TopPicks from Ross Healy, chairman Strategic Analysis Corporation; portfolio manager, MacNicol & Associates
Ross Healy, chairman Strategic Analysis Corporation; portfolio manager, MacNicol & Associates Asset managementFirst and foremost, there is no point in pretending that the outlook right now is all sunshine and flowers.
When I look at the market today from the point of view of our own analysis, what I see is the powerful possibility of breakout on the upside, perhaps even to new highs for the S&P 500 . The S&P/TSX Composite Index itself may actually be breaking out as I speak today, in response to gold and oil prices and commodity prices in general. However, I want to see what the first quarter balance sheet changes will bring before I can be certain.
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