Weekly Summary - QIS Blog – July 7, 2017 - July 7th 2017
Weekly Summary - QIS Blog – July 7, 2017
Another QIS Update is in draft form as we ready our next email for issuance to all of our subscribers. There has been some more news released from our Feature Companies and we’ll be incorporating that into the next update.
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.
Fairmont Resources (FMR:TSX-V) resumed trading on July 4 after being halted on June 30 pending news. The following news link provides some more details on the Spanish court decision that was announced this past week.
QIS Capital Update #8 was sent out to subscribers on June 30, 2017 with the latest news from 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.
Canadian and US markets both had a holiday this week resulting in a shortened trading week. The two Canadian indices we track both reach new 2017 lows, while the Dow Jones delivered a gain on the week. The S&P TSX Venture Composite Index traded down during each of the four trading sessions this week and on Friday, the index fell to its lowest point of 2017. In total, the TSX Venture lost 11.52 points or 1.5% to finish the week at 755.22 points. Canada’s benchmark index, the S&P TSX Composite Index, also gave up ground this week, trading below 15,000 points for the first time since November 2016. In all, the TSX Composite lost 155.03 points to close on Friday at 15,027.16 points, its lowest close of 2017. In America, the Dow Jones Industrial Average gained 64.71 points this week, finishing on Friday at 21,414.34 points.
TSX near eight-month low as soft oil, rate hike outlook dents risk appetite
Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets
How Canada's weak-dollar strategy flopped—and then backfired http://business.financialpost.com/opinion/philip-cross-how-canadas-weak-dollar-strategy-flopped-and-then-backfired/wcm/8e41e47f-eacb-4c5e-aee3-4a7acde2ae1d
Globe Investor: The Week Ahead