On Friday, the S&P 500 was down 0.3% while Toronto was basically unchanged.
Aurora Cannabis was down 11.2% on analysts comments about its debt and lack of profitability.
AutoCanada was down 3.0%
CRH Medical was up 2.5%.
The December jobs report for Canada was strong. But it was not even a full rebound from the big reported job losses in November. Given the volatility of the numbers it will take another month or two to know if the employment market remains healthy (which it appears to despite the poor numbers in November). I always emphasize that the jobs report is a household survey that has an inherent (fairly large) statistical error range as well as other possible errors (never a perfect random sample and respondents may have difficulty even defining themselves as employed or looking for work or not – For example, is someone collecting a pension but working part-time unemployed if they lose their part-time job?).
The next update will be for Shopify. I had put it on the site last January but had declined to put a rating on it other than to say it was highly speculative. Now, at 33 times sales and 566 times forward estimated earnings, I am prepared to call it a Sell. Those holding it should considering selling at least some and harvesting gains.