After scaling highs last week, markets on Monday in Toronto and New York eased back a bit on a relatively quiet Monday. Relative, because economic reports, an interest rate policy update from the U.S. Fed, the U.K. election vote and […]
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 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 […]
North American markets gained on Thursday, stopping this week’s sell-off…for now. American American indices, the Nasdaq recovered the most, finishing up 1.12% at 7,872. In contrast, the TSX modestly rose 0.36% to 16,309. Notable gainers showing resilience during this week’s […]
Sideways. Flat. Don’t buy. Hold. Range-bound. Sell. No, I’m not talking about oil stocks. I’m talking about banks, both Canadian and American. Nobody has said anything, but the banks have crept up this month. Royal Bank, for instance, has just […]
The U.S. Fed followed script yesterday and cut interest rates by 25 basis points. American indices took the news calmly, closing only 0.20-o.25% lower. Investors like Gordon Reid were relieved to hear Fed Chair Jerome Powell vow to not cut […]
After oil soared 14% on Monday in reaction to the attack that shut down Saudi oil production, it gave back some of those record gains Tuesday after the Saudis will draw on their reserves to keep their exports stable. By […]
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