So how have the markets been?
Well, they were rising steadily for a few months, but since June 12 sentiment has shifted and stocks have been falling. Could this be the start of a long series of tests of previous levels? Maybe. Could this be the start of a test of the March 9 lows as some pundits are predicting? I seriously doubt it.
We will not be revisiting the levels we saw in early March. If we do, I will be buying.
Stocks I am currently watching include Caterpillar (CAT) for my wife's RRSP and Canadian Pacific Railway (CP) for our non-registered portfolio.