Canadian equities soared after the U.S. Federal Reserve announced that it cut its key interest rate to a record low range of zero to 0.25%. With three yellow lights, an UpDn situation and the presumption that the market will continue its rally tomorrow Prudent Investors should have their shopping…
After spending the majority of the trading day in the green, Canadian equities faltered in late afternoon trading as oil prices began falling. Therefore, with three yellow lights, a DnDn situation and assuming that the market will continue to move lower again tomorrow Prudent Investors should move to the…
The Price of the VVC/CA continued to move away from its all-time low of $9.30 hit on November 20th, gaining $0.38 for the week. The BSR, a.k.a. the Canary, has finally begun to move higher, hitting 0.05 points. Although this still seems bad, it is the highest the BSR has been…
Although the TSX was in the green in early trading, the pressure of weak financial stocks weighed the market down, causing Canadian equities to end the day lower. Nevertheless, with three yellow lights, an UpDn situation and the presumption that the market could rebound tomorrow Prudent Investors should continue…
Although financial stocks continued to lose ground today, strength from energy and mining stocks propelled the Toronto Stock Exchange to a triple-digit gain today. Presuming that the rally continues tomorrow and with three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready to do…
The Bank of Canada declared that the economy was moving into a recession as they cut their key interest rate by 0.75 percentage points to 1.5% causing the TSX to fall more than 169 points today. With one red light, a DnDn situation and the presumption that the market…
News of President-elect Obama’s plans to launch a huge stimulus package and solid advances in the energy and financial sectors pushed the TSX more than 450 points higher. Presuming that the rally continues tomorrow and with one green light and an UpDn situation Prudent Investors should have their shopping…
The Price of the VVC/CA closed the week at $9.49 per share, down $0.99 per share. The Price of the VVC/CA is now only $0.19 above its all-time low of $9.30 hit on November 20th. Our other indicators, the RT, the BSR and the MTI, also turned around this week falling…