MY JOURNAL FOR TUESDAY MORNING – DECEMBER 3, 2019
NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS
Winpak’s Landscape – 5i Research 📰
Winpak (WPK) is a vertically integrated manufacturer and distributor of packaging materials and related packaging machines. Perishable foods and beverages account for more than 90 percent of sales during 2018 and 2017. Other markets WPK serves include medical, pharmaceutical, personal care, industrial and other consumer goods.
Management had previously identified pharmaceutical as their target market for growth. The recent acquisition of the Control Group, which specializes in printed packaging solutions to the pharmaceutical, healthcare and personal care industries, was well-received by shareholders. The price of US$42.2 million was paid from existing cash balance and compares well to US$25 million in sales. It would be fair to assume that the target operates at margins lower than – READ MORE
5i Research is a conflict-free investment research provider for retail investors offering research reports, model portfolios and investor Q&A, which is available to try for free (Click Here).
Stock Market Outlook for December 2, 2019 – EquityClock.com 📊
On the economic front, Statscan released its report on Canadian Gross Domestic Product (GDP) for September. The report indicated that GDP in Canada increased by a marginal 0.1% in September, which was inline with the consensus analyst estimate. The year-over-year increase now sits at 1.6%. Stripping out the seasonal adjustments, GDP in Canada actually increased by 3.9% in September, which is weaker than the 4.9% increase that is average for this last month of the third quarter. The year-to-date pace is now merely inline with the seasonal average trend, giving up the above average pace that had been apparent in recent months. Our full report of the results is scheduled to be released to subscribers on Saturday. Signup now and in addition to our monthly outlook, we’ll also include our analysis on what is driving the Canadian economy, including a look at some threatening datapoints that may not bode well for stocks in the first half of the new year. Simply navigate to the following link and select either the monthly or yearly subscription option: https://charts.equityclock.com/subscribe
Tech Talk is a free stock market letter service available at TimingTheMarkets.com and EquityClock.com. Ask us about the Seasonal Advantage Portfolio.
If Your Life Has Crashed, You Need to Watch This | Ray Dalio on Impact Theory 📺
Being one of the greatest investors in history, Ray Dalio could have easily retired into a life of ease, wealth and comfort. Instead, he has devoted his life to explaining the principles that made him successful. On this episode of Impact Theory with Tom Bilyeu, Ray Dalio details precisely how to implement radical transparency, explains how to get past your ego barrier and your blind spots, and shares the secrets to having freedom and a life worth savoring while at the same time achieving crushing success.
BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS 📈
ECN Capital (TSX:ECN)
Capital Power (TSX:CPX)
Wheaton Precious Metals (TSX:WPM)
MOMENTUM ALERT SIGNALS 📡
Have a great day! 🙂
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