March 16, 2015

Greetings from Puerto Vallarta (which in on the West coast of Mexico south of the baha peninsula).

On Monday, the S&P 500 was up 1.3% and Toronto was up 0.9%.

Most stocks were up today. Notably, Melcor was up 4.0% and this despite oil being down 2%.

The report for Costco is updated and rated Weak Sell at $149.56. Costco is a fantastic company but seems quite expensive. It might be okay to hold it but if I held it I would sell it or at least reduce my position. But I would hope to buy in latter at a better price.

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