{"id":190339,"date":"2020-09-22T18:06:14","date_gmt":"2020-09-22T22:06:14","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=190339"},"modified":"2020-09-23T10:25:13","modified_gmt":"2020-09-23T14:25:13","slug":"markets-close-with-a-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-close-with-a-rally\/","title":{"rendered":"Markets close with a rally"},"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\/1385\/Jason-Del-Vicario\">Jason Del Vicario<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/company\/view\/4277\/FB-Q\">Facebook<\/a> (<strong>A Top Pick Sep 24\/18, 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>North American markets lacked a strong direction until the last few hours of Tuesday to close with a convincing rally. Again, tech led the charge as the Nasdaq finished 1.71% higher, while the S&amp;P gained over 1% and the Dow half that. Stocks rose despite the lack of a new stimulus bill from <a href=\"https:\/\/finance.yahoo.com\/news\/global-markets-dollar-rises-hawkish-204350419.html\" target=\"_blank\" rel=\"noopener\">Washington<\/a> and with Britain announcing new lockdown measures to restrict bars and restaurants.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a> was one of the biggest gainers, popping 5.69% after an analyst upgraded the e-commerce giant by predicting that it would outperform the market even after the pandemic. In contrast, <a href=\"https:\/\/finance.yahoo.com\/video\/battery-day-starts-low-note-204248094.html\" target=\"_blank\" rel=\"noopener\">Tesla<\/a> slumped 5.6% after Elon Musk&#8217;s tweets over production problems worried investors.<\/p>\n<p>The TSX rose 1% with consumer staples leading the charge, up 3.3%. Hungry investors pushed <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro<\/a> up 5.11% while <a href=\"https:\/\/stockchase.com\/company\/view\/5607\/FOOD-T\">Goodfood<\/a> extended its run, rising another 5.66%. <a href=\"https:\/\/www.investors.com\/news\/marijuana-stocks-aurora-cannabis-earnings-new-ceo\/?src=A00220&amp;yptr=yahoo\" target=\"_blank\" rel=\"noopener\">Aurora<\/a> <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Cannabis<\/a> soared 15.15% before announcing its Q4 results. But Wednesday morning could be a bummer for Aurora after reporting a quarterly after the closing bell a revenue drop. Tech, telcos and industrials also rallied. Clothiers <a href=\"https:\/\/stockchase.com\/company\/view\/5384\/ATZ-T\">Aritzia<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/2093\/GIL-T\">Gildan<\/a> both jumped well over 4%. Meanwhile, the price of WCS climbed 0.7% while WTI as well as gold were flat.<\/p>\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com<\/a> +5.69%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc<\/a> -5.60%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/company\/view\/814\/MRU-T\">Metro Inc (A)<\/a> +5.11%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/company\/view\/5607\/FOOD-T\">Goodfood Market Corp.<\/a> +5.66%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> +15.15%<br \/>\n&#x1f457; <a href=\"https:\/\/stockchase.com\/company\/view\/5384\/ATZ-T\">Aritzia Inc.<\/a> +4%<br \/>\n&#x1f455; <a href=\"https:\/\/stockchase.com\/company\/view\/2093\/GIL-T\">Gildan Activewear Inc.<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Hap Jason Del Vicario\u00a0including Facebook (A Top Pick Sep 24\/18, Up 13%) Get Premium to receive all past top picks opinions a few hours before market open. North American markets lacked [&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-190339","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\/190339","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=190339"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/190339\/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=190339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=190339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=190339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}