The Price of the VVC/CA ended the week at $17.93, up $1.76 from March 20th’s low of $16.17. Although the Price of the VVC/CA closed lower week-over-week, two of the other key indicators, the RT and BSR rose. This may be a signal that the rally could resume. However, with our…
Falling oil prices sent Canadian equities sharply lower today. With two red lights 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 Daily Color Guard graphically by clicking Graphs->Market Timing…
Oil prices bounced back today sending the resource sector and Canadian equities higher. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.You…
Disappointing quarterly reports from BMO Financial Group and Scotiabank pushed the financial sector and Canadian equities sharply lower today. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market with…
The Toronto stock market closed slightly higher today on light volume. With one green light and a DnUp situation Prudent Investors should remain cautious until we get an UpUp situation. Aggressive Investors and Traders should play the market up or down as it develops.You may see all the action…
In a short week, the Canadian markets started the week higher, but got slammed on Wednesday on fears of higher inflation and a slowing U.S. economy. We now have one red light and a DnUp situation. Therefore Prudent Investors should move to the sidelines and take and/or protect profits. Aggressive…
Strength in the financial sector was offset by weakness in the energy sector causing the TSX to end the day flat. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and Traders should play the market up or down…
A forecast of a slower economy and higher inflation from the U.S. Federal Reserve caused Canadian equities to end the day sharply lower. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases. Aggressive Investors and Traders should play the market up…