Monthly Archive: January 2007

Topping Out.

Commodities continued to struggle last week, but despite that, Canadian equities moved higher. The Price of the VVC/CA continued to go up last week, gaining $0.08 and the BSR has now gone above 1.00, signaling a Confirmed Uptrend. With two green lights and an UpUp situation Prudent Investors may buy…

Daily Update Thursday, January 18, 2007

Tumbling oil prices and weakness in metals stocks combined to push Canadian stocks lower again today. We have been waiting for a strong opening, but I’m not sure that we’ll get it. Therefore, with three yellow lights and an UpUp situation Prudent Investors should remain on the sidelines until…

Daily Update Wednesday, January 17, 2007

Strength in energy and oil stocks fought weakness in financial and telecom stocks causing Canadian equities to end relatively flat today. With one green light and an UpUp situation Prudent Investors should be standing by with their shopping lists and be prepared to buy stocks on a…

Daily Update Tuesday, January 16, 2007

A sharp drop in oil prices pushed Canadian stocks lower today. However, we have two green lights and an UpUp situation. Therefore Prudent Investors should have their shopping lists ready and be prepared to buy stocks on a strong opening. Aggressive Investors and Traders should play the market with…

Daily Update Monday, January 15, 2007

Strength in energy, tech and telecom stocks led Canadian stocks to their third consecutive higher close today. With two green lights and an UpDn situation Prudent Investors should get their shopping lists ready and be prepared to buy stocks on a strong opening. Aggressive Investors and Traders…

Earnings Season.

Falling commodities prices pushed Canadian equities lower through Wednesday, but bargain hunting pushed them higher at week’s end. The Price of the VVC/CA reversed its trend again, moving $0.23 higher for the week. Now let’s see if the Price of the VVC/CA continues to go up or breaks down through the…

Daily Update Thursday, January 11, 2007

Bargain hunters drove Canadian stocks higher today. However, with three yellow lights and a DnDn 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 all the action of the Daily Color Guard graphically…

Daily Update Wednesday, January 10, 2007

Bargain hunters in the metals sector fought falling oil prices and lost pushing Canadian stocks lower today. With one red light and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.You may see all the action of the…