The Daily Commentary

   

The Daily -October 27th, 2017

October 27, 2017   Daily Market Commentary   Canadian Headlines Potash Corp. of Saskatchewan Inc., posted disappointing third-quarter earnings on Thursday as rising supplies of nitrogen and phosphate-based crop nutrients weighed on prices. Profit excluding one-time items was 9 cents a share, trailing the 12-cent average…

The Daily -October 26th, 2017

October 26, 2017   Daily Market Commentary Canadian Headlines Canada’s stock benchmark posted its biggest drop in two weeks amid declines in industrial, energy and financial shares, while the loonie fell to its lowest since July. The S&P/TSX Composite Index lost 50 points or 0.3…

The Daily -October 25th, 2017

October 25, 2017   Daily Market Commentary Canadian Headlines Canadian stocks came within a point of their all-time closing high before moderating their gains, with energy stocks moving into the red. The S&P/TSX Composite Index rose 49 points or 0.3 percent to close at 15,905.14….

The Daily -October 24th, 2017

October 24, 2017   Daily Market Commentary Canadian Headlines Canadian stocks were little changed after giving up earlier gains, as declines in energy shares offset increases in most other sectors. The S&P/TSX Composite Index closed down 1 point or less than 0.1 percent to 15,855.76…

The Daily -October 23rd, 2017

October 23, 2017   Daily Market Commentary Canadian Headlines President Donald Trump’s threat to tear up the North American Free Trade Agreement is falling on deaf ears in Canadian markets. Magna International Inc. and other Canadian companies that rely on trade with the U.S. and Mexico are…

The Daily -October 20th, 2017

October 20th, 2017   Daily Market Commentary Canadian Headlines Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars — specifically the lidar (laser radar) technology that lets these vehicles see where they’re going. The nation’s main…

The Daily -October 19th, 2017

October 19th, 2017   Daily Market Commentary Canadian Headlines A C$1.7 billion ETF tracking the biggest Canadian stocks is indicating the recent rally has more room to run. Shares in the Horizon S&P/TSX 60 Index ETFrecently formed a golden cross trading pattern, meaning the short-term moving average…

The Daily -October 18th, 2017

October 18th, 2017   Daily Market Commentary Canadian Headlines Canadian stocks edged closer to an all-time high as an aerospace deal sent Bombardier Inc. shares soaring and the telecom sector rose ahead of earnings. The S&P/TSX Composite Index added 14 points or 0.1 percent to…

The Daily -October 17th, 2017

October 17th, 2017   Daily Market Commentary Canadian Headlines Canadian stocks were less than 150 points shy of their closing record as gains in oil and copper drove a gauge of commodities to its highest level in six months. The S&P/TSX Composite Index fell 4.5 points or…

The Daily -October 16th, 2017

October 16th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks inched closer to an all-time high, touching their highest level in eight months as the telecom, energy and financial sectors boosted the benchmark. The S&P/TSX Composite Index rose 65 points or 0.4 percent…

Twitter IconVisit Our LinkedIn Page