Rising crude oil prices led the way today pushing Canadian equities to a higher close. With three yellow lights and a DnDn 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…
The Price of the VVC/CA fell $0.23 for the week and we received a Confirmed Down signal on Wednesday. However, the Price of the VVC/CA is still well above its most recent low of $17.07, reached on April 29th. Therefore, we still have plenty of room to move lower. Given our…
Downgrades in the financial sector, disappointing earnings from Research in Motion and record high oil prices combined to push the TSX more than 148 points lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive…
The U.S. Federal Reserve decided to leave its key interest rate unchanged causing financial and energy stocks to give up early gains and Canadian equities to end the day mixed. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks…
High oil prices caused serious damaged to corporate earnings today as the TSX fell a whopping 282.22 points. 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…
After two days of triple digit losses, the TSX rose more than 100 points higher today as energy stocks soared due to higher oil prices. With one red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market…
The Price of the VVC/CA continued to move in a relatively narrow range; falling $0.18 for the week. The MTI closed below 1.00 again this week, still giving us a preliminary signal of a sustainable downtrend. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines…
The TSX ended the day more than 280 points lower as rising fuel prices sent oil stocks plummenting. With one red light and an UpDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias…