This week, you missed Past Top Picks comments by David Cockfield including Bank of Nova Scotia (A Top Pick Nov 30/18, Up 10% – Still likes it.) Get Premium to receive all past top picks opinions a few hours before […]
This week, you missed Past Top Picks comments by David Cockfield including Bank of Nova Scotia (A Top Pick Nov 30/18, Up 10% – Still likes it.) Get Premium to receive all past top picks opinions a few hours before […]
After making new highs to end last week, Monday markets in new York inched slightly higher. American traders remain optimistic (or complacent?) about the US-China trade negotiations, even though China is now sending clear signals that it’s worried over Trump […]
We are back! ⚠️ We had a problem with the weekly version of the Top Picks newsletter since October 26th which prevented the newsletter from being sent to the weekly subscribers on Saturdays. Subscribers to the Daily version of the […]
Markets were flat Thursday as geopolitics took a breather and the earnings parade continued. The TSX closed slightly in the green, lifted by bond proxies like utilities. Among the day’s winners was Walmart, which spiked to a record high at […]
The TSX made a new high Wednesday, rising 0.29% to 16,957, driven by gains in materials, industrials and consumer staples. The Toronto index is up 23.5% year-to-date. Speaking of comebacks, Home Capital Group announced a big profit beat, then spiked […]
This week, you missed Past Top Picks comments by Richard Croft including Boeing (A Top Pick Nov 09/18, Up 2% – Don’t trade Boeing now, but do a call). Get Premium to receive all past top picks opinions a few […]
Over the weekend, Trump said that trade negotiations with China would continue to move along, but ruled out any tariff relief. That announcement may well be strategic, but it pressured American markets Monday morning, though New York indices closed the […]
The S&P and Nasdaq broke records this week, but American indices on a holding pattern Friday as investors digested conflicting trade signals from Washington and Beijing. On Thursday, officials in American and China were reported as saying that tariffs would […]
Markets rose on news that the U.S and China would reduce some tariffs to pave the way to signing phase one of the closely watched trade agreement. The Dow gained as much as 0.66% Thursday, though North American indices faded […]
It was another flat day on North American markets (Toronto and S&P slightly up, Nasdaq modestly down), but there was no shortage of earnings reports. Toronto toymaker, Spin Master, saw earnings decline in Q3 due partly by U.S. tariffs on […]
This week, you missed Past Top Picks comments by Don Lato including Apple (A Top Pick Feb 13/19, Up 37% – Trading to new highs). Get Premium to receive all past top picks opinions a few hours before market open. […]
The Dow closed at an all-time high Monday at 27,462 as American markets continued to rise on optimism over the US-China trade negotiations, positive economic data and declining interest rates. FedEx, which investors have fled partly out of trade concerns, […]
Markets on both sides of the border ended on optimism as the S&P and Nasdaq made new all-time highs while the Dow rose a full percent. The TSX closed 110 points higher, near 15,600. Unlike recent up days, Friday boasted […]
American markets sold off on Thursday after reports that Chinese officials were throwing cold water on Trump’s hopes that a phase one trade deal between China and the U.S. would be signed. Chinese trade officials fear him impulsively backing out […]
This week, you missed Past Top Picks comments by Andrew Pyle including The Stars Group (A Top Pick Nov 15/18, Up 21%; He’s starting to exit). Get Premium to receive all past top picks opinions a few hours before market […]
The TSX and American indices dipped slightly on Tuesday, except Nasdaq which fell o.59% as earning season continued. Two food stocks got grilled. Beyond Meat was burned for 22.22% after restrictions on selling 80% of it shares was lifted on […]
While the TSX closed flat on Monday, New York indices were way up, with the S&P cracking a new intra-day high at the opening bell and the Nasdaq closing 1.01% higher. American investors were feeling confident after Trump told reporters […]
The Nasdaq 100 closed Friday week at an all-time high. In fact, all the major indices in New York and Toronto gained for the week as earnings nudged markets higher as geopolitics took a rest. The Nasdaq rose the highest, […]
The Nasdaq popped 0.81% Thursday as the other New York indices struggled to go positive. (The TSX was modestly green.) The Nasdaq was fueled by a surprise Q3 profit report by Tesla, which soared 17.67% by day’s end. Facebook started […]
Though newly re-elected Prime Minister Justin Trudeau vowed to forge ahead with the TransMountain pipeline, crude-by-rail has driven the rail stocks higher in the past year. However, on Wednesday, CN Rail said it was lowering its guidance for 2019 due […]
The TSX’s reaction to the Canadian election was muted. The vote was supposed to be too close to call, but wound up being a Liberal minority soon after polls closed E.S.T. Toronto and New York indices were modestly in the […]
With any luck, Canadian voters will know who the federal government is by the time you read this newsletter. Like the World Series, this race is too close to call. The choice could have a major impact on depressed oil […]
Toronto and New York indices closed Friday in the red with the Dow falling the most, nearly 1%. China issued its weakest GDP numbers since 1992 which spooked investors before the opening bell and set the tone for the rest […]
American markets closed Thursday modestly up while the TSX finished flat, though materials rose over 1%. Today marks the one-year anniversary of legal pot in Canada, a difficult year, but a new era of edibles begins today. Industry leader Canopy […]
Wednesday markets were slightly down to reflect a mixed trading session. As America and China draft phase one of their trade agreement, attention has shifted to good, ole-fashioned data. U.S. retail sales declined 0.3% in September, posting the first drop […]
