Monthly Archive: November 2008

Weekly Newsletter Friday, November 28, 2008

The Price of the VVC/CA ended the week at $10.48 per share, up $0.90 per share for the week and switching our Primary Wave to an Up. Our other indicators, the RT, the BSR and the MTI, also gained some ground this week. Is this the rally we have been waiting…

Daily Update Thursday, November 27, 2008

Strength in commodity stocks pushed Canadian equities higher again today. Therefore, 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 market up or down as it develops with a bias to…

Daily Update Wednesday, November 26, 2008

Strength in energy and base metals stocks pushed Canadian equities higher today. Therefore, with three yellow lights and an UpDn situation Prudent Investors may get their shopping lists ready to go bargain hunting and bottom fishing should the market continue to move higher tomorrow.Aggressive Investors and Traders should play…

Daily Update Tuesday, November 25, 2008

The latest U.S. government aid plan and a mixed bag of economic news weighed on investors minds’ today causing Canadian equities to end the day flat. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors…

Daily Update Monday, November 24, 2008

Stronger commodities prices along with a plan from the U.S. government to bailout Citigroup helped Canadian equities to end the day sharply 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…

Weekly Newsletter Friday, November 21, 2008

The October 27th low was shattered on Tuesday when the Price of the VVC/CA hit $10.26. It continued to tumble thereafter, ending the week at $9.58 per share. Our other indicators, the RT, the BSR and the MTI, all faltered this week as well, hitting lower-lows. It’s too late to sell…

Daily Update Thursday, November 20, 2008

Tumbling oil prices put pressure on the energy sector and caused the TSX to plummet more than 765 points today. 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 Traders should play the market…

Daily Update Wednesday, November 19, 2008

Negative U.S. economic data and doubts over the propects of a U.S. bailout for the Big Three automakers caused investors to back away from stocks and pushed Canadian equities sharply lower today. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not…