SIACharts Logo

LIGHTSPEED COMMERCE INC (LSPD.TO)

Payments software producer Lightspeed Commerce Inc (LSPD.TO) has soared up the rankings in the SIA S&P/TSX Composite Report lately, leaving the red zone, driving up through the yellow zone and returning to the Favored zone for the first time since July of ’22, In the last month, LSPD.TO has popped 119 spots to 57th place.

Cisco Systems (CSCO)

Cisco Systems dropped out of the Favored zone on August 15, 2019 at $46.25, and has not been back there since. Over four plus years stuck in the wilderness, CSCO has gained a paltry 3.3% to yesterday’s close of $47.80. During the same time frame, the S&P 100 Index has climbed 68.3%.

Advanced Micro Devices (AMD)

Chipmaker Advanced Micro Devices (AMD) has returned to the Green Favored Zone of the SIA S&P 00 Report for the first time since July. A summer slide ended with the shares in the red zone but over the last six weeks, they have steadily clawed their way back. AMD finished in 24th position yesterday, up 4 spots on the day and up 27 places in the last month.

COSTCO WHOLESALE CORP (COST)

Continuing a steady climb up the rankings in the SIA S&P 100 Index Report which started back in January, retailer Costco Wholesale (COST) has returned to the Green Favored Zone for the first time since November of 2022. In the last month, COST has moved up 4 positions to 23rd place.

CBOE Interest Rate 30-Year (TYX.I) & S&P 100 Index (OEX.I)

In this edition of Equity Leaders Weekly, we look at the significant of the current breakout by treasury yields and their impact on US equity markets. Last week’s “hawkish hold” from the Fed has sent shockwaves through world markets. Traded interest rates have soared in North America and Europe, with the US 10-year Treasury Note yield climbing toward 4.60%, its highest level since 2007. Rising yields and the prospect that central banks may keep rates higher for longer have also underpinned US Dollar strength, in turn weighing down other currencies along with commodities, bonds and equities.

Canadian Pacific Kansas City Ltd (CP.TO)

Canadian Pacific (CP.TO) has been sliding down the rankings in the SIA S&P/TSX 60 Index Report since April. This may be seen as a sign of concern among investors that like the airlines, railroad earnings may be impacted moving forward by rising fuel and labor costs. CP.TO has dropped 6 positions within the Yellow Neutral Zone over the last month to 26th place, its lowest rank since June of 2022.

Accenture PLC (ACN)

Accenture PLC (ACN) moved into the Favored zone of the SIA S&P 100 Index Report on May 29th and has moved up to the 23rd spot in the rankings now after the long weekend. ACN has moved up 3 spots over the last week and is up 7.77% over the last quarter and 24.28% so far YTD.

Charter Communication (CHTR)

Charter Communications Inc (CHTR) has risen quickly in the SIA S&P 100 Idx Report over the last month to the 13th spot in the rankings after spending much of the last 2 years in the Unfavored zone where the stock went from $740 to around $300. CHTR moved into the Favored zone on August 15th and has risen 9 spots in the last week and 45 spots over the last month in the SIA S&P 100 Index Report.

iShares S&P/TSX Capped Financials Index ETF (XFN.TO) & Crude Oil Continuous Contract (CL.F)

In this edition of Equity Leaders Weekly, we look at the Canadian Financial Sector and the price of Crude Oil. Bank of Canada’s 10 interest rate hikes since last year have slowed the housing market, increased consumer debt, and delayed mortgage repayments forcing banks to set aside more money to protect against potential loan losses.

Boardwalk REIT (BEI.UN.TO)

BEI.UN.TO entered the Favored Zone of the SIA S&P/TSX Composite Index Report early this year on Jan 26, 2023, at a price of $54.64. The shares have held in the Favored zone throughout this time period and now are at $67.78 representing a 24% increase in a less than 8 months time. The shares currently occupy the #11 spot in the report.

Keep up to date on the latest financial market news.

Receive a daily newsletter with stock highlights, ETF rankings, weekly market focus and others.