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Showing posts from December, 2017
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A few thoughts as we close 2017 The markets have continued to trend higher with Dow flirting with 25,000. Investors who were fully invested in the market have had a very good run in 2017...  Stock indices had one of the best runs   Nasdaq Composite: +29.1% YTD Dow Jones Industrial Average: +25.6% S&P 500: +20.0% YTD S&P Midcap 400 Index: +15.1% Russell 2000: +14.1% (courtesy BMO investorline) As far I see, most good news have been baked into the market price such as Tax reform, interest rate increase, monetary policy revamp etc.. Unemployment both in Canada and in US is very low compared to a few years earlier..All that is now left is the fundamentals of individual companies.    The market pundits are constantly warning that we have had a long bull run and the market is ready for correct in 2018...We need to think a bit different in the coming year and ensure that our gains are protected...  Some actions you may wa...