Weekly Summary - QIS Blog – July 28, 2017 - July 28th 2017
Weekly Summary - QIS Blog – July 28, 2017
While the summer months are typically quite slow on the news front, there have been some developments announced by a few of our feature companies. Accordingly, we are working to update the corresponding Company Profiles for those companies which have had recent news.
Looking ahead for the rest of 2017, we’ll be conducting a little more independent stock research with the intent to produce and issue some more Independent Research Reports on some of the quality companies that we look into.
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.
QIS Capital Update #9 was sent out to subscribers on July 21, 2017. It included all of the latest announcements from Blue River Resources (BXR:TSX-V), Fairmont Resources (FMR:TSX-V), Lingo Media (LM:TSX-V), and Newlox Gold Ventures (LUX:CSE).
To receive QIS Capital’s email updates directly in your inbox as they are issued, please sign up for free at: http://www.smallcaps.ca/investor_signup. We typically send out 3-4 email updates per month.
This past week, the Canadian dollar reached two year highs while the Dow Jones set more all-time highs. The S&P TSX Venture Composite Index recorded another gain this week, adding 11.62 points or 1.5% to close on Friday at 772.57 points. Canada’s benchmark index, the S&P TSX Composite Index, reported a loss on the week. The TSX Composite fell by 54.48 points to close on Friday at 15,128.65 points. In the United States, the Dow Jones Industrial Average set another all time high on Friday of 21,841.18 points before ending the day at its highest ever close of 21,830.31 points. For the week, the Dow Jones added a total of 250.24 points.
Loonie shoots higher as oil rises, economy posts strong growth
Canada's GDP expanded by 4.6% in the year up to May, strongest pace in 17 years
Feds start fiscal year with modest surplus, but big spending on the horizon
Pot investing pitfalls, profiting on FAANG and how to survive an increasingly complex financial world
The week ahead: Earnings blitz continues; Canadian jobs data