The Bank of Canada cut its key rate causing investors to fear the onset of a mild recession pushing Canadian equities lower. With two red lights and an DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market to the downside.You may see…
Higher oil prices and growing investor confidence that the financial system was beginning to thaw pushed the TSX nearly 700 points higher today. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing, but caution is advised.Aggressive Investors and Traders should play…
The Price of the VVC/CA ended the week at $11.25 per share, showing us there is some hope that things may be turning around. The MTI rose slightly this week as the market teeter-tottered while trying to find a direction. Although our indicators showed little improvement this week, I continue to…
Investors were buying beaten up energy stocks today despite the drop in oil prices which caused the TSX to close slightly lower. Therefore, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a…
The sucker’s rally we got yesterday built hopes up, but the market closed sharply lower today as worries about the U.S. economy and the frozen credit market continue. Therefore, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…
The market roared back to life today with energy and financial stocks boosting the TSX almost 900 points. The Price of the VVCA/CA only needs to move 0.10 points higher to give us a Primary wave of UP. Therefore, with three yellow lights and a DnDn situation Prudent Investors…
The Price of the VVC/CA ended the week at $10.88 per share, the lowest low we have ever seen. With the BSR at its lowest level on record, we remain in negative territory. The MTI has gone downhill since September 30th and has also set a new record low of 0.28….
Sharp declines in the financial and energy sectors caused the market to fall to its lowest level since May 2005. Therefore, with two red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may…