November 6, 2016

On Friday, the S&P 500 was down 0.2% and Toronto was down 0.5%.

Stantec was down 3.7% to $29.09 ahead of its Q3 earnings. It may face some unusual costs in relation to recent large acquisitions. But I believe it will be a good investment at this price.

Costco was down 1.5% to $142.24. I would consider buying a small amount at this price. It’s still not cheap but it rarely ever gets cheap.

The Canadian employment survey was released and was relatively positive.

The FBI today signaled that its new investigation into Clinton’s emails will not result in charges. This could be enough to push momentum back to the Clinton camp. This should also be positive for stocks on Monday.

 

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