Monthly Archive: January 2009

Weekly Newsletter Friday, January 30, 2009

The Price of the VVC/CA closed at $10.41. The Price of the VVC/CA moved above its 65-day Moving Average and the MTI hovered above 1.00 on Tuesday resulting in a C/Up. How long will this C/Up last? That is the question. We know our last C/Up lasted a little over two…

Daily Update Thursday, January 29, 2009

A poor performance by energy and financial stocks sent the Canadian equities market to a lower close today. However, with one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market with a bias to…

Daily Update Wednesday, January 28, 2009

A new plan to help ailing U.S. banks and higher prices for oil sent Canadian stocks to a higher close. With one green light, a C/Up situation and the presumption that stock prices will continue to move higher tomorrow Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long….

Daily Update Tuesday, January 27, 2009

A strong day by financial stocks and an upbeat earnings report from Canadian Pacific Railway sent Canadian equities to a higher close today. With three yellow lights, an UpDn situation and presuming that the market continues to rally tomorrow Prudent Investors should have their shopping lists ready to do…

Daily Update Monday, January 26, 2009

Good news from British bank Barclays boosted financial stocks and sent Canadian equities to a higher close. However, 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…

Weekly Newsletter Friday, January 23, 2009

The Price of the VVC/CA fell $0.20 this week to $10.37. Moreover, the Price of the VVC/CA moved below its 65-day Moving Average and the MTI went below 1.00 on Wednesday giving us a C/Dn signal. The RT rose this week, but the BSR and MTI continue to give us mixed…

Daily Update Thursday, January 22, 2009

The news of Microsoft cutting 5,000 jobs and weak retail sales data led Canadian stocks to a lower close. With three red lights and a C/Dn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside.You may see…

Daily Update Wednesday, January 21, 2009

A late rally by financial and energy stocks led the Canadian equities market to a higher close. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive Investors and Traders should play the market up or…