June 3, 2020

Wednesday was yet another positive day in the markets. The S&P 500 was up 1.4% and Toronto was up 1.2%.

Toll Brothers was up 9.2% and AutoCanada was up 11.4%.

Rail car loadings in the U.S. were down again last week but that was likely mostly due to the Memorial Day holiday. In any case they were down 19% compared to the same week last year. In Canada there was an increase versus the prior week which included Victoria Day. But the level remains well below that of the prior two years.

In my community, a suberb of Edmonton, more people are out shopping. Costco today was crowded. I stopped at a Tim Hortons and it was fairly busy. On seeing how busy Costco was, I added a few shares to my small position.

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