December 19, 2021

On Friday, the S&P 500 was down 1.0% while Toronto was unchanged.

Starbucks was down 4.4%.

AutoCanada was up 8.8% after announcing an aggressive looking share buyback program.

FedEx was up 5.0% on a good earnings report.

Over the weekend the Omicron situation is going from bad to worse with various lockdowns announced. 

This could potentially trigger a significant slide in stock prices but so far that’s not the case. The Futures markets as of 6:45 pm eastern time Sunday evening is predicting only a modest decline in stocks on Monday morning. 

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