Weekly Summary - QIS Blog - June 8, 2018 - June 8th 2018
Weekly Summary - QIS Blog - June 8, 2018
While some investors have sold in May and gone away with that month now in the rear view mirror, June is upon us and we'll be monitoring summer trading activity. As our Feature Companies release news this summer, we'll keep subscribers up to date along with any other stocks that have some notable news or trading activity to highlight.
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 emailed update issued by QIS Capital was sent out to subscribers on June 6, 2018. QIS Update #10 included the latest news from Deer Horn Capital (DHC:CSE), which has now doubled in share price since our original introduction to the company, and more gold news from Newlox Gold Ventures (LUX:TSX-V).
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 first full week of trading in June 2018 resulted in gains for each of the three indices tracked in this section of the weekly recap. The S&P TSX Venture Composite Index gained a total of 9.28 points on the week, closing at 775.22 on Friday. Canada’s benchmark S&P TSX Composite index posted five straight days of gains on the week and increased by a cumulative 159.15 points. The TSX Composite index closed on Friday at 16,202.69 points. South of the border, the Dow Jones Industrial Average shot up by 681.32 points over the course of the trading week, aided by a 346 point boost on Wednesday. The Dow Jones closed on Friday at 25,316.53 points, its highest closing level since mid-March 2018.
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Trudeau and Trump discuss speeding up NAFTA talks in meeting at G7
When the next crash hits, the question won't be how low, but how long
Bank of Canada says household debt vulnerabilities are easing
The Week Ahead: Trump-Kim summit, Fed rate decision
Company to Watch
In our QIS Update sent out on June 6th we mentioned to keep an eye on VitalHub Corp. (VHI:TSX-V). The stock has continued to move up on heavy volume and hit $0.315 earlier today. This was the qualifying transaction for Quinsam Opportunities back in 2016. VitalHub develops and supports mission-critical health care information systems in the mental health (child, youth and adult), long-term care, community health service and hospital sectors. VitalHub's technologies include blockchain, mobile, Web-based assessment and EHR solutions.