Monthly Archive: February 2005

Daily Update Monday, February 28, 2005

Uninspiring economic data and rising oil prices held the Canadian markets underwater all day today. However, with a somewhat Bullish outlook, 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 the Daily…

Fun and Profit: Part I.

The Canadian markets’ spent the week on a rollercoaster. The financial sector pushed the market higher on Monday, while higher oil prices pushed it lower Tuesday. Energy stocks drove the market higher Wednesday and the Financial Sector took the TSX lower on Thursday. A 26% increase in the Royal Bank of…

Daily Update Thursday, February 24, 2005

The TSX closed lower today as investors fled the bank sector after Ottawa said it will remove the cap on foreign assets held in tax-deferred registered retirement savings plans. With two green lights and one yellow light, it’s still OK for Prudent Investors to buy stocks long. Aggressive Investors…

Daily Update Wednesday, February 23, 2005

Energy drove the Canadian markets to close higher today. 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 the Daily Color Guard graphically by clicking Market Timing Graph on the Charts &…

Daily Update Tuesday, February 22, 2005

A leap in crude oil prices pushed the Canadian markets to close lower today. With an UpUp situation, it’s still 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 the Daily Color Guard…

Daily Update Monday, February 21, 2005

Strength in the financial sector pushed the Canadian markets higher today. 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 the Daily Color Guard graphically by clicking Market Timing Graph on the…

Stock Buybacks

The Canadian markets’ rally continued this week with the Telecom sector leading the indexes to a higher close on Monday. Caution took hold on Tuesday as investors waited to see what Dr. Greenspan had to say. After his testimony on Wednesday, the market took off again with Resource stocks leading the…

Daily Update Thursday, February 17, 2005

Stock prices were mixed in Canada today with the TSX going down and Venture stocks going up. With one green light and two yellow lights, it’s still OK for Prudent Investors to buy stocks long. Aggressive Investors and Traders should play the market to the upside.You may see all…