September 10, 2015

Thursday saw the S&P 500 up 0.5% and Toronto up 0.3%.

Bombardier was up 29% as it showed off its new plane in Toronto. This stock is on something of a knife edge. It’s been like a plane in  nosedive. It could crash or it could truly pull out of the dive perhaps with government help. I would not read too much into this stock move.

Dollarama rose 6.7% after another stellar earnings report. The stock always looks expensive. I have mentioned before that it is one of Canada’s best-managed companies. I plan to update the report for this stock soon.