Strength in the gold and energy sectors outweighed investors’ disappointment over a lower-than-expected Real Gross Domestic Product report allowing the Canadian market to end considerably higher today. Prudent Investors should get their shopping lists ready to go bargain hunting and bottom fishing. Aggressive Investors and Traders should play the…
Canadian stocks ended lower today led by weakness in the gold and technology sectors. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside. You may see all the action of the…
Strong retail sales weren’t enough to lift the market higher on Monday and strong earnings from the Bank of Montreal didn’t help the market on Tuesday. Although investors bought stocks on Wednesday as oil prices retreated, they lost interest on Thursday and Friday as the market closed mixed both days on…
The Toronto markets closed down today on light activity. Toronto Dominion’s announcement of their pending acquisition of a US Bank was the only news of the day. With the Primary Wave being Up, Prudent Investors should get their shopping lists ready. Aggressive Investors and Traders should play the market…
The Canadian market ended higher today as oil prices retreated easing investors’ fears about high energy costs. However, the color combination that occurred today happens when the market is in a transitional phase or when it lacks solid upward or downward direction. Therefore, Prudent Investors should stay on the…
A strong earnings report by the Bank of Montreal wasn’t enough to offset the losses in gold and technology stocks. With substantially more declines than advances today, it seems that our little rally is fading away. Prudent Investors should go to the sidelines. Aggressive Investors and Traders should continue…
Despite a strong retail sales report, the Canadian market ended lower today. With an UpDn situation, Prudent Investors should continue to get their shopping list ready. Aggressive Investors and Traders should play the market with a bias to the upside. You may see all the action of the Daily…
Bargain hunters drove the market higher on Monday, while Tuesday brought out the profit takers who took the market lower. Tech stocks were up on Wednesday, but not enough to spark a rally and the market ended relatively flat. Higher gold and oil prices worked together to lift the Canadian market…