{"id":227235,"date":"2021-05-18T18:15:58","date_gmt":"2021-05-18T22:15:58","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=227235"},"modified":"2021-05-19T07:51:41","modified_gmt":"2021-05-19T11:51:41","slug":"tsx-hits-high-wall-st-fades","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-hits-high-wall-st-fades\/","title":{"rendered":"TSX hits high, Wall St. fades"},"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\/1353\/Teal-Linde\">Teal Linde<\/a>, including <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/company\/view\/735\/LNR-T\"><span class=\"company-name\">Linamar Corp<\/span><\/a> (<strong>A Top Pick May 21\/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>Driven by the ongoing commodities boom, the TSX hit fresh highs Tuesday after climbing 0.31% to 19,535. Real estate and especially tech stocks led the charge. <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> rose 3.25%, <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> 3.32%, <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power<\/a> rallied 6% and <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> by 4.82%.Green energy names revived after taking a beating lately as <a href=\"https:\/\/stockchase.com\/company\/view\/2910\/BLX-T\">Boralex<\/a> popped 4%.<\/p>\n<p>However, lumber names, which had been soaring during the North American housing boom, entered bear territory as <a href=\"https:\/\/stockchase.com\/company\/view\/2323\/WEF-T\">Western Forest Products<\/a> plunged 8.26% and <a href=\"https:\/\/stockchase.com\/company\/view\/621\/IFP-T\">Interfor<\/a> slid 2.41%. The prices of WTI and WCS both gave back 1% in the session though remain near yearly highs. Meanwhile, the Canadian dollar continues to hover around 83 cents against the American greenback in highs not seen for years.<\/p>\n<p>American stocks faded into the close as the S&amp;P finished at -0.85%, the Dow -0.78% and the Nasdaq at -0.56%. Real estate and healthcare showed strength while all other sectors sagged. <a href=\"https:\/\/stockchase.com\/company\/view\/336\/CVS-N\">CVS Health<\/a> surged 4.25% and <a href=\"https:\/\/stockchase.com\/company\/view\/6725\/VIAC-Q\">ViacomCBS<\/a> jumped 4.56% though <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron<\/a> slid 4.25% and <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere<\/a> fell 3.61%. <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart<\/a> delivered good e-commerce and same-store sales to climb 2.17% as its arch e-rival, <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon<\/a>, slipped 1.17%. <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> boasted a sales rise in its Q1 report, but shares declined 1%. <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T<\/a> tanked 5.8% as news of its merger with Discovery continued to echo across Wall Street. Gold and the 10-year U.S. treasury yield both held firm while <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">Bitcoin<\/a> continued to decline, down 2% to trade above $43,000.<\/p>\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc.<\/a> +3.25%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/1045\/BB-T\">BlackBerry<\/a> +3.32%<br \/>\n&#x1f50b; <a href=\"https:\/\/stockchase.com\/company\/view\/155\/BLDP-T\">Ballard Power Systems<\/a> +6%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> +4.82%<br \/>\n&#x267b; <a href=\"https:\/\/stockchase.com\/company\/view\/2910\/BLX-T\">Boralex Inc.<\/a> +4%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/2323\/WEF-T\">Western Forest Products Inc.<\/a> -8.26%<br \/>\n&#x1f332; <a href=\"https:\/\/stockchase.com\/company\/view\/621\/IFP-T\">Interfor Corp<\/a> -2.41%<br \/>\n&#x1f48a; <a href=\"https:\/\/stockchase.com\/company\/view\/336\/CVS-N\">CVS Health Corp<\/a> +4.25%<br \/>\n&#x1f4fa; <a href=\"https:\/\/stockchase.com\/company\/view\/6725\/VIAC-Q\">ViacomCBS<\/a> +4.56%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/337\/CVX-N\">Chevron Texaco<\/a> -4.25%<br \/>\n&#x1f69c; <a href=\"https:\/\/stockchase.com\/company\/view\/362\/DE-N\">Deere &amp; Co.<\/a> -3.61%<br \/>\n&#x1f6d2; <a href=\"https:\/\/stockchase.com\/company\/view\/1355\/WMT-N\">Walmart Inc<\/a> +2.17%<br \/>\n&#x1f4e6; <a href=\"https:\/\/stockchase.com\/company\/view\/67\/AMZN-Q\">Amazon.com<\/a> -1.17%<br \/>\n&#x1f6e0; <a href=\"https:\/\/stockchase.com\/company\/view\/567\/HD-N\">Home Depot<\/a> -1%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T<\/a> -5.8%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">The Bitcoin Fund<\/a> -2%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Teal Linde, including Linamar Corp (A Top Pick May 21\/19, Down 25%) Get Premium to receive all past top picks opinions a few hours before market open. Driven by the ongoing [&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-227235","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\/227235","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=227235"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/227235\/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=227235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=227235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=227235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}