Blogs

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index followed our analysis when it completed a two-week long bullish consolidation at the 1100 level before it finally bulled ahead and notched a brand new 2016 closing high of 1117.78 a gain of 17.5 points or 1.5%.

The INK Canadian Insider (CIN) Index added a miniscule three points last week to close at 1100. However, the chart tells a much more bullish story.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index enjoyed another rally, as it briefly crossed the 1100 level and rose 13 points or 1.12% to close at 1097.15 after setting a year-to-date high of 1105.94 on Wednesday. 

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In our last update, we noted the bullish implications of the Index's stunning 35 point reversal following its late June plunge, closing just under its 20-day moving average at 1261. Last week, the Index took that momentum and ran, melting up 2% or 23 points, and, having closed at 1084.58, the Index finds itself just shy of its 2016 high of 1094.72.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. In our June 24th update, we remarked that the Index bore barely a scratch (a mere 5-point drop) when world indices tumbled as much as 6% during the preceding week. Last week, the CIN Index once again demonstrated its resilience as it fought back from a heavy 1.6% decline on June 27th to end the week at 1061.06, up 13 points or 1.2% in holiday-shortened trading.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week's dramatic Brexit vote resulted in soaring gold and silver prices, but the tremendous investor fear it generated caused major indices to plunge worldwide, including the Dow Jones Industrial Average which tumbled 3.4% and, for instance, the iShares China large caps (US*FXI) which pancaked 6%. By contrast, the INK CIN Index outperformed, dropping a relatively modest 5 points, registering barely any loss last week to close at 1048.17.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The cooling off process which began after the Index hit its recent peak on June 8th (when RSI hit an overheated 79 reading) continued last week, as the Index dipped further, shedding 16 points or another 1.5%.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index continued its electrifying multi-month run, when it snared a brand new 2016 high at 1094.72 on Wednesday, and then pulled back swiftly, finishing the week at 1066.98, registering a drop of just over 5 points.

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index completed a 3-week consolidation and capped off the week with a powerful surge into fresh new 2016 highs at 1072.30.