Schneider & Pollock Wealth Management Inc.
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schneiderpollock.bsky.social
Schneider & Pollock Wealth Management Inc.
@schneiderpollock.bsky.social
19 followers 12 following 110 posts
Based in Toronto, http://SchneiderPollock.com is a discretionary portfolio manager. Posts are not investment advice.
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Congrats to the @bluejays.com for winning the AL East Division! First time in a decade. #BlueJays #Postseason
So much for the "September Effect". Even though its historically the worst month, the TSX is up 4.2% so far.
It's estimated that if the Supreme Court deems the tariffs illegal, the U.S. will owe $1T in refunds. #SCOTUS #TradeWar #TrumpTariffs
U.S. stocks are having their toughest year against the rest of the world since 2009. #stocks #investing #finance #USEquities
📈 When 61% of stocks are trading above their 200-day moving average, it's considered a sign of internal market strength. This indicator, known as market breadth, suggests that a majority of stocks are in a long-term uptrend, which is generally a bullish signal for the overall market.
Noteworthy that the Trump administration's dismissal attempt of Fed Governor Lisa Cook is over a mortgage application she submitted in 2021—well before her May 2022 confirmation as a Federal Reserve Governor. #FedIndependence #LisaCook #MortgageAllegations
The week before Covid hit, Cineplex traded at $20.41. Today it’s $11.42. An activist investor is pushing for “asset sales” — but for a business that never recovered from Covid, what counts as an asset may be in the eye of the beholder.
Canada just announced it’s dropping many of its retaliatory tariffs on U.S. goods. Autos, steel & aluminum remain, but with ~$21B in duties lifted, this feels like a goodwill move. Could this be the prelude to a broader U.S.–Canada trade deal?
This year, the U.S. healthcare sector has seriously lagged the S&P 500. It's the worst performing sector.

But with Trump now backing off the threat of 250% pharma tariffs and capping that at 15% on August 22, this could be the much-needed catalyst to turn things around.
Canadian exports to the U.S. that are compliant with USMCA are now at 81%, up from 56% in May. A lot of Canadian firms just needed to complete the paperwork. #CUSMA #Trade #Canada #US #SupplyChain
$TGT shares are down 10% in pre-market trading. The drop comes after the company reported Q2 earnings, with comparable store sales falling 3.2% as shoppers pull back on discretionary spending. #TGT #StockMarket #Earnings
$SHOP briefly overtook $RY as Canada’s largest company this month, but it didn’t last long.

History seems to repeat itself whenever this happens: BlackBerry, Nortel, Encana also briefly became the largest TSX company, albeit briefly..

#Shopify #RY #MarketCap #CanadaStocks
$UNH buys as disclosed in 13Fs this week

Berkshire Hathaway: $1.6B (~5M shares)
Appaloosa (Tepper): 2.45M shares ($764M)
Renaissance Technologies: $422M new position
Dodge & Cox: +4.73M shares
Davis Selected Advisers: +1.08M shares

#UNH #Healthcare #13F #Berkshire #Investing #Stocks
The S&P 500's 5-day post-Jackson Hole return has been +0.48% on average from 2009-2024. The only negative returns were in 2011, 2015, 2018, 2022. #JacksonHole #SP500 #MarketTrends #FedPolicy #InvestingInsights