Monthly Archive: August 2008

Weekly Newsletter Friday, August 29, 2008

The Price of the VVC/CA had a great week, ending at $16.29, continuing its upward movement from last Friday’s price of $15.97. Moreover, the BSR closed at 0.17 today, breaking out of its narrow range, advancing 0.08 points from last Friday. The MTI has also made great strides this week climbing…

Daily Update Thursday, August 28, 2008

Positive earnings reports from the country’s big banks encouraged investors today sending Canadian equities higher for the second day with triple-digit gains. With one green light and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market with…

Daily Update Wednesday, August 27, 2008

A strong earnings report from CIBC along with gains in the financial sector allowed investors to snatch up stocks today pushing the TSX sharply higher. With one green light and a UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised. Aggressive Investors…

Daily Update Tuesday, August 26, 2008

The market had little movement today as bank stocks softened and energy stocks followed oil as it rose due to hurricane fears. Therefore, with three yellow lights and an UpDn situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive Investors and Traders…

Daily Update Monday, August 25, 2008

Worries over the financial sector pushed the TSX sharply lower today. However, with three yellow lights and an UpDn 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…

Weekly Newsletter Friday, August 22, 2008

The Price of the VVC/CA had a slight drop as it ended $0.08 per share lower than yesterday’s price of $16.05, closing at $15.97, which still shows nice upward movement compared to last Friday’s price of $15.68. Meanwhile, the BSR closed at 0.09 again today and has continued to show a…

Daily Update Thursday, August 21, 2008

Crude oil prices rose today causing the energy and mining stocks to surge higher, and sending the TSX up 189 points. This is the second day in a row that the TSX experienced a triple digit gain. With three yellow lights and a UpDn situation Prudent Investors may…

Daily Update Wednesday, August 20, 2008

Canadian equities shot up like a rocket today as investors picked up beaten down energy stocks and pushed the TSX more than 286 points higher. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines until we see some evidence of a sustainable uptrend.Aggressive…