September 23, 2015

The S&P 500 was down 0.2% and Toronto down 0.8%.

And oil fell about 3.8% to $44.61.

Canadian Western Bank was down 3.0% presumably due to fears related to oil prices.

Bombardier was down 8.6% possibly because it is so hard to know what the future holds for this debt-ridden and exceedingly poorly managed company that on the other had tends to have the support of government and which does have good products to sell.

All in all it was just another day in the markets with stocks moving somewhat unpredictably which is really what they are supposed to do – it’s called the random walk theory.

P.S. I entered two orders to add to my Boston Pizza position. One order just a little below the market and another order a little further below the market.

 

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