Weekly Summary - QIS Blog - March 22, 2019 - March 22nd 2019
Weekly Summary - QIS Blog - March 22, 2019
As mentioned in past updates, Canadian small-cap stocks have been performing quite well to date in 2019. The TSX Venture has now moved up 80 points this year or 14.5%. QIS Capital will continue to monitor the newswires and keep in close contact with management for pertinent updates on each of the companies we report on as we seek out noteworthy developments from our regular featured companies.
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 a couple of weeks ago 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 QIS Update from February 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.
While the Canadian small cap index we follow was able to realize a gain this week, both large cap indices we track were in the red. The S&P TSX Venture Composite Index moved up by a total of 10.05 points overall to finish on Friday at 637.82, continuing its strong first quarter performance in 2019. Canada's widely followed stock market index, the S&P TSX Composite Index, was back in red territory this week, posting an overall loss of 51.02 points. This week, the TSX Composite hit a 6 month high of 16,275 points on Tuesday, but closed out on Friday down at 16,089.33. South of the border in the United States, the Dow Jones Industrial Average sustained a Friday selloff that pushed the index into a loss for the week. The Dow Jones decreased by a combined 346.55 points on the week and closed on Friday at 25,502.32.
Canada's main stock index just endured worst day of 2019
Pace of inflation in Canada ticked higher in February
Federal budget shows Alberta's oil and gas sector not a priority, industry group says
Personal Investor: RRSP break for homebuyers shows Ottawa living in the past
The Week Ahead: Canadian GDP; U.S.-China trade talks