The Canadian stock market is among the world’s biggest and most important stock markets. It is composed of the Toronto Stock Exchange (TSX), currently the ninth largest exchange in the world by market capitalization. More mining and oil and gas companies are listed on the TSX than on any other stock exchange worldwide. It represents over 2,000 listed companies. The second Canadian stock exchange is the TSX Venture Exchange (TSXV). Both these exchanges are operated by the TMX Group.
The third exchange is the Canadian Securities Exchange (CSE), operated by CNSX Markets Inc. This is the fastest growing stock exchange in Canada and it supports micro cap and emerging companies. The Canadian stock market features actively traded companies such as WestJet Airlines, Cenovus Energy, Royal Bank of Canada, Yamana Gold, Loblaw Companies and Bombardier. The benchmark index is the S&P/TSX, which tracks the performance of the largest TSX listed companies by market capitalization. It covers approximately 95 percent of the national equities market.
FUBDAMENTALS Summary
1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters.
2.The company now expects about C$200 to C$250 million of integration costs in the next two years.
3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement.
4.Bank of Nova Scotia should ...
FUBDAMENTALS Summary
1.Bank of Nova Scotia has announced 6 acquisitions in the past few quarters.
2.The company now expects about C$200 to C$250 million of integration costs in the next two years.
3.The bank should be able to achieve significant synergies and improve its operational efficiency through back-end systems improvement.
4.Bank of Nova Scotia should ...
Drew this chart back in August by copying the pattern it following back in February. Probably be a big sell-off in October.
Manage your risk: Use a stop limit or a protective put.
ACB spent the better half of Friday defending $11.75 as a line in the sand, despite the hourly bearish MACD divergence. If that cannot hold I would not expect 11.65 to hold, resulting in an Inside Bar bear break. From there I would zoom out to the 4hr chart and look for a higher low compared to $10.18 and a tightening range from there.
Investment rumours from ...
The similarities I've highlighted here look better on WEED.TO than on CGC because Jan 15th saw the TSX trade but not the US exchanges. That said I'm looking at similarities in the first oversold bounces following the last two all time highs at 44.00 in January and 48.72 in June. Subsequent those bounces we saw a tightening range playing out across more than a ...
Aphria is currently consolidating in the apex of a bull pennant. The drop in volume is in accordance to a consolidation phase. The rsi is hovering above the 50 level and slightly curling upwards. I suspect a break out to higher levels. The EOM is slightly above -.0005. As of recently , every time the EOM is in the -.0004 to -.0005 levels, a rebound ensues. The ...
ECA.TO has been consolidating in this downward channel for the past 7 weeks after a 5th rejection from the $18ish area. This is clearly a significant breakout resistance going back for 3 years, and it makes me wonder if there is a fundamental reason for this resistance (similar to the fundamental reason for TSLA and $360.00 resistance).
The long entry on this is ...
BCU is about to commence drilling at their most promising hole to date. The company, and it's JV partner Cordoba Minerals are definetely overlooked by the market, despite the fact that they are about to drill a very promising hole at the Kabba project near Kingsman Arizona. The project is a couple of miles north of the historic underground Kabba Au-Pb-Ag-V-Cu-Mo ...
Friday Sept 21 stock was halted as they got the first ever sales only license. This company is going to be the Amazon of POT.
On monday the stock will unhalt. If you daytrade you should watch this. If you invest you should buy on Monday
Watching the ACB.TO range from low of the gap up on Monday morning to high of today. Today saw significant bull breaks of key levels 11.77 and 11.98 leaving very few resistances left until the all time high. However, some healthy consolidation is required.
Today's low bounced right off the .5 retracement of the fib pull with swing low as the oversold bounce ...
Bad news is the stock crashed towards the end of the day today. Good news, there will be a strong bullish recovery on open tomorrow - Highs ranging from 67.73 - 69.94. Comments made on CNBC mostly to blame for windfall. Similar events in the past have happened and the end result is a strong bullish recovery in the morning. Expect a gap up in the AM.
