October 5, 2021

On Tuesday markets partially rebounded as the S&P 500 rose 1.05% and Toronto rose 0.65%.

FedEx was strong with a 2.9% gain.

There has been a number of new IPOs coming out on TD Direct which is probably indicative of continued strength in the markets.

Oil remains strong at $79 U.S. which is $100 Canadian. Oil is at a seven year high in U.S. dollars and probably longer in Canadian dollars.

Natural gas prices are also strong.

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