After the close with Allan
Wall Street disregarded U.S. Fed Chair Powell’s assurances about maintaining interest rates and sold tech stocks on Thursday. Pressure also arose from Europe as France imposed new lockdowns in Paris and other regions as continental struggles to vaccinate and tame […]
Wednesday was St. Patrick’s Day, but U.S. Fed Chair Jerome Powell blessed markets with green after announcing he won’t raise interest rates through 2023. Markets had been on hold since Tuesday, then popped on the news. In fact, the S&P […]
This week, you missed Past Top Picks comments by Michael Sprung, including Manulife Financial (A Top Pick Mar 20/19, Down 36%) Get Premium to receive all past top picks opinions a few hours before market open. After Monday’s across-the-board rally, […]
The trading week began on a quiet note, but finished upwards among tech as well as reopening stocks. The Dow added 0.53% and the S&P 0.64% to both crack new record highs, while the TSX advanced 0.55% to make its […]
This week, you missed Past Top Picks comments by Christine Poole, including Chartwell Seniors Housing (A Top Pick Mar 12/19, Down 30%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX ended […]
One year after the World Health Organization declared Covid-19 a pandemic, North American stocks rallied across the board. On Thursday, the S&P and Dow both made all-time highs, up 1.04% and 0.58% respectively, but the tech-heavy Nasdaq opened strong and […]
President Biden’s US$1.9 trillion stimulus bill passed, as expected on Wednesday, and American markets were mixed. The Nasdaq started the session with a strong 1% rally, but faded to close barely positive as the Dow held onto a 1.52 gain […]
This week, you missed Past Top Picks comments by Jason Mann, including Enerplus Corp (A Top Pick May 10/19, Down 75%) Get Premium to receive all past top picks opinions a few hours before market open. A day after a […]
The week began with U.S. markets continuing to rotate out of big tech and into the reopening trade. After a positive morning, the Nasdaq slid for the rest of the day and closed on session lows at -2.41%. To date, […]
This week, you missed Past Top Picks comments by Eric Nuttall, including Baytex Energy Corp (A Top Pick Apr 26/19, Down 59%) Get Premium to receive all past top picks opinions a few hours before market open. Markets began and […]
Thursday markets were treading water until U.S. Fed Chair, Jerome Powell, announced that inflation will likely rise (albeit temporarily) as the American economy recovers. Markets reacted negatively and sold off, extending the current tech slump. The Nasdaq dove 2.11% while […]
On Wednesday, American indices reverted to last week’s script as the U.S. 10-year treasury yield climbed by 5.4% to 1.467%, which triggered selling particularly in tech stocks. The Nasdaq slid 2.7% as names like Amazon closed -2.89% and PayPal -5.25% […]
This week, you missed Past Top Picks comments by Dennis da Silva, including Harte Gold Corp (A Top Pick Jan 09/19, Down 69%) Get Premium to receive all past top picks opinions a few hours before market open. Bay and […]
March came roaring like a lion as markets soared across the board Monday. In the U.S., tech and financials led the charge as the Nasdaq leapt 3%, the Dow nearly 2% and the S&P at 2.38%. Big movers Tesla jumped […]
This week, you missed Past Top Picks comments by Brian Acker, including Intel (A Top Pick Apr 22/19, Up 0.4%) Get Premium to receive all past top picks opinions a few hours before market open. The U.S. 10-year treasury declined […]
On Thursday, the U.S. 10-year treasury yield rose from 1.4% to 1.5% and triggered across-the-board selling in New York as well as Toronto. The session erased Wednesday’s gains, but also dragged down all sectors and not only tech, which had […]
Wednesday looked like a continuation of the current rotation out of tech stocks and into financials, energy and reopening names until the U.S. Fed’s Jerome Powell issued soothing remarks about inflation late morning. The Nasdaq did a sharp turn and […]
This week, you missed Past Top Picks comments by Stephen Takacsy, B., including Sienna Senior Living Inc (A Top Pick Jan 28/19, Up 11%) Get Premium to receive all past top picks opinions a few hours before market open. The […]
Monday’s session extended the market dynamics of last Friday as the TSX rose 0.21% on the strength of energy and financials, while U.S. tech stocks continued to fall. The Nasdaq plunged 2.46% though the S&P climbed 0.77% and the Dow […]
This week, you missed Past Top Picks comments by Brooke Thackray, including TJX Companies (A Top Pick Jan 07/20, Up 4%) Get Premium to receive all past top picks opinions a few hours before market open. Toronto gained 0.6% on […]
A rising 10-year U.S. yield curve and unexpectedly higher weekly jobless claims pressured American markets, while a pause in the oil rally and a disappointing vaccine roll-out weighed on Canadian investors despite a decline in cases worldwide. Volumes continue to […]
Tech heavyweights pressured markets on both sides of the border Wednesday, triggering a partial sell-off though based on low volumes. The S&P finished flat, the Dow gained 0.29% while the Nasdaq fell 0.58%. Shopify announced a blow-out quarter but issued […]
This week, you missed Past Top Picks comments by Gerard Ferguson, including Everi Holdings Inc. (A Top Pick Jul 22/19, Up 16%) Get Premium to receive all past top picks opinions a few hours before market open. A massive snow […]
This week, you missed Past Top Picks comments by Bruce Campbell (2), including C21 Investments Inc. (A Top Pick Jan 30/19, Down 53%) Get Premium to receive all past top picks opinions a few hours before market open. Friday markets […]
Markets endured another choppy session trading at low volumes and little direction. The Dow closed barely in the negatve while the S&P climbed barely in the positive. The Nasdaq rose a modest 0.38% while the TSX slipped 0.35% from Wednesday’s […]
