On Thursday, the S&P 500 was up 1.5% while Toronto was about unchanged.
Meta (Facebook)rocketed up 23% after its earnings announcement and outlook.
I rarely comment on companies I have not recently analysed but I did mention on January 11 Meta (Facebook) and also Amazon as probably not a bad idea.
FedEx has another strong day rising 6.1%. AutoCanada was up 8.3% to $30.25. It bottomed under $21 on November 9th. I updated it on December 21 rated Strong Buy at $22.22.
Shopify was up 6.9%.
Given the recent gains and given that my equity exposure is very high (and my cash position is quite low) I’m looking for some positions to trim. So I trimmed a little off my Toll Brothers position and sold a very small portion of my Canadian Tire shares. I ay trim a little from my AutoCanada position tomorrow.