{"id":193461,"date":"2020-10-13T18:52:52","date_gmt":"2020-10-13T22:52:52","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=193461"},"modified":"2020-10-14T07:50:30","modified_gmt":"2020-10-14T11:50:30","slug":"markets-edge-back-on-stimulus-vaccine-delays","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-edge-back-on-stimulus-vaccine-delays\/","title":{"rendered":"Markets edge back on stimulus, vaccine delays"},"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\/1\/Brian-Acker-CA\">Brian Acker<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/WBA-Q\">Walgreen Boots Alliance<\/a> (<strong>A Top Pick Nov 02\/18, Down 29%<\/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>A day after a strong rally, Wall Street on Tuesday gave back some of those gains after the long-awaited stimulus bill remains stalled in Washington. Other factors likely include some profit-taking from the recent run-up in stocks, particularly tech, and Johnson &amp; Johnson and Eli Lilly announcing a momentary pause in their tests for a <a href=\"https:\/\/www.ft.com\/content\/6ea4c5e4-abc8-4b7a-8fe2-64ad22ea3978\" target=\"_blank\" rel=\"noopener\">Covid<\/a> vaccine.<\/p>\n<p>The S&amp;P and Dow lost more than half a per cent, while the Nasdaq fluttered between positive and negative until it closed -0.10%. <a href=\"https:\/\/stockchase.com\/JNJ-N\">JNJ<\/a> closed -2.29% while <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> shed 2.65% even though it unveiled its much-hyped <a href=\"https:\/\/finance.yahoo.com\/video\/apple-announces-iphone-12-5g-174443198.html\" target=\"_blank\" rel=\"noopener\">iPhone<\/a> 12 (first 5G phone) on Tuesday. In contrast, investors applauded Disney&#8217;s announcement late Monday that it will undergo a massive <a href=\"https:\/\/finance.yahoo.com\/news\/walt-disney-announces-reorganization-focus-213627157.html\" target=\"_blank\" rel=\"noopener\">restructuring<\/a> to focus on streaming content. The news follows the ongoing effect of Covid and the demands of an activist investor who pushed the company in this direction. <a href=\"https:\/\/stockchase.com\/DIS-N\">Disney<\/a> popped 3.19% in volumes twice as heavy as usual.<\/p>\n<p>The TSX returned to business after Thanksgiving, but materials dragged the index down as oil and copper prices sagged, even though WTI and WCS crude both gained 1.9% and 1.2% respectively. <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion<\/a> shed nearly 5%. In contrast, <a href=\"https:\/\/finance.yahoo.com\/news\/transat-shares-climb-nearly-30-165233849.html\" target=\"_blank\" rel=\"noopener\">Air Transat<\/a> soared a full dollar or 26% after Air Canada announced on the weekend a $5 per share takeover offer. Industrials and telcos showed strength. Also high were cannabis stocks, including <a href=\"https:\/\/stockchase.com\/APHA-T\">Aphria<\/a>, jumping 6.24%, and tech turnaround story, <a href=\"https:\/\/stockchase.com\/BB-T\">Blackberry<\/a> up 8.84%<\/p>\n<p>&#x1f48a; <a href=\"https:\/\/stockchase.com\/JNJ-N\">Johnson &amp; Johnson<\/a> -2.29%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -2.65%<br \/>\n&#x1f478; <a href=\"https:\/\/stockchase.com\/DIS-N\">Walt Disney<\/a> +3.19%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy Inc<\/a> -5%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/TRZ-T\">Transat AT Inc.<\/a> +26%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/APHA-T\">Aphria Inc<\/a> +6.24%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/BB-T\">BlackBerry<\/a> +8.84%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Brian Acker\u00a0including Walgreen Boots Alliance (A Top Pick Nov 02\/18, Down 29%) Get Premium to receive all past top picks opinions a few hours before market open. A day after 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-193461","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\/193461","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=193461"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/193461\/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=193461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=193461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=193461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}