Market View

U.S. oil sector rally, as President Trump said U.S. oil companies will spend billions of dollars to rebuild Venezuela’s energy infrastructure and restore the nation’s oil sector to its former glory.  In addition, the U.S trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in imports. The Canadian dollar was 72.08 cents USD. The U.S. S&P 500 ended the week up 1.1%, while the TSX was up 2.1%.

A lot more greens this week than reds. Materials edged up 8.0%, while real estate and technology gained 3.8% and 2.8%, respectively. Consumer discretionary added 1.7%. In addition, financials edged up by 1.0%, while industrials added 0.7%. Energy gave up 2.4%, consumer staples ended the week down slightly 0.6%. The most heavily traded shares by volume were Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), and Royal Bank of Canada (RY).

5 from 5i

Here are five reads we found interesting last week:

•  Your Financial To-Do List for 2026, by Christine Benz of Morningstar.
•  8 Lessons for Investors From Market Turbulence in 2025, by Amy C. Arnott of Morningstar
•  All-Time Highs Everywhere You Look, written by Alfonso De Pablos of All Star Charts
•  2025 Investing Lessons, published by Ben Carlson of Ritholtz Wealth Management LLC
•  It Happened Again, written by Ben Carlson of Ritholtz Wealth Management LLC

Happy Reading & Stay Safe!

Disclosure: The analyst(s) responsible for this report do not have a financial or other interest in securities mentioned.