Markets

Stock Pickers Digest Hotline – Friday, June 14, 2019

BMTC GROUP INC., $13.06, symbol GBT on Toronto, has 36 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. The company mainly sells these items through two chains: Brault & Martineau and Ameublements Tanguay. BMTC has changed its fiscal year end to January 3 ...

Southern Energy Corp. Announces Closing of Strategic Asset Acquisition in the Southern United States and $8.1 Million Convertible Debenture Financing

CALGARY, June 14, 2019 /CNW Telbec/ – Southern Energy Corp. (“Southern” or the “Company“) (TSXV: SOU) has completed its previously announced acquisition of high quality, low decline natural gas assets (the “Assets“) in the State of Mississippi for cash consideration of US$16.5 million ...

Dollar Rallies Ahead of FOMC Meeting; Markets Await Fed Signal for July Cut

Markets are bracing for updates on tactical trade war positioning and central bank rate decisions.  The dollar’s recent rally stemmed on better than expected economic data that could convince Fed officials that the economy is healthy enough and might not require an immediate rate cut.  US stock ...

Weekly Headings

The sharp increase in geopolitical risk, potential action by OPEC to boost crude oil prices (through further supply cuts), and our view that concerns surrounding global growth are overdone support our year-end WTI forecast of $70/bbl. ...

Previewing Next Week’s FOMC Meeting

How much longer can the Fed stay patient? We see a change coming. ...

Monthly Sector Rankings Show Defensive Leadership

Editor's Note: This article was originally published in John Murphy's Market Message on Friday, June 14th at 1:20pm ET. Chart 1 is taken from the Sector Summary page for the past month. And it shows that investors are still gravitating toward defensive issues. Four of the top sectors are uti ...

Are Small-caps Really the Canaries in the Coal Mine?

Many a pundit considers small-caps as the canaries in the coal mine and this implies that relative weakness in small-caps is negative for the broader market. As Missanei of Game of Thrones might say: It is known. Known, yes, but is it actually true?   In the interest of full disclosure, I boug ...

Climb a Mountain, Beat The Market: What The Mountaineers "Essential 10 Checklist" Can Teach You About Investing

The mountaineers “Essential 10 Checklist” is seared into the memory of every serious hiker and climber. Why? Because it may literally determine life or death. Similarly, every investor's financial life or death is determined by what I am calling the “Investors Essential 10 Checklist”. ...

Crescent Point Announces Annual General Meeting Results

CALGARY, June 14, 2019 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) held its Annual General Meeting (“AGM” or “the meeting”) on June 14, 2019. During the regular business proceedings at the meeting, shareholders elected all director ...

Lumber Stocks Try To Bounce

Commodities have been smothered for years. I think the best way to play them is to enter near the bottom - with tight stops - and subsequently ride out the runs. When they top out, step aside as they pull back. We can use indicators to help us find setups. There is no guarantee that we'll have ...