Weekly Summary - QIS Blog - February 9, 2018 - February 9th 2018
Weekly Summary - QIS Blog - February 9, 2018
Although QIS Capital has sent out just one official QIS Update email to date in 2018, we will be issuing plenty of updates this year. Stay tuned!
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 QIS Capital Feature Company profile for NTG Clarity Networks (NCI:TSX-V) has recently been updated and posted to the QIS Capital website at www.smallcaps.ca.
Link to NTG Clarity profile: http://www.smallcaps.ca/feature-companies/ntg-clarity-networks-inc-nci-tsx-v
Direct to PDF: http://www.smallcaps.ca/documents/whQt6Kny/NCI1801.pdf
The first QIS Capital email update of 2018 was sent out to subscribers in January 2018. QIS Update #1 included the latest corporate updates 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.
This past week in trading, the major North American markets underwent a significant correction, highlighted by the worst week for the Dow Jones in two years. Despite this downturn in large cap stocks, the S&P TSX Venture Composite Index managed to eke out a gain for the week. The TSX Venture Composite added 1.71 points , closing at 813.39 points on Friday. Canada’s benchmark stock index, the S&P TSX Composite, delivered more losses this week and reach a 52 week low on Friday. The TSX Composite declined by 571.50 points or 3.7% on the week to close on Friday at 15,034.53 points. The index briefly traded down below 14,800 points on Friday, its lowest level since late 2016. In the United States, stocks didn't fare any better with the Dow Jones Industrial Average shedding another 1,330.06 points (5.2%) on the week including two different days with more than 1,000 points lost. The Dow Jones closed on Friday at 24,190.90 points to end the worst week for U.S. stocks in the past two years.
U.S. stocks close higher on Friday, but lose over 5% for week, TSX ends down
Why the Canadian stock market is performing so poorly compared to the U.S. market
Oil and gas producers hedging their bets with forward contracts
‘Keep your wits about you’: What to do when markets go haywire
'Don't panic': Canada sheds 88,000 jobs, biggest decline since 2009