Monthly Archive: June 2006

Daily Update Thursday, June 8, 2006

Fears of a stumbling U.S. economy drove the TSX to close lower today while hitting new lows for the year. With two red lights and a DnDn situation, Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the…

Daily Update Wednesday, June 7, 2006

Lower oil prices were the major contributor causing the TSX to close sharply lower today. With three red lights and a DnDn situation, Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.You may…

Daily Update Tuesday, June 6, 2006

The Canadian markets racked up another day of losses on continued fears of a U.S. interest rate hike. With three red lights and a DnDn situation, Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to…

Daily Update Monday, June 5, 2006

Fears of further interest rate hikes in the U.S. sent the TSX tumbling more than 199 points today. With three red lights and a DnDn situation, Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to…

Pedro’s Pride.

The Canadian markets ended higher every day last week, with the exception of Tuesday when investors stepped in and took profits. Overall, the TSX rose 135.91 points for the week and the TSX Venture rose 16.79 points for the week. With an UpDn situation, Prudent Investors should remain on the sidelines…

Daily Update Thursday, June 1, 2006

Although the TSX had a triple digit gain today on strength in energy and financial stocks, the Price of the VVC/CA only rose $0.01 from yesterday and the BSR fell. Therefore, Prudent Investors should remain on the sidelines until we see what direction this market is headed. Aggressive Investors…