Weekly Summary - QIS Blog - July 6, 2018 - July 6th 2018
Weekly Summary - QIS Blog - July 6, 2018
Upcoming Events
A couple of QIS Capital's Feature Company Profiles were updated and posted to the website this past week. We'll continue to update these informative 2-page reports as the companies continue to release news and financial results.
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.
Recent Events
The most recent emailed update issued by QIS Capital was sent out to subscribers on July 3, 2018. QIS Update #12 included the latest news items from Deer Horn Capital (DHC:CSE) and Newlox Gold Ventures (LUX:CSE).
Link to QIS Update #12: http://www.smallcaps.ca/updates/qis-update-12-2018-more-news-from-deer-horn-capital-and-newlox-gold-ventures
The Feature Company Profiles for Newlox Gold Ventures (LUX:CSE) and NTG Clarity Networks (NCI:TSX-V) were recently updated and uploaded to the QIS Capital website. The links are provided below for those who have not yet had a chance to check out the updated reports.
Newlox summary page: http://www.smallcaps.ca/feature-companies/newlox-gold-ventures-corp-lux-cse
LUX Report - PDF Link: http://www.smallcaps.ca/documents/kcMpxHBF/LUX1806.pdf
NTG Clarity summary page: http://www.smallcaps.ca/feature-companies/ntg-clarity-networks-inc-nci-tsx-v
NCI Report - PDF Link: http://www.smallcaps.ca/documents/WVwKpgtP/NCI1806.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.
Market News
June trading is officially in the rearview mirror and the first week of July had trading closures in both Canada and the USA due to national holidays. The S&P TSX Venture Composite Index was extremely flat on the week, adding just 0.14 point on the week before closing at 740.10 on Friday. Canada’s benchmark index, the S&P TSX Composite, was in a gain position for the 4-day week, adding a combined 94.05 points and closing on Friday at 16,371.78 points. South of us in the United Sates, the Dow Jones Industrial Average was also up this week, advancing by 185.07 points over the course of the four trading days. The Dow Jones closed on Friday at 24,456.48 points.
Trade war fallout: Why oil and the loonie are finally headed apart
http://www.cbc.ca/news/business/oil-loonie-price-1.4733535
Canada added 32,000 jobs in June but more seekers pushed up jobless rate to 6%
http://www.cbc.ca/news/business/canada-jobs-1.4736272
Trump versus the world: A look at America's trade disputes
https://www.ctvnews.ca/world/trump-versus-the-world-a-look-at-america-s-trade-disputes-1.4003138
Bank of Canada in a ‘tough spot’ as rate decision looms
https://www.bnnbloomberg.ca/bank-of-canada-in-a-tough-spot-as-rate-decision-looms-1.1104160
The Week Ahead: Bank of Canada decision, Trump meets the Queen
https://www.bnnbloomberg.ca/the-week-ahead-bank-of-canada-decision-trump-meets-the-queen-1.1104190
