Weakness in energy stocks, an interest rate hike by the Bank of Canada and the Chinese Central Bank plagued the Canadian markets last week pushing the TSX lower for four consecutive days. However, rising commodities prices helped the TSX end the week on a positive note. Overall, the TSX fell 233.05…
The TSX fell more than 100 points today as China’s Central Bank raised interest rates causing Canadian investors to worry about the future demand for oil and metals. With a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or protect…
The TSX fell for the third consecutive day today as declines in the energy and tech sectors outweighed gains in the materials and financial sectors. With three yellow lights and a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or…
The Bank of Canada raised its key interest rate a quarter of a point for the sixth consecutive time today and Canadian stocks ended lower. Prudent Investors should use caution when making new purchases, tighten stops and take and/or protect profits. Aggressive Investors and Traders should play the market…
Weakness in energy, tech and financial stocks pushed the Canadian markets lower today. With three yellow lights and an UpUp situation, Prudent Investors may continue to buy high VST-vector, “B” rated stocks, but caution is advised. Aggressive Investors and Traders should play the market up or down as it…
The Canadian markets rose Monday, Tuesday and Wednesday as oil continued to hit record highs and precious and base metals stocks soared, but profit takers stepped in on Thursday and beat the TSX down more than 178 points. However, the price of oil continued its rally on Friday and the TSX…
After hitting a new record high yesterday, the TSX fell more than 170 points today as investors took profits and the price of gold fell. With three yellow lights and an UpUp situation, Prudent Investors may continue to buy high VST-vector, “B” rated stocks, but caution is advised. Aggressive…
The TSX hit another all-time high today as oil rose to over $72 US per barrel. Prudent Investors may continue to buy high VST-vector, “B” rated stocks. Aggressive Investors and Traders should play the market to the upside.You may see all the action of the Daily Color Guard graphically…