Wells Fargo is updated and remains rated (lower) strong Buy now at $44.45. It seems to be a very well run company. It should continue to do well over the years. From time to time it will likely have a bad quarter or year simply due volatility in certain gains and losses. It is my fourth largest position. I lament somewhat that I did not leave it as my largest position but instead I sold a considerable amount of shares as it rose, to be prudent. In reality that was probably a very good decision (given the facts and risks) even though in hindsight it would have been better to keep all the shares.
The S&P 500 was up 0.2% of Friday (to another record closing high) and Toronto up 0.4%.
For our stock picks, overall on average there was not much change but we did have Stantec down 2.2% and Microsoft was down 11.4%.