Higher oil prices helped to offset the losses from yesterday pushing the TSX 467.83 points higher and causing what looks to be a dead cat bounce. Therefore, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines until we see a Primary Up signal.Aggressive…
Investors reacted to the defeat of the U.S. bailout for the financial industry and the TSX had the biggest one-day point-drop in history, ending more than 840 points lower. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…
The Price of the VVC/CA ended the week at $14.30 per share, just $0.20 above the all-time low of $14.10 hit on September 17th. If the Price of the VVC/CA crosses this support level, we could be in trouble. However, with the BSR at such low levels, we don’t have much…
Energy stocks rose with the late-day jump in crude oil and the financial sector improved on growing hopes of a bailout causing Canadian equities to show a slight gain. With three yellow lights and an UpDn situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders…
The market closed flat today as nervous investors saw no reason to buy stocks after the government’s roadblock to rescue the financial industry. With three yellow lights and an UpDn situation Prudent Investors should use caution when making new purchases.Aggressive Investors and Traders should play the market up or…
The market fell sharply as investors worried about the massive bailout program for the financial sector. 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…
The market failed to respond to a jump in crude oil and the selloffs in bank and insurance stocks pushed the TSX down sharply. 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…
The Price of the VVC/CA ended the week at $14.98, which shows that we are beginning to come up from the lowest low of $14.10 hit on September 17th. The Price of the VVC/CA has been on a downward trend since June 25th and we are hoping that the market stays…