Monthly Archive: May 2006

Daily Update Wednesday, May 31, 2006

The Canadian markets rose slightly today on strength in technology and resource stocks. However, with three yellow lights and an UpDn situation, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of…

Daily Update Tuesday, May 30, 2006

The Canadian markets fell today as investors stepped in after three consecutive up days and took profits. With three yellow lights and an UpDn situation, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops.You may see all…

Daily Update Monday, May 29, 2006

Energy, gold and mining stocks led the Canadian markets higher on light volume today. With three yellow lights and an UpDn situation, Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down as it develops. You may see all the action…

The Chairman’s Challenge Runners-Up.

Declining commodities’ prices left the TSX relatively flat on Tuesday and Wednesday, but bargain hunters came in on Thursday and Friday pushing the Canadian markets higher. Overall, the TSX rose 216.98 points for the week and the TSX Venture rose 69.46 points for the week. With three yellow lights and an…

Daily Update Thursday, May 25, 2006

The price of metals and oil rose today pushing the TSX more than 220 points higher. However, with an UnDn situation, Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down as it develops…

Daily Update Wednesday, May 24, 2006

The strong year-to-date gains on the TSX continued to dissolve today as it closed lower after two flat trading sessions. With a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.You may see all the action…

Daily Update Tuesday, May 23, 2006

After being up more than 100 points, the TSX came crashing down to end the day slightly negative as investors took profits on resource stocks. With a DnDn situation, Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.You…

No Mo Mojo.

The Canadian markets got crushed last week as oil, gold and base metals fell hard and continued inflation fears pushed investors to take profits. Overall, the TSX fell 492.30 points for the week and the TSX Venture fell 455.13 points for the week. With a DnDn situation, Prudent Investors should not…