Weekly Summary - QIS Blog - May 18, 2018 - May 18th 2018
Weekly Summary - QIS Blog - May 18, 2018
We are expecting NTG Clarity Networks to release the company’s first quarter financial and operating results either late this week or early the following week. With all of the cost cutting measures in place for the full quarter we are expecting positive financial results.
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.
QIS Capital has issued a pair of QIS Update emails in the past 10 days. The most recently issued update was sent out to subscribers on May 18, 2018. QIS Update #8 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 Newlox Gold Ventures (LUX:CSE).
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.
For the sixth week in a row, the TSX Composite Index delivered a gain for investors. The TSX Venture Index also posted a weekly gain while the Dow Jones weakened. The S&P TSX Venture Composite Index added a total of 3.48 points on the week, closing at 786.39 on Friday. Canada’s red hot S&P TSX Composite, which has posted a gain in 23 of the past 27 trading days, locked in a sixth straight positive week. The TSX Composite added a combined 178.99 points before closing on Friday at 16,162.31 points, its highest close since late January 2018. During its six week run, the TSX Composite has moved up about 1,000 points. In the United States, the Dow Jones Industrial Average fell by 116.08 points over the course of the trading week, unable to recover from a 193 point decline on Tuesday. The Dow Jones closed on Friday 24,715.09 points.
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