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.
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.
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) 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.
In today’s edition of the Daily Stock Report, we are going to take a look at Enghouse Systems Ltd (ENGH.TO). Enghouse fell to the red zone in the SIA S&P/TSX Composite Index Report back on March 10, 2023, at a price of $32.77. As we see in the relative strength matrix position chart, ENGH.TO has further fallen to the red unfavored zone and still resides there today. As of yesterday’s close, the shares are at $23.80 which represents a 37% drop since March 10, 2023. This is another great example of staying away from investments in the red unfavored zone.
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.
Fabrinet, a global precision manufacturing provider, has entered the Favored zone of the SIA MidCap 400 Index, climbing 313 spots to rank 12th. The stock is up 34.01% year-to-date and 70.76% this quarter, breaking resistance at $240 and $270. Point and figure vertical count analysis shows a spread double top with continued movement in a column of Xs.
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)
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
Paul Kornfeld, President of SIACharts, is featured in the 2023 Top 100 People in Finance Magazine
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