RY 168.02 -0.2138% TD 84.54 0.583% SHOP 98.44 1.6522% CNR 161.44 -0.4686% ENB 55.37 0.7093% CP 117.35 -0.4074% BMO 116.29 0.5969% TRI 234.8 -0.5% CNQ 43.4 -2.0316% BN 67.06 0.8573% ATD 75.0 -1.1467% CSU 4286.48 0.3286% BNS 70.72 0.6834% CM 83.49 0.9675% SU 49.53 0.4462% TRP 63.27 1.1187% NGT 73.0 1.5299% WCN 252.39 -0.095% MFC 38.15 0.58% BCE 48.11 0.4594%
Company Overview: Lithium Ionic Corp. (TSXV: LTH) based in Toronto, Canada, is focused on the acquisition, exploration, and development of mineral assets in Brazil. The company holds a 100% interest in the Itinga lithium project, which spans about 1,300 hectares within the highly prospective Aracuai lithium province. Quantum Computing Inc. (NASDAQ: QUBT) specializes in quantum optics and nanophotonic technologies, offering practical solutions with real-world industrial applications. The company's innovations utilize nanophotonic-based quantum entropy, which is designed to be highly accessible and user-friendly, requiring minimal training. The company provides advanced technologies designed to address contamination issues and enhance public health. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Global Markets Wrap-Up
On August 29, 2024, the S&P 500 index settled at 5591.96 with a week till date loss of 0.44%; moreover, the tech-heavy NASDAQ composite declined by ~2.02% on a WTD basis and settled at 17516.43 while, the Russell 2000 settled at 2202.98, reflecting a loss of ~0.71% on WTD basis.
Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On August 29, 2024, the index closed at 567.92 with an overall week-to-date (WTD) loss of 1.75%. Healthcare, real estate, Technology, basic materials, and consumer non-cyclicals were the leading sectors, while energy, consumer cyclicals, financials and industrials were the laggards on Thursday.
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