{"id":189280,"date":"2020-09-15T20:13:24","date_gmt":"2020-09-16T00:13:24","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=189280"},"modified":"2020-09-16T08:42:10","modified_gmt":"2020-09-16T12:42:10","slug":"sales-data-propels-gains","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/sales-data-propels-gains\/","title":{"rendered":"Sales data propels gains"},"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 Hap <a href=\"https:\/\/stockchase.com\/expert\/view\/137\/Josef-Schachter\">Josef Schachter<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/company\/view\/5484\/IPO-T\">InPlay Oil Corp<\/a> (<strong>A Top Pick Oct 09\/18, Down 55%<\/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>North American markets rose Tuesday on surprise news that <a href=\"https:\/\/www.cnbc.com\/2020\/09\/15\/chinas-retail-sales-rise-for-the-first-time-in-2020.html\" target=\"_blank\" rel=\"noopener\">Chinese<\/a> spending increased 0.5% year-over-year in August. The modest increase is significant because it is the first retail sales rise in China for 2020. Sales in the first eight months were 8.6% compared to a year ago. The Nasdaq climbed 1.21%, the S&amp;P rose 0.52%, though the Dow was flat.<\/p>\n<p>Tech names gained, such as <a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix<\/a> at 4.14%, though financials and industrials were the weakest components on the Dow. <a href=\"https:\/\/stockchase.com\/company\/view\/680\/JPM-N\">JPMorgan<\/a> fell 3.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> slid 3.2%. Gold was flat, though the price of WTI and WCS each climbed by a dollar.<\/p>\n<p>Positive news helped push the TSX up 0.43%, led by real estate and telcos. Canadian <a href=\"https:\/\/www.reuters.com\/article\/us-canada-stocks-idCAKBN26624R\" target=\"_blank\" rel=\"noopener\">factory<\/a> sales rose for a third straight month, based on a 7% rise in from June to July. By the afternoon, Washington was pulling 10% tariffs on <a href=\"https:\/\/www.cbc.ca\/news\/politics\/aluminum-tariffs-trade-trump-trudeau-1.5724391\" target=\"_blank\" rel=\"noopener\">aluminum<\/a> against its traditional ally, Canada, and in turn Ottawa did not impose retaliatory measures. The surprise decision comes on the heels of the WTO ruling that <a href=\"https:\/\/www.cbc.ca\/news\/business\/wto-china-tariffs-us-1.5724881\" target=\"_blank\" rel=\"noopener\">Trump<\/a>&#8216;s tariffs against China were illegal. In Toronto, energy showed weakness again, but only -0.39%. Oil names were among the most heavily traded with <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor<\/a> slipping 1.12%, but <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources<\/a> rallying 4.1%. Meanwhile, green energy and utilities enjoyed healthy gains. <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power<\/a>, a volatile name, bounced 5.62% while <a href=\"https:\/\/stockchase.com\/company\/view\/876\/NPI-T\">Northland Power<\/a> surged 5.22%.<\/p>\n<p>&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/2191\/NFLX-Q\">Netflix Inc.<\/a> +4.14%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/680\/JPM-N\">JP Morgan Chase &amp; Co<\/a> -3.11%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/214\/CAT-N\">Caterpillar<\/a> -3.2%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1176\/SU-T\">Suncor Energy Inc<\/a> -1.12%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources<\/a> +4.11%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power Systems<\/a> +5.62%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/company\/view\/876\/NPI-T\">Northland Power Inc<\/a> +5.22%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Hap Josef Schachter\u00a0including InPlay Oil Corp (A Top Pick Oct 09\/18, Down 55%) Get Premium to receive all past top picks opinions a few hours before market open. North American markets [&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-189280","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\/189280","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=189280"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/189280\/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=189280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=189280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=189280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}