July 25, 2018

On Wednesday, the S&P 500 was up 0.9% adn Toronto was up 0.2%.

CN Rail was up 4.7% after reporting Q2 earnings. This has been a stellar long term investment. It usually looks expensive but seems to end up justifying the price paid. Probably wise to continue to hold especially in taxable accounts (rather than trigger a gain).

Boston Pizza bounced up 3.6%.

Stantec was up 2.2%.

AutoCanada continues to slide, down 3.8% today. I am not aware of any new news and the continued slump could be due to fears or could be due to someone having information that Q2 will be a weak report on August 9.

Toll Brothers was down 3.5%. It may be that this sector is just unpopular with investors. There are always fears such as higher interest rates. But so far, to my knowledge U.S. home prices continue to rise and homes there remain affordable.

The issue with PayPal was caused by InvestorsFriend being categorized as a type of financial institution of some sort. After many years of accepting payments PayPal and or the credit card companies decided we were in a risky category. I have changed the category and will see shortly if the problem is resolved.

Scroll to Top