July 2, 2020

Markets continued to move higher on Thursday with the S&P 500 up 0.45% and Toronto up 0.7%.

Shopify romped up another 8.4% as enthusiam for this company seems to know no bounds.

TFI International was up 2.4% and is at an all-time high.

Linamar was up 4.1%.

Canadian auto sales for June and been reported. They were down 16% verus June of 2019. But that is a huge recovery versus this March and April. It bodes well for AutoCanada and for the auto parts companies including Linamar.

Rail car traffic last week continues to show a relatively muted recovery. Vechicles and parts however continue to show a huge rebound.

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