Improvement in energy stocks pushed the TSX and the Price of the VVC/CA slightly higher today. Although we have an UpUp situation Prudent Investors should remain on the sidelines until we see further evidence of a sustainable uptrend.Aggressive Investors and Traders should play the market up or…
Energy and income trusts stocks pushed the Canadian markets and the Price of the VVC/CA slightly lower today. With our current situation Prudent Investors should 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…
Higher oil prices and merger and acquisition activity sent the Canadian markets higher today. However, we still have three yellow lights and a DnDn situation. Therefore Prudent Investors should remain on the sidelines until we see more evidence of a sustainable uptrend.Aggressive Investors and Traders should play the…
After a relatively flat start on Monday and Tuesday, the announcement on Wednesday of Ottawa’s decision to begin taxing income trusts more like corporations sent investors running to the sidelines. Friday’s employment data gave investors and the Canadian markets a slight boost. However, the Price of the VVC/CA still ended the…
Although the Canadian markets ended the day higher, declines far outweighed advances and the Price of the VVC/CA and the BSR are trending lower. With the current situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.You…
Ottawa’s decision to begin taxing dividends on income trusts caused investors to dump income trusts and companies planning to convert pushing the TSX more than 294 points lower today. The Price of the VVC/CA fell from last Wednesday and the underlying trend of the market, although still showing an…