After a slow start to the week, the TSX soared to a new all-time high on Thursday only to plunge by triple digits on Friday. However, the Price of the VVC/CA managed to complete its fourth consecutive Up week, gaining a mere penny. Also, all of the other indicators lost ground….
Investors disregarded a weak manufacturing report and focused on buying resource and technology stocks pushing the TSX to a new record high today. With one green light and an UpUp situation Prudent Investors should be prepared to buy stocks on a strong opening.Aggressive Investors and Traders should play the…
Strength in mining and energy stocks pushed the TSX higher today. However, the Color Guard is giving us mixed signals. Therefore Prudent Investors should remain on the sidelines and continue to take and/or protect profits. Aggressive Investors and Traders should play the market up or down as it…
Although the U.S. Federal Reserve did leave its key interest rate unchanged at 5.25%, investors’ hopes for an indication of a drop in interest rates in early 2007 were dashed and Canadian stocks ended lower. We now have one red light and a DnUp situation. Therefore Prudent Investors should…
Lower oil prices and an impending U.S. Fed decision left investors indecisive and Canadian stocks ended the day slightly lower. With three yellow lights and an UpUp situation Prudent Investors may continue buying high VST-Vector, “B” rated stocks long, but caution is advised.Aggressive Investors and Traders should play the…
It was another tough week for Canadian stocks as they inched up slightly. The Price of the VVC/CA managed to gain $0.15 from last week and is in its third consecutive Up week. However, the other indicators are struggling to gain ground. With an UpUp situation Prudent Investors may continue buying…
Strength in financial stocks helped to push the TSX to a slightly higher close. With an UpUp situation Prudent Investors may continue buying high VST-Vector, “B” rated stocks long.Aggressive Investors and Traders should play the market with a bias to the upside.You may see all the action of the…
Instability in the banking and mining sectors pushed Canadian stocks to a relatively flat close. With an UpUp situation Prudent Investors may continue buying high VST-Vector, “B” rated stocks long.Aggressive Investors and Traders should play the market with a bias to the upside.You may see all the action of…