Monthly Archive: October 2005

Daily Update Wednesday, October 19, 2005

The Canadian markets closed mixed today with the TSX staging a late turnaround from more than a 100 point deficit on the heels of higher energy and financial shares, while the TSX Venture exchange remained lower. Declines outweighed Advances by a huge margin and we have three red lights…

Daily Update Tuesday, October 18, 2005

Inflation concerns and the emergence of Hurricane Wilma drove prices sharply lower today. With three red lights and a DnDn situation, Prudent Investors should not buy any stocks at this time. Aggressive Investors and Traders should play the market to the downside. With the BSR ratio at a level…

Daily Update Monday, October 17, 2005

Energy stocks moved nicely higher today, but our Market Timing indicators still remain below water. Prudent Investors should remain cautious, while 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 clicking Market…

Buying the Right Stocks.

Fluctuating oil prices drove investors to take profits or look for bargains in the energy sector. The TSX moved lower on Wednesday and Thursday and higher on Tuesday and Friday. Overall, the TSX fell 123.48 points for the week and the TSX Venture fell 60.07 points. Prudent Investors should remain on…

Daily Update Thursday, October 13, 2005

Another day of profit taking in the energy sector pushed the Canadian market lower. Prudent Investors should remain to the sidelines. Aggressive Investors and Traders should play the market to the downside.You may see all the action of the Daily Color Guard graphically by clicking Market Timing Graph on…

Daily Update Wednesday, October 12, 2005

Profit taking sunk the Canadian markets today. With a DnDn situation, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.You may see all the action of the Daily Color Guard graphically by clicking Market Timing Graph on…

Daily Update Tuesday, October 11, 2005

Gains in the energy sector were cancelled out by falling technology and financial issues, leaving the Canadian market only slightly higher today. With a DnDn situation, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.You may see…

The Next Bear Market.

Energy stocks were mauled last week, causing the TSX to have three days of triple digit losses. Overall, the TSX fell a whopping 399.68 points for the week and the TSX Venture fell 41.13 points. Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market with…