Ink ResearchSo presumably today, the day (or one week) traders punch out on a day of NASDAQ weakness to be replaced by investors with a longer term horizon. GLTA
August 26, 2024 - As investors cheered the prospect of Federal Reserve rate cuts in the fall, the INK Canadian Insider Index rallied 1.49% last week. That left it up 15.08% year-to-date, closing Friday at 2,358.20. Its 2024 high is 2,369.31 set on July 31st. Last week, the Index leaders were Converge Technology Solutions (Mostly Sunny; CTS), up 12.2%, Aris Mining (Mixed; ARIS), up 10.9%, and Cipher Pharmaceuticals (Sunny; CPH), up 9.4%. The laggards were ADF Group (Sunny; DRX), down 4.8%, Frontera Energy (Sunny; FEC), down 3.4%, and PHX Energy Services (Mostly Sunny; PHX), down 3.3%.