On Tuesday, the S&P 500 was down 0.1% (but the DOW was up 0.9%) and Toronto was up 0.85%.
Toll Brothers bounced up 7.3%
Canadian Western Bank was up 3.8%.
Melcor Developments was up 6.6%. It then reported Q3 earnings after the close which were probably better than expected and included selling 196 building lots in the U.S. in more or less a bulk sale which cleared out its inventory there (it will now work to develop more lots in that same U.S. project). They sold 180 building lots in Alberta which compares to 109 in Q3 last year. However the lot prices and the gross profit margins were quite low. Overall the stock continues to look significantly under-valued.
Canada is implementing a lot more COVID lockdowns in various places. This is bound to be bad for some companies. The U.S. may also need to impose some lock downs. So far the market is ignoring that risk as well as the risks of the vengeful outgoing President.