Monthly Archive: May 2006

Daily Update Monday, May 8, 2006

News of a takeover bid for Inco Ltd. from Teck Cominco Ltd. kept the Canadian markets above water today despite falling oil and gold prices. With three yellow lights and an UpUp situation, Prudent Investors should continue to use caution when making new purchases. Aggressive Investors and Traders should…

Never Trust a Pretty Face.

Fluctuating oil prices determined the majority of the movement in the Canadian markets last week as it ended higher on Monday and Tuesday and lower on Wednesday and Thursday. On Friday, the TSX experienced a triple-digit gain, led by strength in base-metal, gold and energy stocks. Overall, the TSX rose 65.94…

Daily Update Thursday, May 4, 2006

The Canadian markets closed mixed today due to falling crude oil prices overshadowing rising gold stocks. With a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or protect profits. Aggressive Investors and Traders should play the market up or down…

Daily Update Wednesday, May 3, 2006

Weakness in energy, mining, gold and financial stocks caused the Canadian markets to end the day lower. With a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or protect profits. Aggressive Investors and Traders should play the market up or…

Daily Update Tuesday, May 2, 2006

The TSX ended the day higher with the Canadian dollar topping 90 cents US for the first time in 28 years. With a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or protect profits. Aggressive Investors and Traders should play…

Daily Update Monday, May 1, 2006

The TSX managed to end the day with modest gains. With a DnUp situation, Prudent Investors should continue to use caution when making new purchases, tighten stops and take and/or protect profits. Aggressive Investors and Traders should play the market up or down as it develops.You may see all…