Monthly Archive: November 2008

Daily Update Tuesday, November 18, 2008

After a volatile session, the TSX ended the day slightly higher. However, declines outweighed advances and the Price of the VVC/CA ended lower. 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…

Daily Update Monday, November 17, 2008

The falling price of oil and an announcement by Citigroup in regard to another round of job cuts put a damper on investor sentiment and caused the TSX to close more than 260 points lower. With one red light and a DnDn situation Prudent Investors should remain on the…

Weekly Newsletter Friday, November 14, 2008

The Price of the VVC/CA ended the week at $10.54 per share, down $0.61 per share from last Friday’s price of $11.15. The Price of the VVC/CA is very near its lowest level of $10.28 reached on October 27th. On a positive note, the MTI is hitting higher lows, signally a…

Daily Update Thursday, November 13, 2008

Investors snapped up bargains today giving the TSX back most of what was lost yesterday. Nevertheless, with one red light and a DnDn situation Prudent Investors should move to the sideline and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as…

Daily Update Wednesday, November 12, 2008

Weak metals and financial shares pushed the TSX to a loss of over 500 points today. Therefore, with two red lights 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 see all the action…

Daily Update Tuesday, November 11, 2008

Bad earnings reports and weak commodity prices pushed Candian equities to a sharply lower close today. Therefore, 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 a bias…

Daily Update Monday, November 10, 2008

The stimulus package for China gave investors the optimism needed to push the TSX slightly 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 or down…

Weekly Newsletter Friday, November 7, 2008

The Price of the VVC/CA ended the week at $11.15 per share, a drop of $0.13 per share from last Friday’s price of $11.28. The MTI ended the week at 0.62, 0.08 points higher than last Friday’s close of 0.54. Our indicators have been fluctuating for several weeks and hopefully, we…