November 4, 2019

Monday was another positive day in the markets due to optimism that the U.S. and China will sign some sort of partial trade deal.

The S&P 500 was up 0.4% and Toronto was up 0.5%.

FedEx was up 5.3%.

TFI International was up 2.4%.

Linamar was up 2.3% to $44.63 which is a good recovery from a low of under $37 about one month ago. The company has already signaled that Q3 will show a decline in earnings and the market could send the stock lower when Q3 earnings are released. Their comments on the outlook will be important as will continued progress on trade talks / agreements.

Toll Brothers was down 2.2%.

 

 

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