April 6, 2017

On Thursday, the S&P 500 rose 0.2% and Toronto was up 0.3%.

Costco was up 1.8% after reporting relatively strong same-store sales growth in March.

Futures markets for the S&P 500 and DOW are down only modestly on the news of the U.S. attack on the Syrian air base. Oil is up.

Ceapro released earnings today. At first the stock rose as the press release only talked about the full year numbers which were positive and failed to mention that Q4 was a negative quarter in many ways. I fail to understand how any company can, in good conscience, put out a press release like that touting the positive full year numbers while failing to even mention the weak Q4 numbers. The stock ended the day down 7.6% which may have been caused when investors had a chance to see in the full report that Q4 was quite weak. I plan to update the reports for CRH Medial and for Ceapro in the next few days.

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