July 30, 2021 7:40 am eastern time

On Thursday, the S&P 500 and Toronto were each up 0.4%.

West Fraser Timber rose only 2.4% on its strong earnings. It may be trading mostly on the Dutch auction offer price. Also, lumber prices while still strong are way down from the peak.

RIWI was down 17% to $1.20. The market is just not impressed. It’s probably too late to bother selling so I will hang on but this has been a clunker. It’s not in any danger of going broker or anything that serious.

Toll Brothers was up 4.5% after announcing a couple of new projects. 

Premarkets indicate the markets will be done modestly today.

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