Weekly Summary - QIS Blog - April 6, 2018 - April 6th 2018
Weekly Summary - QIS Blog - April 6, 2018
There are only approximately 3 weeks remaining before the CRA personal income tax deadline arrives on April 30.
There are a couple of financings closing in the near future that we have mentioned in the most recent QIS Update. This information is linked to below.
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's most recently issued update was sent out to subscribers on March 29, 2018. QIS Update #4 includes a pair of private placement opportunities for companies that we have been following.
Link to QIS Update #4: http://www.smallcaps.ca/updates/qis-update-4-2018-two-private-placement-opportunities
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.
The first trading week in April 2018 resulted in losses for each of the three major indices we track in this section of the weekly recap. The S&P TSX Venture Composite Index decreased by another 27.52 points this week, closing at 769.15 on Friday. On Wednesday, the TSX Venture Composite fell to less than 754 points for the first time since mid-July 2017. Over the past 11 trading days, the TSX Venture Composite Index has shed 62 points or 7.5%. Canada’s most followed stock index, the S&P TSX Composite, lost 159.88 combined points during the first week of April following the Easter holiday. The TSX Composite dipped below 15,000 points on Wednesday for the first time since Feb. 9th and closed on Friday at 15,207.41 points. South of the border in the United States, the Dow Jones Industrial Average decreased by 170.35 points on the week, with significant Monday and Friday losses bookending three days of triple digit gains. The Dow Jones closed out the week at 23,932.76 points.
Markets sell off, Dow plunges over 700 points as wild ride continues
Trans Mountain pipeline on hold as pressure mounts on B.C. to drop opposition
Canada adds 32,300 jobs, all full time, as jobless rate stays at record low
NAFTA partners scramble to reach preliminary deal as talks enter 'intensive' phase
Tax deadline looms: Which credits have changed?
The Week Ahead: Zuckerberg testifies before House panel, Peru summit