November 17, 2020

U.S. Markets were slightly negative on Tuesday as the S&P 500 fell 0.5% but Toronto managed a 0.3% gain.

There were no many stocks on our list rising or falling more than 2% or so. The Melcor REIT was up 5.4% to $4.77. It had spend most of the last six months under $4.00. 

I am still looking at AutoCanada’s third quarter report. It did benefit somewhat from the government wage subsidy. But most of its good results were due to the Canadian recovery in auto sales and to its own good management and drive for profits. 

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