June 7, 2017

Wednesday’s action saw the S&P 500 up 0.2% but Toronto down 0.6%.

Our one penny stock, Ceapro was down 5.6%. Unless earnings turn higher in Q2 this stock could certainly go down a lot more unless earnings from existing products recover or there are positive developments from its research efforts. It’s more suitable for a bit of “mad money” than for any kind of serious investment.

CRH Medical was down 2.5%. It got some negative attention from certain analysts but I don’t think it is a particularly risky investment. I added to my position today. But I would not be prepared to make this one of my larger investments at all.

The madness that surrounds the presidency of Donald Trump continues. It’s not clear when or if the market is going to get spooked by any of it.