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, […]
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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 […]
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American markets fell Tuesday upon news of impeachment against Trump. The White House is shrugging off the latest development as “nothing new,” but shortly after Tuesday’s closing bell, House Speaker Nancy Pelosi announced the launch of a formal impeachment inquiry. […]
The week’s winners and losers: Winner: Canada. The TSX made a new all-time high Friday, closing at 16,899 and gaining 1.3% for the week. Surprisingly, two dark-horse sectors propelled this rise: banks and oil. Last weekend’s attacks shutting down Saudi’s […]
Fingers crossed. September is the worst month for stocks. Since World War Two, the S&P 500 has fallen 55% of the time in September. I needn’t remind investors of 2008. But in the last three weeks, the TSX is not […]