Oil prices came back from a six-week low causing energy stocks to push the TSX to a solid gain today. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines, but get their shopping lists ready in the event that the market moves higher…
The Price of the VVC/CA moved lower for the sixth consecutive week to end at $16.46; it is now just $0.30 higher than the March 19th low of $16.16. Our other indicators, the RT, BSR and MTI, continue to fluctuate with the Price of the VVC/CA. Therefore, we haven’t really seen…
Oil prices dropped below $130 per barrel for the first time since June 5th causing Canadian equities to close lower again 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…
News that U.S. bank Wells Fargo beat market expectations sparked a rally in the financial sector causing Canadian equities to end the day higher. However, with one red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and…
A hefty drop in the price of oil and continued concerns over the financial turmoil in the U.S. caused investors to dump stocks today and the TSX ended more than 383 points lower. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and…
Canadian equities closed slightly higher today as oil stocks rose despite flat crude oil prices. With three yellow 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 up or down as it…
The Price of the VVC/CA moved lower for the fifth consecutive week and our other key indicators, the RT, BSR and MTI continued to deteriorate. The Price of the VVC/CA is just $0.60 higher than its most recent low of $16.16 set on March 19, 2008. With one red light and…
After three weeks of being beaten down, the TSX jumped higher as energy stocks rose due to the boost in oil prices. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines at this time.Aggressive Investors and Traders should play the market up or…