Weekly Summary - QIS Blog - June 14, 2019 - June 14th 2019
Weekly Summary - QIS Blog - June 14, 2019
With the 2019 summer doldrums upon us and the school year coming to an end, we'd like to wish all the dads out there a Happy Father's day. As always, we will continue to monitor the small cap newswires to stay on top of the latest news and financial results being released to the market. Things are often slower this time of year for small caps, but we will report news and updates as needed!
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.
The most recent QIS Capital Update was issued to all subscribers on May 23, 2019. This update included financial results and news from NTG Clarity Networks (NCI:TSX-V).
Other recent QIS Updates:
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The TSX Venture index has posted a loss for the second consecutive week while the other two indices tracked in this section of the weekly blog had gains for the second straight week. The S&P TSX Venture Composite Index declined by a total of 8.70 points on the week to close on Friday at 587.84. Canada's most followed stock market index, the S&P TSX Composite Index, was up on the week, finishing on Friday at 16,301.91 points. In total for the week, the TSX Composite increased by 70.95 points. Down in the United States, the Dow Jones Industrial Average added a total of 105.67 points on the week, closing on Friday at 26,089.61 points.
Expect rate cuts to wait till Fed thinks they're essential: Don Pittis
Federal cabinet to decide again on Trans Mountain pipeline expansion this week
Crude oil production to reach 5.86M barrels per day by 2035: CAPP
Key household debt ratio held steady in first quarter: StatsCan
The Week Ahead: Feds make Trans Mountain call; Fed decision