{"id":164420,"date":"2020-04-28T20:47:55","date_gmt":"2020-04-28T20:47:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=164420"},"modified":"2020-04-29T13:41:07","modified_gmt":"2020-04-29T13:41:07","slug":"toronto-up-new-york-down-amid-earnings-tuesday","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/toronto-up-new-york-down-amid-earnings-tuesday\/","title":{"rendered":"Toronto up, New York down amid earnings Tuesday"},"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\/1299\/James-Hodgins\">James Hodgins<\/a> including <a href=\"https:\/\/stockchase.com\/company\/view\/4968\/CPH-T\">Cipher Pharmeuticals<\/a> (<strong>A Top Pick Nov 27\/18, Down 42%<\/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>The TSX gained 1% during Tuesday&#8217;s session led by the energy sector, which popped 4.51% and telcos which gained 1.19%. Commodities enjoyed a strong Tuesday with <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources<\/a> soaring over 13%, <a href=\"https:\/\/stockchase.com\/company\/view\/5495\/VRML-Q\">Vermillion Energy<\/a> jumping 9.75%, <a href=\"https:\/\/stockchase.com\/company\/view\/2323\/WEF-T\">Western Forest Products<\/a> leaping 14.67% and <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFT-T\">West Fraser Timber<\/a> vaulting 13.76%. Since the March 23 bottom, the TSX has rallied over 31%, despite the oil crisis which still threatens this sector. On Tuesday, a barrel of WCS actually tumbled 22% to $5 though WTI edged down slightly.<\/p>\n<p>Earnings reports included a nice surprise from <a href=\"https:\/\/stockchase.com\/company\/view\/947\/PEP-Q\">Pepsi<\/a>, which reported a Q1 driven not purely by its beverage, but rather its snacks sales as consumers are hunkering down at home with the munchies. Pepsi popped 1.38%. In contrast, <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a>&#8216;s <a href=\"https:\/\/www.cnbc.com\/2020\/04\/28\/caterpillar-cat-earnings-q1-2020.html\" target=\"_blank\" rel=\"noopener\">Q1<\/a> fizzled due to a 21% decline in heavy equipment sales during this pandemic.<\/p>\n<p>Despite that, Caterpillar modestly gained 0.23%. After hours, <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Google\/Alphabet<\/a> reported that it topped Q1 revenue. <a href=\"https:\/\/www.thestreet.com\/investing\/alphabet-tops-q1-revenue-estimate?puc=yahoo&amp;cm_ven=YAHOO&amp;yptr=yahoo\" target=\"_blank\" rel=\"noopener\">Google <\/a>lost 3.31% on Tuesday, but regained it after the closing bell. New York indices actually headed south Tuesday, with the Nasdaq closing -1.4%, though the Dow suffered only a -0.13% decline. The mood on markets remains generally upbeat as talk continues of reopening various economies around the world.<\/p>\n<p>&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources Ltd.<\/a> +13%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1308\/VET-T\">Vermilion Energy Inc<\/a> +9.75%<br \/>\n&#x1f333; <a href=\"https:\/\/stockchase.com\/company\/view\/2323\/WEF-T\">Western Forest Products Inc.<\/a> +14.67%<br \/>\n&#x1f333; <a href=\"https:\/\/stockchase.com\/company\/view\/1342\/WFT-T\">West Fraser Timber<\/a> +13.76%<br \/>\n&#x1f964; <a href=\"https:\/\/stockchase.com\/company\/view\/947\/PEP-Q\">PepsiCo<\/a> -1.38%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> +0.23%<br \/>\n&#x1f9ee; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc. \/ Google<\/a> -3.31%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by James Hodgins including Cipher Pharmeuticals (A Top Pick Nov 27\/18, Down 42%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX gained 1% [&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-164420","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\/164420","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=164420"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/164420\/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=164420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=164420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=164420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}