{"id":223711,"date":"2021-04-27T17:36:03","date_gmt":"2021-04-27T21:36:03","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=223711"},"modified":"2021-04-28T07:35:27","modified_gmt":"2021-04-28T11:35:27","slug":"markets-pause-awaiting-earnings","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/markets-pause-awaiting-earnings\/","title":{"rendered":"Markets pause, awaiting earnings"},"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\/1344\/Stephen-Takacsy-B-Eng-MBA\">Stephen Takacsy<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/company\/view\/2624\/SJ-T\"><span class=\"company-name\">Stella-Jones Inc.<\/span><\/a> (<strong>A Top Pick Mar 27\/19, Down 19%<\/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>U.S. stocks held their breath ahead of major earnings after the bell. The S&amp;P and Dow flat-lined, while the Nasdaq finished -0.34%. After the close, <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet\/Google<\/a> reported a top- and bottom-line blow-out and shares jumped nearly 5%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> also reported top and bottom beats, but shares fell around 3.5%. <a href=\"https:\/\/stockchase.com\/company\/view\/4360\/MDLZ-Q\">Mondelez<\/a> also beat top and bottom and shares climbed 1.5%. AMD also beat top and bottom and shares popped 3%. During the Tuesday session, industrials and energy rallied, though healthcare slumped.<\/p>\n<p>However, transports delivered huge gains after UPS blew past earnings with revenue jumping 27% in Q1, driven by e-commerce sales. <a href=\"https:\/\/stockchase.com\/company\/view\/1294\/UPS-N\">UPS<\/a> soared 10.2%. <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> popped 4.16% after it announced a deal to wed FedEx&#8217;s e-commerce platform, ShopRunner, with Adobe. <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe<\/a> shares ticked up 0.31%. Despite reporting a good quarter after Monday&#8217;s close, <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> closed -4.53%.<\/p>\n<p>Crude oil prices spiked, with the WTI gaining over 2% and WCS nearly 3%. This helped lift the TSX 0.13%. Materials, telcos and staples dragged down the Canadian index, while energy and real estate rose. Notable gainers included <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> up 2.22%, <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">Cargojet<\/a> by 5% to ride the transport rally, and <a href=\"https:\/\/stockchase.com\/company\/view\/2227\/PBL-T\">Pollard Banknote<\/a> by 5.48%. Mining names lost ground, including <a href=\"https:\/\/stockchase.com\/company\/view\/3729\/OGC-T\">Oceanagold<\/a> at -6.11% and <a href=\"https:\/\/stockchase.com\/company\/view\/4321\/ROXG-T\">Roxgold<\/a> -4.98%. Meanwhile, <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">Bitcoin<\/a> rose 1.35% to surpass $68,000 while the price of gold declined slightly.<\/p>\n<p>&#x1f9ee; <a href=\"https:\/\/stockchase.com\/company\/view\/1833\/GOOG-Q\">Alphabet Inc. \/ Google<\/a> +5%<br \/>\n&#x24c2; <a href=\"https:\/\/stockchase.com\/company\/view\/820\/MSFT-Q\">Microsoft<\/a> -3.5%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/company\/view\/4360\/MDLZ-Q\">Mondelez International<\/a> +1.5%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/59\/AMD-Q\">Advanced Micro Devices<\/a> +3%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/1294\/UPS-N\">United Parcel Services<\/a> +10.2%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a> +4.16%<br \/>\n&#x1f4bf; <a href=\"https:\/\/stockchase.com\/company\/view\/21\/ADBE-Q\">Adobe Systems<\/a> +0.31%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc<\/a> -4.53%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> +2.22%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">Cargojet Inc<\/a> +5%<br \/>\n&#x2660; <a href=\"https:\/\/stockchase.com\/company\/view\/2227\/PBL-T\">Pollard Banknote Ltd<\/a> +5.48%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/3729\/OGC-T\">Oceanagold Corp<\/a> -6.11%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/company\/view\/4321\/ROXG-T\">Roxgold Inc<\/a> -4.98%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">The Bitcoin Fund<\/a> +1.35%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Stephen Takacsy, including Stella-Jones Inc. (A Top Pick Mar 27\/19, Down 19%) Get Premium to receive all past top picks opinions a few hours before market open. U.S. stocks held their [&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-223711","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\/223711","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=223711"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/223711\/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=223711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=223711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=223711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}