{"id":231254,"date":"2021-06-15T20:21:15","date_gmt":"2021-06-16T00:21:15","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=231254"},"modified":"2021-06-16T07:55:20","modified_gmt":"2021-06-16T11:55:20","slug":"tsx-hits-new-high-wall-st-waits","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/tsx-hits-new-high-wall-st-waits\/","title":{"rendered":"TSX hits new high, Wall St. waits"},"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\/SWP-T\"><span class=\"company-name\">Swiss Water Decaf Coffee<\/span><\/a> (<strong>A Top Pick Jun 03\/19, Down 48%<\/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>On Tuesday, the TSX hit a new high by climbing 0.37% to 20,231. Fueling the rally was oil again as the price of WTI rose nearly 2% above $72 per barrel and WCS rising almost 1% past $57. Telecoms and financials also rallied in Toronto while healthcare and materials slipped.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/MEG-T\">Meg Energy<\/a> jumped 5.62% and <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion<\/a> 4.94%. <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master<\/a> rallied 4.62% while <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify<\/a> expanded its e-commerce relationships with Google and Facebook, and their shares rose 1.66%. <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia<\/a> announced it was expanding into menswear and its shares moved 1.47%.<\/p>\n<p>Energy names also enjoyed strong gains as <a href=\"https:\/\/stockchase.com\/MOZ-T\">Marathon Oil<\/a> surged 3.13% and <a href=\"https:\/\/stockchase.com\/FANG-Q\">Diamondback Energy<\/a> jumped 5.15%. Despite that, the Dow closed -0.27%, the S&amp;P -0.29% and the Nasdaq -0.71%. Wall Street continues to wait for the Fed&#8217;s Jerome Powell to comment on the economy on Wednesday as inflation and the spectre of rising interest rates continue to nag American investors. The Dow components were down except for oil. <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport-McMoran<\/a> shed 4.74%, <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla<\/a> skidded nearly 3% while videogame stocks fizzled, like <a href=\"https:\/\/stockchase.com\/TTWO-Q\">Take Two Interactive<\/a>, down 4.36%. In contrast, transports like <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> advanced 2.15%. Gold lost a few dollars and was essentially flat for the day. Finally <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">Bitcoin<\/a> inched up nearly 1% to top $40,000.<\/p>\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/MEG-T\">MEG Energy Corp<\/a> +5.62%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/VET-T\">Vermilion Energy Inc<\/a> +4.94%<br \/>\n&#x1f9f8; <a href=\"https:\/\/stockchase.com\/TOY-T\">Spin Master Corp<\/a> +4.62%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/SHOP-T\">Shopify Inc.<\/a> +1.66%<br \/>\n&#x1f457; <a href=\"https:\/\/stockchase.com\/ATZ-T\">Aritzia Inc.<\/a> +1.47%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/MOZ-T\">Marathon Gold Corp<\/a> +3.13%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/FANG-Q\">Diamondback Energy<\/a> +5.15%<br \/>\n&#x26cf; <a href=\"https:\/\/stockchase.com\/FCX-N\">Freeport McMoran Copper &amp; Gold<\/a> -4.74%<br \/>\n&#x1f697; <a href=\"https:\/\/stockchase.com\/TSLA-Q\">Tesla Motors Inc<\/a> -3%<br \/>\n&#x1f3ae; <a href=\"https:\/\/stockchase.com\/TTWO-Q\">Take-Two Interactive Softwar<\/a> -4.36%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/FDX-N\">FedEx<\/a> +2.15%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/QBTC.U-T\">The Bitcoin Fund<\/a> +1%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, you missed Past Top Picks comments by Stephen Takacsy, including Swiss Water Decaf Coffee (A Top Pick Jun 03\/19, Down 48%) Get Premium to receive all past top picks opinions a few hours before market open. On Tuesday, [&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-231254","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\/231254","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=231254"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/231254\/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=231254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=231254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=231254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}