September 21, 2020

Monday was a negative day for most stocks as the S&P 500 fell 1.2% and Toronto fell 1.3%. During much of the the trading day the decline was closer to about 2% but there was some recovery near the end of the trading day.

AutoCanada was one of the bigger decliners, down 8.9% to $16.50. Interesting how the buying interest that pushed it up over $19 can suddenly evaporate despite no news from the company.

Penny stock Ceapro was down 10.3% to 70 cents and traded as low as 60 cents today. But volatility is to be expected with penny stocks.

RIWI was up 9.8% but is also relatively volatile…

Toll Brothers was up 5.1% after it announced that its net signed contracts in the first half of the current quarter (The six weeks ending September 15) were up 110% versus last year and that it was increasing its prices to manage the pace of growth, to offset cost increases and to increase profits.

 

 

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