Weekly Summary - QIS Blog - June 28, 2019 - June 28th 2019
Weekly Summary - QIS Blog - June 28, 2019
With the final day of June trading behind us, the summer of 2019 is officially upon us. Whether it is a quiet summer in the small cap markets without much action until September remains to be seen. Things have certainly slowed down on the news front. The last QIS Update was issued just over a month ago, but we will continue to monitor the newswires to stay on top of the latest developments from our feature companies and other relevant small cap stocks. Companies typically release fewer news items this time of year, but we will pass on any updates and commentary 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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During this past week, each of the three indexes tracked in our weekly blog posted a loss, which was in direct contrast with the week before when gains were had by all. The S&P TSX Venture Composite Index moved down by a total of 7.10 points on the week to close on Friday at 585.47. Canada's most followed stock market index, the S&P TSX Composite Index, was also in negative territory on the week, finishing on Friday at 16,382.20 points. In total for the week, the TSX Composite declined by 143.23 points. South of us in the USA, the Dow Jones Industrial Average shed a total of 119.17 points on the week, retreating from 8-month highs during the week ended June 21. On Friday, June 28, the Dow Jones closed at 26,599.96 points.
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