The Price of the VVC/CA ended the week at $11.28 per share, a gain of $0.41 per share from last Friday’s price of $10.87. The MTI ended the week at 0.54, 0.26 points higher than last Friday’s close of 0.28. Our indicators have been rising since October 27th and although we…
Commodity stocks helped push the TSX to its third consecutive day of triple-digit gains. Therefore, with three yellow lights and a UpDn situation Prudent Investors may go bargain hunting and bottom fishing, but caution is advised.Aggressive Investors and Traders should play the market up or down as it develops…
The U.S. Federal Reserve cut its key interest rate by half a point helping the market to roar ahead for the second consecutive day. The Price of the VVC/CA will definitely give us a Primary Up should the market move higher again tomorow. Therefore, with three yellow lights and…
The TSX recovered most of yesterday’s losses today as bargain hunters moved in to push Canadian equities higher. Nevertheless, 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…
Recession worries plagued Canadian equities today pushing the TSX to its lowest close in more than four years. 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 to the…
The Price of the VVC/CA ended the week at $10.87 per share, even though there was a nice upturn on Monday, it just wasn’t meant to be with the economy failing. The MTI has been moving in a tight pattern this week. Although our indicators have dropped, we have seen up…
Higher crude prices and positive earnings reports from the energy sector pushed the TSX to a higher close today. However, declines outweighed advances and the Price of the VVC/CA fell. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks…
Disappointing earnings reports and pessimism over the economic outlook ignited another selloff in commodity stocks causing the TSX to fall sharply. 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…