Markets were modestly higher today.
The strongest performers included Bank of America up 5.7%, Walgreen up 3.8% and Stantec up 1.8%. On the other hand Toll Brothers was down 3.9%.
I noticed that Canadian Pacific did not release any estimate of its “charge” for all the layoffs. It will be a big number but perhaps the market has already anticipated that.
I added 25% to my Canadian Western Bank position today.