October 8, 2018

On Monday, the S&P 500 ended the day about unchanged. Toronto was closed.

Amazon was down 1.3% to 1864 but was as low as $1831. Those wanting to own Amazon could consider buying on this dip but probably don’t need to be in any rush.  There is not much reason to expect any real crash at all.

Costco was up 2.3% partially recovering a recent decline. This stock does not seem to give many opportunities to buy on dips. It usually soon recovers from dips.

Visa inc. was down 2.4%. It remains expensive but like Costco has a strong history of recovering from its dips and those dips are usually modest.

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