Last week, the shares of Cadence Design Systems (CDNS) broke out to new highs over $150 on volume, completing another bullish Ascending Triangle pattern, indicating increased investor interest and signaling the start of a new advance.
Last week, the shares of Cadence Design Systems (CDNS) broke out to new highs over $150 on volume, completing another bullish Ascending Triangle pattern, indicating increased investor interest and signaling the start of a new advance.
Shares of Lululemon Athletica Inc. (LULU) have been steadily climbing out of the red unfavored zone where they have spent the better part of 2021. After moving up 49 spots over the past quarter and 24 spots over the last month, the shares sit just outside of the Green Favored Zone at a current rank of 28 within the NASDAQ 100 Index Report.
The middle of August to the middle of October has historically been the weakest and most volatile time of the year for stock markets over the last century. In this issue of Equity Leaders Weekly, we look at what a rising US Dollar and a falling Copper price are telling us about investor attitudes and expectations.
For almost a year, athletic clothing producer Gildan Activewear (GIL.TO) has been in the Green Favored Zone of the SIA S&P/TSX 60 Index Report, gaining 85.7% over that time. Yesterday, the shares climbed up to top spot in the report for the first time after moving up 3 places on the day.
Since January the world’s largest fertilizer producer, Nutrien Ltd’s shares have continued to remain firm and currently re-entered the Green Favored Zone of the SIA/TSX 60 Index Report at the #15 spot after spending brief periods of time in the Neutral Zone while still holding its positive SMAX score throughout.
4 months ago, Drug company Pfizer Inc. (PFE) sat at the bottom of the SIA S&P 100 Index Report and has not been included in the Green Favored Zone since January of 2019. However after moving up 60 spots over the last month and 57 spots over the last quarter, Pfizer shares sit just 3 slots outside of that Green Favored Zone currently in the 29th spot.
In today’s edition of the Daily Stock Report we take a look at Shopify Inc. (SHOP.TO). Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: Subscription Solutions and Merchant Solutions. We last looked at Shopify in the June 17, 2021 edition of the Daily Stock Report when the shares rallied out of the Red Zone into the Yellow Neutral Zone of the SIA S&P/TSX 60 Index Report with a price of $1670.47.
Emerson Electric Co (EMR) moved into the Favored Zone of the SIA S&P 100 Index Report back on Nov 23, 2020, at a price of $77.81. Today the shares are at $104.11 representing a 33.8% price appreciation since then. Currently, it occupies the #19 spot in the SIA S&P 100 Index Report.
In this issue of Equity Leaders Weekly, we take a look at how Crude Oil has performed over the last year and half and how that has affected the Canadian Market with analysis on the S&P/TSX Composite Index.
Capital One Financial Corp. (COF) has consistently been in the Green Favored Zone of the SIA Russell 1000 large cap Index Report since December 2020, with the shares up 77.11% over that time. Yesterday, they moved up 4 spots to 23rd place.
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