Monthly Archive: September 2004

Daily Update Thursday, September 30, 2004

The Canadian market ended higher today, marking its first winning September in years, on higher gold and energy prices. Prudent Investors may continue to go bargain hunting and bottom-fishing. Aggressive Investors and Traders should play the market to the upside.You may see all the action of the Daily Color…

Daily Update Wednesday, September 29, 2004

Strength in the financial sector pushed Canadian stocks higher today. With three green lights, Prudent Investors may continue to go bargain hunting and bottom-fishing. Aggressive Investors and Traders should play the market to the upside.You may see all the action of the Daily Color Guard graphically by clicking View…

Daily Update Tuesday, September 28, 2004

The Canadian markets rebounded sharply today on strength in the energy and mining sectors. With an UpUp situation, Prudent Investors may resume their bargain hunting and bottom-fishing activities. Aggressive Investors and Traders should play the market to the upside. You may see all the action of the Daily Color…

Daily Update Monday, September 27, 2004

Oil prices hit record highs causing investors’ worries over corporate profits to multiply and pulling Toronto stocks considerably lower today. Given today’s action, Prudent Investors should move to the sidelines and prepare to take profits. Aggressive Investors and Traders should play the market up or down as it develops.You…

The Fear Factor.

The energy sector powered the market on Monday and Tuesday. Stocks fell Wednesday as a result of a downgrade of U.S. based tech giant Cisco Systems. Strength in the financial sector led the market to rebound on Thursday and gains in the energy sector offset losses in the technology sector, leaving…

Daily Update Thursday, September 23, 2004

Canadian stocks rebounded today as strength in the financial sector offset weakness in the energy sector. Prudent Investors may resume their bargain hunting and bottom-fishing activities. Aggressive Investors and Traders should play the market to the upside. You may see all the action of the Daily Color Guard graphically…

Daily Update Wednesday, September 22, 2004

Toronto stocks moved lower today on the heels of a downgrade of U.S. based tech giant Cisco Systems. Given today’s action, Prudent Investors should move to the sidelines and prepare to take profits. Aggressive Investors and Traders should play the market up or down as it develops. You may…

Daily Update Tuesday, September 21, 2004

The Energy sector continued to power the market higher today. In the U.S. the Feds raised interest rates to 1.75% and U.S. stocks also moved higher. With the MTI above 1.00, Prudent Investors may continue to go bargain hunting and bottom-fishing. Aggressive Investors and Traders should play the market…