The Canadian Vanguard Stock Market Report – Wednesday, May 14, 2025

Market Rally Rolls On, Powered by US President Trump’s Massive Deal Wins in the Middle East

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The Toronto Market

The TSX composite index was up 75.59 points or 0.30%, to close the session at 25,692.45. The TSX is up six consecutive sessions. The total volume of shares traded was down today compared to yesterday.

                                                                                                                                     

The Market Breadth: The TSX gained today but the market breadth was bearish. Only three sectors: Technology, up 2.06%; Industrials, up 1.25%; and Financials, up 0.47%, gained at the market session. Utilities was down, -0.10%; Energy was down -0.18%; Discretionary Consumer Goods & Services declined -0.49%; Durable Consumer Goods & Services declined -0.69%; Telecommunications Services was down -1.37%; and Basic Materials declined -1.64%.

Industry Groups:  The top five industry groups in the TSX today were: Textiles & Leather Goods, up 14.75%; Insurance – Multiline, up 3.85%; Office Equipment, up 3.42%; Electrical Component & Equipment, up 3.28%; and IT Services & Consulting, up 3.12%.

Industry Groups and Penny Stocks: Readers are cautioned that typically when an industry Group within the TSX composite index makes a two digit, typically between 10% and 20%, gain at a market session, the industry group is usually comprised of penny stocks. Readers should always check to confirm. We typically do not cover penny stocks in our reports, however, we spare no effort to ensure that we present only accurate data to our readers. We publish for all readers including those who follow penny stocks.

Today’s Statistics: Today, the issues that declined (Decliners) outnumbered those that gained (Advancers). There were roughly two Decliners for every Advancer, or a more exact ratio of 1.77-to-1.0. In real numbers, there were 1,219 Decliners to 688 Advancers while 130 stocks remained Unchanged.

Today, there were 58 new 52-Week Highs and 28 new 52-Week Lows. There were 91 new 52-Week Highs and 15 new 52-Week Lows yesterday.

The total volume of shares traded at the TSX today was 387,077,617, or 8% less than the volume of 418,823,413 shares traded yesterday.

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The US Markets

The Dow Jones Average index -89.37 points or -0.21% to close at 42,051.06. The S&P 500 index gained 6.03 points or 0.10% to close at 5,892.58. The Nasdaq Composite advanced 136.72 points or 0.72%, to close at 19,146.81. In small caps, Russell 2000 was down -18.58 points, or -0.88% to close at 2083.80.

The Market Breadth: Only two of the major sectors gained in today’s market session. Technology, up 1.02%; and Durable Consumer Goods & Services, up 0.14% were the two sectors. Financials was down -0.04%;  Discretionary Consumer Goods & Services declined -0.12%; Utilities declined -0.38%; Energy declined -0.46%; Telecommunications Services declined -0.51%; Industrials was down -0.51%; Basic Materials was down -0.94%; and Healthcare was down -2.09%.

Industry Groups:  The top five industry groups in the TSX today were: Paper Packaging, up 2.29%; Computer Hardware, up 2.28%; Semiconductors, up 2.23%; Auto & Truck Manufacturers, up 2.09%; and Aluminum, up 1.99%.

Today’s Market Statistics  

At the NYSE, the issues that declined (Decliners) outnumbered the issues that gained (Advancers). There were roughly two Decliners for every Advancer, or an exact ratio of 1.97-to-1.0. In actual numbers, there were 2,718 Decliners to 1,382 Advancers with 280 Unchanged.

Today, there were 132 new 52-Week Highs and 68 new 52-Week Lows. There were 189 new 52-Week Highs and 77 new 52-Week Lows yesterday.

The total volume of stocks traded today at the NYSE was 5,333,959,365, or 5% less than the total volume of 5,626,256,615 shares traded yesterday.

On the NASDAQ, the Decliners outnumbered the Advancers. There were roughly seven Decliners for every four Advancers, or an exact ratio of 1.75-to-1.0. In actual numbers, there were 2,853 Decliners to 1,634 Advancers with 222 Unchanged.

Today, there were 137 new 52-Week Highs and 128 new 52-Week Lows. There were 170 new 52-Week Highs and 108 new 52-Week Lows yesterday.

The total volume of shares traded at the NASDAQ today was 12,339,402,815, or 30% more than the total volume of 9,566,039,161 shares traded yesterday.

Market Roundup Report

The current market rally rolls on, energized by Trump’s massive deal wins during his current trip to the Middle East. Trump’s big wins will keep Boeing Company flying for years. The White House said the order will support 154,000 U.S. jobs annually, totaling over 1 million jobs in the U.S. during the course of production and delivery. The beneficiary companies are Boeing and GE Aerospace

Oil Price:   U.S. crude oil prices were up earlier during the day but futures are down as US crude inventories are up.  US crude oil price was down at $61.90 a barrel as of the time (10:00pm ET, Wednesday) of this post update.

10 –year Treasury Yield:   The US Treasury 10-year yield rose to 4.53% earlier today. The 10-year yield was at 4.538% as of the time (10:00pm ET, Wednesday).

After-hours action:  Futures slipped this evening, even though S&P 500 index has of today, posted three consecutive sessions of gain and NASDAQ has also posted six consecutive sessions of gain. Dow Futures was down -167 points or -0.40% vs. fair value. S&P 500 futures was down -0.19%, and Nasdaq 100 futures was down -0.10% as of the time (10:00pm ET, Wednesday) of this post update.

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Stock in the News / Stock To Watch

US President Trump has been doing his best selling American products while on his current  trip to the Middle East. Boeing Company and GE Aerospace are the latest companies to benefit from Trump’s Trade Talks wheeling and dealing super power. Two days ago technology companies were the focus of his efforts. Nvidia benefitted from that effort NASDAQ has been up six consecutive market sessions. Recently when Nvidia Corp is up, NASDAQ is up. GE Aerospace and Boeing are two non-technology companies worth keeping an eye on.  On Tuesday, Trump secured 96 billion order for planes from Boeing from the Qatar government.

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Regular Market Day Features

The  Canadian Vanguard Beginner’s Watchlist

The Blended Growth Stock Watchlist

Tech stocks are back. Shopify Inc. and Celestica Inc. are worth keeping an eye on.

EV Manufacturers and Resource Stocks

Tesla (TSLA) stock is up six consecutive sessions. The stock continues to defy the fundamentals. The market will, of course, always do what it wishes to do. That, also, is fundamental.

NOTICE TO READERS