{"id":181272,"date":"2020-07-28T22:02:32","date_gmt":"2020-07-28T22:02:32","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=181272"},"modified":"2020-07-29T13:20:05","modified_gmt":"2020-07-29T13:20:05","slug":"toronto-flat-new-york-declines-on-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/toronto-flat-new-york-declines-on-earnings\/","title":{"rendered":"Toronto flat, New York declines on earnings"},"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>\u00a0including <a href=\"https:\/\/stockchase.com\/company\/view\/321\/CSCO-Q\">Cisco<\/a> (<strong>A Top Pick Jul 17\/18, Up 37%<\/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 closed slightly in the red at -0.14% during light trading on Tuesday. Weed stocks continued to rally with <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy Growth<\/a> surging 14.77% and <a href=\"https:\/\/stockchase.com\/company\/view\/5210\/APHA-T\">Aphria<\/a> spiking 10.25%. Similarly, teal estate was the only sector to enjoy any real gains. <a href=\"https:\/\/stockchase.com\/company\/view\/2743\/AXUN-T\">Artis REIT<\/a> gained 3.29% and <a href=\"https:\/\/stockchase.com\/company\/view\/588\/HRUN-T\">H&amp;R REIT<\/a> rallied 3.16%.<\/p>\n<p>Venerable Canadian brand <a href=\"https:\/\/stockchase.com\/company\/view\/1037\/RET-T\">Reitmans<\/a> announced it was delisting, unable to endure the COVID-19 lockdown. Meanwhile, Canada Health said it would use the drug <a href=\"https:\/\/globalnews.ca\/news\/7224970\/health-canada-remdesivir-coronavirus\/\" target=\"_blank\" rel=\"noopener\">remdesivir<\/a>, made by <a href=\"https:\/\/stockchase.com\/company\/view\/3419\/GILD-Q\">Gilead<\/a>, to combat the most extreme cases of virus. However, it may be tricky to obtain the drug here, since the U.S. government has bought it the entire supply. <a href=\"https:\/\/stockchase.com\/company\/view\/3419\/GILD-Q\">Gilead<\/a> closed -1.09%.<\/p>\n<p>The Wednesday session was rockier south of the border, selling off towards the end of the session. The Dow closed -0.77%, the S&amp;P -0.64% and the Nasdaq -1.27%. Bellwether stocks Dow plunged over 3% and <a href=\"https:\/\/stockchase.com\/company\/view\/800\/MMM-N\">3M<\/a> fell 4.84% after reporting a Q2 plunge in demand for its industrial products. Also among the flurry of <a href=\"https:\/\/finance.yahoo.com\/news\/us-stocks-wall-st-pauses-200042633.html\" target=\"_blank\" rel=\"noopener\">earnings<\/a> Tuesday was <a href=\"https:\/\/stockchase.com\/company\/view\/761\/MCD-N\">McDonald&#8217;s<\/a> reporting <a href=\"https:\/\/www.nasdaq.com\/articles\/dow-jones-tries-to-bounce-back-after-mcdonalds-and-3m-report-weak-earnings-2020-07-28\" target=\"_blank\" rel=\"noopener\">mixed<\/a> results and tumbling 2.49%. In addition to Gilead, <a href=\"https:\/\/stockchase.com\/company\/view\/951\/PFE-N\">Pfizer<\/a> also announced news, that it was entering phase 2\/3 of its <a href=\"https:\/\/finance.yahoo.com\/news\/coronavirus-update-pfizer-starts-phase-3-trial-as-fauci-voices-optimism-on-vaccine-timeline-173341313.html\" target=\"_blank\" rel=\"noopener\">vaccine<\/a> tests. Meanwhile, WTI slipped over 1.5% in price while gold continued to make record highs, inching up 0.7% by the close.<\/p>\n<p>&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy Growth Corp.<\/a> +14.77%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5210\/APHA-T\">Aphria Inc<\/a> +10.25%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/2743\/AXUN-T\">Artis Real Estate Investment Trust<\/a> +3.29%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/588\/HRUN-T\">H&amp;R Real Estate Inv Trust<\/a> +3.16%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/3419\/GILD-Q\">Gilead Sciences Inc.<\/a> -1.09%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/800\/MMM-N\">3M Co.<\/a> -4.84%<br \/>\n&#x1f354; <a href=\"https:\/\/stockchase.com\/company\/view\/761\/MCD-N\">McDonalds<\/a> -2.49%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Brian Acker\u00a0including Cisco (A Top Pick Jul 17\/18, Up 37%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX closed slightly in the [&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-181272","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\/181272","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=181272"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/181272\/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=181272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=181272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=181272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}