Weekly Summary - QIS Blog – January 5, 2018 - January 5th 2018
Weekly Summary - QIS Blog – January 5, 2018
QIS Updater #1 (2018 Edition) will soon be issued with the latest news from Newlox Gold Ventures (LUX:CSE) and NTG Clarity Networks (NCI:TSX-V).
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.
Our most recent QIS Capital email update was sent out to subscribers on Thursday, December 21, 2017. QIS Update #16 included the latest corporate updates from Fairmont Resources (FMR:TSX-V) and Newlox Gold Ventures (LUX:CSE), plus new contract announcements from NTG Clarity Networks (NCI:TSX-V).
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.
During the first week of trading in 2018, each of the three indexes we track in this section reached new 52-week highs. For the second week in a row, the S&P TSX Venture Composite Index added over 40 points or 5.0% to its value, ending the week at 895.71 points, its highest closing level since October 1, 2014. Over the past 8 trading days, the TSX Venture index is up an astounding 11.4%. Canada’s benchmark index, the S&P TSX Composite, posted more gains this week, adding a combined 140.31 points. The TSX Composite hit an all-time high of 16,421.42 points on Thursday and closed out the week at 16,349.44. In the United States, the Dow Jones Industrial Average surged above 25,000 points for the first time ever, adding 576.65 points during the first week of the year. The Dow Jones hit a new all-time high on Friday of 25,299.79 before closing out the day at 25,295.87 points.
Loonie hits nearly 81 cents on bullish jobs data
Rate hike coming? Canada’s lowest unemployment rate in 41 years boosts odds
Retail investors get the second-class treatment from TD and RBC
Big Oil beginning to look attractive to investors again, but some big fears remain
The week ahead: Loblaw begins gift card registrations; media earnings