After the close with Allan
Another day, another Nasdaq record high. On Thursday, the tech-heavy index gained 0.53% to close at 10,547, though the S&P slumped 0.56% and the Dow fell 1.39%, partially because Walgreens announced it was laying off more than 4,000 employees and […]
Apple, Amazon, Facebook, Microsoft and Netflix all made record closes on Wednesday. It was a session that big tech names ruled, with the Nasdaq closing at yet another record high of 10,482, up 1.34%. Moreover, markets rallied at the end […]
Yesterday’s newsletter was missing Monday’s after the close comment. If you’d like to read it today, you can find it here : World markets surge to begin week. Sorry for this technical glitch… Tuesday markets sold off some of its […]
As North American investors slept overnight Monday, Asian then European markets rallied: Shanghai soared 5.71% and the FTSE jumped over 2%. As expected, Toronto and New York followed suit with the S&P and Dow climbing well over 1.5% and the […]
The third quarter continues its rally as a surprisingly good U.S. jobs report fueled markets Thursday. Non-farm payrolls bounced back by 4.8 million, far surpassing the expected 2.9 million as American unemployment fell to 11.1%, the lowest level during this […]
As Canadian markets closed to celebrate our national birthday, Wall Street climbed on positive news about of Pfizer’s COVID-19 vaccine. Developed with Germany’s BioNTech, Pfizer’s vaccine has yielded encouraging results though this is the initial phase of testing that was […]
This week, you missed Past Top Picks comments by Benj Gallander including Pengrowth Energy (A Top Pick Jun 21/17, Down 42%) Get Premium to receive all past top picks opinions a few hours before market open. Tech and gold stocks pushed […]
Even though COVID-19 cases to continue to climb across the American sunbelt, particularly in Arizona, Texas and Florida, markets on Monday regained some ground it lost in last week’s sell-off. The Nasdaq rose 1.2%, the S&P was up 1.47% and […]
This week, you missed Past Top Picks comments by David Burrows including Illumina Inc. (A Top Pick Jul 18/18, Up 15%) Get Premium to receive all past top picks opinions a few hours before market open. The week ended ugly on […]
After a see-saw trade most of Thursday, the bulls charged in the final hour to close indices higher. The optimism broke this week’s sell-off which was triggered by a spike in new COVID-19 cases across the American sunbelt; it suggests […]
Investors sold off stocks Wednesday, worried over the continuing rise in new COVID-19 cases in some U.S. states. In particular, Florida, Texas, California and Arizona are seeing a spike as America and other nations open up. On Wednesday, for instance, […]
This week, you missed Past Top Picks comments by Teal Linde including Inter Pipeline (A Top Pick Dec 10/18, Up 3%) Get Premium to receive all past top picks opinions a few hours before market open. Overnight Tuesday, Europe rallied as […]
The week began with Nasdaq returning to the 10,000 club, rising 1.11% and Apple and Microsoft making new all-time highs. Those tech giants rallied 2.75% (to $359.19) and 2.74% ($200.48), respectively, while American tech names as a whole increased 1.93%. […]
This week, you missed Past Top Picks comments by Josef Schachter including Bellatrix Exploration Ltd. (A Top Pick Jun 18/18, Down 94%) Get Premium to receive all past top picks opinions a few hours before market open. North American indices rose […]
Most of the major indices closed in the positive after a see-saw Thursday that rallied in the closing minutes. The S&P barely finished in the green while the Dow faintly dipped into the red. Performing better was the Nasdaq, up […]
A day after several positive headlines, Wednesday markets were choppy, with stocks fading in the final hour of trading. The S&P, Dow and TSX declined by around 0.5% while only the Nasdaq closed positive at 0.15%. There wasn’t a single […]
This week, you missed Past Top Picks comments by Michael Sprung including Precision Drilling (A Top Pick May 30/18, Down 52%) Get Premium to receive all past top picks opinions a few hours before market open. Positive headlines drove markets strongly […]
On Monday, the bulls and bears slugged it out in a volatile session. After nearly two months of no new Covid-19 cases, Beijing reported new ones. Meanwhile, states in the American south, such as Florida and Alabama, reported their own […]
This week, you missed Past Top Picks comments by Peter Imhof including Yangarra Resources (A Top Pick Jun 13/18, Down 60%) Get Premium to receive all past top picks opinions a few hours before market open. Buying-the-dip was the theme in […]
Pessimism infected markets Thursday as investors digested the sobering economic forecast of U.S. Fed Chair Jerome Powell made late the day before. Powell warned of a “long road” to recovery for the U.S. but vowed to keep interest rates near […]
Though U.S. Fed Chair Jerome Powell assured markets that he’ll keep interest rates at historic lows through 2022, markets on both sides of the border continued Tuesday’s selling into Wednesday. The Dow shed 1.04% and the S&P lost 0.53%. In […]
This week, you missed Past Top Picks comments by Fabrice Taylor including Tree Island Steel (A Top Pick May 08/18, Down 36%) Get Premium to receive all past top picks opinions a few hours before market open. On Tuesday, New […]
The Nasdaq climbed 1.13% to make a new, all-time high of 9,924 on Monday to highlight Wall Street’s continuing rally. In fact, the Nasdaq lagged New York’s main indices as the Dow closed up 1.71% to mark a six-day winning […]
This week, you missed Past Top Picks comments by Ross Healy including Canadian Utilities (A Top Pick Jul 30/18, Up 25%) Get Premium to receive all past top picks opinions a few hours before market open. A positive trading week […]
After a strong rally earlier this week, markets sold modestly Thursday. The TSX closed -0.3%, the Nasdaq -0.69%, the S&P -0.34%, though the Dow inched up 0.05%. Oil, the Canadian dollar and gold were basically flat. In Toronto, real estate […]
