INK Canadian Insider Index

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index was fairly flat, though it did briefly make a new three-week intraday-high early on Friday at 1096.40. For the week, it closed 2 points higher at 1091.11.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its early-2019 surge and added 37.43 points to reach 1089.07 for a 3.6% gain. The Index outperformed the SPDR S&P 500 ETF (SPY) which climbed 2.6%. In all, the INK CIN is now up an impressive 10% from its December lows.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. This is our first update since Dec 17th when the INK CIN was locked in a vicious sell-off (along with many stocks and indices) and closed at 1017.93. Back then, we surmised that we were in the "throes of a capitulation-type move" but also that Canadian stocks have historically been very bullish from about December 22nd. The Index then went on to bottom on Dec 24th at 986.80 as tax selling reached a crescendo. Since then, the Index has rallied 64.8 points or 6.6% to close last week at 1051.64 alongside climbing gold, silver, and world markets.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK Canadian Insider Index followed through on its late-week bounce from the prior week and soon ran 16 points to 1093.40 on Monday. However, with tax loss selling and wild volatility continuing in US markets, those early gains were short-lived and the Index sliced through all levels of support down to a new 2018 low at 1050.64, losing nearly 17 points or 1.6%.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index slid as far as 1059.22 for a 25 point decline before fighting back strongly, to finish the week down just 5 points at a close of 1077.52.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index had a tough time generating any upward movement and slid a further 23.3 points or 2% to 1083.55 making for a 6% loss in the last three weeks.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index couldn't muster more than about 5 points to the upside before falling, rolling over, and continuing its correction. The Index fell 26.9 points to close the week at 1106.85 for a 2.4% decline, amounting to a stinging two-week loss of 4%.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its prior rally climbing 20 points higher to 1170, before giving up those gains and more. The Index closed at 1133.74 for a loss of 18.21 points or 1.6%. Though it's worth noting part of the decline can be attributed to the heavy 18% loss by Index constituent Bombardier (BBD).

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index made a final plunge as low as 1108.56 before it embarked on a powerful turnaround. The Index ended the week at 1151.95 with a 1.5% or 17.5-point gain, as world markets rebounded with gusto.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The INK CIN Index tumbled yet again last week, shedding 32.65 points or 2.8%. The Index has now endured a nearly vertical correction of over 9% these past four weeks.