After a morning sell-off, stocks rallied towards the end of Thursday’s session until the Dow made another record close at 34,548. The Dow rose 0.93%, fueled by an upbeat weekly jobless claim in the U.S. The S&P rose 0.82% on […]
After a morning sell-off, stocks rallied towards the end of Thursday’s session until the Dow made another record close at 34,548. The Dow rose 0.93%, fueled by an upbeat weekly jobless claim in the U.S. The S&P rose 0.82% on […]
The Dow made a new record close Wednesday, rising 0.29%. Energy, financials, materials and industrials continue to outperform in both the U.S. and Canada. Notable gainers on the Dow included Chevron up 2.69%, Merck 2.25% and Dow 2.79%. The S&P […]
This week, you missed Past Top Picks comments by Jason Del Vicario, including CI Financial Corp (A Top Pick May 02/19, Down 25%) Get Premium to receive all past top picks opinions a few hours before market open. Tech stocks […]
May began with stocks rallying, except tech. Bouncing back from recent sessions, the major indices enjoyed healthy gains: the TSX UP 0.55%, the Dow 0.71% and the S&P 0.28% falling just short of making an all-time high. Though rising Monday […]
This week, you missed Past Top Picks comments by Brian Madden, including Finning Int (A Top Pick May 08/19, Down 25%) Get Premium to receive all past top picks opinions a few hours before market open. Despite generally strong earnings, […]
Blow-out reports late Wednesday propelled markets in New York and Toronto to record intraday highs on Thursday though the TSX didn’t sustain an early morning jump. Facebook‘s blow-out quarter propelled the social media giant 7.55% and helped lift the S&P […]
The TSX jumped 0.95% Wednesday as energy and tech rallied sharply after February retail sales jumped 4.8% and the price of crude WTI and WCS both climbed over 1%. Shopify pushed the index up as it soared 11.12% after a […]
This week, you missed Past Top Picks comments by Stephen Takacsy, including Stella-Jones Inc. (A Top Pick Mar 27/19, Down 19%) Get Premium to receive all past top picks opinions a few hours before market open. U.S. stocks held their […]
Stocks ticked up Monday, optimistic that tech heavyweights will deliver stellar quarterly reports this week. The Nasdaq jumped 0.87% as the S&P made a record high by advancing 0.18%, though the Dow slipped by as much. Amazon climbed 2%, AMD […]
This week, you missed Past Top Picks comments by Robert McWhirter, including goeasy (A Top Pick Apr 29/19, Down 21%) Get Premium to receive all past top picks opinions a few hours before market open. Stocks rebounded Friday to end […]
Markets on both sides of the border were flat or modestly negative until a mid-afternoon report stated that President Biden will double the capital gains tax on Americans earning more than $1 million. The Nasdaq and Dow both closed -0.94% […]
After two days of selling, stocks rebounded Wednesday as positive earnings on both sides of the border lifted investor sentiment. Worries about the Covid situation outside the U.S. were set aside as Rogers and Metro delivered quarterly beats on the […]
This week, you missed Past Top Picks comments by Lorne Steinberg, including BP PLC (A Top Pick May 07/19, Down 45%) Get Premium to receive all past top picks opinions a few hours before market open. On Tuesday, stocks broadly […]
After Friday’s record highs, New York and Toronto indices pared back those gains Monday before the heart of earnings season arrives. The Nasdaq surrendered nearly 1%, the S&P about half that and the Dow a third. Energy was modestly up, […]
This week, you missed Past Top Picks comments by Zachary Curry, including JP Morgan Chase & Co (A Top Pick Jun 04/19, Down 17%) Get Premium to receive all past top picks opinions a few hours before market open. It […]
There was green across screens Thursday as American bank earnings continued to impress as the U.S. continues to reopen. Both cyclical and growth names surged in Toronto and New York. The Dow climbed 0.9% to break 34,000 while the S&P […]
Markets on both sides of the border closed on weakness Wednesday and were in the red, apart from the Dow which inched up 0.16%. Tech gave up yesterday’s gains as the Nasdaq closed -1% and high-flyers Zoom and Tesla both […]
This week, you missed Past Top Picks comments by Rick Stuchberry, including Box, Inc. (A Top Pick May 06/19, Down 23%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX was flat […]
The trading week began with light volumes and a show-me attitude as investors waited for the latest round of earnings to be released in the U.S. The S&P finished flat Monday while the TSX, Dow and Nasdaq closed slightly in […]
This week, you missed Past Top Picks comments by John Hood, including BMO EqWt US HthCare Hedged CAD (A Top Pick Apr 02/19, Down 2%) Get Premium to receive all past top picks opinions a few hours before market open. […]
On Thursday, investor optimism remained up, the VIX was down, and the TSX and S&P made new record highs. America’s strong vaccination rate, plus high amounts of cash sitting on the sidelines, continued to fuel the Wall Street rally. The […]
Wednesday’s session was a lot like Tuesday’s as American indices were more or less flat while the TSX modestly rose. Though Ontario reverted to a strict lockdown, Bay Street is looking past the current spike in Covid cases (driven by […]
This week, you missed Past Top Picks comments by David Fingold, including Elbit Systems (A Top Pick May 27/19, Down 13%) Get Premium to receive all past top picks opinions a few hours before market open. On Tuesday, the TSX […]
Investor and consumer confidence inspired markets to rally to begin the week. On Thursday, the U.S. reported strong employment numbers as the country added the most jobs in seven months. Then today, Monday, the ISM manufacturing numbers for March came […]
As the U.S. 10-year Treasury tumbled 3.75% to 1.6752%, tech as well as reopening stocks rallied on both sides of the border to end the week. There was an unexpected increase in weekly jobless claims, but American manufacturing soared to […]