{"id":228230,"date":"2021-05-25T20:45:44","date_gmt":"2021-05-26T00:45:44","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=228230"},"modified":"2021-05-26T07:32:26","modified_gmt":"2021-05-26T11:32:26","slug":"tsx-hits-record","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-hits-record\/","title":{"rendered":"TSX hits record"},"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\/1149\/John-OConnell-CFA\">John O&#8217;Connell<\/a>, including <span class=\"company-name\">Alibaba <a class=\"company-name-symbol\" href=\"https:\/\/stockchase.com\/company\/view\/471\/FDX-N\">FedEx<\/a><\/span> (<strong>A Top Pick May 13\/19, Down 27%<\/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>The TSX played catch-up after Victoria Day and set a record close of 19,564 by rising 0.19% on Tuesday. However, the Toronto index and the main American ones closed on weakness. The S&amp;P and Dow finished below -0.2% while the Nasdaq dipped into the red by the closing bell. The U.S. indices were positive for most of the session. However, they did rally strongly on Monday.<\/p>\n<p>In Toronto, tech, industrials and staples led while energy lagged. Regional airline <a href=\"https:\/\/stockchase.com\/company\/view\/2364\/CHR-T\">Chorus Aviation<\/a> soared 7.85%, <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> popped 6% while tech newcomer <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei<\/a> jumped 5.11%. On the downside, <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">Cargojet<\/a> closed at -3.83%, <a href=\"https:\/\/stockchase.com\/company\/view\/504\/FTT-T\">Finning International<\/a> -4.17% and <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources (B)<\/a> at -3.48%. Steelmaker <a href=\"https:\/\/stockchase.com\/company\/view\/3791\/ALC-T\">Algoma Central<\/a> captured the biggest headlines by merging with Legato to go public on Wall Street. Algoma shares rose 2.16%.<\/p>\n<p>Speaking of America, energy, financials and industrials lagged on the Dow. Underperformers included <a href=\"https:\/\/stockchase.com\/company\/view\/60\/AMGN-Q\">Amgen<\/a> at -2.32%, <a href=\"https:\/\/stockchase.com\/company\/view\/1408\/STX-Q\">Seagate<\/a> -4.74% and <a href=\"https:\/\/stockchase.com\/company\/view\/1914\/NUE-N\">Nucor<\/a> -3.2%. Troubled EV-maker <a href=\"https:\/\/stockchase.com\/company\/view\/6678\/RIDE-Q\">Lordstown Motors<\/a> crashed 7.45% after telling investors it needed more capital and it offered weaker guidance. Vimeo debuted on Nasdaq, but closed 5.65% below its opening price. On the upside, <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean<\/a> sailed upwards by 3.65% while Norwegian Cruise Line was close behind. Meanwhile, gold edged up 1% to $19,000, WTI finished flat in a choppy session and WCS climbed 0.6%. As for <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">Bitcoin<\/a>, it tumbled over 3%, while the U.S. 10-year hovered around 1.56%.<\/p>\n<p>&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2364\/CHR-T\">Chorus Aviation Inc<\/a> +7.85%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis<\/a> +6%<br \/>\n&#x1f4b3; <a href=\"https:\/\/stockchase.com\/company\/view\/6403\/NVEI-T\">Nuvei Corp<\/a> +5.11%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2836\/CJT-T\">Cargojet Inc<\/a> -3.83%<br \/>\n&#x1f3d7; <a href=\"https:\/\/stockchase.com\/company\/view\/504\/FTT-T\">Finning Int<\/a> -4.17%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/company\/view\/1212\/TECKB-T\">Teck Resources Ltd. (B)<\/a> -3.48%<br \/>\n&#x1f43b; <a href=\"https:\/\/stockchase.com\/company\/view\/3791\/ALC-T\">Algoma Central Corp.<\/a> +2.16%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/60\/AMGN-Q\">Amgen Inc.<\/a> -2.32%<br \/>\n&#x1f4be; <a href=\"https:\/\/stockchase.com\/company\/view\/1408\/STX-Q\">Seagate Technology<\/a> -4.74%<br \/>\n&#x1f948; <a href=\"https:\/\/stockchase.com\/company\/view\/1914\/NUE-N\">Nucor Corp.<\/a> -3.2%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/6678\/RIDE-Q\">Lordstown Motors Corp.<\/a> -7.45%<br \/>\n&#x1f4fa; Vimeo -5.65%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/1027\/RCL-N\">Royal Caribbean Cruises<\/a> +3.65%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6312\/QBTCU-T\">The Bitcoin Fund<\/a> -3%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by John O&#8217;Connell, including Alibaba FedEx (A Top Pick May 13\/19, Down 27%) Get Premium to receive all past top picks opinions a few hours before market open. The TSX played catch-up [&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-228230","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\/228230","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=228230"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/228230\/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=228230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=228230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=228230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}