{"id":224357,"date":"2021-05-01T07:24:56","date_gmt":"2021-05-01T11:24:56","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=224357"},"modified":"2021-05-01T11:50:48","modified_gmt":"2021-05-01T15:50:48","slug":"a-down-day-but-an-up-month","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/a-down-day-but-an-up-month\/","title":{"rendered":"A down day, but an up month"},"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\/1392\/Brian-Madden\">Brian Madden<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/FTT-T\"><span class=\"company-name\">Finning Int<\/span><\/a> (<strong>A Top Pick May 08\/19, Down 25%<\/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>Despite generally strong earnings, markets closed down on Friday: the S&amp;P 0.72%, the Dow -54%, the Nasdaq -0.85% and the TSX -0.77%. The Dow and Nasdaq saw a weekly loss and the TSX was basically flat. However, in April the S&amp;P enjoyed its best month since November and the Nasdaq saw its sixth straight monthly gain as all the major indices remain near all-time highs. The S&amp;P and Nasdaq both rose 5% in April.<\/p>\n<p>In Toronto, all the major sectors were down, particularly tech and materials. Gold names failed to glitter as, for example, <a href=\"https:\/\/stockchase.com\/ELD-T\">Eldorado<\/a> finished -8.24% and <a href=\"https:\/\/stockchase.com\/WRN-T\">Western Copper and Gold<\/a> closed -4.81%. <a href=\"https:\/\/stockchase.com\/ACQ-T\">AutoCanada<\/a> slid 5.32%, <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> sank 4.19% and <a href=\"https:\/\/stockchase.com\/FOOD-T\">Goodfood<\/a> slipped 4.5%. However, energy names gushed as <a href=\"https:\/\/stockchase.com\/TVE-T\">Tamarack Valley<\/a> gained 5.76% and <a href=\"https:\/\/stockchase.com\/IMO-T\">Imperial Oil<\/a> 4.78%. The price of crude oil, though, declined as WTI shed over 2% but stayed well over $63\/barrel while WCS plunged over 3% but hovered around $51.50. Meanwhile, the price of gold was flat as <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> recovered recent losses by jumping around 7.5% to nearly $57,000. The Canadian dollar was flat Friday, but stayed above $81 this week.<\/p>\n<p>In earnings, <a href=\"https:\/\/stockchase.com\/TWTR-N\">Twitter<\/a> suffered a weak Q1 sales number and forecast, and shares plunged 15.16%. In contrast, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> regained 4.79% and <a href=\"https:\/\/stockchase.com\/AMGN-Q\">Amgen<\/a> 2.1%. Semis had a tough day as <a href=\"https:\/\/stockchase.com\/XLNX-Q\">Xilinx<\/a> closed -3.4% and <a href=\"https:\/\/stockchase.com\/LRCX-Q\">Lam Research<\/a> -3.2%. In contrast, health enjoyed some upside as BioNTech popped 4.8% and Amgen 2.1%.<\/p>\n<p>&#x1f947; <a href=\"https:\/\/stockchase.com\/ELD-T\">Eldorado Gold<\/a> -8.24%<br \/>\n&#x1f947; <a href=\"https:\/\/stockchase.com\/WRN-T\">Western Copper<\/a> -4.81%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/ACQ-T\">AutoCanada Inc.<\/a> -5.32%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.<\/a> -4.19%<br \/>\n&#x1f371; <a href=\"https:\/\/stockchase.com\/FOOD-T\">Goodfood Market Corp.<\/a> -4.5%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/TVE-T\">Tamarack Valley Energy<\/a> +5.76%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/IMO-T\">Imperial Oil<\/a> +4.78%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> +7.5%<br \/>\n&#x1f426; <a href=\"https:\/\/stockchase.com\/TWTR-N\">Twitter, Inc<\/a> -15.16%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc<\/a> +4.79%<br \/>\n&#x1f9eb; <a href=\"https:\/\/stockchase.com\/AMGN-Q\">Amgen Inc.<\/a> +2.1%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/XLNX-Q\">Xilinx Inc<\/a> -3.4%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/LRCX-Q\">Lam Research Corp<\/a> -3.2%<br \/>\n&#x1f9eb; BioNTech +4.8%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Brian Madden, including Finning Int (A Top Pick May 08\/19, Down 25%) Get Premium to receive all past top picks opinions a few hours before market open. Despite generally strong earnings, [&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-224357","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\/224357","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=224357"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/224357\/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=224357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=224357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=224357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}