• Best Performance Sectors/Mutual Funds:
1 month: Japanese Equity Funds
1 month: Health Care Equity Funds
1 month: Greater China Equity Funds
3 month: Global Sm/Mid Cap Equity Funds
3 month: Greater China Equity Funds
• Personal Portfolio Holdings:
35 percent Renaissance China Plus
25 percent Templeton BRIC Corp Class $US
20 percent Mavrix Explorer
10 percent Dynamic Far East Value
10 percent Brandes Emerging Markets
Assuming market strength continues, no changes are planned in my portfolio holdings at this time. However, if current economic conditions waiver and a downward trend is indicated, I am prepared to make necessary changes to my fund holdings as required. This information will be passed on to those that faithfully monitor this web page, so they also can make adjustments in their portfolio holdings if desired.
| Weekly Market Wrap Up |
| MARKETS | This Week | 1 Week Ago | 1 Month Ago |
| Dow Jones | 8280.74 | 8438.39 | 8763.13 |
| TSX | 10283.10 | 10389.76 | 10569.29 |
| Nasdaq | 1796.52 | 1838.22 | 1849.42 |
| Venture | 1092.96 | 1111.56 | 1137.99 |
| S&P | 896.43 | 918.90 | 940.09 |
| METALS | This Week | 1 Week Ago | 1 Month Ago |
| Gold | $932.50 | $939.20 | $962.60 |
| Silver | $13.40 | $14.13 | $15.39 |
| Platinum | $1191.70 | $1203.00 | $1286.20 |
| Palladium | $249.50 | $247.20 | $259.80 |
| Oil & Gas | This Week | 1 Week Ago | 1 Month Ago |
| Oil | $66.61 | $69.44 | $69.35 |
| Nat Gas | $3.60 | $3.98 | $3.87 |
As reflected in numbers presented above, North American markets have trended downward significantly from last week and especially from one month ago. Precious metal prices and energy show lower price levels as well. This scenario could very well be due to National holidays and summer vacation schedules or may be the beginning of a general correction process due to the higher than normal rise in values recently in each category mentioned.
At present my personal charts don’t indicate any severe or prolonged downturn in the markets, but this of course could change in the coming weeks/months. This information will certainly be passed on.
