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January 15, 2023: Another Welcome Week, After Brutal 2022

January 15, 2023: Another Welcome Week, After Brutal 2022

Last week, major indexes closed near session highs: Dow Jones was up 2%, S&P 500 rose 2.7%, and Nasdaq composite gained 4.8%. Canadian tech M&A will likely remain a theme, as we pointed out last week, as Nuvei entered a $1.7 billion deal to acquire US payments...
December 04, 2022: Market Indices At Key Levels

December 04, 2022: Market Indices At Key Levels

The recent stock market rally could be at a turning point, following a strong week. While indexes’ gains were modest, they did find support, and broke key resistance. The Dow Jones was up 0.2%, S&P 500 gained 1.1%, and the Nasdaq was 2.1%. NYSE president...
November 20, 2022: Taking A Bit Of A Breather

November 20, 2022: Taking A Bit Of A Breather

After the previous week’s gain, the Dow Jones was up very modestly last week, S&P fell 0.7%, and the Nasdaq was down 0.7%. Global venture funding plateaued in October, with valuations likely to blame. Masayoshi Son owes US$4.7 billion to SoftBank following...