
| Oil | ||
| WTI Crude Future | 53.80 | 53.80 |
Market Commentary:
Canada
By Kristine Owram
(Bloomberg) — Canadian stocks extended their winning streak to 12 days, the longest such stretch in five years, after spending much of the day in negative territory.
The S&P/TSX Composite Index added 0.3 percent to 15,354.16, the highest close since early November. Trading volume was nearly two-thirds below average as U.S. markets were closed for a holiday.
Industrials led the gains, up 0.9 percent, followed by materials, which reversed an earlier decline to add 0.6 percent.
Pot stocks also climbed, with Aphria Inc. up 12 percent, the biggest gainer on the benchmark.
In other moves:
Stocks
* Dollarama Inc. added 1 percent. The retailer has launched its first online store, which sells about 1,000 items in bulk
* ZCL Composites Inc. jumped 36 percent, the most since 2004, while ShawCor Ltd. slipped 1.8 percent. ShawCor is buying ZCL for C$308 million in cash
* Village Farms International Inc. gained 21 percent, the most since June, after the produce and cannabis company filed to list its shares on the Nasdaq
Commodities
* Gold for immediate delivery fell 0.2 percent to $1,279.60 an ounce
FX/Bonds
* The Canadian dollar weakened 0.2 percent to C$1.3298 per U.S. dollar
* The Canada 10-year government bond yield fell 2 basis points to 2.02 percent
US
Martin Luther King Jr. Day – US markets closed.
Have a great evening.
Be magnificent!
As ever,
Carolann
The time is always right to do what is right.
-Rev Dr Martin Luther King Jr, 1929-1968
Carolann Steinhoff, B.Sc., CFP®, CIM, CIWM
Senior Investment Advisor
Queensbury Securities Inc.,
St. Andrew’s Square,
Suite 340A, 730 View St.,
Victoria, B.C. V8W 3Y7
Tel: 778.430.5808
(C): 250.881.0801
Toll Free: 1.877.430.5895
Fax: 778.430.5828
www.carolannsteinhoff.com