Markets limped to modest gains Wednesday despite strong reports from tech stocks and energy surging to 12-month highs. The Nasdaq dipped into the negative, the Dow and S&P barely closed in the positive, and all three trailed the TSX, which gained 0.18%. The indices closed on weakness and follows to days of strong gains.<\/p>\n
Investors overlooked Amazon’s blow-out quarter, and fretted over Jeff Bezos stepping down as CEO (though he’ll remain as executive chairman). AMZN<\/a> slipped 2%. However, Alphabet<\/a> jumped 7.4% after delivering an impressive quarter<\/a>. The price of oil hit one-year highs after an American stock drawdown<\/a>. WTI popped 2% and WCS 1.5%. Marathon Oil<\/a> leapt 5.69%, Exxon<\/a> rose 3.92%, Meg Energy<\/a> jumped 12.61% and Vermilion<\/a> climbed 5.59%.<\/p>\n Another winning sector was cannabis as many expect a Biden presidency to legitimize this industry further in America. Aphria<\/a> soared 12.62% in New York in heavy trading, and Organigram<\/a> advanced 20.4% in Toronto. Also gaining on the TSX was ATS Automation<\/a>, popping 14.14% on a strong Q3 report<\/a>. Telus International debuted on the NYSE, finishing up 21.6%. Meanwhile, the Reddit short squeeze continued to lose steam as GameStop<\/a> rallied only 2.68% after yet another rollercoaster session. Meanwhile, the price of gold held steady and Bitcoin<\/a> rallied 4%.<\/p>\n 📦 Amazon.com<\/a> -2% Markets limped to modest gains Wednesday despite strong reports from tech stocks and energy surging to 12-month highs. The Nasdaq dipped into the negative, the Dow and S&P barely closed in the positive, and all three trailed the TSX, which […]<\/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-210538","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\/210538","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=210538"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/210538\/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=210538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=210538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=210538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🧮 Alphabet Inc. \/ Google<\/a> +7.4%
\n🛢 Marathon Oil<\/a> +5.69%
\n🛢 Exxon Mobil<\/a> +3.92%
\n⚡ MEG Energy Corp<\/a> +12.61%
\n⚡ Vermilion Energy Inc<\/a> +5.59%
\n🌿 Aphria Inc<\/a> +12.62%
\n🌿 OrganiGram Holdings Inc.<\/a> +20.40%
\n⚙ ATS Automation<\/a> +14.14%
\n📱 Telus International +21.60%
\n🎮 GameStop Corp.<\/a> +2.68%
\n📀 The Bitcoin Fund<\/a> +4%<\/p>\n","protected":false},"excerpt":{"rendered":"