The trading week began with oil sliding 9%, triggered by a lockdown in Shanghai to contain increasing Covid cases that will lead to lower oil demand. WTI and WCS shed $10 a barrel to $103 and $92 respectively. Oil’s weakness shaved 23 points off the TSX which closed below 22,000. Materials were also weak, but tech stocks rose in Toronto.<\/p>\n
Gaining were Shopify<\/a> by 3.78% and Blackberry<\/a> at 3.68%. Green energy enjoyed an upward move as Boralex<\/a> added 2.72%. Elsewhere, Canada Goose<\/a> climbed 2.28%. Cannabis stocks gave back as Canopy<\/a> closed -8.31% and Aurora<\/a> -8.24%. Meanwhile, Vermilion Energy<\/a> finished -6.85% and Nexgen Energy<\/a> -6.1%.<\/p>\n Wall Street fared much better as it closed on session highs: the S&P 0.71%, the Nasdaq 1.31% and the Dow 0.27%. Tech led gains. Tesla<\/a> announced another stock split and soared 8%. Intuit<\/a> rose 4.6%, Adobe<\/a> 4.26% and Amazon<\/a> 2.56%. Also, Carnival<\/a> rallied 5.49%. Etsy<\/a> 4.7% and Moderna<\/a> 4.32%. Laggards included Diamondback Energy<\/a> at -3.97% and L3Harris Technologies<\/a> at -3.26%. In fact, industrials and energy were weak on Wall Street while healthcare and tech thrived. Bitcoin<\/a> jumped nearly 7% to rise to $48,000 while the U.S. 10-year yield stood at 2.47%.<\/p>\n 🛍 Shopify Inc. (SHOP-T)<\/a> +3.78% The trading week began with oil sliding 9%, triggered by a lockdown in Shanghai to contain increasing Covid cases that will lead to lower oil demand. WTI and WCS shed $10 a barrel to $103 and $92 respectively. Oil’s weakness […]<\/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-271269","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\/271269","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=271269"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/271269\/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=271269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=271269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=271269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n📱 BlackBerry (BB-T)<\/a> +3.68%
\n💡 Boralex Inc. (BLX-T)<\/a> +2.72%
\n🧣 Canada Goose Holdings (GOOS-T)<\/a> +2.28%
\n🌿 Canopy Growth Corp. (WEED-T)<\/a> -8.31%
\n🌿 Aurora Cannabis (ACB-T)<\/a> -8.24%
\n🛢 Vermilion Energy Inc (VET-T)<\/a> -6.85%
\n⚡ NexGen Energy (NXE-T)<\/a> -6.1%
\n🚗 Tesla Motors Inc (TSLA-Q)<\/a> +8%
\n💾 Intuit Inc. (INTU-Q)<\/a> +4.6%
\n💾 Adobe Systems (ADBE-Q)<\/a> +4.26%
\n📦 Amazon.com (AMZN-Q)<\/a> +2.56%
\n🚢 Carnival Corp. (CCL-N)<\/a> +5.49%
\n🛍 Etsy Inc. (ETSY-Q)<\/a> +4.7%
\n💉 Moderna (MRNA-Q)<\/a> +4.32%
\n💎 Diamondback Energy (FANG-Q)<\/a> -3.97%
\n🧬 L3Harris Technologies (LHX-N)<\/a> -3.26%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> +7%<\/p>\n","protected":false},"excerpt":{"rendered":"