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Tech leads Friday slide

The post-U.S. election rally was definitely over by Friday with all major indices on Wall Street selling sharply. Tech, which rallied the most after the vote, sank the most during the session and week. The Nasdaq closed the day -2.24% […]

TSX hits high, Wall Street slumps

The TSX traded above 25,000 for all of Thursday and ended the session with a new closing high. The Canadian index rose 0.22%, led by energy, but lagged by tech. Major movers: Atkins Realis Group leapt 15.67%, Paramount Resources 15.32%, […]

TSX hits high, Wall Street flat

As the post-election rally faded in the U.S., the TSX climbed 0.26% higher on Wednesday to make a new closing high. It was just shy of 25,000, led by outsized gains in tech stocks. Actually, only four of 11 sectors […]

Shopify leads TSX to 25,000, Wall St. fades

Shopify reported a blow-out quarter that helped lift the TSX to 25,000 Tuesday morning. The TSX closed below that mark, but still notched a 0.54% gain. Nearly all sectors lost ground as materials and energy led the laggards, though. Shopify […]

Markets both high and flat

The post-US election rally continued into the new week, though only partially. The Dow rose another 0.68% or 300 points to a new high of almost 44,300 while the TSX advanced 0.12% nearly its own new high. TSX sectors were […]
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Top 5 Energy Stocks To Watch in 2021

Melisa R. H. Posted On January 6, 2021
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Energy saw a recovery later in the year as demand outpaced supply. The sector has been hit by negative sentiments towards traditional energy and perceived non-ESG friendliness. The Biden presidency is a headwind in some regards, but existing energy infrastructure will become more valuable. There has been consolidation in the sector. Many companies in the sector offer high yield and stable dividends.

Here are the top 5 energy stocks to watch in 2021:

1.-MEG Energy Corp (MEG-T)

MEG Energy Corp (MEG-T) — Stockchase
MEG Energy Corp (MEG-T) — Stockchase

Buy on pullback? Looks good. He got a weekly buy on this 2 weeks ago, and a monthly buy would be more substantial (the more you go out, the better it is.) Short term, hitting resistance. Once it gets through $28.40, it will probably play out with what he sees in the longer-term charts, which…
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2.-Tourmaline Oil Corp (TOU-T) 
Tourmaline Oil Corp (TOU-T) — Stockchase
Tourmaline Oil Corp (TOU-T) — Stockchase

You get your dividend. A great company that's well-managed. Prefers ARC a little more. Natural gas looks great in Canada and abroad, to be driven by strong demand and the LNG terminal that will open. 
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3.-Enbridge (ENB-T)
Enbridge (ENB-T) — Stockchase
Enbridge (ENB-T) — Stockchase

Excellent asset base - very had to replicate. Consistent dividend increases. Cheap valuation given cash flow abilities. Company will perform well regardless of economy. Has a long history of quality dividends. Portfolio of growth projects for the next 5 years. 
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4.-Canadian Natural Rsrcs (CNQ-T)
Canadian Natural Rsrcs (CNQ-T) — Stockchase
Canadian Natural Rsrcs (CNQ-T) — Stockchase

CNQ vs. SU He doesn't generally participate in the E&P space, as it's hard to make decisions based on the underlying commodity price. Bigger picture, still huge demand for Canadian oil and gas on world markets. EVs won't take over anytime soon.Very strong operations. Very focused on shareholders by returning $$ to them and paying…
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5.-Suncor Energy Inc (SU-T)
Suncor Energy Inc (SU-T) — Stockchase
Suncor Energy Inc (SU-T) — Stockchase

SU vs. CNQ He doesn't generally participate in the E&P space, as it's hard to make decisions based on the underlying commodity price. Bigger picture, still huge demand for Canadian oil and gas on world markets. EVs won't take over anytime soon.SU had been an underperformer and a laggard. Management changes have resulted in turning…
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