Ted Dixon's blog

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Video: Looking for sunny stocks with the INK Edge Outlook (2 min)

Check out our new two-minute video that explains the INK Edge Outlook ranking process for stocks. Our goal in producing it was to cut through the haze to give our users a quick meaningful introduction on how to use INK Edge outlooks in real life investing. We hope you enjoy it!

 

Video Summary: Evertz Technology CFO accumulates as sales and earnings rise

Beginning today, we plan to provide a short video summary of our daily morning report stock feature. Eventually, our goal is to get the videos distributed to subscribers before the open. Starting out, we will be a day or so behind, but we are working hard to catch up!

Fittingly, we are kicking off the feature with Evertz Technology (ET) which we featured in the June 24th morning report.

 

June 24th Morning INK Report video summary

Insights: Slipping greenback stokes Canadian stock gains

Canadian stocks may soon have some inflationary tailwinds helping them surprise on the upside. Get our take in this week's newsletter. You will also meet the dynamic duo from Burlington, Ontario who are powering a little known Canadian-technology company to record sales.

Click here to read this week's edition (registration not required).

Cryptocurrency watch: Insider buying last week at Galaxy Digital Holdings

With Bitcoin and other cryptocurrencies ripping higher over the weekend, we thought it was interesting to see some recent insider buying at Galaxy Digital Holdings  (GLXY). The stock traded between $2.02 and $2.30 last week to close at $2.12. Richard Tavoso bought 32,400 shares in the public market when the stock traded at the low point of that range.

 

Top Shorts Report: Taking profits in Paramount Resources

Short sellers reduced their exposure to Paramount Resources in the first half of June as the stock put in new year-to-date lows. Nevertheless, that still left the stock as one of the most shorted as a percentage of its float in Canada. Jumping to the top of Top 10 table based on IIROC data as of June 15th is tightly controlled Stingray Group which has a relatively small estimated float. As such, we would be reluctant to read too much into the short positioning in that stock.

The other new arrival in the Top 10 is Automotive Property REIT which announced on June 12th a 7 million unit offering priced at $10.45 per unit in conjunction with a dealership property deal.

Base metals hunting season resumes in James Bay and Maine

John Kaiser from Kaiser Research starts off his June 19th Discovery Watch broadcast with a colourful take on the current bidding war between Agnico Eagle Mines (Cloudy; AEM) and Osisko Mining (Mixed; OSK) spin-out O3 Mining for Alexandria Minerals (AZX). The prize is Alexandria's Cadillac Break Properties located in Val d'Or Quebec, and Kaiser wouldn't be surprised to see another bidder surface before all is said and done. In the second section of the broadcast, John Kaiser reports that Midland Exploration (Cloudy; MD) has started its summer 2019 exploration campaign in search of copper on its Mythril project in the James Bay area of Quebec.

Expected inflation turnaround likely driving gold and mining shares

In my June 20th interview with Jim Goddard from HoweStreet.com, I reviewed two buy signals we have put out this month in the resource area, specifically on the gold group in our June 3rd market report and, more recently, on the Basic Materials sector last Friday. I also point out that a strong Canadian dollar was good for junior miners who raise money in Canada for gold exploration offshore because their loonies will go further in local currencies.

With more inflation on the horizon, junior mining stocks are looking good

Energy and Healthcare insiders push up US insider sentiment ahead of the Fed

Ahead of the Fed rate decision, I thought I would share on Canadian Insider our take on the state of North American equities. Here is our analysis that we sent out to INK subscribers this morning in our weekly US market report.

Update: US quotes and snapshot unavailable

Update  (adds solution implemented) - Our US stock quote data provider IEX has implemented some changes that have resulted in us not receiving US stock quotes. As a result, neither the US quote price nor the data snapshot at the top the US company pages is being fully displayed. We are working on a solution.

Insights: Back to basics

The reflation trade got a shot in the arm ahead of a big Fed meeting Tuesday and Wednesday. We tackle the question of whether the rally can last in this week's edition of Insights. Meanwhile, our Broadcast of the Week sets the stage for the long-awaited decision by Ottawa on the fate of the Trans Mountain pipeline. Finally, our insider of the week has been buying up shares in an oil patch company that just announced a big buyback program. Click here to read.

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