5 from 5i: Aging and equities, selling stocks for the long term

Headline image for 5 from 5i: Aging and equities, selling stocks for the long term

Market View

Major North American indices are set for their first monthly loss since April, as rising coronavirus cases trumped domestic stimulus news. Canadian dollar slips to a two-month low. The U.S. dollar slipped. The Canadian dollar was 74.59. U.S. S&P500 slid 0.5% this week and the TSX ended the week down 0.4%.

It was a mixed week with mostly reds. Healthcare slipped 8.8%, followed by energy, down 5.2%. Materials slid by 4.0%, and financials by 0.9%. Consumer staples rose by 4.9%, and technology by 3.8%. Consumer discretionary and industrials rose by 2.0%, each. The most heavily traded shares by volume were Just Energy, Suncor Energy, and Kinross Gold.

5 from 5i

Here are five reads we found interesting last week:

 

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.

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