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Friday, March 13, 2026

On the TSX, the star of the moment is Canadian Natural Resources Limited (CNQ)!

I watch the TSX every single business day. I rarely miss the opening, which is always the most exciting part of the day. During the day, I also keep a close eye on the TSX whenever I have a chance.

The TSX closed today’s session at 32,541.93, down 298.67 points (-0.91%). If we take the past year into consideration, we are not doing so badly at 32,500 points. And that is something quite important to remember: where we came from and where we are going.


This TSX chart is a clear reminder of the past year and shows just how well things have been for Canadians. It is something truly important to keep in mind while facing the volatility of the past couple of days. We are experiencing a decline because of the war in the Middle East. At the moment, it is difficult to see where things are headed, but they will not last like this forever. In his arrogance, I think Donald Trump totally misjudged what he was getting into when he decided to follow Israel in this war with Iran. Are we giving extremists any meaningful reason to end this war? At this point, with their supreme leader dead, they may feel they have nothing to lose. I do not think Iran’s leadership has the interests of its people at heart. I feel they are willing to sacrifice their whole country if they have to, and that they will not back down easily. But I sincerely hope that I am wrong.

My stock portfolio gained +0.189% today. That is because I am heavily invested in the oil sector, especially in my non-registered portfolio. This strong weighting is clearly working in my favor these days, but that has not always been the case. 

My top two biggest holders inside my non-registered are Pembina Pipeline Corporation (PPL) and Enbridge Inc. (ENB). I have to thanks Derek Foster for those two. 

Many years ago, both PPL and ENB were .UN investments. I had been holding to those stocks for a very long time and I always been on a DRIP on them. Over the years, I made some valuable cash on those two, while the dividend reinvested by itself. PPL closed the session at $61.28 per share, which is not far behind of it's higher value ever of $61.81, which was achieve earlier this year. ENB is also in super great shape, closed the session on a $74.28. ENB highest value was also reached a bit earlier this past year, a $74.42 value per share.

My superb non-registered portfolio closed today’s session at $183,207.39, my U.S. portfolio at US$5,637.63, my TFSA portfolio at $161,868.01, and my stocks-only RRSP portfolio at $102,036.33. I estimate my net worth to be around $558,000, which represents a decline of more than $9,800 compared with my highest net worth of $567,908.41, reached just a One oil stock that is getting a lot of attention right now is Canadian Natural Resources Limited (CNQ), which closed today’s session at $66.51. CNQ is one of Eric Nuttall’s favorite stocks. He is a Partner and Senior Portfolio Manager with Ninepoint Partners LP. And it is starting to look like one of my favorite stocks as well!

In the past couple days, I invested again in TD Cash Management ETF (TCSH) and Harvest CNQ Enhanced High Income Shares ETF (CNQE) inside my TFSA portfolio. The TCSH is the perfect investment to park money in while figuring out what to invest in or just to hold to a more secure investment inside your portfolio, and still collecting some dividend income. 

Back on March 5, CNQ announced a dividend increase of 6.4%. At $66.51, CNQ is not trading cheaply, but I still think it is worth the investment. If you want exposure to CNQ but would prefer a lower share price, the Harvest CNQ Enhanced High Income Shares ETF (CNQE) could be the solution. CNQE closed the session at $18.78 per share, which is still very affordable. CNQE offers direct exposure to CNQ, but at a lower price... and with a higher yield. That’s right. It almost seems too good to be true, but it is true.

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