Monthly Archive: May 2005

Daily Update Tuesday, May 31, 2005

Profit taking in the energy sector sent the TSX into negative territory. We have an UpDn situation. Therefore, Prudent Investors may buy stocks long. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside.You may see all the action…

Daily Update Monday, May 30, 2005

The Canadian markets ended higher today on light volume. With an UpDn situation, Prudent Investors may buy stocks long. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside.You may see all the action of the Daily Color Guard…

Bottom Fishing Using Industry Groups.

The price of oil gave the energy sector and the market a boost on Tuesday, Thursday and Friday. However, weakness in the financial sector left the Canadian markets slightly down on Wednesday. Overall, the TSX rose 167.17 points for the week and the TSX Venture rose 36.65 points. With an UpDn…

Daily Update Thursday, May 26, 2005

Strength in the resource sector pushed the Canadian markets higher today. With an UpDn situation, Prudent Investors may buy stocks long. Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside.You may see all the action of the Daily…

Daily Update Wednesday, May 25, 2005

Disappointing earnings reports from Canadian Imperial Bank of Commerce and the Bank of Montreal sent financial stocks lower offsetting gains in the energy sector and causing the Canadian markets to close slightly lower today. However, with an UpDn situation, Prudent Investors should continue getting their shopping lists ready for…

Daily Update Tuesday, May 24, 2005

Strong oil and gold prices pushed the Canadian markets to close higher. Prudent Investors should continue getting their shopping lists ready for some bargain hunting and bottom fishing. Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of the…

Bottom Fishing Using Recommendation Sequences.

The Canadian markets ended mixed on Monday and Tuesday, slightly higher on Wednesday and Thursday, and mixed again on Friday. Overall, the TSX rose 173.74 points for the week and the TSX Venture fell 29.61 points. Prudent Investors should get their shopping lists ready for some bargain hunting and bottom fishing….

Daily Update Thursday, May 19, 2005

Bargain hunters drove the Canadian market higher today. However, with a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops. You may see all the action of the Daily Color Guard graphically by…