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with Alan Tong

After the close

With Allan Tong

29/10/2026 at 07:47pm

Tech slides on earnings, oil zigzags

It was a choppy day on the markets in New York and Toronto as disappointing tech earnings and forecasts hammered the Nasdaq 1.38% or 365 points lower. Influential were Alphabet (GOOGL) cratering 12.64%, Fortinet 20.09%, and ServiceNow -26.95%, reviving fears over AI costs as well as AI takeover threats.Outside tech, the S&P declined 0.3% and the Dow slipped 0.25%. In contrast, the autos space surged after Ford rallied 3.43% and Carvana soared 15.68%. While Bitcoin fell US$1,000 to US$80,255, the U.S. 10-year yield inched down to 4.945%.

Reports of the U.S. Vice-President reaching out to the Iranian government to restart peace talks were rebuffed by Trump and so far ignored by Tehran. Nonetheless, the news sparked a sharp sell-off in crude oil, though WTI erased the session’s losses to remain flat around US$102.90. The oil price triggered a slide in Whitecap shares of 4.01%. In contrast, massive gains by Bausch Health of 28.34% after an earnings beat, made healthcare the strong sector by far in Toronto, along with financials and utilities, as materials led three sectors down. Other movers on Bay Street: Alamos Gold -9.1%, First Service 3.99% and GFL 3.33%. Gold itself declined US$42 to US$4,025 and silver slipped over 3% to US$52.15.

🧮 Alphabet Inc Class A (GOOGL) -12.64%

💾 Fortinet Inc (FTNT) -20.09%

💾 ServiceNow (NOW) -26.95%

🚘 Ford Motor (F) +3.43%

🛒 Carvana (CVNA) +15.68%

🛢 Whitecap Resources (WCP.TO) -4.01%

👨‍⚕️ Bausch Health Companies Inc. (BHC.TO) +28.34%

🥇 Alamos Gold Inc (AGI.TO) -9.1%

🏛 Firstservice Corp (FSV) +3.99%

♻ GFL Environmental Inc. (GFL.TO) +3.33%

Darren Sissons
Darren Sissons on Market Call (BNN TV)29/10/2026 at 06:05pm

GLOBAL EQUITIES & TECHNOLOGY

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copper

Be careful here. If you took a loss, take some money off the table for a tax loss, then see what happens in the new year. If the AI story unwinds, it won't be good news for copper.

Jim Cramer - Mad Money
Jim Cramer - Mad Money on Mad Money on CNBC29/10/2026 at 01:01am

US EQUITIES

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Up 13% after reporting. Is the top supplier of high-bandwidth memory, most in demand from data centres, perhaps more important than Nvidia. Trades at a very cheap 3x 2027 PE. They beat on revenues and margins and guided with accelerating growth. Shares in New York rallied more than 13% today.

with Alan Tong

After the close

With Allan Tong

28/10/2026 at 08:06pm

BoC holds, Fed holds, stocks rise

Central banks weighed in Wednesday with the Bank of Canada raising the key interest rate by 25 basis points to to 2.5% as expected but the U.S. Fed held. The TSX ticked up 0.2% as sectors were mixed. Tech outperformed but telcos and real estate lagged the most. Key names in Toronto: Busch 9.02%, Celestica 8.29%, B2Gold 2.58%, Allied Properties REIT -4.65% and GFL -3.73%.

Trump threatened to bomb Iran after the Midterms sending WTI jumping 2.65% to US$102.55. Gold added US$15 to $4,075 while silver held at US$54.25. In New York, the S&P added 0.28%, the Nasdaq 0.27% and the Dow 0.19%. Sandisk jumped 3.9%, Vertiv 16.48%, Oracle 10.54%, Boston Scientific -5.81% and Baker Hughes -7.36% Bitcoin advanced US$975 US$81659. The U.S  10-year yield edged up to 5.0229%.

👨‍⚕️ Bausch Health Companies Inc. (BHC.TO) +9.02%

🧬 Celestica Inc (CLS.TO) +8.29%

🥇 B2Gold Corp. (BTO.TO) +2.58%

🏛 Allied Properties REIT (AP.UN.TO) -4.65%

♻ GFL Environmental Inc. (GFL.TO) -3.73%

💾 Sandisk Corp (SNDK) +3.9%

🧬 Vertiv Holdings (VRT) +16.48%

💻 Oracle (ORCL) +10.54%

🧫 Boston Scientific Corp (BSX) -5.81%

🛢 Baker Hughes Company (BKR) -7.36%

Ernest Wong, Head of Research, Baskin Wealth Management
Ernest Wong, Head of Research, Baskin Wealth Management on Market Call (BNN TV)28/10/2026 at 05:15pm

NORTH AMERICAN - LARGE

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The market expected today's Bank of Canada interest rate hike to 2.5%, given rising inflation fueled by rising energy prices from the U.S.-Iran war. It probably won't impact the TSX much because the index is heavily weighted in commodities and financials, which may actually benefit from higher rates. The hike follows the U.S. one. AI stocks are driving the market and there's a lack of market breadth. About half the S&P is tied to AI and data centres. But two-thirds of the S&P are trading below their 50-day moving average, mostly those not linked to AI, but that's where opportunities lie. He also likes energy.

Weekly 52-Week Low (or 52-Week High): CFW-T, IPO-T, BA-N, NFLX-Q and More 52-Week Highs and Lows (Oct 21- 27)
28/10/2026 at 04:43pm

Weekly 52-Week Low (or 52-Week High): CFW-T, IPO-T, BA-N, NFLX-Q and More 52-Week Highs and Lows (Oct 21- 27)

52-Week High TSX Stocks Here’s this week’s 52-week high stocks on Stockchase… ⚡ Energy 🏛 Financials 👨‍⚕️ Healthcare 🚚 Industrials 🛍 Consumer 💻 Technology 52-Week Lows TSX Stocks Here’s this week’s 52-week lows stocks on Stockchase… 🚚 Industrials 🛍 Consumer… read more

with Alan Tong

After the close

With Allan Tong

27/10/2026 at 08:06pm

Tech lifts stocks higher, oil slips

The Nasdaq rallied 1.18% Tuesday along with tech: Intel 3.61%, Super Micro Computer 7.34% and Tesla 4.04%. While the Dow was flat, the S&P rose 0.6%. Meanwhile, Boeing reported a miss and dove 10.69% while Valero tumbled 9.24% as the price of oil declined, with WTI sinking 1.7% to US$100. The U.S. 10-year yield inched up to 4.999%.

Other commodities rose: gold added US$42 to US$4,059 and silver advanced 0.9% to US$54.35. Little surprise that materials were easily the strongest sector on the TSX, while energy was the weakest. Sectors were mixed, though the TSX climbed 0.63% or over 220 points. Key Canadian names: Equinox Gold 4.05%, Thomson Reuters -4.5%, Cenovus -4.43% and Celestica soaring 11.92% after a beat.

💾 Intel (INTC) +3.61%

💾 Super Micro Computer (SMCI) +7.34%

🚗 Tesla Inc (TSLA) +4.04%

🛫 Boeing (BA) -10.69%

🛢 Valero Energy Corp (VLO) -9.24%

🥇 Equinox Gold (EQX.TO) +4.05%

🖨 Thomson Reuters Corp (TRI.TO) -4.5%

🛢 Cenovus Energy (CVE.TO) -4.43%

🧬 Celestica Inc (CLS.TO) +11-92%

Barry Schwartz
Barry Schwartz on Market Call (BNN TV)27/10/2026 at 06:09pm

NORTH AMERICAN - LARGE

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The market is volatile. Everyday there is a sector or theme that works: one day AI works, the next AI isn't working, then it's energy or the hyperscalers, then not. We're all slaves to the algo trading and causes people to lose focus on long-term investing. He doesn't trade every two seconds; he focuses on the fundamentals, on quality businesses, over 3-5 years, companies that can grow EPS 10% annually and cash flow. He won't overpay for the enthusiasm for potential AI growth.  He's attracted to niche US software and IT now, and the hyperscalers.

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The Panic-Proof Portfolio (Stockchase Research)
The Panic-Proof Portfolio (Stockchase Research) on Stockchase27/10/2026 at 05:50pm

GLOBAL

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(A Top Pick Sep 15/26, Up 97.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with ANDG has achieved its target at $65.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $53) to $56 at this time.