July 4, 2021

On Friday, the S&P 500 was up 0.75% while Toronto was up 0.3%.

AutoCanada was up 3.1%.

Alimentation Couche-Tard was up 2.8% after releasing earnings.  This is a wonderfully successful company. I will be updating the report on Couche-Tard tomorrow and it be rated probably (higher) Buy. There are always risks and uncertainties. Analysts are expecting its earnings to decline in the next year. But despite that possibility, I believe this is good investment. I will add to my small position in it on Monday. My only hesitation is my desire to keep a significant allocation to cash and fixed income for stability.  As already mentioned I also intend to add to my small Canadian Tire position.

U.S. markets are closed tomorrow (Monday) for the July 4th holiday.

Home sales in Calgary for June set a record for any June. That’s one more indication that the Alberta economy continues to recover.

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