Another frosty week has passed on the shore of Lake Superior in my hometown. We have hunkered down in our cosy house for the most part, and at least we have not been hit with further dumps of snow. Wendy continues to venture out from time to time for groceries, or to take care of further arrangements around her voluntary fiscal support of the Sounds of Superior Barbershop Chorus. It has been another challenging week in the markets as central banks have come in with their rate change proposals on Wednesday. So, investors made their guesses and tried to prepare for the details, and then when both BoC and the FED surprised them, they tried to examine the tea leaves to determine what they should do next! This led to continued volatility in the markets, and I am also trying to figure out what to do next. If you've read my investing story, you know my mantra, "Plan the trade; trade the plan." Loblaws provides an illustration of how that is "supposed" to work! As the years go by, I continue to make enhancements to the plan, and I am doing a better job of trading the plan.
As you can see in the chart, Loblaws came in last March as the crossover occurred (the green star). I was able to buy at $61.89. It topped out at year end at $105.15 for a gain of 69.9%. Of course, I did not know that was the top, but as it pulled back, it crossed over the buy/sell indicator (the red hexagon) and I sold at $98.15, for a gain of 58.6%. That is how my main plan works, but it doesn't often work so well! The pandemic continues to rage world-wide. Ontario is the best performing province as we have maintained restrictions, but we're still over 300 infections/million/day. Saskatchewan, refusing restrictions, is running over 1000 cases/million/day—sigh! In the world of sports, the Scotties has begun here, but they're playing it in the bubble, so I will be watching on TV. In hockey, the Oilers put together a couple more wins, and signed a free agent. They need a winning streak to get back in playoff contention, and they got another one tonight over the Habs! Leafs beat Detroit tonight, after Pens lost the Red Wings last night. #5-Jayhawks keep playing heart-aching games. They won earlier in the week in double overtime. Tonight, they got slaughtered by arch-rival Kentucky—ouch!
Erica writes, "We are back in the land of snow and sub zero temperatures, but I am so glad we had a warm holiday. I’m not really a big fan of hot, but it was very energizing to get some sun. We will have to go back. Also, I figured out if Eric and I can manage $50,000 between the two of us, we can live in an all inclusive resort year round! I wonder how that compares to retirement homes. On our return trip, Eric was randomly selected to be retested. They tested him in Calgary on Monday night, and he got his negative results on Wednesday morning. So we jumped through all the hoops. And while it may have been tiring mid-trip, we are glad for the security measures." |
| Eric scored a new coat! |
Kristian has begun semester finals; soon, it will be time for second semester. Saskatchewan is reconsidering how classes will run; we are left to find out what that means. Otherwise, winter has continued in Regina and they keep dealing with the snow and cold. Today, they enjoyed a visit to the cat cafe known as Excalipurr!
Travis and Joanna continue to catch up on December orders. They hope the relaxation of restrictions due next week will mean they can get back to the rinks for some more hockey team photos.
And that's it for this week.
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