Canadian financial markets newsletter

CANA

BSS NEWS BITES ALERTS ISSUED FOR CANADIAN MARKET ON FRIDAY 17 AUGUST 2018

NEWS BITES - NORTH AMERICA

Total Canadian Market down 31.56 points or -2.73% to 1,125.85

BSS News Bites issued 181 Alerts on notable trading amongst the 2,252 Stocks traded on the Total Canadian Market today, of which 81 (44%) were Bearish.

Of all the Alerts, the following were the most prominent in today's trading:

HEAVYWEIGHT MARKET LEADERS

+ Enbridge, Canada's largest oil & gas - midstream company by market capitalisation, has lifted 2.4% to trade at CAD47.04 vs. the S&P/TSX 60 Index which strengthened 6.3 points (or 0.7%) to 974.0. Representing a weighting of about 4.8% of the index, the stock accounted for 18.0% of today's gain. The shares have outperformed 82% of the market in the past month. Trading volume was 1.1 times average at the end of the day. Compared with the S&P/TSX 60 Index which rose 6.3 points (or 0.7%) in the day, this represented a relative price increase of 1.8%.

SECTOR BULLS

+ Nutrien, Canada's largest agriculture company by market capitalisation, has increased 0.9% to trade at CAD73.11 vs. the Agriculture sector which strengthened 3.7 points (or 0.9%) to 407.4. Representing a weighting of about 99.6% of the sector, the stock accounted for 98.7% of today's gain. The shares have outperformed 83% of the market in the past month. Trading volume was 66% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 6.3 points (or 0.7%) in the day, this represented a relative price increase of 0.3%.

+ Algonquin Power & Utilities, Canada's largest utilities - independent power producers company by market capitalisation, has increased 1.8% to trade at CAD13.61 vs. the Utilities - independent power producers sector which strengthened 11.0 points (or 0.8%) to 1,450.2. Representing a weighting of about 25.7% of the sector, the stock accounted for 60.6% of today's gain. The shares have outperformed 87% of the market in the past week. Compared with the S&P/TSX 60 Index which rose 6.3 points (or 0.7%) in the day, this represented a relative price increase of 1.1%.

+ GMP Capital, Canada's 3rd largest brokers & exchanges company by market capitalisation, has climbed 5.2% to trade at CAD2.62 vs. the Brokers & exchanges sector which strengthened 3.4 points (or 0.2%) to 1,572.4. Representing a weighting of about 3.2% of the sector, the stock accounted for 76.1% of today's gain. Trading volume was 16% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 6.3 points (or 0.7%) in the day, this represented a relative price increase of 4.6%.

SECTOR BEARS

+ Restaurant Brands International, Canada's largest restaurants company by market capitalisation, has dropped 2.7% to trade at CAD80.44 vs. the Restaurants sector which weakened 81.3 points (or 1.2%) to 6,648.3. Representing a weighting of about 47.5% of the sector, the stock accounted for the loss. Compared with the S&P/TSX 60 Index which rose 6.3 points (or 0.7%) in the day, this represented a relative price change of -3.3%.

+ Resverlogix Corp. (TSX:RVX) has sunk 4.1% to trade at CAD3.05 vs. the Biotechnology sector which weakened 6.6 points (or 0.2%) to 3,577.0. Representing a weighting of about 5.7% of the sector, the stock accounted for the loss. Trading volume was 48% of average so far today.

+ Tucows Inc. (TSX:TC) has decreased 0.6% to trade at CAD72.0 vs. the Online media sector which weakened 9.1 points (or 0.3%) to 3,083.9. Representing a weighting of about 52.7% of the sector, the stock accounted for the loss. Trading volume was 77% of average so far today.

BSS News Bites alerted Unusual Rises in 10 Stocks through the day, of which the most prominent were:

HeadlineO/all Price Change52-Wk High
GeneNews jumped 9.1% on robust volume 17 August 2018 12:13 EDT in the morning, closing 8.33% higher at 6.50c1.0c [18.18%]23.50c
eCobalt Solutions jumped 8.8% 17 August 2018 12:13 EDT in the morning, closing 3.23% higher at 64.0c7.0c [12.28%]CAD2.10
Aura Minerals soared 12.8% 17 August 2018 14:42 EDT in the afternoon, closing 1.2% higher at CAD1.6921.0c [14.19%]CAD3.0
Wheaton Precious Metals lifted 3.2% on firm volume 17 August 2018 12:13 EDT in the morning, closing 0.71% higher at CAD24.1391.0c [3.92%]CAD29.93
Goldgroup Mining soared 20.0% 17 August 2018 12:13 EDT in the morning, closing unchanged at 6.0c1.0c [20%]11.50c

BSS News Bites alerted Unusual Falls in 6 Stocks through the day, of which the most prominent were:

HeadlineO/all Price Change52-Wk Low
Hyduke Energy Services tumbled 7.7% on firm volume 17 August 2018 12:13 EDT in the morning, closing unchanged at 6.0c-0.50 [-7.69%]5.50c
Argex Titanium plummeted 12.5% 17 August 2018 14:42 EDT in the afternoon, closing unchanged at 3.50c-0.50 [-12.5%]3.0c
DXI Energy plummeted 11.1% 17 August 2018 12:13 EDT in the morning, closing unchanged at 4.0c-0.50 [-11.11%]4.0c
Restaurant Brands International dropped 3.2% on robust volume 17 August 2018 12:13 EDT in the morning, closing recovered at CAD80.44-220.0 [-2.66%]CAD67.02
Bellus Health tumbled 6.7% 17 August 2018 12:13 EDT in the morning, closing recovered at 84.0c-5.0 [-5.62%]32.50c

BSS News Bites alerted 52-week Highs in 15 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk High
Toronto-Dominion Bank hits 52-week high fifth time in one month 17 August 2018 12:13 EDT this morning, decreasing slightly to close at CAD78.70CAD78.7033.0c [0.42%]CAD78.91
Enbridge Income Fund hits 52-week high fourth time in one month 17 August 2018 12:13 EDT this morning, closing markedly lower at CAD33.40CAD33.4053.0c [1.61%]CAD33.45
FirstService hits 52-week high third time in one month 17 August 2018 12:13 EDT this morning, sinking sharply to close at CAD111.44CAD111.44CAD2.76 [2.54%]CAD113.16
Killam Apartment Real Estate Investment Trust hits 52-week high fifth time in one month 17 August 2018 12:13 EDT this morning, closing markedly lower at CAD16.25CAD16.2528.0c [1.75%]CAD16.27
Cargojet hits 52-week high seventh time in one month 17 August 2018 12:13 EDT this morning, sinking sharply to close at CAD77.10CAD77.10CAD2.96 [3.99%]CAD77.59

BSS News Bites alerted 52-week Lows in 17 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk Low
Franco-Nevada hits 52-week low second time in one month 17 August 2018 12:13 EDT this morning, closing higher at CAD87.40CAD87.40CAD2.36 [2.78%]CAD109.07
Endeavour Mining hits 52-week low third time in one month 17 August 2018 12:13 EDT this morning, closing higher at CAD18.96CAD18.9647.0c [2.54%]CAD26.86
Osisko Gold Royalties hits 52-week low ninth time in one month 17 August 2018 12:13 EDT this morning, closing higher at CAD10.53CAD10.5310.0c [0.96%]CAD17.46
Ivanhoe Mines hits 52-week low eleventh time in one month 17 August 2018 12:13 EDT this morning, closing higher at CAD2.05CAD2.05-4.0 [-1.91%]CAD5.01
Raging River Exploration hits 52-week low fourth time in one month 17 August 2018 12:13 EDT this morning, closing higher at CAD4.88CAD4.886.0c [1.24%]CAD8.89

BSS News Bites alerted Consecutive Rises in 18 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Nickel Creek Platinum up 20.7% in 2 days 17 August 2018 14:42 EDT, it closed at 18.0c18.0c2.0c [12.5%]0.1
TriMetals Mining up 16.7% in 2 days 17 August 2018 12:13 EDT, it closed at 7.0c7.0c0.50 [7.69%]1
Black Diamond up 7.2% in 2 days 17 August 2018 12:13 EDT, it closed at CAD3.61CAD3.6125.0c [7.44%]0.6
Petrus Resources up 12.4% in 2 days 17 August 2018 12:13 EDT, it closed at CAD1.0CAD1.06.0c [6.38%]1
Athabasca Oil up 9.6% in 2 days 17 August 2018 12:13 EDT, it closed at CAD1.50CAD1.505.0c [3.45%]0.7

BSS News Bites alerted Consecutive Falls in 21 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Altus Group keeps sliding: down 3.0% in 3 days 17 August 2018 12:13 EDT, it closed at CAD30.31CAD30.31-27.0 [-0.88%]0.8
Aurinia Pharmaceuticals down 2.8% in 2 days 17 August 2018 12:13 EDT, it closed at CAD6.98CAD6.98-17.0 [-2.38%]0.5
AutoCanada down 5.4% in 2 days 17 August 2018 12:13 EDT, it closed at CAD11.24CAD11.24-3.0 [-0.27%]1.9
Descartes Systems keeps sliding: down 2.9% in 3 days 17 August 2018 12:13 EDT, it closed at CAD43.16CAD43.16-92.0 [-2.09%]0.5
Treasury Metals down 6.8% in 2 days 17 August 2018 14:42 EDT, it closed at 35.50c35.50c-0.50 [-1.39%]0.2

BSS News Bites alerted Significant uptrend in 6 Stocks through the morning, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Laramide Resources continued its significant uptrend; increased 1.6% 17 August 2018 12:13 EDT this morning and closed higher at 32.50c32.50c1.50c [4.84%]3.2
American Hotel continued its significant uptrend; increased 0.8% 17 August 2018 12:13 EDT this morning and closed higher at CAD9.16CAD9.1624.0c [2.69%]0
Wajax continued its significant uptrend; increased 0.9% 17 August 2018 12:13 EDT this morning and closed higher at CAD27.93CAD27.9367.0c [2.46%]1.2
Ensign Energy Services continued its significant uptrend; increased 0.3% 17 August 2018 12:13 EDT this morning and closed higher at CAD6.50CAD6.5011.0c [1.72%]0.5
Boardwalk Real Estate Investment Trust continued its significant uptrend; increased 0.9% 17 August 2018 12:13 EDT this morning and closed higher at CAD51.57CAD51.5782.0c [1.62%]1.5

BSS News Bites alerted Significant downtrend in 6 Stocks in the afternoon, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Silver Bear Resources continued its significant downtrend; sank 5.7% 17 August 2018 12:13 EDT this morning but closed higher at 17.0c17.0c-0.50 [-2.86%]0.2
Semafo continued its significant downtrend; decreased 1.7% 17 August 2018 12:13 EDT this morning but closed higher at CAD2.93CAD2.931.0c [0.34%]1.6
Continental Gold continued its significant downtrend; decreased 0.6% 17 August 2018 12:13 EDT this morning but closed higher at CAD3.45CAD3.454.0c [1.17%]0.8
Just Energy continued its significant downtrend; decreased 1.0% 17 August 2018 12:13 EDT this morning but closed higher at CAD4.02CAD4.02-1.0 [-0.25%]0.8
Airboss of America continued its significant downtrend; decreased 0.8% 17 August 2018 12:13 EDT this morning but closed higher at CAD13.07CAD13.07-3.0 [-0.23%]0.8

BSS News Bites alerted that 14 Stocks outperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Brompton Lifeco Split increased 1.9% - outperforming 93% of stocks 17 August 2018 12:13 EDT, it closed at CAD6.35CAD6.359.0c [1.44%]0.3
Lithium Americas lifted 2.4% - outperforming 95% of stocks 17 August 2018 12:13 EDT, it closed at CAD5.22CAD5.2219.0c [3.78%]0.4
Atlantic Power lifted 2.2% - outperforming 82% of stocks 17 August 2018 12:13 EDT, it closed at CAD2.85CAD2.857.0c [2.52%]0.3
CannTrust Holdings lifted 2.3% - outperforming 98% of stocks 17 August 2018 12:13 EDT, it closed at CAD7.88CAD7.8841.0c [5.49%]1.4
TSO3 climbed 4.0% - outperforming 99% of stocks 17 August 2018 12:13 EDT, it closed at 69.0c69.0c-6.0 [-8%]0.8

BSS News Bites alerted that 12 Stocks underperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Condor Petroleum plummeted 10.1% - underperforming 99% of stocks 17 August 2018 12:13 EDT, it closed at 31.0c31.0c-3.50 [-10.14%]0
Stornoway Diamond dropped 2.7% - underperforming 97% of stocks 17 August 2018 12:13 EDT, it closed at 37.0c37.0c-0.50 [-1.33%]0.4
Capstone Mining dropped 3.0% - underperforming 99% of stocks 17 August 2018 12:13 EDT, it closed at 86.0c86.0c2.50c [2.99%]0.3
Valeura Energy dropped 2.4% - underperforming 100% of stocks 17 August 2018 12:13 EDT, it closed at CAD2.90CAD2.902.0c [0.69%]0.6
Maxar Technologies decreased 1.6% - underperforming 98% of stocks 17 August 2018 12:13 EDT, it closed at CAD48.51CAD48.51-151.0 [-3.02%]0.8