On Friday, the S&P 500 was down 0.9% while Toronto was up 0.5%.
Enbridge which I just updated was up 2.8%.
American Express was up a hefty 6.3% after releasing Q1 earnings. It just over 10 years sicne U added it to this site and it’s up 166% since then. Not earth shattering by any means but a great return and that’s not counting the dividends. Looking back I see it fell pretty hard for most of the first two years after it was added here. There was a nice bottom in early 2016 and of course it dipped in with the COVID market panic in the Spring of 2020. So a bumpy but ultimately nice ride.
I notice Statistics Canada reported investment in building construction. For Canada they headline that February was down slightly from January and digging into the tables I see Canada was down modestly versus February last year.
I focus on year-over-year and I focus on Alberta because of my Melcor investment. Alberta was up bigly (25%) versus February last year and was down modestly versus January. Alberta is doing well. Actually it’s busting at the seams in many ways.