Markets ended moderately higher on Thursday after starting the day in negative territory. The S&P 500 was up 0.4% and Toronto was up 0.1%.
Futures markets on Thursday evening are suggesting that the market will be moderately weaker on Friday. Apparently, hopes for a stimulus package are fading. But much can happen in a day. We have the antics of the Whitehouse and the the toll of the pandemic but also the potential for a vaccine to be approved as early as tomorrow. There is seldom a completely dull day in the markets it seems.
I trimmed my AutoCanada position a little but will hold onto the great majority of what I have. No-doubt the stock will continue to be somewhat volatile but it does seem that the newer management has really turned a corner in recent months.