February 14, 2018

On Wednesday, the S&P 500 was up 1.3% and Toronto was up 0.7%.

Notable gainers included BHP Billinton, up 3.2% in New York. Costco up 1.7% and Visa up 2.0%. Amazon up 2.6% (And they said trees don’t grow to the sky).

Fortis was down 1.7% to $39.69. The recent decline in this stock is likely due to dividend stocks becoming less popular in the face of recent and anticipated interest rate increases. Given that I recently thought it looked good at $46 I will likely add to my position in this stock.