{"id":224850,"date":"2021-05-04T17:27:43","date_gmt":"2021-05-04T21:27:43","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=224850"},"modified":"2021-05-05T07:24:05","modified_gmt":"2021-05-05T11:24:05","slug":"tech-slides","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tech-slides\/","title":{"rendered":"Tech slides"},"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\/1385\/Jason-Del-Vicario\">Jason Del Vicario<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/CIX-T\"><span class=\"company-name\">CI Financial Corp<\/span><\/a> (<strong>A Top Pick May 02\/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>Tech stocks slid on Tuesday. Though it closed off session lows, the Nasdaq finished -1.88%. <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon<\/a> ended the day -2.2%, <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe<\/a> 2.53% and <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -3.54%. In contrast, the Dow managed to rally at the end and closed slightly in the positive while the S&amp;P climbed to -0.67%. It wasn&#8217;t clear with the catalyst was. U.S. Treasury Secretary Janet Yellen stated that interest rates &#8220;may&#8221; need to rise slightly to stop the economy from overheating, but her remarks were issued 90 minutes into a session that was already selling off. Investors may have been taking profits after last week&#8217;s stellar earnings from the likes of Amazon and Facebook.<\/p>\n<p>Beyond tech, fuel cell stocks were hammered after Ballard Power Systems issued a Q1 loss that badly missed the street&#8217;s expectations. <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard<\/a> shares plunged nearly 20% on Bay and Wall streets, taking down rival <a href=\"https:\/\/stockchase.com\/PLUG-Q\">Plug Power<\/a> by 7.62%. It remains earnings season. After the bell, positive reports lifted <a href=\"https:\/\/stockchase.com\/TMUS-Q\">T-Mobile<\/a> by 2.5% and <a href=\"https:\/\/stockchase.com\/ATVI-Q\">Activision Blizzard<\/a> by 6%. The wider sell-off also touched <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> which plunged 5%. Interestingly enough, the U.S. 10-year declined to 1.587%.<\/p>\n<p>The TSX generally fared better, closing at -0.13%. Energy, staples and real estate lagged, while telcos and tech stayed above water. Lumber continued to rally as <a href=\"https:\/\/stockchase.com\/WFG-T\">West Fraser Timber<\/a> climbed 4.87%. <a href=\"https:\/\/stockchase.com\/TECK.B-T\">Teck Resources<\/a> and <a href=\"https:\/\/stockchase.com\/NTR-T\">Nutrien<\/a> both gained nearly as much while <a href=\"https:\/\/stockchase.com\/TRI-T\">Thomson Reuters<\/a> advanced 3.85%. After Ballard, <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health<\/a> was Toronto&#8217;s other big loser, down 10.73%. Though energy stocks had a mediocre session, the price of WTI rose 2% and WCS inched up only modestly.<\/p>\n<p>&#x1f4e6; <a href=\"https:\/\/stockchase.com\/AMZN-Q\">Amazon.com<\/a> -2.2%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/ADBE-Q\">Adobe Systems<\/a> -2.53%<br \/>\n&#x1f34e; <a href=\"https:\/\/stockchase.com\/AAPL-Q\">Apple<\/a> -3.54%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/BLDP-T\">Ballard Power Systems<\/a> -20%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/PLUG-Q\">Plug Power Inc<\/a> -7.62%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/TMUS-Q\">T-Mobile US<\/a> +2.5%<br \/>\n&#x1f3ae; <a href=\"https:\/\/stockchase.com\/ATVI-Q\">Activision Blizzard<\/a> +6%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> -5%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/WFG-T\">West Fraser Timber<\/a> +4.87%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/TECK.B-T\">Teck Resources Ltd. (B)<\/a> +4.62%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/NTR-T\">Nutrien Ltd.<\/a> +4.55%<br \/>\n&#x1f9fe; <a href=\"https:\/\/stockchase.com\/TRI-T\">Thomson Reuters Corp<\/a> +3.85%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/BHC-T\">Bausch Health Companies Inc.<\/a> -10.73%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Jason Del Vicario, including CI Financial Corp (A Top Pick May 02\/19, Down 25%) Get Premium to receive all past top picks opinions a few hours before market open. Tech stocks [&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-224850","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\/224850","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=224850"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/224850\/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=224850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=224850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=224850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}