50% off Premium Yearly
If that were to occur, there's a whole other swath of areas that would be under greater threat of collapse. For example, what's going to happen to a stock like CLS? Ultimately, copper wouldn't be under that much risk.
Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).
Our PAST TOP PICK with AVGO has triggered its stop at $378. To remain disciplined, we recommend covering the position at this time. When combined with our previous guidance, this will result in a net investment gain of 2%.
Tuesday markets looked like Monday’s after the TSX and Dow made new closing highs while tech and crude oil declined. In Toronto, outsized gains in materials largely offset losses in seven sectors, including discretionary, tech and energy. The Canadian index gained 0.32% to 35,390. Most active were CNQ at -1.76%, B2Gold 2.24% and Barrick Mining 2.32%. Meanwhile, Cenovus slipped 3.24% and SSR Mining jumped 10.21%. Gold added US$21 to US$4,333, while silver held just below $70, and WTI sank another 5.15% to US$76.60 during the US-Iran ceasefire.
In New York, the Dow made yet another record close, this time advancing 0.64%, though the S&P slipped 0.57% and the Nasdaq fell 1.15%. tech suffered major losses with Nvidia declining 2.37% and Intel tumbling 8.45%. Meanwhile, Moderna rallied 6.27%, Take-Two Interactive bounced 6.35% as Cboe Global Markets cratered by 9.45%. Bitcoin fell over 1.1% to US$65,755. The U.S. 10-year yield slipped to 4.437%.
🛢 Canadian Natural Rsrcs (CNQ.TO) -1.76%
🥇 B2Gold Corp. (BTO.TO) +2.24%
⛏ Barrick Mining (ABX.TO) +2.32%
🛢 Cenovus Energy (CVE.TO) -3.24%
⛏ SSR Mining (SSRM.TO) +10.21%
💾 NVIDIA Corporation (NVDA) -2.37%
💾 Intel (INTC) -8.45%
💉 Moderna (MRNA) +6.27%
💾 Take-Two Interactive Software (TTWO) +6.35%
🏛 CBOE Holdings Inc. (CBOE) -9.45%
🅱 Bitcoin (BTCUSD) (BTC-USD) -1.1%
June can be choppy, and there has been recently. Risk is still there, because the breadth in the US market has been lousy. So, he's cautious US stocks and bullish Canadian. Only tech is beating the S&P while all else is lagging. In Canada, many sectors are beating the baseline TSX. He's buying Canadian tech--it's building a base and trying to break out, such as the XIT ETF. In contrast, US tech is parabolic, and it won't last.
Is near a 52-week high. He wants yields to go lower. Money is coming out of oil and into precious metals.
It remains a bifurcated market. Most consumers will still dig themselves out of a hole, living paycheque to paycheque. The other consumers are driving the market and spending.
Prefers Microsoft to Meta, which are both off their highs by the same percentage. MSFT will monetize their AI faster.
The question was on the semi-conductor space. You need good quality companies and the right timing. You have to be careful in this and the memory space which have had a great run, some moving parabolically. Keep your involvement balanced through the percentage it takes up of your portfolio. You can use these stocks as trading vehicles and trim as they get too high.
Markets in Toronto and New York ripped on Monday after a ceasefire was announced in the US-Israel-Iran war the day before. Led by minerals, the TSX jumped over 300 points to set a new record at 35,275. Silver rallied nearly 3% to US$81.50 while gold rose about US$100 to US$4,317. The session’s biggest gainers were all miners: Aya Gold & Silver up 10.49%, Denison 8.41%, Eldorado Gold 10.05% and Barrick 4.21%. Predictably, energy was the biggest loser. CNQ sank 2.7% as WTI slid 4% to US$81.50.
In New York, tech led the rally as the Nasdaq jumped over 3% or nearly 800 points. The S&P leapt 1.66% and the Dow advanced 0.92% to its own record close. Major movers included Nvidia up 3.54% as the most active name again, Micron 10.84%, Intel 2.04%, Western Digital 16.1% and DoorDash 11.63%. While the U.S. 10-year yield held at 4.475%, Bitcoin climbed 4% to US$66,510.
⛏ Aya Gold & Silver (AYA.TO) +10.49%
⛏ Denison Mines Corp (DML.TO) +8.41%
⛏ Eldorado Gold (ELD.TO) +10.05%
⛏ Barrick Mining (ABX.TO) +4.21%
🛢 Canadian Natural Rsrcs (CNQ.TO) -2.7%
💾 NVIDIA Corporation (NVDA) +3.54%
💾 Micron Technology (MU) +10.84%
💾 Intel (INTC) +2.04%
💾 Western Digital (WDC) +16.1%
📦 Doordash (DASH) +11.63%
🅱 Bitcoin (BTCUSD) (BTC-USD) +4%
No show today.

Here are the Canadian companies listed on Stockchase who are reporting earnings this week: 🚚 Industrials 🛍 Consumer Use this list wisely to identify buying opportunities.Happy trading !!! read more
Build your watch list
Sign in to track investments
you care about