As November came to a close, the good times continued in the markets.
The S&P 500 was up 0.8% and the DOW surged 1.4% and Toronto was up 0.6%.
This came as it appears more certain that the Senate will pass the corporate income tax reduction bill in the U.S.
CN Rail was up 2.6%
Canadian Western Bank was up 2.3%.
Even Melcor came to life and rose 3.4%.
FedEx was up 2.4%.
Costco rose a hefty 3.9% after reporting blow-out same-store sales growth for November.
AutoCanada was up 4.0%.
Dollarama was down 2.1%.
Perhaps I am being too cautious, but for my own situation I am inclined to continue to think about trimming some positions. I’m up 20% on a small Costco position as well as 20% on a small American Express position both in a registered account. I may sell half of each.