Quantamental approach uncovers outperforming Canadian stocks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Chartoftheday News

Finance Finance Latest News,Finance Finance Headlines

We are looking for outperforming Canadian stocks that potentially contribute to fresh record highs in the S&P/TSX Composite Index

The S&P/TSX Composite Index has slightly retreated from its recent peak on May 21. Market participants are closely monitoring the critical support level at 21,500. Our team employed our quantamental methodology to identify top outperforming Canadian stocks that could potentially contribute to fresh record highs in the index as long as the index remains above its support level.

Our screening also considered stocks trading within seven days of a new 52-week high, indicating positive price momentum and investor interest.Trading Central is a global leader in financial market research and investment analytics for retail online brokers and institutions. Its product suite provides actionable trading ideas based on technical and fundamental research covering stocks, exchange-traded funds, indexes, forex, options and commodities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P/TSX composite down almost 300 points, U.S. stock markets also dropTORONTO — Canada's main stock index lost almost 300 points Tuesday in a broad-based decline led by energy and base metals, while U.S. markets also slid ahead of the central bank's upcoming interest rate decision.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite down as oil falls, U.S. stock markets mixed ahead of Fed decisionTORONTO — Canada's main stock index was lower in late-morning trading, weighed down by losses in the energy stocks as the price of oil fell, while U.S. stock markets were mixed ahead of the Federal Reserve's interest rate decision this afternoon.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite flat as oil falls, U.S. stock markets mixed after Fed decisionTORONTO — Canada's main stock index eked out a gain Wednesday even as energy stocks fell, while U.S. markets stumbled to a mixed close after a short-lived...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

S&P/TSX composite up in late-morning trading, U.S. stock markets also higherTORONTO — Canada's main stock index was up in late-morning trading, helped by gains in the industrial and energy stocks, while U.S. stock markets also...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs reportTORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.
Source: SooToday - 🏆 8. / 85 Read more »

S&P/TSX composite up, U.S. stock markets also higher in late-morning tradingTORONTO — Canada's main stock index was up in late-morning trading, helped by strength in the base metal, telecommunication and utility stocks, while U.S...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »