{"id":177072,"date":"2020-07-01T01:13:02","date_gmt":"2020-07-01T01:13:02","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=177072"},"modified":"2020-07-01T15:04:22","modified_gmt":"2020-07-01T15:04:22","slug":"tech-and-gold-drive-the-end-of-wild-q2","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tech-and-gold-drive-the-end-of-wild-q2\/","title":{"rendered":"Tech and gold drive the end of wild Q2"},"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\/101\/Benj-Gallander\">Benj Gallander<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/PGF-T\">Pengrowth Energy<\/a> (<strong>A Top Pick Jun 21\/17, 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>Tech and gold stocks pushed markets higher on Tuesday to end an historic Q2. The Nasdaq rose 1.87% and soared 40% in the second quarter as investors piled into FAANG stocks and their tech cousins. The spring lockdown powered stay-at-home stocks including <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a>, which climbed nearly 3% during the day&#8217;s session, and chipmaker <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron<\/a>, up 4.83% after an <a href=\"https:\/\/finance.yahoo.com\/news\/micron-shares-pop-earnings-revenue-151119378.html\" target=\"_blank\" rel=\"noopener\">earnings beat<\/a>. E-car giant <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> continued to roar, popping almost 7%. In Toronto, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> continued its astonishing run, rallying 2.12%.<\/p>\n<p>Wall Street enjoyed its best Q2 since 1998 after rebounding from the March 23 trough when the pandemic paralyzed North America. On Tuesday, the S&amp;P gained 1.53% and the Dow was up 0.84% on Tuesday. After-hours, <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> reported a huge <a href=\"https:\/\/www.benzinga.com\/news\/earnings\/20\/06\/16457194\/fedex-trades-higher-on-q4-earnings-beat\" target=\"_blank\" rel=\"noopener\">earnings<\/a> beat and soared 13% after rising another 4.21% during the day.<\/p>\n<p>The TSX Tuesday climbed 1%, powered by gold, which touched $1,800\/ounce during the session. Materials in Toronto jumped 2%, and\u00a0 shiny rocks monopolized the TSX&#8217;s best-performers, such as <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals<\/a> (7.31%) and <a href=\"https:\/\/stockchase.com\/PAAS-T\">Pan American Silver<\/a> 6.62%. Though the price of oil bounced back after plunging to an historic negative in April, energy names still need to recover from pre-Covid levels, and is keeping the TSX 10% off its former level. However, the Toronto index closed above 15,500 to end Q2.<\/p>\n<p>Enjoy a safe and happy Canada Day!<\/p>\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com<\/a> +3%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/MU-Q\">Micron Technology<\/a> +4.83%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc<\/a> +7%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.<\/a> +2.12%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> +4.21%<br \/>\n&#x1f451; <a href=\"https:\/\/stockchase.com\/HBM-T\">Hudbay Minerals Inc.<\/a> +7.31%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/PAAS-T\">Pan American Silver<\/a> +6.62%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Benj Gallander\u00a0including Pengrowth Energy (A Top Pick Jun 21\/17, Down 42%) Get Premium to receive all past top picks opinions a few hours before market open. Tech and gold stocks pushed [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"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-177072","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\/177072","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=177072"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/177072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=177072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=177072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=177072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}