May 25, 2016

Wednesday was a positive day in the markets with the S&P 500 and Toronto each up 0.7%.

Wells Fargo was up 2.6% after holding an investor day. The presentations are available here. When I looked briefly through the CFO’s presentation I was struck once again by how these people are “on their game”. They know their own numbers and they know the competitors numbers and where they stand – which is basically at the head of the class. In my experience, certainly not every company is on its game.

Oil is currently at $49.62 which is certainly an encouraging sign for many Alberta companies.

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