{"id":188854,"date":"2020-09-11T19:54:47","date_gmt":"2020-09-11T23:54:47","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=188854"},"modified":"2020-09-12T08:43:33","modified_gmt":"2020-09-12T12:43:33","slug":"markets-end-a-rocky-week-mixed","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-end-a-rocky-week-mixed\/","title":{"rendered":"Markets end a rocky week mixed"},"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\/1178\/Hap-Robert-Sneddon-FCSI\">Hap Robert Sneddon<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/company\/view\/503\/FTS-T\">Fortis Inc.<\/a> (<strong>A Top Pick Mar 22\/19, Up 13%<\/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>Though it was a shortened trading week, markets saw no shortage of drama as tech sold off Tuesday and tried to bounce back after. The Friday session was generally positive, but still mixed with the Nasdaq closing -0.6%, or 10% below its all-time high, and suffering its worst week since March.<\/p>\n<p>The other major American indices were up but only modestly, the Dow at 0.48% and the S&amp;P at 0.05%. Transports continued to show strength with <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> rallying 3.72%. <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> enjoyed a 3.97% gain and <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike<\/a> surged 3.21%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">AMD<\/a> slid 3.34%, <a href=\"https:\/\/stockchase.com\/company\/view\/6053\/BYND-Q\">Beyond Meat<\/a> sold off 5.7% and <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">Salesforce<\/a> declined 4.7%. The biggest surprise was <a href=\"https:\/\/finance.yahoo.com\/news\/peloton-new-highs-q4-earnings-and-revenue-202044922.html\" target=\"_blank\" rel=\"noopener\">Peloton<\/a>. Despite posting a terrific Q4, beating earnings and announcing its first-ever profit, the <a href=\"https:\/\/stockchase.com\/company\/view\/6366\/PTON-Q\">Peloton<\/a> home-cycling stock fell 4.23%.<\/p>\n<p>In Toronto, the TSX closed respectably 0.24% higher, led by industrials and consumer staples, though tech lagged. Mining and gold stocks glittered though. One of the biggest winners was <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources<\/a>, leaping 10.72%. On the flipside, cannabis names struggled with <a href=\"https:\/\/stockchase.com\/company\/view\/5334\/OGI-X\">Organigram<\/a> down 6%. Among the headlines was <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed<\/a>, which debuted on the NYSE Friday, but closed -4.09%, and in Toronto -4.35%. Oil stabilized, but gold inched down 0.75% by closing.<\/p>\n<p>&#x1f690; <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> +3.72%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> +3.97%<br \/>\n&#x1f45f; <a href=\"https:\/\/stockchase.com\/company\/view\/868\/NKE-N\">Nike Inc<\/a> +3.21%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices<\/a> -3.34%<br \/>\n&#x1f969; <a href=\"https:\/\/stockchase.com\/company\/view\/6053\/BYND-Q\">Beyond Meat Inc.<\/a> -5.70%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/company\/view\/2351\/CRM-N\">SalesForce.com Inc.<\/a> -4.70%<br \/>\n&#x1f6b2; <a href=\"https:\/\/stockchase.com\/company\/view\/6366\/PTON-Q\">Peloton Interactive<\/a> -4.23%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources Ltd. (B)<\/a> +10.72%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5334\/OGI-X\">Organigram Holdings<\/a> -6%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/6014\/LSPD-T\">Lightspeed POS<\/a> -4.35%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Hap Robert Sneddon\u00a0including Fortis Inc. (A Top Pick Mar 22\/19, Up 13%) Get Premium to receive all past top picks opinions a few hours before market open. Though it was a [&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-188854","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\/188854","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=188854"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/188854\/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=188854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=188854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=188854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}