Positive U.S. economic data fed markets in Toronto and New York to rally to fresh highs on Wednesday. The TSX closed at 17,100 while the Nasdaq jumped 0.66% to 8,705. American economic growth picked up a bit in Q3 while […]
The TSX closed Thursday flat again with utilities and banks enjoying healthy gains. Green energy producer, Northland Power, rose 1.23% to new high near $28. Similarly, Royal Bank, jumped to a new high of $109.16, and TD came close to […]
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 […]
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 […]
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 […]
Again, an update from the Stockchase team… The exclusion of past top picks in the newsletter makes some users unhappy. 😢 Past Top Picks are now part of the Premium Edition of the Daily Top Picks but you still can […]
Today, we tweaked the layout of the small trend chart to show the month label. We also added a 1d indicator to the stock price so everyone understands we are showing the 1d change. We noted the font size is […]
On Wednesday, the Dow, Nasdaq and S&P regained the ground they lost from Tuesday’s jittery session, and closed positive. The Nasdaq recovered the most, up 1.05% to finish 8,077. The TSX rallied in the last two hours of the session […]
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. […]
Your RRSP is your money garden: plant some stocks and ETFs, walk away and watch them grow. Maybe you have five or 45 years to contribute to your RRSP until you must convert it into a RRIF at age 71. […]
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