5 from 5i: A crisis test - Value vs Growth, Active vs Passive, Small Cap vs Large

Headline image for 5 from 5i: A crisis test - Value vs Growth, Active vs Passive, Small Cap vs Large

Market View

Major stock indices fell today at open due to deteriorating US-China relations and poor US retail sales. Oil rose after a surprise drawdown in US inventories and signs that demand from China is increasing. Gold remains unchanged. The Canadian dollar was 71.07 cents. 

The week ended with more reds than green. Financials slipped by 4.7% this week, followed by consumer discretionary and utilities, both of which declined by 2.8%. Energy slipped by 1.1%. Technology rose 3.0% and healthcare by 0.4%. Aurora Cannabis posted a smaller loss compared to prior quarters helped by North America stockpiling cannabis ahead of lockdowns. Adjusted loss before interest, tax, depreciation, and amortization came in at $50.8 million vs $80.2 million a quarter ago. Canadian auto parts maker, Linamar Corp, posted quarterly reports beating profit estimates. The company cut its capital asset expenditure by 25% in the first quarter. The most heavily traded shares by volume were Zenabis Global, Aurora Cannabis, and Aphria Inc.

5 from 5i

Here are five reads we found interesting last week:

Bonus

 

Happy Reading & Stay Safe!

 

Thinking about becoming a 5i Research Member?  There is no better time to join but don't just take our word for it. Try it for free for the next month and experience all the benefits of the 5i Research membership. (And don't worry. We won't ask for your credit card upfront)

Button for free trial

Disclosure: Please note that the author does not hold a financial or other interest stocks or funds mentioned.

CMS Buy Now
https://research-5iresearch.lpages.co/free-trial-5i-research-5i-blog/