{"id":206027,"date":"2021-01-05T19:24:09","date_gmt":"2021-01-06T00:24:09","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=206027"},"modified":"2021-01-06T09:45:28","modified_gmt":"2021-01-06T14:45:28","slug":"oil-lifts-tsx-wall-st-awaits-georgia","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/oil-lifts-tsx-wall-st-awaits-georgia\/","title":{"rendered":"Oil lifts TSX, Wall St. awaits Georgia"},"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\/1326\/Ryan-Bushell\">Ryan Bushell<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/TD-T\"><span class=\"company-name\">Toronto Dominion<\/span><\/a> (<strong>A Top Pick Jan 15\/19, Up 9%<\/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>Canadian stocks enjoyed a second straight day of gain to start 2021 as <a href=\"https:\/\/www.reuters.com\/article\/us-global-oil\/oil-prices-up-1-on-opec-output-cut-talks-iran-tension-idUSKBN29A091\" target=\"_blank\" rel=\"noopener\">OPEC<\/a>+ (except Russia) agreed to limited February oil output levels. The TSX rose 0.92% Tuesday, closing on session highs. Energy soared 7.49% as names like <a href=\"https:\/\/stockchase.com\/TOG-T\">Torc Oil &amp; Gas<\/a>, <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point<\/a> and <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion<\/a> surged nearly 10%. <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus<\/a>, the most-traded stock, popped 6%.<\/p>\n<p>Telcos and industrials also flexed their muscles. <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada<\/a> some of the ground it lost Monday by rallying 4%. In contrast, gold names which soared on Monday, slipped; <a href=\"https:\/\/stockchase.com\/NGD-T\">New Gold<\/a> closed -4%. The price of WCS leapt nearly 7% to approach $35\/barrell while WTI jumped 5% to $50.<\/p>\n<p>Another story was told on Wall Street as investors watch the <a href=\"https:\/\/www.forbes.com\/sites\/jonathanponciano\/2021\/01\/05\/democrats-republicans-georgia-runoff-elections-stocks-betting-markets\/\" target=\"_blank\" rel=\"noopener\">Georgia<\/a> run-offs taking place Tuesday that will decide the remaining contested Senate seats and decide the ovall balance of power between the Democrats and Republicans. A &#8220;blue sweep&#8221; could see larger fiscal stimulus, but also higher taxes. Markets continued to fret over the high number of Covid cases and the slow vaccination rate, though some expect the latter to pick up this quarter. American indices dipped into the red early on, but gradually climbed through the choppy session to finish in the green. The Dow gained 0.55%, the S&amp;P 0.71% and the Nasdaq climbed 0.95%. Again, energy led, rising 4.53%. <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> gained 4.4% while <a href=\"https:\/\/stockchase.com\/GS-N\">Goldman Sachs<\/a> advanced 2.24%. Bitcoin marched 8% higher to $34,000.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TOG-T\">Torc Oil &amp; Gas Ltd<\/a> +10%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CPG-T\">Crescent Point Energy Corp<\/a> +10%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy Inc<\/a> +10%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CVE-T\">Cenovus Energy<\/a> +6%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/AC-T\">Air Canada<\/a> +4%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/NGD-T\">New Gold Inc.<\/a> -4%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/BA-N\">Boeing<\/a> +4.4%<br \/>\n&#x1f3db; <a href=\"https:\/\/stockchase.com\/GS-N\">Goldman Sachs<\/a> +2.24%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Ryan Bushell, including Toronto Dominion (A Top Pick Jan 15\/19, Up 9%) Get Premium to receive all past top picks opinions a few hours before market open. Canadian stocks enjoyed 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-206027","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\/206027","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=206027"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/206027\/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=206027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=206027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=206027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}