Making sense of the markets this week: July 19 Jul 19th

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Hit and run China's communists take control of tech - The Economist Jul 8th

Hit and run China's communists take control of tech  The EconomistChina tries to quell investor fears about internet companies  Yahoo Canada FinanceDidi extends slump as China weighs changes to US IPO rules  BNNOwning Chinese Companies Is Complicated  Bloomber.... More »

Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war - Investing.com + MORE Mar 23rd

Iran conflict latest: IEA warns of "very severe" oil crisis sparked by war  Investing.comMore than 40 Middle East energy assets ‘severely damaged,’ IEA chief says  CNBCIran war energy crisis equal to 70s twin oil shocks and Ukraine invasion fallout, says IEA chief | First Thi.... More »

Chelsea soccer club being sold to L.A. Dodgers owners, investors for $3B US - CBC Sports May 7th

Chelsea soccer club being sold to L.A. Dodgers owners, investors for $3B US  CBC SportsChelsea being sold to Dodgers owners for sports record $3BN  Yahoo Canada FinanceChelsea: American billionaire Todd Boehly completes takeover as Roman Abramovich finally sells club  D.... More »

The best travel credit cards in Canada for 2024 Aug 30th

Credit card comparison tool Compare your travel card options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more. <script src="https://www.ratehub.ca/scripts/rh-widget-loader.js" rh-aff-id="780" rh-lang=&quo.... More »

What the right ETFs can do for you Nov 29th

Jonathan Chevreau will be presenting: The MoneySense ETF All-Stars and Their Role in Establishing Financial Independence and Generating Retirement Income on Thursday, December 2, 2021 at 12:25 p.m. to 12:55 p.m. EST. Now in its ninth year, the ETF All-Stars helps Canadian investors narrow down the f.... More »
Making sense of the markets this week: July 19Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. 
Vaccine optimism gives stocks another boost
Wednesday offered some good news on the COVID-19 front. While there are dozens upon dozens of groups working on vaccines, AstraZeneca and Oxford University may be leading the way. Early-stage human trial data on a COVID-19 vaccine being developed by this group will be published on July 20, The Lancet medical journal reported on Wednesday.
This hint of good news was enough to drive stocks higher. And it was the riskier stocks that took flight. Literally. 
Here was the price action for the major US airlines, for Wednesday July 15, 2020: 

Airline stock
Price change as of July 15, 2020

American Airlines Group (AAL)
Up 16.2%

United Airlines (UAL) 
Up 14.6%

Delta Airlines (DAL)
Up 9.5%

Alaska Air (ALK)
Up 9.2%

Southwest Airlines (LUV) 
Up 7.5%

Even restaurant stocks got into the act. Restaurant Brands International, the owner of Tim Hortons, Burger King and Popeyes, traded up some 3…

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