Global subprime mortgage fears resurfaced today as the French bank, BNP Paribas, announced that they were freezing three funds that invested in U.S. subprime mortgages. The news sent shockwaves through the Canadian markets and they ended the day sharply lower. With three red lights and a DnDn situation Prudent…
Rising commodities and strength in the financial sector pushed the TSX more than 197 points higher today. With three yellow lights and an UpDn situation Prudent Investors should use caution when making new purchases at this time.Aggressive Investors and Traders should play the market up or down as…
After yet another volatile session, Canadian stocks ended the day lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may see all the action…
Resource stocks tried to offset the renewed concerns over the U.S. subprime mortgage lending crisis, but failed. The Price of the VVC/CA fell $0.21 for the week and we have three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…
Positive earnings reports pushed the TSX more than 158 points higher today. With three yellow lights and a DnDn situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action of…
The TSX fell more than 213 points today in a broad based decline led by resource stocks. 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…