Monthly Archive: December 2008

Daily Update Thursday, December 4, 2008

Falling metal and oil prices pummelled commodity stocks today causing the TSX to reverse early gains and end the day more than 239 points lower. With two red lights, a DnDn situation and the assumption that the market will continue to move lower tomorrow Prudent Investors should remain on…

Daily Update Wednesday, December 3, 2008

Weakness in energy and base metals stocks offset strength in financial stocks causing Canadian equities to end the day lower. With one red light, a DnDn situation and the assumption that the market will continue to move lower tomorrow Prudent Investors should remain on the sidelines. Aggressive Investors and…

Daily Update Tuesday, December 2, 2008

Weakness in the banking sector offset strength in the energy and mining sectors pushing Canadian equities lower. With one red light, a DnDn situation and the presumption that the market will continue to move lower tomorrow Prudent Investors should move to the sidelines. Aggressive Investors and Traders should play…

Daily Update Monday, December 1, 2008

Canadian equities plummeted more than 864 points after a broad-based selloff led by the energy and financial sector. With three yellow lights, an UpDn situation and the presumption that the market will rebound tomorrow Prudent Investors may continue to go bargain hunting and bottom fishing, but caution is advised….