Monthly Archive: August 2008

Daily Update Tuesday, August 19, 2008

Solid gains in energy and mining stocks limited the market’s losses today after a sharp sell-off in the banking sector sent the TSX slightly lower. 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…

Daily Update Monday, August 18, 2008

Financials tried to drag the TSX lower today, but strong consumer and gold stocks helped it to eke out a slight gain. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it…

Weekly Newsletter Friday, August 15, 2008

The Price of the VVC/CA got hit today ending $0.23 per share lower than yesterday’s price of $15.91 and closing at $15.68, a new low for this downturn. Meanwhile, the BSR closed at 0.09 today and is moving in a very tight range. The MTI has also been moving in a…

Daily Update Thursday, August 14, 2008

Weakness in oil and mining stocks sent Canadian equities lower today, however strength in banking stocks limited losses. Nevertheless, with one red light 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 with…

Daily Update Wednesday, August 13, 2008

Oil prices jumped today causing investors to pick up beaten-down energy stocks and pushing the TSX more than 210 points higher. Therefore, 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 Investors and Traders…

Daily Update Tuesday, August 12, 2008

Weakness in financial, industrial and mining stocks pushed the market slightly lower today. Therefore, 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 with a bias to the downside.You…

Daily Update Monday, August 11, 2008

A selloff of mining stocks caused the TSX to drop sharply and end the day lower. Therefore, 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 with a bias…

Weekly Newsletter Friday, August 8, 2008

The Price of the VVC/CA tumbled downhill ending $0.08 per share lower than yesterday’s price of $15.98. Meanwhile, the BSR closed at 0.09 today and is moving in a very limited range. The MTI has also been moving in a narrow range with only minimal changes this week ending at 0.59,…