On Thursday, the S&P 500 was down 0.5% and Toronto was down 0.5%.
Melcor fell 2.5% to $17.40 which is no surprise really given the drop in oil prices and announced layoffs in Alberta. Couche-Tard was down 2.7%. Element Financial was up .5%.
Canadian National Railway Company is updated and rated (lower) Buy at $87.11. This is a company with wonderful economics and excellent management. However the price is probably fair but not compelling. It could report quite good results in the first three quarters of 2015 due to the lower Canadian dollar and lower oil prices. After that I would not expect growth above 10% to continue and there could be some weak quarters certainly.
I am not sure I will buy any but it is worth considering.