Weekly Summary - QIS Blog - October 5, 2018 - October 5th 2018
Weekly Summary - QIS Blog - October 5, 2018
While we have seen a little bit of life in the small-cap energy markets, the general small-cap market continues to hover near recent and historical lows. As we head into Fall and some colder weather, we’ll continue to monitor the small-cap markets and relay any important news.
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 email update issued by QIS Capital was sent out to subscribers on October 4, 2018. QIS Update #15 included the most recent news and corporate updates from Deer Horn Capital (DHC:CSE) 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.
Each of the indices tracked in this section of the weekly recap experienced a loss for the second consecutive week. The S&P TSX Venture Composite Index declined by 3.46 points to close on Friday at 705.69. Canada's benchmark stock market index, the S&P TSX Composite Index, also posted a loss this past week, closing below 16,000 points for the first time since late May 2018. The TSX Composite gave up a total of 126.97 points during the week and closed on Friday at 15,946.17 points. South of the border in the United States, the Dow Jones Industrial Average was nearly flat on the week. In all, the Dow Jones lost a combined 11.26 points and closed on Friday at 26,447.05.
How investor confidence in Canada improved in just one remarkable week
Jobless rate dips to 5.9% in September on part-time job gains
Loonie 'a flightless bird' amid looming rate decisions: Rosenberg
Before new NAFTA, consumer confidence was suffering
The week ahead: G20 finance ministers, central bankers meet; U.S. bank earnings begin