July 12, 2016

Stocks rose again on Tuesday with the S&P 500 up 0.7% and Toronto up 0.8%.

Bombardier was up 3.3% to $2.16 which is a good recovery from its lows earlier this year. But is has a long way to go if it is ever to get back to the even the $6 level that it was at a few years ago, much less its old peak of over $25 from the year 2000. Unfortunately, of course, when a stock declines it is not the case that it will necessarily ever see the old highs again.

Couche-Tard was up 2.5% and I believe that was before it released earnings after the close. The earnings growth was once again strong.

My interconnection here on the Rhine river is not good as I would have hoped but I can continue to see the market news for the most part. Posting however, is more difficult.

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