BMO Equal Weight Oil & Gas Index ETF (ZEO.TO) & iShares US Financials ETF (IYF)

The last week has been relatively quiet for stock markets around the world, but that could change as the business, economic and political calendars for 2021 all starting to ramp up in earnest over the coming days, particularly after Monday’s US holiday. Starting with today’s Biden speech, investors should start to get an indication of the incoming administration’s priorities in terms of fighting COVID (vaccines/lockdowns/other measures), and in dealing with the economic impact of COVID (continuing or additional fiscal stimulus). In this week’s issue of Equity Leaders Weekly, we focus on recent trends in the Financials and Energy sectors heading into earnings season.

Bausch Health Companies Inc. (BHC.TO)

Specialty and generic pharmaceutical producer Bausch Health (BHC.TO) has returned to the Green Favored Zone of the SIA S&P/TSX 60 Index report for the first time in nearly a year. The shares climbed 11 spots yesterday in response to positive sales guidance to 12th place and have moved up 31 places in the last month.

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