Monthly Archive: December 2004

Daily Update Tuesday, December 7, 2004

Although the market was largely unaffected by The Bank of Canada’s decision to leave interest rates unchanged, oil and gold-mining stocks fell pulling the Canadian market lower. With a DnUp situation, Prudent Investors should go to the sidelines. Aggressive Investors and Traders should play the market up or down…

Daily Update Monday, December 6, 2004

Although the Canadian markets eked out a small gain today, declining issues led advancing issues by a small margin. With the Price of the V V C falling on a week-over-week basis, Prudent Investors should go to the sidelines and prepare to take profits. Aggressive Investors and Traders should…

VectorVest Simple.

Earnings worries in the financial sector plagued the Toronto market on Monday and Tuesday, but financial stocks made a comeback on Wednesday, pushing the market higher. Energy and gold weighed the market down on Thursday. Energy stocks rebounded on Friday and the market closed higher. However, with a DnUp situation, Prudent…

Daily Update Thursday, December 2, 2004

Weakness in the energy and gold sectors dragged Canadian stocks 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 with a bias to the downside.You may see…

Daily Update Wednesday, December 1, 2004

Cross currents in the oil and financial markets caused the TSX to go up today, while the Price of the VVC/CA dropped. With an UpUp situation, Prudent Investors may continue to buy stocks. Aggressive Investors and Traders should play the market to the upside.You may see all the action…