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Shopify Inc (SHOP.TO)

Shopify (SHOP.TO) has soared back up the rankings in the SIA S&P/TSX 60 Index Report this week, quickly returning to the Green Favored Zone from a dip down into the red zone. Yesterday, Shopify claimed top spot after moving up 5 positions capping off an incredible rise from 44th place last Friday.

S&P 500 Index (SPX.I) & iShares Semiconductor Index ETF (SOXX)

In this edition of the Equity Leaders Weekly, we look at a potentially significant technical turning point for the S&P 500, and at what a breakout in the semiconductor sector is telling us about investor sentiment and the global economy.

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