Monthly Archive: August 2007

Daily Update Tuesday, August 21, 2007

Reassuring words from the big banks pushed financial stocks and Canadian equities higher today. However, we still have three yellow lights and a DnDn situation. Therefore Prudent Investors should use caution when making new purchases at this time.Aggressive Investors and Traders should play the market up or down as…

Daily Update Monday, August 20, 2007

With investors still nervous over the state of the global credit markets, Canadian equities managed to finish the day higher after a very choppy session. We have three yellow lights and a DnDn situation. Therefore Prudent Investors should use caution when making new purchases at this time.Aggressive Investors…

Weekly Newsletter Friday, August 17, 2007

The TSX fell four of the five days last week, with three consecutive triple digit losses. This pushed the Price of the VVC/CA $0.78 lower for the week. We have three yellow lights and a DnDn situation. Therefore Prudent Investors should use caution when making new purchases at this time.Aggressive Investors…

Daily Update Thursday, August 16, 2007

In a rollercoaster session, the TSX was down close to 600 points mid-day, but recovered most of its losses during afternoon trading, ending the day just 200 points lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and…

Daily Update Wednesday, August 15, 2007

Investors continued to focus on fears of a tightening credit market pushing Canadian equities sharply lower again today. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all…

Daily Update Tuesday, August 14, 2007

Credit worries continue to mount and the TSX racked up another triple digit loss today. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the action of…

Daily Update Monday, August 13, 2007

After spending most of the day in positive territory, the TSX slipped into the red after infusions of cash from several banks, including the Bank of Canada, failed to ease investors’ fears about the credit market. With three yellow lights and a DnDn situation Prudent Investors should use caution…

Weekly Newsletter Friday, August 10, 2007

The U.S. subprime mortgage crisis continued to plague the Canadian markets last week and the Price of the VVC/CA fell $0.29. We have three red lights and a DnDn situation. Therefore Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.All investors…