Category: Daily Stock Report

Since we last mentioned Intertape Polymer Group (ITP.TO) in the November 18th edition of the Daily Stock Report, the shares have climbed 48.0%, and have remained within the Green Favored Zone of the SIA S&P/TSX Composite Index Report. Yesterday the shares finished in 6th place, up 1 spot on the day and up 47 spots over the last month.

Bouncing back from a brief dip into the red zone, Boeing (BA) recently returned to the Green Favored Zone of the SIA S&P 500 Index Report and continues to climb up the rankings. The shares finished yesterday in 36th place, up 30 spots on the day and up 242 spots over the last month, boosted by an 8.2% gain in the share price. Shares continue to accelerate to the upside this week, gapping up toward $60.00 as they build on last month’s big breakout over $50.00, which completed a large, bullish, Ascending Triangle base and signaled the start of a new uptrend.

Recovering from a brief dip into the red zone, Boeing (BA) has returned to the Green Favored Zone of the SIA S&P 100 Index Report for the first time in about two months. The shares finished Friday in 21st place, up 11 spots on the day and up 45 spots over the last month.

Integrated oil producer Imperial Oil (IMO.TO) continues to climb within the Green Favored Zone of the SIA S&P/TSX 60 Index Report. The shares finished yesterday in 8th place, up 2 spots on the day and up 8 spots over the last month. Back in the fall, Imperial Oil (IMO.TO) completed a bullish Ascending Triangle Base with a breakout over $25.00, and then consolidated its gains for a few weeks retesting the breakout point and its 50-day average.

Benefitting from renewed interest in airlines, Air Canada (AC.TO) recently returned to the Green Favored Zone of the SIA S&P/TSX Composite Index Report and continues its climb up the rankings which started down in the red zone. The shares finished yesterday in 24th place, up 8 spots on the day and up 118 spots over the last month.

Altus Group (AIF.TO) a provider of software and consulting services to the commercial real estate industry, returned to the Green Favored Zone of the SIA S&P/TSX Composite Index report yesterday for the first time since November. The share finished yesterday in 46th place, up 11 spots on the day and up 120 spots over the last month.

Since we last mentioned oilfield service provider Schlumberger (SLB) in the November 21st issue of the Daily Stock Report, the shares have gained 37.5%. Their positioning within the SIA S&P 100 Index Report has remained in a sideways to upward trend, recently rising toward the top of the Green Favored Zone. Yesterday the shares finished in 8th place, up 3 spots on the day and up 25 spots in the last month.

Vermillion Energy (VET.TO) continues to climb toward the top of the Green Favored Zone in the SIA S&P/TSX Composite Index Report. On Friday it finished in 5th place, up 178 spots over the last month and up 12 spots in the last week. Since they gapped up through their 50-day average back in October, shares have been under renewed accumulation.

Exxon Mobil (XOM) has returned to the Green Favored Zone of the SIA S&P 100 Index Report for the first time in 12 years! It left the green zone in March of 2009 and spent over a decade stuck in the red zone until finally seeing its relative strength improve in a meaningful way earlier this year. Yesterday XOM it finished in 22nd place, up 7 spots on the day and up 37 spots over the last month.

With big banks attracting renewed interest, Citigroup (C) has returned to the Green Favored Zone of the SIA S&P 100 Index Report. Yesterday it finished in 23rd place, up four spots on the day and up 14 spots over the last month.