Tuesday’s session saw the S&P 500 down a hefty 1.5% and Toronto down 1.2%.
Shopify was down 3.4%. Toll Brothers which continues to open new communities of homes for sale on a regular basis was down 1.8%.
Canadian Tire was down 2.2% to $145.59. It looks very attractive at that price but of course it could go lower before it turns around.
Costco has reported results which were quite weak in the latest quarter (compared to its growth over the years). Perhaps there will be a buying opportunity for shares of this powerhouse.