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A day after Monday’s sell-off, markets stabilized Tuesday, though mixed earnings, the second wave of Covid cases and the unlikelihood of seeing U.S. stimulus before the Nov. 3 presidential vote pushed markets into the red by the close. The Dow shed 0.8%, the S&P lost 0.3% and the TSX slipped 0.36%.\u00a0 Investors fell back on tech as the Nasdaq rose 0.64% and ahead of earnings from mega-tech names this week. Even a rise in WTI prices by 2.2% and 6% for WCS didn’t lift Canadian stocks.<\/p>\n
There was a flurry of earnings and acquisitions. Spin Master<\/a> bought the private company behind Rubik’s Cube and inched up almost 1%. AMD<\/a> bought rival chipmaker Xilinx for US$35 billion to become a mega-semi-maker. AMD<\/a> stock fell 4%, but Xilinx<\/a> soared 8.56%.<\/p>\n Meanwhile, Harley-Davidson<\/a> roared 22% as its new CEO beat revenues in this surprising turnaround story. Shopify<\/a> popped 4.32% after announcing an e-commerce deal with the controversial TikTok. From high tech to old power, Teck Resources reported a profit miss, dragged down by the falling price of coal. Teck<\/a> stock was hit -5.85%. Restaurant Brands<\/a>‘ Q3 profit beat estimates, but its sales dropped. QSR<\/a> shares fell 3.8%.<\/p>\n 🧸 Spin Master Corp<\/a> +1% This week, you missed Past Top Picks comments by Bryden Teich\u00a0including Onex Corp (A Top Pick Oct 19\/18, Down 8%) Get Premium to receive all past top picks opinions a few hours before market open. A day after Monday’s sell-off, […]<\/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-195656","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\/195656","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=195656"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/195656\/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=195656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=195656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=195656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💾 Advanced Micro Devices<\/a> -4%
\n💿 Xilinx Inc<\/a> +8.56%
\n🛵 Harley Davidson<\/a> +22%
\n🛍 Shopify Inc.<\/a> +4.32%
\n🛢 Teck Resources Ltd.<\/a> -5.85%
\n🍱 Restaurant Brands International<\/a> -3.80%<\/p>\n","protected":false},"excerpt":{"rendered":"