Stockchase-logo
Track Stocks Watchlist
Top Picks Today
=iconClose Home All Opinions Top Picks Stocks Experts Top Experts Panic-proof Top 100 Stocks Monthly gems News
Watchlist Track Stocks
Top Picks Today
Home » Daily

TSX hits new high, Wall St. waits

Allan Tong Posted On June 15, 2021
0
0
Shares
  • Share On Facebook
  • Tweet It


This week, you missed Past Top Picks comments by Stephen Takacsy, including Swiss Water Decaf Coffee (A Top Pick Jun 03/19, Down 48%) Get Premium to receive all past top picks opinions a few hours before market open.
Get Premium

On Tuesday, the TSX hit a new high by climbing 0.37% to 20,231. Fueling the rally was oil again as the price of WTI rose nearly 2% above $72 per barrel and WCS rising almost 1% past $57. Telecoms and financials also rallied in Toronto while healthcare and materials slipped.

Meg Energy jumped 5.62% and Vermilion 4.94%. Spin Master rallied 4.62% while Shopify expanded its e-commerce relationships with Google and Facebook, and their shares rose 1.66%. Aritzia announced it was expanding into menswear and its shares moved 1.47%.

Energy names also enjoyed strong gains as Marathon Oil surged 3.13% and Diamondback Energy jumped 5.15%. Despite that, the Dow closed -0.27%, the S&P -0.29% and the Nasdaq -0.71%. Wall Street continues to wait for the Fed’s Jerome Powell to comment on the economy on Wednesday as inflation and the spectre of rising interest rates continue to nag American investors. The Dow components were down except for oil. Freeport-McMoran shed 4.74%, Tesla skidded nearly 3% while videogame stocks fizzled, like Take Two Interactive, down 4.36%. In contrast, transports like FedEx advanced 2.15%. Gold lost a few dollars and was essentially flat for the day. Finally Bitcoin inched up nearly 1% to top $40,000.

🛢 MEG Energy Corp +5.62%
🛢 Vermilion Energy Inc +4.94%
🧸 Spin Master Corp +4.62%
🛍 Shopify Inc. +1.66%
👗 Aritzia Inc. +1.47%
🛢 Marathon Gold Corp +3.13%
🛢 Diamondback Energy +5.15%
⛏ Freeport McMoran Copper & Gold -4.74%
🚗 Tesla Motors Inc -3%
🎮 Take-Two Interactive Softwar -4.36%
🚚 FedEx +2.15%
🅱 The Bitcoin Fund +1%

0
Shares
  • Share On Facebook
  • Tweet It




Trending Now
This Week's Stock Picks & BNN Top Picks Summary: SLF-T, TA-T and 19 Stock and 1 ETF Top Picks (Apr 25-May 01)
Melisa R. H. May 2, 2025
Weekly 52-Week Low (or 52-Week High): DPM-T, III-T, SOY-T, IPO-T and More 52-Week Highs and Lows (Apr 16-22)
Melisa R. H. April 23, 2025
U.S. markets dip, but Powell reassures Wall St.
Read Next

U.S. markets dip, but Powell reassures Wall St.

  • logo

    We’re fintech passionates that reinvest almost all our revenues into the development of Stockchase and Wealthica. We hope you enjoy Stockchase and join Premium!

  • Top Reviews

    • Questrade Review: Pros & Cons of Trading with Questrade Canada (2023)
      8.5
    • The Ugly Truth About Identity Theft – Free Credit Report
      7
    • Questrade vs Others | The Review Competitors Don’t Want you to Read (2023)
  • Popular Posts

    • This Week's Stock Picks & BNN Top Picks Summary: SLF-T, TA-T and 19 Stock and 1 ETF Top Picks (Apr 25-May 01)
    • Weekly 52-Week Low (or 52-Week High): DPM-T, III-T, SOY-T, IPO-T and More 52-Week Highs and Lows (Apr 16-22)
    • Most Anticipated Earnings: NGT-T, WCN-T and more Canadian Companies Reporting Earnings this Week (Apr 21-25)
  • Stock Lists

    • Unraveling 15 of the Best Natural Gas Stocks: A Canada-USA...
      November 10, 2023
    • 13 Recession-Proof Stocks for Portfolio Safety
      October 26, 2023
    • The Ultimate Top Drone Stocks List for Sky-High Returns...
      October 25, 2023
    • Top Hotel Stocks to Buy for your Growth Portfolio
      October 12, 2023
    • Which Brookfield Stock to Buy? BAM vs BN: the Inspiring...
      October 9, 2023



  • Stockchase neither recommends nor promotes any investment strategies.

    About us : Privacy & Terms : Contact us

© Stockchase Inc.
Press enter/return to begin your search