Stocks to Watch: Signals in View for Biopower Operations (BOPO)
Investors may be following the shorter-term MACD oscillator on shares of Biopower Operations (BOPO). The signal is currently pointing to a Buy. The MACD is generally used to measure bullish or bearish price movements. The MACD signal direction is presently reading Strongest. Moving over to another short-term indicator review, we note that the current 7-day […]
Stocks to Watch: Signals in View for Federal Home Loan Mortgage Corp (FMCKI)
Looking at the recent signals on shares of Federal Home Loan Mortgage Corp (FMCKI), we can see that the short-term MACD indicator is presently pointing to a Sell. The MACD is typically used to measure bullish or bearish price movements. The MACD signal direction is currently reading Weakest. Switching to another short-term indicator, we have […]
Cuts at West Fraser mills
West Fraser Timber Co. Ltd. says it will introduce variable operating schedules at five of its British Columbia sawmills, resulting in an estimated 15 to 25 per cent decrease in production. The company says in a news release that starting next Monday, the schedules at the mills will vary and be adjusted from time to […]
Amnesty Intl. warns Alberta
Amnesty International has warned Alberta Premier Jason Kenney that his government’s fight against oil and gas industry foes puts human rights at risk. The head of the group’s Canadian branch outlined his concerns in an open letter Tuesday that highlighted Alberta’s public inquiry into foreign funding of environmental groups and its $30-million war room to […]
Trudeau set to call election
Prime Minister Justin Trudeau will call the next federal election Wednesday morning. He’s to visit Rideau Hall at 10 a.m. local time to ask Gov. Gen. Julie Payette to dissolve Parliament. By law, voting day is set for Oct. 21, but the prime minister has a two-week window starting Sept. 1 in which to begin […]
More lumber industry woes
The difficulties facing British Columbia’s forest industry are compounding as the Teal-Jones Group says it is immediately shutting down its coastal harvesting operations. Company vice-president Gerrie Kotze says it is ending its harvesting operations on the B.C. coast due to weak lumber markets and the high cost of fibre. Kotze says in a statement the […]