Weekly Summary - QIS Blog - December 28, 2018 - December 28th 2018
Weekly Summary - QIS Blog - December 28, 2018
In what will be our final blog post of 2018, we'd like to wish all of our subscribers and readers a very Happy New Year and all the best to everyone in 2019!!
Any trading conducted on Friday, Dec. 28 or on Monday, Dec. 31 will be treated as a 2019 trade with the settlement date officially landing in Jan. 2019.
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.
It was a quiet month on the news front as we watched the markets deliver one of the worst Decembers on record. The most recent email update issued by QIS Capital was sent out to subscribers on November 26, 2018. QIS Update #19 included the latest news from Deer Horn Capital (DHC:CSE), and Q3 results from NTG Clarity Networks (NCI:TSX-V).
An updated QIS Capital Feature Company Profile dated Nov. 23rd for Deer Horn Capital (DHC:CSE) has recently been uploaded to the QIS Capital website.
Direct to PDF: http://www.smallcaps.ca/documents/mfVKRtGv/DHC1811.pdf
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 10-15 email updates per year.
The final week of trading in December was a partial week due to Christmas Day in Canada and the USA and Boxing Day in Canada. For the first time in a couple of months, the S&P TSX Venture Composite Index posted a gain on the week, but not before falling to a new 52-week low on Christmas Eve. The TSX Venture Exchange reached 528.53 points on Monday before turning things around and posting a gain on each of the three trading days this week. In total, the TSX Venture increased by 21.89 points, finishing at 552.09. Canada's benchmark stock index, the S&P TSX Composite Index, also reached a new 52-week low on Monday before climbing back to post a weekly gain. The Monday low was 13,776.88 points, but the weekly gain was 286.56 points overall. On Friday, the TSX Composite closed at 14,222.00 points. Down in the United States, the Dow Jones Industrial Average regained some losses starting on Wednesday immediately after the index hit a fresh 52-week low of 21,712.53 points. In all for the week, the Dow Jones added a combined 617.03 points to close on Friday at 23,062.40.
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