Monthly Archive: August 2006

Daily Update Monday, August 21, 2006

Strength in oil, gold and financial stocks pushed the Canadian markets higher today. Given our current situation Prudent Investors should remain on the sidelines until we see more evidence of a sustainable uptrend. Aggressive Investors and Traders should play the market up or down as it develops with a…

Risk Patience and Reward.

Easing oil prices pushed the TSX lower on Monday, but tame U.S. inflation data drove it higher mid-week. Investors took a break on Friday, with the TSX closing relatively flat. Overall, the TSX gained 99.93 points for the week, while the TSX Venture lost 19.62 points for the week. Given our…

Daily Update Thursday, August 17, 2006

Strength in financial and information technology stocks battled weakness in energy stocks and the Canadian markets ended mixed. With one red light and an UpUp 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…

Daily Update Wednesday, August 16, 2006

The second day of tame U.S. inflation data gave investors a reason to buy stocks and the Canadian markets closed higher today. However, with three yellow lights and an UnUp situation Prudent Investors should remain on the sidelines. Aggressive Investors and Traders should play the market up or down…

Daily Update Tuesday, August 15, 2006

An unexpected drop in U.S. wholesale prices gave investors hope of lower inflation in the future and the TSX rose more than 100 points. However, with three yellow lights and a DnUp situation Prudent Investors should continue to take and/or protect profits and remain on the sidelines. Aggressive…

Daily Update Monday, August 14, 2006

Falling oil prices pushed the Canadian markets lower today. With a DnUp situation Prudent Investors should continue to take and/or protect profits and 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…

The Last Data Point.

In a short week, rising and falling oil prices, inflation fears and a foiled terrorist plot left the Canadian markets relatively unchanged. Overall, the TSX gained 8.22 points for the week, while the TSX Venture lost 17.26 points for the week. With a DnUp situation Prudent Investors should take and/or protect…

Daily Update Thursday, August 10, 2006

A foiled terrorist plot pushed oil prices and the Canadian markets lower today. With two red lights and a DnUp situation Prudent Investors should take and/or protect profits and move to the sidelines. Aggressive Investors and Traders should play the market with a bias to the downside.You may see…