ARCELORMITTAL SA ADR (MT)

ArcelorMittal (MT) shares have surged nearly 70% year to date, climbing the SIA relative strength rankings and breaking out of a decade-long technical base. Momentum indicators like ADX show increasing trend strength as shares push through key resistance levels. As seed capital for Form Energy since mid-2021, MT is committed to ESG goals by investing in iron-air battery technology still in the conceptual phase that could power its steel mills in the future, similar to Xcel Energy’s partnership with Form Energy highlighted last week as a leading “gro-tility” in long-duration energy storage. This commitment is reflected in the hands-on leadership of Lakshmi Mittal, who regularly visits the mills on Sundays, engaging with workers and experiencing the sights and sounds of the plants firsthand, demonstrating a level of involvement uncommon among billionaires.

TESLA INC. (TSLA)

Tesla shares are gaining momentum as Elon Musk positions the company’s Optimus humanoid robot as a potential future centerpiece, possibly surpassing the EV business in value. Technically, TSLA has re-entered the favored zone of the SIA S&P 100 Index Report and currently holds the 24th spot in relative strength after a strong recent move. A breakout from a Point and Figure triangle pattern adds further confirmation, with resistance levels now targeted at $423.16 and $486.08.

LUNDIN GOLD INC. (LUG.TO)

The last time we highlighted Lundin Gold Inc. (LUG.TO) in our Daily Stock Report was on April 14, 2025. Since then, the shares have continued to strengthen further as the closing price is now at $79.54 which represents an additional 62% increase since April 11, 2025, closing price. Currently the shares reside in the #11 spot of the favored zone of the SIA S&P/TSX Composite Index report.

MORGAN STANLEY (MS)

Morgan Stanley (MS) recently re-entered the Favored Zone of the SIA S&P 100 Index report on May 12th at a price of $127.06. The shares are showing strong relative strength moves up the SIA S&P 100 report gaining, 1 spot in the last month and 32 spots in the last quarter exemplify the consistent money flow increases in the shares over the past little while.

UNITY SOFTWARE INC. (U)

Applovin (APP) showed long-term strength but is now signaling weakening momentum. Capital often shifts within sectors when leaders underperform, potentially moving to newer opportunities like Unity Software (U). Unity’s Vs. SMAX score of 6 out of 10 suggests growing relative strength. Its stock is trending higher, breaking $25 to $26 with strong sector support and a perfect SMAX score of 10. SIA’s 60,000-foot view of APP versus Unity highlights a possible rotation of leadership in ad tech. This technical picture might be suggesting a market shift.

TC ENERGY CORP. (TRP.TO)

In today’s edition of the Daily Stock Report, we are going to examine TC Energy Corp (TRP.TO). TRP.TO recently entered the Red Unfavored Zone in the SIA S&P/TSX Composite Index Report on June 13, 2025. The shares have faced significant underperformance, with a -3.11% decline over the past month, -0.36% in the quarter, and –0.83% year-to-date.

CENOVUS ENERGY (CVE.TO)

Cenovus Energy (CVE.TO) has continued to deteriorate since our December 2024 note, falling as much as -27% from its December report level and currently sitting -8.49% below that point, having rallied off support at $15.02. The stock remains deep in the unfavored zone of the SIA S&P/TSX 60 Index at position #50, with three years of point-and-figure technical resistance still hovering above.

PEMBINA PIPELINE CORP. (PPL.TO)

In today’s edition of the Daily Stock Report, we are going to examine Pembina Pipeline Corp (PPL.TO). PPL.TO recently entered the Red Unfavored Zone in the SIA S&P/TSX Composite Index Report on May 12, 2025. The shares have faced significant underperformance, with a -0.52% decline over the past month, -2.74% in the quarter, and –1.96% year-to-date.

Weekly Market Recap (March 4-8, 2024)

Weekly Market Recap (March 4-8, 2024) US Equity Indexes Decline This Week as Fed Chair Powell, Jobs Report Offer Mixed Views on Economy   US equity indexes ended the week lower as February’s mixed payrolls report outweighed Federal Reserve Chair Jerome Powell’s more benign message reiterating policymaking will remain data-dependent. The Dow Jones Industrial Average… Continue reading Weekly Market Recap (March 4-8, 2024)

Weekly Market Recap – Ending March 1, 2024

Canada: TSX Gained Near 190 Pts Friday, Touched Above the 21,600 Level Canada’s main stock market, the Toronto Stock Exchange, gained near 190 points or 1% on Friday in closing out near 21,550, having earlier in the session even breached the 21,600 level for the first time since the Spring of two years ago. Today,… Continue reading Weekly Market Recap – Ending March 1, 2024

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