July 16, 2019

On Tuesday, the S&P 500 was down 0.3% as Trump warned that he could impose further Tariffs on China and as a stronger-than-expected retail spending report cast doubt on the extent of expected FED interest rate cuts.

Toronto meanwhile was relatively unchanged with a decline of 0.05%.

Aecon was up 3.2%.

CN Rail was up 2.0% after CP Rail reported a strong Q2.

Toll Brothers was up 2.1%.

TFI International was up 2.5%

The Melcor REIT was up 2.9%.

Penny stock Ceapro was up 6.8% to 39.5 cents. It has been volatile in recent weeks.

A number of stocks on our list were down but the moves were all less than 2.0%.

The Western Canadian Select oil price has touched U.S. $50 in recent days and its recent strength is a positive indicator for Alberta.

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