Investors pushed the Canadian market higher today, in response to a relatively uneventful election in Iraq, good news from OPEC and news of several mergers and acquisitions. With an UpUp situation, it’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market as…
The TSX rose a total of 55 points this week, but the action didn’t begin until Tuesday. Investors sat on the sidelines Monday, paralyzed by the fear of higher oil prices and the Iraqi election. Tuesday, based on the release of a traunch of better-than-expected earnings reports, investors decided that it…
The Canadian market closed higher for the third day in a row today as energy stocks continued yesterday’s rebound. With an UpUp situation, it’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside.You may see all the action of…
An upbeat report from Research In Motion, RIM, a major tech player on the Toronto exchange, spurred a slight rally today helping the Canadian markets to close with a gain. It’s still OK for Prudent Investors to buy stocks long, but caution is advised. Aggressive Investors and Traders should…
Positive earnings reports eased investors’ worries over higher oil prices and they went bargain hunting today, pushing the Canadian market higher. With an UpUp situation, it’s OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside.You may see all the…
Higher oil prices and concern over the Iraqi election had investors on the sidelines today. With an UpUp situation and three yellow lights, it’s still OK for Prudent Investors to buy stocks long, but they should remain cautious. Aggressive Investors and Traders should play the market as it develops…
Energy stocks and an ease in oil prices boosted the market on Monday and Tuesday. Wednesday, however, the market closed slightly lower as investors exercised caution, waiting for the expected corporate earnings releases. The market consolidated slightly on Thursday as a larger than expected rise in U.S. fuel inventories eased worries…
With an UpUp situation and three yellow lights, it’s still OK for Prudent Investors to buy stocks long, but they should remain cautious. Aggressive Investors and Traders should play the market as it develops with a bias to the upside.You may see all the action of the Daily Color…