Weekly Summary - QIS Blog - March 1, 2019 - March 1st 2019
Weekly Summary - QIS Blog - March 1, 2019
The overall markets have been very favourable to-date in 2019. Even the small-caps have been doing pretty well with the TSX Venture moving up 66 points this year or 11.9%. Unfortunately, we haven't seen much movement in the companies we report on as there has been a lack of news flow and new developments from these companies. QIS Capital will continue to monitor the newswires carefully as we seek out noteworthy developments from both our regular featured companies as well as other new opportunities.
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 email update was completed and sent out by QIS Capital to all subscribers on February 27, 2019. This update included the latest news and information from Newlox Gold Ventures (LUX:CSE) and NTG Clarity Networks (NCI:TSX-V).
Past update from Feb. 1, 2019:
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.
Both of the major Canadian indices tracked in our weekly blog posted another gain this past week while the Dow Jones was flat. The S&P TSX Venture Composite Index added a total of 1.89 points overall to finish on Friday at 625.16. Canada's benchmark stock market index, the S&P TSX Composite Index, posted its tenth consecutive weekly gain and has been in the green during 35 of the past 45 trading days. On Friday, the TSX Composite reached a new 4-month high of 16,122 points and closed at 16,068.25, an increase of 55.24 from last week. Down in the United States, the Dow Jones Industrial Average was nearly flat, falling just 5.49 points in total over the past week. The Dow Jones closed on Friday at 26,026.32.
TSX winning streak hits 10 weeks on broad-based rally
Canada's economy shrank by 0.1% in December
Alberta's OPEC-style oil cut puts a stop to easy money for American refineries
Personal Investor: Pay-as-you-go financial advice could slash fees
The Week Ahead: Bank of Canada rate decision, PDAC