{"id":286781,"date":"2022-07-21T18:34:55","date_gmt":"2022-07-21T22:34:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=286781"},"modified":"2022-07-21T18:34:55","modified_gmt":"2022-07-21T22:34:55","slug":"earnings-extend-rally-2","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/earnings-extend-rally-2\/","title":{"rendered":"Earnings extend rally"},"content":{"rendered":"<p>U.S. earnings continued to fuel this week&#8217;s rally even as oil fell on Thursday. Closing on strength, the S&amp;P rose nearly 1%, the Dow half that and the Nasdaq 1.36%. Energy lagged while tech thrived.<\/p>\n<p><a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla<\/a> released earnings the day before and popped almost 10%. Also rallying were <a href=\"https:\/\/stockchase.com\/company\/view\/1489\/TMO-N\">Thermo Fisher<\/a> up 6.75%, <a href=\"https:\/\/stockchase.com\/company\/view\/2647\/DHR-N\">Danaher<\/a> by 9% and <a href=\"https:\/\/stockchase.com\/company\/view\/3161\/CSX-Q\">CSX<\/a> 4.24%. In contrast, <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T<\/a> tumbled 7.62%, <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival<\/a> sank 11.18% (after issuing more common shares) and <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines<\/a> slid 7.43% after releasing a disappointing quarter. The U.S. 10-year yield bubbled right below 3% while <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin<\/a> gave back 2% to $23,000.<\/p>\n<p>Crude oil had a weak session as WTI and WCS tmbled $3.50 per barrel to $96 and $76 respectively. The TSX had a see-saw day but eventually climbed 40 points past 19,000. Telcos showed mild weakness, but the other sectors (ex-energy) were all in the green. Cannabis gave back recent gains as <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy<\/a> slid 9.16% and <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora<\/a> shed over 7%. Also sliding were <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex<\/a> down nearly 6% and <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus<\/a> losing 2.45%. <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada<\/a> sinking 3.79%. However, <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify<\/a> rallied 4.77% while <a href=\"https:\/\/stockchase.com\/company\/view\/5158\/TOY-T\">Spin Master<\/a> jumped 3.87%.<\/p>\n<p>&#x1f697; <a href=\"https:\/\/stockchase.com\/company\/view\/4017\/TSLA-Q\">Tesla Motors Inc (TSLA-Q)<\/a> +10%<br \/>\n&#x1f9ec; <a href=\"https:\/\/stockchase.com\/company\/view\/1489\/TMO-N\">Thermo Fisher Scientific (TMO-N)<\/a> +6.75%<br \/>\n&#x1f529; <a href=\"https:\/\/stockchase.com\/company\/view\/2647\/DHR-N\">Danaher Corp. (DHR-N)<\/a> +9%<br \/>\n&#x1f69a; <a href=\"https:\/\/stockchase.com\/company\/view\/3161\/CSX-Q\">CSX Corp (CSX-Q)<\/a> +4.24%<br \/>\n&#x1f4f1; <a href=\"https:\/\/stockchase.com\/company\/view\/5967\/T-N\">AT&amp;T (T-N)<\/a> -7.62%<br \/>\n&#x1f6a2; <a href=\"https:\/\/stockchase.com\/company\/view\/226\/CCL-N\">Carnival Corp. (CCL-N)<\/a> -11.18%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/4769\/AAL-Q\">American Airlines Group (AAL-Q)<\/a> -7.43%<br \/>\n&#x1f171; <a href=\"https:\/\/stockchase.com\/company\/view\/6966\/CRYPTOBTC\">Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -2%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/4811\/WEED-T\">Canopy Growth Corp. (WEED-T)<\/a> -9.16%<br \/>\n&#x1f33f; <a href=\"https:\/\/stockchase.com\/company\/view\/5389\/ACB-T\">Aurora Cannabis (ACB-T)<\/a> -7%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/1424\/BTE-T\">Baytex Energy Corp (BTE-T)<\/a> -6%<br \/>\n&#x1f6e2; <a href=\"https:\/\/stockchase.com\/company\/view\/3644\/CVE-T\">Cenovus Energy (CVE-T)<\/a> -2.45%<br \/>\n&#x1f6eb; <a href=\"https:\/\/stockchase.com\/company\/view\/2802\/AC-T\">Air Canada (AC-T)<\/a> -3.79%<br \/>\n&#x1f6cd; <a href=\"https:\/\/stockchase.com\/company\/view\/5093\/SHOP-T\">Shopify Inc. (SHOP-T)<\/a> +4.77%<br \/>\n&#x1f9f8; <a href=\"https:\/\/stockchase.com\/company\/view\/5158\/TOY-T\">Spin Master Corp (TOY-T)<\/a> +3.87%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. earnings continued to fuel this week&#8217;s rally even as oil fell on Thursday. Closing on strength, the S&amp;P rose nearly 1%, the Dow half that and the Nasdaq 1.36%. Energy lagged while tech thrived. Tesla released earnings the day [&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-286781","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\/286781","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=286781"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/286781\/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=286781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=286781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=286781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}