After the close with Allan
The Thursday chart of GameStop resembled a rollercoaster as the massive short squeeze storm continued. GME‘s day range ran from $112.25 to $482.85 and finished -44% by the close. Meanwhile, the investing industry struggled to come to grips with this […]
It was a wild Wednesday. Sentiment turned negative Wednesday as stocks sold across the board in New York and Toronto. All sectors of the S&P and nearly the entire TSX (except tech) closed negative. There wasn’t a particular catalyst, though […]
This week, you missed Past Top Picks comments by Colin Stewart, including Maple Leaf Foods (A Top Pick Feb 05/19, Down 12%) Get Premium to receive all past top picks opinions a few hours before market open. Volumes were lighter […]
Markets began the week see-sawing between early-morning highs, midday dips and a recovery by the closing bell. A number of forces were at play to bring the S&P to a close of 0.36%, the Dow -0.12%, the Nasdaq 0.69% and […]
This week, you missed Past Top Picks comments by Peter Hodson, including Micron Technology (A Top Pick Feb 20/19, Up 41%) Get Premium to receive all past top picks opinions a few hours before market open. Friday markets lost some […]
On Thursday, American stocks extended the inauguration rally but only modestly, while the TSX fell nearly 100 points. The Dow closed slightly negative, while the Nasdaq and S&P inched up 0.55% and 0.03% respectively to make new closing record highs. […]
American markets made new record highs Wednesday as Joe Biden was sworn in as the new U.S. president. The Nasdaq soared 1.97%, the S&P 1.39%, the Dow 0.83% and the Russell 2000 0.46%. Apart from the Russell, the indices closed […]
This week, you missed Past Top Picks comments by Jason Del Vicario, including Dollarama Inc. (A Top Pick Jan 21/19, Up 29%) Get Premium to receive all past top picks opinions a few hours before market open. After a choppy […]
U.S. markets were closed Monday to celebrate Martin Luther King, but the TSX climbed 0.22% to close 52 points shy of 18,000. Energy sank 1.54% as the price of WCS slipped 0.5% and WCS plummeted 2.6%, but tech, real estate […]
This week, you missed Past Top Picks comments by David Burrows, including Servicenow (A Top Pick Feb 07/19, Up 35%) Get Premium to receive all past top picks opinions a few hours before market open. Mixed bank reports and weak […]
Markets rallied for much of Thursday, but finished at session lows to hover near record highs. Weighing on investors’ minds are the latest U.S. weekly jobless claims which spiked unexpectedly to levels last seen in August 2020, and the slow […]
As the House voted to impeach Trump an unprecedented second time, American markets closed moderately up on Wednesday after a choppy morning. The Nasdaq finished 0.43%, the S&P 0.23% and the Dow barely slightly negative. Industrials lagged while consumer and […]
This week, you missed Past Top Picks comments by Darren Sissons, including A T & T US (A Top Pick Jan 08/19, Up 32%) Get Premium to receive all past top picks opinions a few hours before market open. The […]
After hitting record highs last week, markets on both sides of the border slipped to begin the week. Reasons included Covid worries, old-fashioned profit-taking and Twitter. Late Friday, Twitter announced it was banning Trump permanently for inciting violence. More fallout […]
This week, you missed Past Top Picks comments by Brian Madden, including Bank of Nova Scotia (A Top Pick Jan 09/19, Up 8%) Get Premium to receive all past top picks opinions a few hours before market open. Record Covid […]
The day after Trump encouraged his supporters to storm Capitol Hill, markets rallied. As the National Guard restored order to Washington after Wednesday’s closing bell, the Democrats won the second Georgia senate seat to ensure their “blue wave” domination of […]
It was impossible Wednesday to divorce politics from stocks. Morning markets soared on news that the Democrats won a senate seat in Tuesday’s long-awaited run-off, and the party was on the verge of taking the second seat. Though not quite […]
This week, you missed Past Top Picks comments by Ryan Bushell, including Toronto Dominion (A Top Pick Jan 15/19, Up 9%) Get Premium to receive all past top picks opinions a few hours before market open. Canadian stocks enjoyed a […]
Bay Street rose 0.62% Monday to begin the new year, but Wall Street sold off. Telcos, staples, energy and especially materials rallied on the TSX, while tech, industrials and financials lagged. The biggest gainers were mining names like Franco-Nevada, up […]
In typically light New Year’s Eve trading, American markets closed on a high note to end 2020. The Dow and S&P closed at record highs, up 0.69% and 0.66% respectively as they saw modest gains in financials and healthcare. However, […]
North markets climbed after the U.K. approved AstraZeneca-Oxford University’s vaccine. The British will start receiving shots on Monday as North America ramps up the vaccination of Pfizer‘s and Moderna‘s drugs in the new year despite logistical challenges. The major indices […]
U.S. stocks hit new highs early Tuesday, but declined by the close. The Dow and S&P finished -0.23% and -0.21% respectively while the Nasdaq ended -0.38% and the TSX closed at -0.4%. Volumes were exceptionally light, however, and there was […]
The TSX was closed Monday for the holidays, but Wall Street was rallied to new highs after Trump reversed himself over the weekend and signed the long-awaited stimulus aid bill. The Dow closed up 0.68%, the S&P 0.87% and the […]
It was the trading day before Christmas, and despite whirlwinds in Europe, Beijing and Washington, North American markets inched up. On Thursday, Britain and the U.K. finally signed a trade deal to truly complete Brexit and avoid widespread tariffs for […]
U.S. markets reversed script from previous days as cyclicals rose and tech slipped. The S&P closed flat at 0.07% but the Dow gained 0.38% while the Nasdaq finished -0.29%, though it made a new intraday high. Small-caps continued to rally […]
