Monthly Archive: August 2004

Daily Update Thursday, August 19, 2004

Toronto stocks rose sharply today on higher gold and oil prices. Prudent Investors should get their shopping lists ready for some bottom fishing and bargain hunting. Aggressive Investors and Traders should play the market with a bias to the upside. You may see all the action of the Daily…

Daily Update Wednesday, August 18, 2004

Although the U.S. stock market rallied sharply today, the Canadian market was mixed with the TSX Composite ending down while the TSX Venture Composite ended up. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market with a bias to the upside. You may…

Daily Update Tuesday, August 17, 2004

Toronto stocks closed down slightly as more bad news from Nortel Networks stifled the brief rally. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should continue to play the market up or down as it develops with a bias to the upside.You may see all the…

Daily Update Monday, August 16, 2004

Toronto stocks closed up today on lower oil prices and bargain hunting. Prudent Investors should remain on the sidelines until we see more evidence of a sustainable uptrend. Aggressive Investors and Traders should play the market up or down with a bias to the upside. You may see all…

The Market Timing Graph.

Higher oil prices and corporate earnings warnings sent the market lower on Wednesday and Thursday, but news of a record high for the Canadian trade surplus lifted the market to a higher close today. With a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders…

Daily Update Thursday, August 12, 2004

A disappointing earnings report from U.S. Hewlett Packard and higher oil prices sent the market lower again today. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside. You may see all the action of the Daily Color…

Daily Update Wednesday, August 11, 2004

The market ended lower today on higher oil prices and other economic concerns. Prudent Investors should stay on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside. You may see all the action of the Daily Color Guard graphically by clicking View…

Daily Update Tuesday, August 10, 2004

Stocks rebounded early today; then moved higher on the US Federal Reserve’s decision to raise interest rates. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should continue to play the market up or down as it develops with a bias to the downside.You may see all…