Tuesday, February 24, 2009
Canadian Bank Stocks
With stocks such as TD-T trading at lows, I have been steadily adding Cdn bank stocks to my portfolio.
Cheers Team.
Friday, February 20, 2009
Damage Control Before Burnout - Stress Relax Serenity Formula
This formula includes Sensoril, a patented proprietary extract derived from freshly harvested roots and leaves of the botanical ashwagandha (Withania somnifera), historically known for its anti-stress properties, actually "shutting off" the stress response and shielding against further increased cortisol production. Sensoril helps the body normalize circulating hormones. In a double blind, placebo controlled human clinical trial, Sensoril reduced serum cortisol,a fight or flight hormone, by 26%.
The unique combination of superior adaptogens and antioxidants in Stress Relax Serenity Formula can give you a head start towards emotional well-being. This formula is ideal for anyone coping with nervous exhaustion; providing damage control that gradually and progressively brings the stress hormones back into balance, putting you back on the road to physical, mental and emotional health.
Forex watch
On Thursday, the Canadian Dollar rallied as much as 1% against the USD but failed to hold gains finishing a touch lower as North American equities eased from early level rallies. As US President Obama’s visit to
CAD opened up slightly lower ahead of US Inflation numbers which will be released at 8:30am EST while the Canadian inflation number came in softer than expected in January taking the annual inflation rate to 1.1% from 1.2%. With the lower than expected CPI numbers the Bank is likely to deliver just one more 50 bps rate cut to leave the overnight rate at 0.5% at the March meeting. The impact of that data today will likely be muted as the market focuses on the global economic outlook and equities.
As today’s economic data will probably be overshadowed by the market’s negative appetite towards risk, we look to trade range bound for the remainder of the day. Flows, risk appetite and equities continue to be very important for short-term direction and the strategy should remain the same and utilizing orders to capitalize on short-lived market movements.