Monthly Archive: December 2008

Daily Update Wednesday, December 31, 2008

The Toronto Stock Exchange ended the year with its third consecutive triple-digit gain as all sectors moved higher today led by financials and energy. With one green light, an UpUp situation and the presumption that stock prices will continue to move higher on Friday Prudent Investors may continue…

Daily Update Tuesday, December 30, 2008

The Toronto Stock Exchange closed with another triple-digit gain today as all sectors, with the exception of gold, moved sharply higher. With one green light, an UpUp situation and the presumption that stock prices will continue to move higher tomorrow Prudent Investors may continue to go bargain hunting…

Daily Update Monday, December 29, 2008

The Toronto Stock Exchange closed more than 326 points higher today as energy stocks soared on rising oil prices. With three yellow lights, an UpDn situation and presuming that stock prices will move higher again tomorrow Prudent Investors should have their shopping lists ready to go bargain hunting…

Weekly Newsletter Wednesday, December 24, 2008

The Price of the VVC/CA reversed its course and began to move lower this week ending at $9.78. However, the BSR moved higher to end the week at 0.08 points. This is a bullish divergence and could be signaling that stock prices will begin moving higher in the near future. Nevertheless,…

Daily Update Tuesday, December 23, 2008

Higher commodities prices helped Canadian equities end slightly higher after a rollercoaster day. Nevertheless, we have one red light and a DnDn situation. Therefore, presuming that stock prices will move lower tomorrow Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a…

Daily Update Monday, December 22, 2008

A disappointing report from Toyota Motors and continuously falling oil prices weakened investor sentiment today sending stock prices sharply lower. With one red light, a DnDn situation and presuming that stock prices will move lower again tomorrow Prudent Investors should move to the sidelines.Aggressive Investors and Traders should…

Weekly Newsletter Friday, December 19, 2008

The Price of the VVC/CA continued moving higher this week, ending at $9.94, gaining $0.07. The BSR, a.k.a. the Canary, also moved another point higher to end at 0.06 points. Although the progress is slow, there does seem to be some data to support the hope that the rally will continue….

Daily Update Thursday, December 18, 2008

Tumbling oil prices sent energy stocks and Canadian equities sharply lower today. Nevertheless, with three yellow lights, an UpDn situation and the assumption that stocks will rebound tomorrow Prudent Investors should have their shopping lists ready to go bargain hunting and bottom fishing.Aggressive Investors and Traders should play the…