April 12, 2020

Markets were higher on Friday with the S&P 500 up 1.45% and Toronto up 1.7% capping a very strong week.

On Sunday evening oil prices are up moderately (to $24.27) as OPEC plus a few other countries that apparently have state-controlled oil production have agreed to a 9.7 million barrel per day production cut.

DOW futures are down 333 points. These days that constitutes a modest dip.

As most will have seen, I sent out an edition of our free newsletter today.

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