{"id":191906,"date":"2020-10-02T18:00:12","date_gmt":"2020-10-02T22:00:12","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=191906"},"modified":"2020-10-03T08:28:58","modified_gmt":"2020-10-03T12:28:58","slug":"trump-catches-covid-markets-sell","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/trump-catches-covid-markets-sell\/","title":{"rendered":"Trump catches Covid, markets sell"},"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\/1362\/Cameron-Hurst\">Cameron Hurst<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/AMLP-N\">Alerian MLP ETF<\/a> (<strong>A Top Pick Oct 16\/18, Down 9%<\/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>Just days after what many regard as the worst U.S. presidential debate ever, <a href=\"https:\/\/www.cp24.com\/world\/trump-says-he-and-first-lady-have-tested-positive-for-covid-19-1.5129417\" target=\"_blank\" rel=\"noopener\">Trump<\/a> has caught <a href=\"https:\/\/globalnews.ca\/news\/7374552\/totally-under-control-movie-trailer-covid-19-donald-trump\/\" target=\"_blank\" rel=\"noopener\">Covid<\/a>. Futures took a sharp turn down early Friday morning when the news hit. Initial reports stated that Trump and his wife are suffering mild, cold-like symptoms, but the prognosis gave the markets chills.<\/p>\n<p>Tech bore the brunt of sustained selling, with the Nasdaq closing -2.22% and the S&amp;P less than half that. Only the Dow popped into positive territory throughout the session, though it ultimately sold off to finish -0.48%. Notably, the <a href=\"https:\/\/stockchase.com\/RUS-T\">Russell<\/a> 2000 small-cap index finished positive at 0.53%. Markets are still hoping for a stimulus package out of Washington. Despite all this uncertainty, the Nasdaq closed higher this week by over 150 points.<\/p>\n<p>In Canada, the TSX closed essentially flat, at 0.09%. <a href=\"https:\/\/stockchase.com\/BPF.UN-T\">Boston Pizza<\/a> announced it was resuming its dividend and soared 43%. Several energy names bounced back Friday, such as <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion<\/a>, up 5.69% and <a href=\"https:\/\/stockchase.com\/HSE-T\">Husky<\/a>, rising 3%. <a href=\"https:\/\/stockchase.com\/SU-N\">Suncor<\/a> announced major <a href=\"https:\/\/finance.yahoo.com\/news\/canadas-suncor-energy-cut-15-173845907.html\" target=\"_blank\" rel=\"noopener\">layoffs<\/a>, but edged up 2.9%. Actually, the price of WTI slid 4.5% and WCS by 2.6%. Elsewhere, <a href=\"https:\/\/stockchase.com\/CGX-T\">Cineplex<\/a>&#8216;s woes continued, slipping 8.23% while tech names <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> lost over 2% and <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes<\/a> Systems fell over 3%. In tech, tech was the biggest laggard, down 1.28%, while energy and financials rallied around 1%.<\/p>\n<p>&#x1f451; <a href=\"https:\/\/stockchase.com\/RUS-T\">Russel Metals<\/a> +0.53%<br \/>\n&#x1f355; <a href=\"https:\/\/stockchase.com\/BPF.UN-T\">Boston Pizza Royalties<\/a> +43%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy Inc<\/a> +5.69%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/HSE-T\">Husky Energy<\/a> +3%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/SU-N\">Suncor Energy<\/a> +2.9%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/CGX-T\">Cineplex Inc<\/a> -8.23%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.<\/a> -2%<br \/>\n&#x1f4a8; <a href=\"https:\/\/stockchase.com\/DSG-T\">Descartes<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Cameron Hurst\u00a0including Alerian MLP ETF (A Top Pick Oct 16\/18, Down 9%) Get Premium to receive all past top picks opinions a few hours before market open. Just days after what [&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-191906","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\/191906","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=191906"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/191906\/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=191906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=191906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=191906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}