November 24, 2022 Newsletter

Dear Friends,

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

On Nov. 24, 1963, Jack Ruby shot and mortally wounded Lee Harvey Oswald, the accused assassin of President Kennedy. Go to article »

Who was Charlemagne, the Carolingian Emperor of Europe?
Charlemagne was a Middle Ages king who founded an empire and became the Father of Europe. Full Story: Live Science

Fluorescent flashes reveal the leaf-closing secrets of ‘touch-me-not’ plant
Flashy new videos of the plant shame plant (Mimosa pudica), which is renowned for its ability to rapidly fold up its leaves, reveal how chemical and electrical signals help to trigger its lightning reflexes. Full Story: Live Science
PHOTOS OF THE DAY

Peterborough, England
The Beginning, a spectacular son-et-lumière show by Luxmuralis, in the nave of the city’s cathedral. The show is based around the nativity story and timed to coincide with the start of the Advent season
Photograph: Joe Giddens/PA

Stag party
‘I saw this stag one October morning at Tatton Park near Manchester, with the rutting season well under way. It was feeding after a fight, which must have taken place through the night. The stag’s neck was injured and I could see traces of blood.’
Photograph: Kurt Mueller

Leishan county, China
Women from the Miao people, a minority ethnic group, take part in the Kuzang festival, an ancestor worship ceremony celebrated every 13 years and then held for four consecutive years
Photograph: AFP/Getty Images
Market Closes for November 24th, 2022

Market
Index
Close Change
Dow
Jones
Market Close N.A.
S&P 500 Market Close N.A.
NASDAQ  Market Close N.A.
TSX 20344.07 +61.81
+0.30%

International Markets

Market
Index
Close Change
NIKKEI 28383.09 +267.35
+0.95%
HANG
SENG
17660.90 +137.09
+0.78%
SENSEX 62272.68 +762.10
+1.24%
FTSE 100* 7466.60 +1.36
+0.02%

Bonds

Bonds % Yield Previous % Yield
CND.
10 Year Bond
2.934 2.970
CND.
30 Year
Bond
2.961 2.977
U.S.   
10 Year Bond
N.A. 3.6927
U.S.
30 Year Bond
N.A. 3.7276

Currencies

BOC Close Today Previous  
Canadian $ 0.7497 0.7490
US
$
1.3339 1.3351
 
Euro Rate
1 Euro=
Inverse
Canadian $ 1.3882 0.7204
US 
1.0408 0.9608

Commodities

Gold Close Previous
London Gold
Fix 
1740.15 1742.95
Oil    
WTI Crude Future  N.A. 77.84

Market Commentary:
The New York Stock Exchange, Nasdaq and U.S. bond markets are closed for the Thanksgiving holiday
Canada
By Bloomberg Automation
(Bloomberg) — The S&P/TSX Composite rose for the third day, climbing 0.3%, or 61.81 to 20,344.07 in Toronto. The index advanced to the highest closing level since June 9.
Nutrien Ltd. contributed the most to the index gain, increasing 2.0%. Corus Entertainment Inc. had the largest increase, rising 5.7%.
Today, 180 of 236 shares rose, while 53 fell; 9 of 11 sectors were higher, led by materials stocks.

Insights
* This year, the index fell 4.1%, heading for the worst year since 2018
* This month, the index rose 4.7%
* So far this week, the index rose 1.8%
* The index declined 5.6% in the past 52 weeks. The MSCI AC Americas Index lost 16% in the same period
* The S&P/TSX Composite is 8.4% below its 52-week high on April 5, 2022 and 13.8% above its low on Oct. 13, 2022
* The S&P/TSX Composite is up 2.3% in the past 5 days and rose 7.5% in the past 30 days
* S&P/TSX Composite is trading at a price-to-earnings ratio of 13.5 on a trailing basis and 12.8 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$3.23t
* 30-day price volatility fell to 15.39% compared with 16.42% in the previous session and the average of 20.76% over the past month
================================================================
|Index Points | |
Sector Name | Move | % Change | Adv/Dec
================================================================
Materials | 19.3094| 0.8| 39/11
Financials | 12.3821| 0.2| 21/7
Information Technology | 8.6433| 0.8| 12/2
Energy | 7.8197| 0.2| 33/5
Industrials | 4.6882| 0.2| 16/11
Communication Services | 4.3158| 0.4| 6/1
Real Estate | 3.6659| 0.7| 20/1
Consumer Discretionary | 1.5584| 0.2| 11/3
Health Care | 0.5138| 0.6| 5/2
Consumer Staples | -0.2522| 0.0| 6/5
Utilities | -0.8522| -0.1| 11/5
================================================================
| | |Volume VS |
| Index | | 20D AVG |YTD Change
Top Contributors |Points Move| % Change | (%) | (%)
================================================================
Nutrien | 7.8660| 2.0| -54.8| 14.6
Shopify | 7.0250| 1.8| -83.0| -71.3
Brookfield Asset | | | |
Management | 6.8830| 1.2| -65.5| -19.2
Fortis | -1.1860| -0.7| -55.4| -12.4
Bank of Montreal | -1.6250| -0.3| -66.7| -2.8
Canadian Pacific | -1.7290| -0.3| -80.5| 18.1

US
US Markets closed for Thanksgiving.
Have a wonderful evening everyone.

Be magnificent.
As ever,

Isabel

Success is achieved by developing our strength, not by eliminating our weaknesses.   – Marilyn Vos Savant, 1946 – present

Assistant to Carolann Steinhoff

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