Weekly Summary - QIS Blog – December 1, 2017 - December 1st 2017
Weekly Summary - QIS Blog – December 1, 2017
The next QIS Capital Email Update, #15 for the year, will soon be finalized and sent out to our subscribers with the latest news from Newlox Gold Ventures Corp. (LUX:CSE) and Fairmont Resources Inc. (FMR:TSX-V). We typically send out 1-2 email updates each month.
To receive QIS Capital’s email updates directly in your inbox as they are issued, please sign up at: http://www.smallcaps.ca/investor_signup. We typically send out 15-25 email updates per year.
Our most recent QIS Capital email update was sent out to subscribers a couple of weeks ago on November 16, 2017. QIS Update #14 included the third quarter results for NTG Clarity Networks (NCI:TSX-V) and we announced that we are discontinuing coverage of a company.
We are always looking for new investment ideas and are open to researching any promising companies discussed in this forum or presented to us via email or phone call. As always, we have a preference for those stocks which are fundamentally sound, undervalued and underfollowed.
While both Canadian indices tracked in this section were down this past week, the Dow Jones Industrial Average moved up sharply during the same time period. The S&P TSX Venture Composite Index shed 5.01 points to close on Friday at 789.00. Canada’s most watched index, the S&P TSX Composite, lost ground on four out of five trading days this week, shedding a combined 69.12 points. The TSX Composite closed on Friday at 16,038.97 points. Down in the United States, the Dow Jones Industrial Average posted a significant gain for the week of 673.60 points and reached a new all-time high on Nov 30 of 24,327.82. The Dow Jones finished at 24,231.59 points on Friday.
Job surge drops unemployment rate to 5.9 per cent; economy grows 1.7 cent in third quarter
Loonie notches strongest gain in nearly 3 months on jobs surprise
Why markets are rewarding 'invisible' assets, a stock that's not a waste, and why volatility is on the rise
Bank of Canada releases white paper on merits of creating digital currency http://business.financialpost.com/news/economy/bank-of-canada-releases-white-paper-on-merits-of-creating-digital-currency-2
The week ahead: Bank of Canada rate decision, Trudeau heads to China