On Friday, the S&P 500 was down 1.0% because the huge January job gains at 517,000 net new jobs stoked fears that the end of the interest rate hikes is no so nigh after all.
Toronto managed a gain of 0.1%.
Starbucks was down 4.4% as its China sales were weak.
American Express was up another 3.3%.
I did trim my AutoCanada position today. I had added to it at $22 and $24 in recent months so I am just selling some shares and still have a good exposure to the company.
Selling in a (potentially still) rising market tends to look like a mistake and it may be. But in my case it seems prudent to raise some cash both for portfolio stability and to possibly purchase other names.