After the close with Allan
Midday Wednesday (Toronto time), the World Health Organization declared the coronavirus outbreak a pandemic. The WHO stressed urgent action by effected countries, including the U.S., but held out hope that COVID-19 can be curtailed. Toronto and New York indices, which […]
This week, you missed Past Top Picks comments by Gordon Reid including McDonalds (A Top Pick Aug 21/18, Up 39%) Get Premium to receive all past top picks opinions a few hours before market open. The Dow swung another 1,000 […]
Like a tsunami warning, sharp drops in overnight Asian markets and American futures pointed to a steep sell-off when North American markets opened Monday morning. Overnight, Japan’s Nikkei slid 5%, Hong Kong sank 4.2%, and London tumbled 8.5%. However, it […]
Join Stockchase Premium & Unlock Experts Ratings Another day of panic selling over coronavirus… Like last Friday, markets ended this week with a massive sell-off until the final half hour when a rally lifted indices off their day’s lows. However, […]
Volatility continues to rule American markets as coronavirus cases increase in New York, New Jersey and now California. The Dow closed nearly 1,000 points down 3.58%, while the S&P and Nasdaq weren’t far behind. Airlines, hotels and travel stocks were […]
Following their American peers, the Bank of Canada on Wednesday cut the benchmark interest rate by 50 basis points to 1.25%. Both central banks are responding to the negative impact of the coronavirus on their economies and world growth. The […]
This week, you missed Past Top Picks comments by James Hodgins including Cipher Pharmeuticals (A Top Pick Nov 27/18, Down 44%) Get Premium to receive all past top picks opinions a few hours before market open. Tuesday morning, U.S. Fed […]
This week’s trading began Sunday evening with Dow futures swinging like a pendulum between positive and negative as investors watched for any hint that U.S. Fed Chair Jerome Powell will cut interest rates. Though the coronavirus persists, particularly outside China […]
This week, you missed Past Top Picks comments by Josef Schachter including Birchcliff Energy Ltd. (A Top Pick Feb 18/18, Up 15%) Get Premium to receive all past top picks opinions a few hours before market open. Markets continued to […]
The TSX and New York’s main indices closed down 4.5% Thursday on continuing fears of the coronavirus. It was an ugly session that saw a modest comeback over lunchtime, but selling accelerated towards the closing bell. Every sector of the […]
North American indices began Wednesday in rally mode, but slumped as the afternoon wore on. Except for Nasdaq, which hung on for a 0.17% gain, the Dow, S&P and TSX all ended the session decidedly negative. The TSX lost 0.79% […]
This week, you missed Past Top Picks comments by Teal Linde including Air Lease (A Top Pick Dec 10/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. Dear Readers, Due to […]
This week, you missed Past Top Picks comments by David Fingold including Keysight Technologies Inc. (A Top Pick Dec 27/18, Up 74%) Get Premium to receive all past top picks opinions a few hours before market open. Markets sharply sold […]
Call it the winter blues, but North American markets suffered a malaise in Thursday trading. After making new highs the day before, all three major Wall Street indices closed around half a point lower, with big tech driving the Nasdaq […]
The number of new coronavirus cases in China declined for the second straight day, injecting hope into markets and raising the S&P and Nasdaq to record highs, up 0.87% and 0.47% respectively. The news also propelled oil by 2.31% and, […]
This week, you missed Past Top Picks comments by Michael Sprung including Bank of Nova Scotia (A Top Pick Aug 22/18, Down 3%) Get Premium to receive all past top picks opinions a few hours before market open. World markets […]
Hi again, This is part #2 of an exceptional Monday Edition of the Top Picks newsletter. Here are Friday’s Top Picks. We hope you all had a great Valentine’s Day 💕
Markets pulled back slightly on Thursday on news from China that coronavirus cases have spiked, due to a different method that Chinese authorities are now using in counting cases. This week, markets were breaking all-time highs on optimism that the […]
Markets made record new highs on Wednesday in all three major New York indices and the TSX. Shopify’s 8% lift helped propel the Toronto index up 0.32%. Shopify matched Q4 earnings expectations and its 2020 revenue guidance was better than […]
This week, you missed Past Top Picks comments by Bruce Murray including Newell Brands Inc (A Top Pick Jan 05/18, Down 38%) Get Premium to receive all past top picks opinions a few hours before market open. At the morning […]
Even though the death toll from the coronavirus has surpassed that of SARS in 2003, markets rallied Monday. They rose tentatively in the morning, but gained speed throughout Monday. The Nasdaq closed the highest of the major indices, climbing 1.13%. […]
This week, you missed Past Top Picks comments by Richard Croft including iShares Xinhua China 25 ETF (A Top Pick Nov 09/18, Up 7%) Get Premium to receive all past top picks opinions a few hours before market open. Makets […]
China announced it would slash retaliatory tariffs on hundreds of U.S. goods, totaling US$75 billion. The surprise announcement, intended to smooth China-US trade, lifted North American markets to even fresher highs Thursday. After shrugging off coronavirus fears, markets have been […]
Markets continued to grind higher Wednesday with the the Dow and S&P, in particular, making a new high and closing as much as 1.68% up while the TSX rallied 0.79% to make its own new high at 17,651. Even crude […]
This week, you missed Past Top Picks comments by John Kim including A T & T US (A Top Pick Jun 21/19, Up 8%) Get Premium to receive all past top picks opinions a few hours before market open. American […]
