On Thursday, the S&P 500 was up 0.2% while Toronto was down 0.3%.
Canadian Tire was down 2.0%. The recent decline would appear to provide a buying opportunity. The stock has often had periods of declines but has certainly trended up in the long term.
I had occasion to drop off a car for service at a Hyundai dealer in Edmonton today. This dealership certainly seems busy. There were plenty of staff and there seemed to be plenty of customers. That was 9:00 am and no doubt that is a busy hour. But returning at 1:30 pm the place was still rather busy. Hopefully, AutoCanada’s dealerships are also busy. Looks can be deceiving but that Hyundai dealership certainly looked like a profitable operation.
I was also at West Edmonton Mall for a few hours and it was also reasonably busy for a Thursday morning. I checked to see if the Boston Pizza was busy at noon. They were far from full but were as busy or busier than several nearby competing restaurants.