September 11 was a positive day for Imperial Metals Corporation (III:CA) as its stock finished the day having gained 7.84% to hit a price of $1.10 a share. The company reached a market cap of 132.86 million and has 120.78 million shares outstanding. Imperial Metals Corporation is a component of the the S&P/TSX SmallCap Index.

Kirkland’s Inc. (KIRK) traded on unusually high volume on Sep. 10, as the stock gained 2.25% to close at $9.56. On the day, Kirkland’s Inc. saw 308,637 shares trade hands on 2,538 trades. Considering that the stock averages only a daily volume of 193,859 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

The recent upside breakout seen in the US Transportation Index is a very important signal for traders. Our research team has been following these moves for many months and we believe the recent upside breakout in the $TRAN is a strong sign of future US Equities price moves and all traders should be paying very close attention.

Some Hong Kong equity investors ask why they should shift to the US market, given that they are less familiar with the equities there.

For an answer, they just need to take a look at these numbers.

Lotte Confectionery’s revenue in the second half will decrease, said Hana Financial Investment on Sept. 10, lowering the target price to 180,000 won (US$159.76) from 230,000 won.

Samsung Electronics will post record earnings in the third quarter, said KB Investment and Securities on Sept. 10, maintaining a “buy” recommendation and 58,000 won (US$51.48) target price.

CFTC commitment of traders report was released on Friday (7th September) and cover positions up to Tuesday (4th September). COT report is not a complete presenter of entire market positions; however, it represents a good chunk of institutional traders, to feel what’s going on in capital markets and how big traders are aligned.

The equities market fell to a 52-week low last week as the bears consolidated their hold on the market. The persisted selloffs in bellwether counters led to a decline of 2.3 per cent in the Nigerian Stock Exchange All-Share Index (NSE ASI) to close at 34,037.91. Market capitalisation shed N295.9 billion to close at N12.4 trillion.

European Equity Analysis and NewsDAX The outlook for the DAX is somewhat fragile with the index trading at its lowest level in 5 months after last week’s breach through the July lows. Eyes will be on for a weekly close below the 12000, which could see the index make a test for the rising trendline support from the 2016 low. A break through the trendline opens the door for a move to 11800. However, the DAX may be offered some slight reprieve with the RSI indicator moving closer to the oversold area, suggesting there is scope for a possible retracement of the recent losses.

Global equities have held up fairly well in light of the generally negative news flow, entirely driven by the United States, where stocks are up 9.6% year to date, while the euro area, Japan and emerging markets have underperformed. Broader style and sector leadership remains intact with cyclicals and growth outperforming defensives and value. In this context, the Research team from AXA IM points that earnings momentum remains “robust” with the second quarter earnings season posting “positive growth” and “surprising” on the upside across most major regions.