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Day: 24 December 2020

Magna International Inc. – (MG.TO)

Auto parts producer Magna International (MG.TO) jumped 8.5% yesterday on the news that it has entered into a deal with LG Electronics to develop electric drive train technology. On this news, the shares rose 12 spots within the Green Favored Zone of the SIA S&P/TSX Composite Index Report to 21st, place, and remained in 3rd place in the SIA S&P/TSX 60 Index Report.

Russell 2000 Index (RLS.I) & Dow Jones Utilities Average (DUX.I)

In this week’s issue of Equity Leaders Weekly, we take a look at what a breakout by the Russell 2000 Index and a breakdown by the Dow Jones Utilities Average are telling us about the current state of investor sentiment.

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