Crude oil continued to rally with WTI jumping 2.6% to nearly $86 a barrel. This helped lift the TSX by 1.25% Friday, well past 20,500 and to end the week 3.58% higher. All sectors except telcos rallied, led by staples, industrials and, of course, energy.<\/p>\n
Notable names included Canadian Western Bank which bucked the trend of its peers and reported a convincing beat. CWB<\/a> soared 11.45%. Similarly, Lululemon<\/a> jumped 6% on the Nasdaq after reporting a beat and offering rosy guidance. Meg Energy<\/a> rose 5.63%, Tamarack Valley Energy<\/a> 5.48% and Whitecap Resources<\/a> 4.8% to ride oil’s rally.<\/p>\n Things were more sedate on Wall Street with the Nasdaq and S&P closing basically flat on Friday, though the Dow advanced 0.33%. Tech names such as Intel<\/a> rose 4.18% and Hewlett Packard Enterprises<\/a> 5.83%, though Tesla<\/a> sank 5.06%. Streamers continued to struggle as Paramount Global<\/a> slid 9.54% and Warner Bros. Discovery<\/a> sank 12.02%. For the week, the S&P added 2%, the Nasdaq 2.46%, and the Dow 1.15%. The U.S. 10-year yield held around 4.181%, while Bitcoin<\/a> slipped nearly 1% to $25,700.<\/p>\n 🏛 Canadian Western Bank (CWB-T)<\/a> +11.45% Crude oil continued to rally with WTI jumping 2.6% to nearly $86 a barrel. This helped lift the TSX by 1.25% Friday, well past 20,500 and to end the week 3.58% higher. All sectors except telcos rallied, led by staples, […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","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-337891","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\/337891","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=337891"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/337891\/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=337891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=337891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=337891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🛍 LuLulemon Athletica (US) (LULU-Q)<\/a> +6%
\n🛢 MEG Energy Corp (MEG-T)<\/a> +5.63%
\n🛢 Tamarack Valley Energy (TVE-T)<\/a> +5.48%
\n🛢 Whitecap Resources (WCP-T)<\/a> +4.8%
\n💾 Intel (INTC-Q)<\/a> +4.18%
\n💻 Hewlett-Packard Co (HPQ-N)<\/a> +5.83%
\n🚗 Tesla Inc (TSLA-Q)<\/a> -5.06%
\n🎞 Paramount Global (PARA-Q)<\/a> -9.54%
\n📺 Warner Bros. Discovery (WBD-Q)<\/a> -12.02%
\n🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)<\/a> -1%<\/p>\n","protected":false},"excerpt":{"rendered":"