Market View

Stocks flattened out over the week after seeing a rise in investor confidence. Canada's finance minister Bill Morneau resigned from his position and is being replaced by Chrystia Freeland. The US dollar rose, while gold futures dropped. The Canadian dollar was 75.61. U.S. S&P500 was up 0.3% this week and the TSX ended the week down 0.8%.

Energy slid by 4% this week, followed by healthcare by 3.6%. Technology rose by 1.5%, and consumer discretionary and telecommunications rose by 1.4%, respectively. The most heavily traded shares by volume were D-Box Technologies, GoldMining, and Bombardier.

5 from 5i

Here are five reads we found interesting last week:

• Speculation & Innovation, written by Jamie Catherwood on Investor Amnesia
• Value investing is short tech disruption, by Kai Wu of Sparkline Capital
• The hunt for the next quirky economic indicator is on, published by Jennifer Alsever of Marker.Medium.com
• 12 reasons why high-flying professionals fail at investing, posted by TEBI on evidenceinvestor.com
• Warren Buffett: America's folkiest predator, by Matt Stoller

BONUS:

• Five ways small investors can gain a big edge over the professionals, by Peter Hodson on Financial Post

Happy Reading & Stay Safe!

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