Monthly Archive: June 2008

Daily Update Wednesday, June 18, 2008

After spending the majority of the day in negative territory, Canadian equities drifted to a flat close as energy stocks moved up on higher oil prices. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive…

Daily Update Tuesday, June 17, 2008

The market ended the day on an up note as the energy sector pushed Canadian equities higher despite falling oil prices. With one red light and an UpUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.You…

Daily Update Monday, June 16, 2008

The TSX ended today strong buoyed by the mining sector. 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 it develops.You may see all…

Weekly Newsletter Friday, June 13, 2008

The Price of the VVC/CA reversed its course and began moving lower this week, losing $0.20. The MTI followed suit and fell below 1.00, to end the week at 0.96; giving us a preliminary signal of an oncoming downturn. We need to watch the Price of the VVC/CA to see if…

Daily Update Thursday, June 12, 2008

Volatile oil prices sent Canadian equities sharply lower today. 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 Traders should play the market to the downside.You may see all the action of the Daily…

Daily Update Wednesday, June 11, 2008

The TSX closed the day slightly lower as investors continue to try and find a balance between skyrocketing oil prices and the stress of rising interest rates. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive…

Daily Update Tuesday, June 10, 2008

In an effort to combat rising inflation, the Bank of Canada spooked investors by leaving its key interest rate unchanged and Canadian equities ended the day sharply lower. With two red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should…

Daily Update Monday, June 9, 2008

After opening the day strong, the market ended slightly lower as energy stocks backed off after a summit had been called to discuss sky rocketing oil prices. With one red light and an UpUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market…