Monthly Archive: March 2008

Canadian stock prices soared today after the U.S. Federal Reserve cut interest rates by three-quarters of a percentage point to 2.25%, the lowest level since December 2004. With three yellow lights and a DnDn situation Prudent Investors should get their shopping lists ready to buy stocks if the the…

U.S. investment bank Bear Stearns was bought out by rival JPMorgan Chase & Co, along with support from the U.S. central banks, for $236.2 million USD, or $2 a share. The buyout slammed banking stocks and Canadian equities ended the day sharply lower. With three red lights and a…

Canadian equities overcame early losses to end the day sharply higher after Standard & Poors commented that there is an end in sight to the writedowns related to subprime mortgages. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy…

Weakness in energy stocks and investor uncertainty over the state of the credit markets pushed Canadian equities slightly lower today after a choppy session. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and…

Canadian equities soared today as the world’s central banks move to ease the credit crisis with another injection of cash into the financial markets. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors…

Continued concerns over the credit crisis and worries about the U.S. and Chinese economies sent stock prices sharply lower today. With two red lights and a C/Dn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the…