January 20, 2018

On Friday, the U.S. markets were unfazed by the impending (partial) U.S. government shutdown.

The S&P 500 was up 0.4%. Toronto was also up 0.4%.

CRH Medical was a notable gainer, up 6.7% in Toronto to $3.85. It’s still down 32% from the price at which it was introduced on this site and is down some 69% from its subsequent highs. Still, it has doubled since hitting a low of $1.86 in Toronto a few months ago.

I would expect the U.S. market on Monday to react at least somewhat negatively to the reality of the U.S. government partial shutdown.

 

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