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Lower oil prices pushed the TSX down 0.54% to end the week. The price of WTI slid over 1% while WCS lost nearly 1%. Energy stocks sunk nearly 3% though materials lost ground by 2%. Financials were flat while industrials and telcos enjoyed modest gains Friday.<\/p>\n
The volatile Ballard Power Systems<\/a> was the biggest gainer at 7.65% while Paramount Resources<\/a> was among the losers, closing -8.71%. A slew of gold and silver names which have run up recently gave up some of those gains, like Kelt Exploration<\/a> at -7.91%. The price of gold inched down only slightly.<\/p>\n The week ended more positively on Wall Street as the IHS Markit Survey<\/a> showed that sales in manufacturing and services have snapped back to their highest levels since early 2019. Another U.S. report indicated that home sales rose at a record pace in July as prices struck all-time highs. This data contrasts sharply with the bump in unemployment claims released Thursday. Nonetheless, the numbers lifted all the major indices, with the Dow climbing as high as 0.69% and the S&P and Nasdaq making fresh highs. The biggest gainer was Apple<\/a>, rising 5.15% in heavy volumes last seen on July 31. Apple is now a US$2-trillion company<\/a> and trading just below $500. Outside of big tech, though, industrials, financials and energy saw a mixed session.<\/p>\n ⚡ Ballard Power Systems<\/a> +7.65% This week, you missed Past Top Picks comments by Gordon Reid\u00a0including CVS Health Corp (A Top Pick Aug 21\/18, Down 14%) Get Premium to receive all past top picks opinions a few hours before market open. Lower oil prices pushed […]<\/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-185741","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\/185741","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=185741"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/185741\/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=185741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=185741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=185741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛢 Paramount Resources<\/a> -8.71%
\n🛢 Kelt Exploration<\/a> -7.91%
\n🍎 Apple<\/a> +5.15%<\/p>\n","protected":false},"excerpt":{"rendered":"