March 28, 2009
The recent rally on Wall St. and globally may be a glimpse of investor confidence showing through and causing the markets to finally show some resiliency. Is the rally sustainable? Who knows, but consumers have begun spending again and some sectors of the market place are showing signs of recovery. This could lead one to believe economic conditions generally may be about to stabilize and move forward finally.
Whether this upbeat trend will continue short term/longer term could be determined when economic data and earnings reports become available. Most would probably agree market conditions will fluctuate and remain vulnerable during this financial recovery period.
| Weekly Market Wrap Up |
| MARKETS | This Week | 1 Week Ago | 1 Month Ago |
| Dow Jones | 7776.18 | 7278.38 | 7062.93 |
| TSX | 8821.06 | 8506.35 | 8123.02 |
| Nasdaq | 1545.20 | 1457.27 | 1377.84 |
| Venture | 961.02 | 901.80 | 861.66 |
| S&P | 851.94 | 768.54 | 735.09 |
| METALS | This Week | 1 Week Ago | 1 Month Ago |
| Gold | $923.20 | $956.20 | $942.50 |
| Silver | $13.26 | $13.82 | $13.09 |
| Platinum | $1,128.00 | $1114.20 | $1085.30 |
| Palladium | $223.60 | $210.85 | $195.70 |
| Oil & Gas | This Week | 1 Week Ago | 1 Month Ago |
| Oil | $52.38 | $52.07 | $44.76 |
| Nat Gas | $3.63 | $4.31 | $4.20 |
Best Performance Mutual Funds:
1 month: Greater China Equity Funds
1 month: Financial Services Equity Funds
3 month: Precious Metals Equity Funds
Worst Performance Mutual Funds:
1 month: N/A to report
3 month: Real Estate Equity Funds
Personal Portfolio Holdings:
50 percent: Creststreet Alternative Energy (chart)
25 percent: Dynamic Precious Metals (chart)
25 percent: Money Market and Cash
May ask my financial advisor to make a few changes in the coming weeks. Precious Metals funds have been doing too well in the last few months and may not be sustainable, while Creststreet Alternative Energy still looks good. I have also been waiting for China and natural resources funds to start heading back to respectability.
Keep checking this site for updates. Always look for more informantion regarding mutual funds, as investment knowledge is key..
Doug T…….The fund guy
