Monthly Archive: July 2008

Daily Update Wednesday, July 9, 2008

Energy and financial stocks fizzled out today leaving the market in a volatile position with the TSX falling nearly 200 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…

Daily Update Tuesday, July 8, 2008

After two days of triple-digit losses, the TSX rose nearly 100 points on falling oil prices. However,declines outweighed advances and the Price of the VVC/CA fell. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors…

Daily Update Monday, July 7, 2008

The price of oil rose by 50 cents per barrel today causing the TSX to fall more than 297 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…

Weekly Newsletter Friday, July 4, 2008

The Price of the VVC/CA moved lower again last week and is only $0.12 higher than its most recent low of $17.07 on April 29th. With the current state of our indicators, I don’t expect to see a major move to the upside anytime soon. Therefore, with one red light and…

Daily Update Thursday, July 3, 2008

The TSX clawed its way back from triple digit losses to close the day higher on strength in banking stocks. However, declines outweighed advances causing the Price of the VVC/CA to close lower. Therefore, with three red lights and a DnDn situation Prudent Investors should remain on the sidelines…

Daily Update Wednesday, July 2, 2008

Slowing economic conditions caused investors to worry and the TSX plummeted nearly 433 points today as all sectors backtracked causing the biggest one-day fall in more than three months. With three red lights and a C/Dn situation Prudent Investors should remain on the sidelines and not buy stocks at…