U.S markets were closed today. Toronto was up 0.2%. No large movements among our stock picks but it was nice to see Canadian Tire up 1.1%.
On Friday morning we will get the latest jobs report. The hope is that it will be lukewarm. If it is too cool then the market will worry about a lack of growth. If it is too high then the markets will worry that quantitative easing will end earlier. Or the market may focus on announcements today that England and Europe intend to keep interest rates low for some time. Or maybe the market will instead worry about Portugal’s finances or the unrest in Egypt. As of 11 pm eastern the futures suggest the DOW will open 134 points higher. But a lot can change by the time the opening bell rings.