Following Dr. Fauci’s warnings about reopening too soon the day before, markets on Wednesday sold off further after U.S. Chair Jerome Powell delivered sober warnings about the risk of a “prolonged recession and weak recovery.” Powell vowed he would do […]
This week, you missed Past Top Picks comments by Jason Mann including Methanex Corp (A Top Pick Apr 05/18, Down 19%) Get Premium to receive all past top picks opinions a few hours before market open. Perhaps it was jitters, […]
Consumer staples and tech lifted the TSX up 1% past over 15,000 points. Food producer, Premium Brands Holdings, announced their Q1 revenue YOY soared 20% and investors rewarded the stock with a 12.57% spike. Shopify continued to march upward, rallying […]
This week, you missed Past Top Picks comments by Brooke Thackray including SPDR Energy ETF (A Top Pick Apr 12/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. As economies continue […]
Energy and materials climbed on the TSX, but lacklustre staples and telcos kept the TSX barely positive in Thursday trading. However a barrel of WCS fell nearly 10% to below $18 while WTI slipped nearly 2.5%. Early in the session […]
Wednesday’s session saw mixed closes in Toronto, up 0.13%, and in New York with the Nasdaq up 0.51& though the S&P closed -0.7% and the Dow -0.91%. Utilities, energy and financials dragged the TSX down, but communications and tech rallied. […]
This week, you missed Past Top Picks comments by Rick Stuchberry including Royal Bank (A Top Pick Apr 12/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. Tuesday markets continued the rally […]
The trading week began with Friday’s lingering worries of Trump reigniting a tariff war with China (universally slammed by investors for risking a depression). However, tech propelled a gradual comeback through Monday until the Nasdaq closed 1.23% higher while the […]
This week, you missed Past Top Picks comments by Jason Del Vicario including Alimentation Couche-Tard (B) (A Top Pick Apr 12/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. Trump‘s threatens […]
Volatility returned to markets Thursday, triggered by the latest U.S. jobless numbers. Markets didn’t expect 3.8 million Americans would file for unemployment insurance last week. The jobless total now surpasses 30 million, or one in six Americans. Similar grim news […]
Markets rallied Wednesday after hearing news of positive test results of Gilead‘s remdesivir‘s drug treatment COVID-19 patients. Though more testing is needed before remdesivir can be used anywhere, the hopeful news lifted markets. Gildea stock spiked 5.7%. In fact, indices […]
This week, you missed Past Top Picks comments by James Hodgins including Cipher Pharmeuticals (A Top Pick Nov 27/18, Down 42%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX gained 1% […]
From New Zealand to Slovakia, several countries on Monday the announced plans to ease their lockdowns and gradually re-open their societies as the numbers of new cases continues to decline. This optimism lifted markets, from Asia where the Nikkei rallied […]
This week, you missed Past Top Picks comments by Kash Pashootan including Investors Bancorp Inc. (A Top Pick May 17/18, Down 9%) Get Premium to receive all past top picks opinions a few hours before market open. Toronto and New […]
Toronto and New York indices were rallying until midday Thursday when “inconclusive” results were released about Gilead’s COVID-19 treatment. Many investors were betting on the drug, remdesivir, after trial results were mistakenly published on the World Health Organization’s website earlier […]
After two days of historic selling, oil rebounded Wednesday. A barrel of WTI soared over 20% to nearly $14, though it broke $16 at the opening bell while WCS rocketed 31% to $5. What triggered the rally was Trump tweeting […]
This week, you missed Past Top Picks comments by Brian Acker including Bank of America (A Top Pick Apr 25/18, Up 1%) Get Premium to receive all past top picks opinions a few hours before market open. Though a barrel […]
Forget last week’s record cutbacks by OPEC. Forget talk of easing the lockdown. American oil crashed Monday with a horrible thud as a barrel of WTI closed $-30.75. Yes, negative for the first time. And for the first time in […]
This week, you missed Past Top Picks comments by Ryan Bushell including Toronto Dominion (A Top Pick Apr 30/19, Down 22%) Get Premium to receive all past top picks opinions a few hours before market open. Afterhours Thursday delivered a […]
Thursday’s session was mixed as the latest American jobless claims declined from 6.615 million last week to the 5.245 million. Investors read this as a positive thing, though the figures remaining staggering. Also in the mix were plans by Trump […]
Wednesday’s sell-off gave back Tuesday’s gains which, in turn, erased Monday’s decline. That sums up the current market uncertainty as investors wade into earnings season, a parade of dividend suspensions and downbeat fiscal outlooks. Specifically, the S&P shed 2.2% and […]
This week, you missed Past Top Picks comments by Hap Robert Sneddon including Eli Lilly & Co. (A Top Pick Dec 18/18, Up 17%) Get Premium to receive all past top picks opinions a few hours before market open. Despite […]
The Dow, S&P and TSX drifted down Monday as the Nasdaq ticked up to start earnings week. Compared to recent weeks, the Dow’s 1.39% shave and Nasdaq’s 0.5% climb was modest as the VIX continued to decline, down to 41.17 […]
The shortened week before Easter saw markets rally, with the S&P gaining 12%, its biggest jump since 1974. On Thursday alone, it rose 1.45%, with the Dow trailing at 1.22% and the Nasdaq at 0.77%. This despite another 6.6 million […]
If Tuesday was a false start on the markets, then Wednesday was the real deal. Rallies on Wall and Bay streets extended the strong, positive performances found on Monday in reaction to ongoing (albeit modest) declines in new COVID-19 cases […]
