July 4, 2022 Newsletter

Dear Friends,

Tangents:
Carolann is away from the office today, I will be writing the newsletter on her behalf.

PHOTOS OF THE DAY

A rescue helicopter flies over the glacier that collapsed on Marmolada a day after a record-high temperature of 10C was recorded at the glacier’s summit. Rescuers resumed the search for survivors on Monday after an avalanche set off by the collapse of the glacier, the largest in the Italian Alps, killed at least six people and injured eight others
CREDIT: Pierre Teyssot/AFP/Getty Images

Yeoman warders walk through the Superbloom installation at the Tower of London
CREDIT: Tom Nicholson/Reuters

Models present creations by the Dutch fashion designer Iris van Herpen during fashion week
CREDIT: Christophe Archambault/AFP/Getty Images
Market Closes for July 4^th, 2022

International Markets

Bonds

Currencies

Commodities

Market Commentary:
On this day in 1791, the first daily securities auction was reported in New York City, as John Pintard and A.L. Bleecker & Sons advertised a “Sale of Public Securities at Auction, This evening at the Coffee House Long Room at VII O’Clock.”
Canada
(Bloomberg) — The S&P/TSX Composite rose 0.9% at 19,028.86 in Toronto. The move follows the previous session’s decrease of 1.1%. Canadian Natural Resources Ltd. contributed the most to the index gain, increasing 3.9%. Vermilion Energy Inc. had the largest increase, rising 8.7%. Today, 179 of 238 shares rose, while 54 fell; all sectors were higher, led by energy stocks. Terminal users can read more in our markets live blog.
Insights
* The index declined 5.6% in the past 52 weeks. The MSCI AC Americas Index lost 14% in the same period
* The S&P/TSX Composite is 14.3% below its 52-week high on April 5, 2022 and 2% above its low on June 23, 2022
* The S&P/TSX Composite is little changed in the past 5 days and fell 8.1% in the past 30 days
* S&P/TSX Composite is trading at a price-to-earnings ratio of 14.8 on a trailing basis and 11.5 times estimated earnings of its members for the coming year
* The index’s dividend yield is 3.1% on a trailing 12-month basis
* S&P/TSX Composite’s members have a total market capitalization of C$3.02t
* 30-day price volatility rose to 19.56% compared with 19.29% in the previous session and the average of 20.04% over the past month
================================================================
| Index Points | |
Sector Name | Move | % Change | Adv/Dec
================================================================
* Energy | 59.5142| 1.7| 37/1
* Materials | 46.8953| 2.1| 41/10
* Industrials | 20.7882| 0.9| 19/7
* Financials | 14.0644| 0.2| 21/8
* Consumer Staples | 12.1053| 1.6| 8/2
* Consumer Discretionary | 6.2313| 1.0| 9/4
* Utilities | 2.1804| 0.2| 11/5
* Communication Services | 2.1509| 0.2| 6/1
* Real Estate | 1.7199| 0.3| 16/6
* Information Technology | 1.6863| 0.2| 7/7
* Health Care | 0.1439| 0.2| 4/3
================================================================
| | |Volume VS| YTD
|Index Points | | 20D AVG | Change
Top Contributors | Move | % Change | (%) | (%)
================================================================
* Canadian Natural | | | |
* Resources | 21.3200| 3.9| -67.9| 34.4
* Canadian Pacific | 12.8800| 2.2| -72.2| 1.0
* Barrick Gold | 12.0200| 4.3| -59.0| -1.3
* Brookfield Asset | | | |
* Management | -2.5170| -0.4| -68.6| -25.4
* Teck Resources | -3.3270| -2.6| -52.8| 6.2
* TD Bank | -4.6380| -0.4| 28.9| -13.3

US
US market closed for 4^th of July

​​​​​​​Have a lovely evening.

-Jordan Templeman
Assistant to Carolann Steinhoff

“There are always flowers for those who want to see them” – Henri Matisse

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