{"id":140914,"date":"2020-01-17T22:11:56","date_gmt":"2020-01-17T22:11:56","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=140914"},"modified":"2020-01-18T13:27:06","modified_gmt":"2020-01-18T13:27:06","slug":"market-inch-up-to-record-highs-to-end-historic-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/market-inch-up-to-record-highs-to-end-historic-week\/","title":{"rendered":"Market inch up to record highs to end historic week"},"content":{"rendered":"<hr \/>\n<table cellpadding=\"10\" align=\"center\">\n<tbody style=\"padding: 10px; font-family: Helvetica, Arial;\">\n<tr align=\"center\">\n<td align=\"center\"><center>This week, you missed Past Top Picks comments by <a href=\"https:\/\/stockchase.com\/expert\/view\/1\/Brian-Acker-CA\">Brian Acker<\/a> including <a href=\"https:\/\/stockchase.com\/XOM-N\">Exxon Mobil<\/a> (<strong>A Top Pick Feb 08\/19, Down 3%<\/strong>) <strong><a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-text\">Get Premium<\/a> to receive all past top picks opinions a few hours before market open.<\/strong><br \/>\n<a href=\"https:\/\/stockchase.com\/premium\/?utm_e-top-promo-top-picks-image\"><img decoding=\"async\" class=\"alignnone size-full wp-image-123205\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2019\/11\/premium-button.png\" alt=\"Get Premium\" width=\"289\" height=\"48\" \/><\/a><\/center><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>Markets in New York and Toronto inched up Friday to close at record highs and to cap off an historic week. It was historic because phase one of the China-US trade was signed, and the U.S. Senate passed the USMCA deal (aka the new NAFTA). After a relatively quiet day of trading, the S&amp;P and Nasdaq rallied in the dying minutes of Friday&#8217;s session to close a third-of-percentage point higher.<\/p>\n<p>No surprise that tech stocks led the charge, with names like <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> rallying 2.33%, and Activision Blizzard and <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast<\/a> both rising 1.34%. The latter rose on news that it will launch a streaming service, cutely named <a href=\"https:\/\/www.marketwatch.com\/story\/comcast-announces-peacock-streaming-service-with-free-subscription-options-2020-01-16\" target=\"_blank\" rel=\"noopener\">Peacock<\/a>. Elsewhere, hardware stocks rose on news that U.S. housing starts soared 16.9% last month, the highest in 13 years. <a href=\"https:\/\/stockchase.com\/HD-N\">Home Depot<\/a> surged 1.35% and <a href=\"https:\/\/stockchase.com\/LOW-N\">Lowe&#8217;s<\/a> 2.59%.<\/p>\n<p>However, outperforming them all, the TSX broke 17,500 to close 0.42% high in yet another record close. Cannabis and minerals continued to their 2020 run. In fact, every sector except energy (even though crude oil ticked up) showed healthy gains Friday. The biggest gainers included <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power<\/a>, shooting up 9.31%, Supreme Cannabis by 9.09%, and <a href=\"https:\/\/stockchase.com\/IFP-T\">Interfor<\/a> by 8.4%. Amid all the euphoria, more investors are asking, &#8220;How long will this bull run last?&#8221;<\/p>\n<p>&#x1f4bf; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices<\/a> +2.33%<br \/>\n&#x1f3ae; <a href=\"https:\/\/stockchase.com\/ATVI-Q\">Activision Blizzard<\/a> +1.34%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/CMCSA-Q\">Comcast Corp<\/a> +1.34%<br \/>\n&#x1f528; <a href=\"https:\/\/stockchase.com\/HD-N\">Home Depot<\/a> +1.35%<br \/>\n&#x1f9f1; <a href=\"https:\/\/stockchase.com\/LOW-N\">Lowes Companies Inc.<\/a> +2.59%<br \/>\n&#x1f527; <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power Systems<\/a> +9.31%<br \/>\n&#x1f33f; Supreme Cannabis Company, Inc. +9.09%<br \/>\n&#x1f333; <a href=\"https:\/\/stockchase.com\/IFP-T\">Interfor Corp<\/a> +8.40%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Brian Acker including Exxon Mobil (A Top Pick Feb 08\/19, Down 3%) Get Premium to receive all past top picks opinions a few hours before market open. Markets in New York [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":345019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-140914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/140914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=140914"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/140914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/345019"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=140914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=140914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=140914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}