We’re happy to present the new version of the Stockchase Top Picks newsletter. Both the FREE and PREMIUM versions have been enhanced. Please reply to share your feedback or report any issue. Note that there was a small glitch yesterday that caused Monday’s daily intro text to appear again in the newsletter on Tuesday.<\/p>\n
American indices climbed 1% Wednesday as it took in strike the U.S. Fed’s latest comments about inflation, tapering and interest rates. Jerome Powell didn’t startle markets and more or less repeated his mantra of waiting for full employment before tapering (vaguely “soon”) or raising rates in 2022 (no surprise). American stocks rallied higher before the mid-afternoon announcement, but did not slide after the Fed’s comments.<\/p>\n
Boeing<\/a> soared 4%, American Express<\/a> rose 2.58% and Ford<\/a> gained 3%. Many stocks recovered Monday’s losses. All the Dow components were positive, though healthcare was mixed. However, notable losers plunged after missing their latest quarters, namely Fedex<\/a>, down over 9% (they also weakened their forecast due to labour and supply shortages) and Adobe<\/a> which slid 3%. Also, Facebook<\/a> tumbled 4%.<\/p>\n Rising oil prices helped lift the TSX by 0.78%. Staples and telos were flat, but all the major sectors enjoyed gains. WTI and WCS crude both jumped 2% to $72 and $60.50 per barrel respectively. Energy stocks led gains, such as Arc Resources<\/a> up 2.69%, CNQ<\/a> at 3.87% and Crescent Point Energy<\/a> up 3.51%. Baytex<\/a> soared over 12% as it changed the most hands. Outside energy, Bombardier<\/a> climbed 3.83%. Some mining stocks showed weakness, such as Franco-Nevada<\/a>, closing at -2.5%. Finally, Bitcoin<\/a> leapt 6% to roughly $43,500.<\/p>\n 🛫 Boeing<\/a> +4% We’re happy to present the new version of the Stockchase Top Picks newsletter. Both the FREE and PREMIUM versions have been enhanced. Please reply to share your feedback or report any issue. Note that there was a small glitch yesterday […]<\/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-245204","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\/245204","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=245204"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/245204\/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=245204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=245204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=245204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n💳 American Express<\/a> +2.58%
\n🚚 Ford Motor<\/a> +3%
\n📦 FedEx<\/a> -9%
\n💾 Adobe Systems<\/a> -3%
\n🕵️♂️ Facebook<\/a> -4%
\n🛢 Arc Resources Ltd<\/a> +2.69%
\n🛢 Canadian Natural Rsrcs<\/a> +3.87%
\n🛢 Crescent Point Energy Corp<\/a> +3.51%
\n🛢 Baytex Energy Corp<\/a> +12%
\n🧬 Bombardier Inc (B)<\/a> +3.83%
\n⛏ Franco-Nevada Corp.<\/a> -2.5%
\n🅱 The Bitcoin Fund<\/a> +6%<\/p>\n","protected":false},"excerpt":{"rendered":"