January 18, 2024

Thursday’s action saw the S&P 500 up 0.9% and Toronto up 0.3%.

Apple was up 3.3%. It’s “almost” like Warren Buffett knew what he was doing when he bought about five? years ago at far far lower prices and put in $30 billion or so!

WSP Global a long-time winner was up 2.6%.

Couche-Tard – a huge long-term winner was up 3.0%.

Shopify was down 3.6%

Ceapro, a penny stock and a long-term loser was down another 3%.

The 5 year government of Canada bond yield is back up to 3.57%. Higher long-term rates are a gravitational force on stock prices but stocks defied that gravity today.



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