June 24, 2020

On Wednesday, the S&P 500 fell 2.6% and Toronto fell 1.7%.

The great majority of stocks on our list were down.

Markets seem to have started to take notice of the higher virus cases in much of the U.S.

Penny stock Ceapro had reached a 52 week high of 56 cents earlier today but ended the day down 6.6% to 49.5 cents. This stock will likely continue to be volatile. But it could easily double and more if some of its research efforts start to pay off in licensing deals.

The latest rail car shipping statistics were released today. In both the U.S. and Canada, the traffic trend continues upward but remains noticeably below the level of the prior two years. Motor vechicles and parts continue to show a huge recovery but remain below the level of the prior two years. Overall, the data does not show that strong of a recovery yet.

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