{"id":201210,"date":"2020-11-27T18:54:16","date_gmt":"2020-11-27T23:54:16","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=201210"},"modified":"2020-11-28T08:18:12","modified_gmt":"2020-11-28T13:18:12","slug":"markets-edge-up-post-thanksgiving","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-edge-up-post-thanksgiving\/","title":{"rendered":"Markets edge up post-Thanksgiving"},"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><strong>It\u2019s Black Friday! Get 2 years for the price of 1.<\/strong><\/center>Sign up for <a href=\"https:\/\/stockchase.com\/premium\/v4\/?utm_expid=.4t4uxKhVQZmO7JdSxMLOSQ.1&amp;utm_referrer=\">Stockchase Premium<\/a> before December 1st and we will extend your subscription to 24 months. The promotion doesn\u2019t show up on the order form but we will apply it to all subscriptions and send an email confirmarion. 2 years for the price of 1.<br \/>\nValid only until tuesday December 1st.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<p>It was another day of light trading, as expected after American Thanksgiving, but tech names moved up Friday. The Nasdaq gained 0.92 before Wall Street closed at 1:00 pm. The Dow, S&amp;P and TSX enjoyed more modest gains around a quarter-percent or less. Though the number of Covid cases continues to climb on both sides of the border, investors this week were encouraged by good news about Astrazeneca&#8217;s vaccine and by U.S. President-Elect Joe Biden naming former, dovish Fed Chair Janet Yellen to his cabinet. Another driver was the hope of a stimulus deal, especially now that Biden is fully transitioning to power. The Nasdaq gained 3% for the week, proving the tech trade is not yet dead.<\/p>\n<p>A big driver continues to be e-cars as <a href=\"https:\/\/stockchase.com\/company\/view\/6428\/BLNK-Q\">Blink Charging<\/a> soared 10.76%. Elsewhere, cannabis continues to surge as <a href=\"https:\/\/stockchase.com\/company\/view\/5210\/APHA-T\">Aphria<\/a> popped 10.27%.<\/p>\n<p>In Toronto, cannabis continued its hot streak with <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora<\/a>, <a href=\"https:\/\/stockchase.com\/company\/view\/6078\/LABS-V\">Medipharm<\/a> and <a href=\"https:\/\/stockchase.com\/company\/view\/5334\/OGI-X\">Organigram<\/a> being the TSX&#8217;s top three gainers, posting big gains between 11-18%. The recovery endured as <a href=\"https:\/\/stockchase.com\/company\/view\/1726\/CGX-T\">Cineplex<\/a> rose another 9.17%. However, gold lost some of its lustre as <a href=\"https:\/\/stockchase.com\/company\/view\/9\/ABX-T\">Barrick<\/a> closed -2.64%, and the price of the shiny rock tumbled below US$1,800\/ounce. Meanwhile, the price of WCS bounded ahead 4% as many oil stock saw gains of 1-3%, such as <a href=\"https:\/\/stockchase.com\/company\/view\/1308\/VET-T\">Vermilion<\/a> at 2.9%. Energy and tech were the strongest sectors in Toronto, while real estate and materials lost some ground. Overall, the TSX enjoyed a healthy week, staying above 17,000 and gaining 2.2%.<\/p>\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/6428\/BLNK-Q\">Blink Charging Co.<\/a> +10.76%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5210\/APHA-T\">Aphria Inc<\/a> +10.27%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> +17.94%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/6078\/LABS-V\">Medipharm Labs Corp<\/a> +13.21%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5334\/OGI-X\">Organigram Holdings<\/a> +11.11%<br \/>\n&#x1f39e; <a href=\"https:\/\/stockchase.com\/company\/view\/1726\/CGX-T\">Cineplex Inc<\/a> +9.17%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/9\/ABX-T\">Barrick Gold<\/a> -2.64%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1308\/VET-T\">Vermilion Energy Inc<\/a> +2.90%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s Black Friday! Get 2 years for the price of 1.Sign up for Stockchase Premium before December 1st and we will extend your subscription to 24 months. The promotion doesn\u2019t show up on the order form but we will apply [&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-201210","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\/201210","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=201210"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/201210\/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=201210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=201210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=201210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}