{"id":192980,"date":"2020-10-09T18:20:18","date_gmt":"2020-10-09T22:20:18","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=192980"},"modified":"2020-10-10T09:34:42","modified_gmt":"2020-10-10T13:34:42","slug":"stimulus-hopes-fuel-positive-end-to-week","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/stimulus-hopes-fuel-positive-end-to-week\/","title":{"rendered":"Stimulus hopes fuel positive end to week"},"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\/137\/Josef-Schachter\">Josef Schachter<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/SGY-T\">Surge Energy Inc<\/a> (<strong>A Top Pick Nov 19\/18, Down 30%<\/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>U.S. investors continue to be optimistic that Washington will eventually deliver a much-needed stimulus aid package. The indices, both large- and small-caps, rallied Friday to close a choppy, but positive week. The Nasdaq gained the most at 1.39%, indicating that big tech names are back in the driver&#8217;s seat.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/EBAY-Q\">Ebay<\/a> spiked 6.47% Friday. However, the broad-based S&amp;P finished 0.88% higher Friday and 3.7% for the week. For instance, the <a href=\"https:\/\/stockchase.com\/GPS-N\">Gap<\/a> jumped 8% for the week. Meanwhile, the Dow is now positive for 2020 after moving up 0.57% Friday. Overall, American stocks have returned to Sept. 2 levels, and volatility has receded. That said, volumes were lighter on buy days this past week.<\/p>\n<p>There was less optimism in Canada with the TSX rising only 0.18% though it gained 2.22% for the week. The big news in Toronto was the leap in gold prices by 1.7% (crude oil fell by as much). <a href=\"https:\/\/stockchase.com\/ELD-T\">Eldorado Gold<\/a> soared 10% while <a href=\"https:\/\/stockchase.com\/SIL-T\">Silvercrest Metals<\/a> and <a href=\"https:\/\/stockchase.com\/DPM-T\">Dundee Precious Metals<\/a> leapt 9%. A rash of other gold and precious metals names closely followed. <a href=\"https:\/\/finance.yahoo.com\/news\/iiroc-trading-halt-ryu-120600128.html\" target=\"_blank\" rel=\"noopener\">MTY<\/a> Food&#8217;s Q3 report excited investors who lifted it by 15.57%. Meanwhile, <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power<\/a> surged 6%. Materials and tech stocks saw decent gains, while other sectors. For now, the market is looking beyond the increase in Covid cases in places like Toronto.<\/p>\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/EBAY-Q\">eBay Inc<\/a> +6.47%<br \/>\n&#x1f455; <a href=\"https:\/\/stockchase.com\/GPS-N\">Gap<\/a> +8%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/ELD-T\">Eldorado Gold<\/a> +10%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/SIL-T\">SilverCrest Metals Inc<\/a> +9%<br \/>\n&#x1f451; <a href=\"https:\/\/stockchase.com\/DPM-T\">Dundee Precious Metals Inc.<\/a> +9%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/MTY-T\">MTY Food Group<\/a> +15.57%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power Systems<\/a> +6%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Josef Schachter\u00a0including Surge Energy Inc (A Top Pick Nov 19\/18, Down 30%) Get Premium to receive all past top picks opinions a few hours before market open. U.S. investors continue to [&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-192980","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\/192980","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=192980"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/192980\/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=192980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=192980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=192980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}