{"id":198576,"date":"2020-11-10T17:54:07","date_gmt":"2020-11-10T22:54:07","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=198576"},"modified":"2020-11-11T09:36:08","modified_gmt":"2020-11-11T14:36:08","slug":"markets-rotate-from-covid-to-recovery","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-rotate-from-covid-to-recovery\/","title":{"rendered":"Markets rotate from Covid to recovery"},"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 class=\"expert-name\" href=\"https:\/\/stockchase.com\/expert\/view\/1353\/Teal-Linde\">Teal Linde<\/a>\u00a0including <a href=\"https:\/\/stockchase.com\/company\/view\/4845\/AL-N\">Air Lease<\/a> (<strong>A Top Pick Dec 10\/18, Up 27%<\/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>Monday&#8217;s big vaccine rally faded into a rotation from Covid stocks (tech) into recovery stocks (industrials, financials). The S&amp;P closed basically flat, but the Dow rose nearly 1% while the Nasdaq continued to slip, down 1.37%. The TSX gained 0.85%.<\/p>\n<p>Industrials continued to lead with <a href=\"https:\/\/finance.yahoo.com\/news\/boeing-stages-30-november-rally-203340675.html\" target=\"_blank\" rel=\"noopener\">Boeing<\/a> soaring 5.2% after U.S. regulators are on the cusp of finally allowing the 737 Max to return to service after some deadly crashes. Pfizer&#8217;s announcement of a promising Covid vaccine is another tailwind. <a href=\"https:\/\/stockchase.com\/company\/view\/702\/KO-N\">Coca-Cola<\/a> popped over 6% during the session and closed up 2.68%. Healthcare continued to rally as <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreens<\/a> surged 6.29% and BioNTech leapt another 7.6%, still riding the good will unleashed by the Covid vaccine it is developing with <a href=\"https:\/\/stockchase.com\/company\/view\/951\/PFE-N\">Pfizer<\/a>, which itself actually gave back 1.33%. Big tech continued to slip as <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> slid 3.38%.<\/p>\n<p>However, energy continued to roar as the price of WTI rose 2.7% and WCS over 4.5%. <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources<\/a> jumped nearly 5% as <a href=\"https:\/\/stockchase.com\/company\/view\/644\/IPL-T\">Inter Pipeline<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/961\/PPL-T\">Pembina Pipeline<\/a> both leapt around 8.5%. <a href=\"https:\/\/finance.yahoo.com\/news\/premium-brands-leads-413-million-000940954.html\" target=\"_blank\" rel=\"noopener\">Clearwater<\/a> <a href=\"https:\/\/stockchase.com\/company\/view\/268\/CLR-T\">Seafoods<\/a> was the day&#8217;s biggest winner, climbing 12.76% after a takeover bid from Premium Brands and a coalition of Mi&#8217;kmaq First Nations. Elsewhere, <a href=\"https:\/\/finance.yahoo.com\/news\/rcmp-requesting-assistance-public-150000331.html\" target=\"_blank\" rel=\"noopener\">Pinnacle<\/a> <a href=\"https:\/\/stockchase.com\/company\/view\/5870\/PL-T\">Renewable<\/a> Energy soared nearly 12% after releasing a healthy Q3 report that featured record production volumes, and financials continued to rally\u00a0 as <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife<\/a> jumped 5.33%. In Toronto, energy and financials also led while tech and materials lagged.<\/p>\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/126\/BA-N\">Boeing<\/a> +5.20%<br \/>\n&#x1f964; <a href=\"https:\/\/stockchase.com\/company\/view\/702\/KO-N\">Coca-Cola Company<\/a> +2.68%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/1332\/WBA-Q\">Walgreen Boots Alliance<\/a> +6.29%<br \/>\n&#x1f489; BIONTECH +7.60<br \/>\n&#x1f489; <a href=\"https:\/\/stockchase.com\/company\/view\/951\/PFE-N\">Pfizer Inc<\/a> -1.33%<br \/>\n&#x24c2; <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> -3.38%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/4187\/WCP-T\">Whitecap Resources<\/a> +5%<br \/>\n&#x303d; <a href=\"https:\/\/stockchase.com\/company\/view\/644\/IPL-T\">Inter Pipeline<\/a> +8.5%<br \/>\n&#x303d; <a href=\"https:\/\/stockchase.com\/company\/view\/961\/PPL-T\">Pembina Pipeline Corp<\/a> +8.5%<br \/>\n&#x1f99e; <a href=\"https:\/\/stockchase.com\/company\/view\/268\/CLR-T\">Clearwater Seafoods Inc.<\/a> +12.76%<br \/>\n&#x267b; <a href=\"https:\/\/stockchase.com\/company\/view\/5870\/PL-T\">Pinnacle Renewable Holdings Inc.<\/a> +12%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/company\/view\/780\/MFC-T\">Manulife Financial<\/a> +5.33%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Teal Linde\u00a0including Air Lease (A Top Pick Dec 10\/18, Up 27%) Get Premium to receive all past top picks opinions a few hours before market open. Monday&#8217;s big vaccine rally faded [&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-198576","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\/198576","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=198576"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/198576\/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=198576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=198576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=198576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}