Despite the Bank of Canada’s cut in official interest rates, lower oil prices and continued woes in the financial sector sent Canadian stocks sharply lower today. With three red lights and a DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…
Lower oil prices and record breaking losses by the Royal Bank of Scotland sent Canadian equities to a lower close. However, 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 Price of the VVC/CA fell this week to $10.57. Despite late week rallies, the RT, BSR and MTI all ended the week down. The Price of the VVC/CA is currently above Monday’s price of $10.48 signaling that the Primary Wave will likely turn Up on Monday. The Color Guard, however,…
Canadian stocks closer higher today after plans for more possible U.S. government stimulus were released. With three yellow lights and a DnUp 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 down as…
Sharp losses in the banking and retail sectors caused Canadian stocks to end the day down. With three red lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to the downside.You may…
An impressive day by energy and financial stocks led Canadian equities to a higher close. With three yellow lights, a DnUp situation and presumption that stock prices will continue to move higher again tomorrow Prudent Investors should get their shopping lists ready.Aggressive Investors and Traders should play the market…
Disappointing jobs data and major losses in the banking sector sent Canadian equities to a lower close. With one red light, a DnUp situation and the presumption that stock prices will continue to move lower tomorrow Prudent Investors should move to the sidelines and not buy stocks at this…
The Confirmed Up that we said was possible last Friday did, in fact, take place on Monday, January 5th, but the Price of the VVC/CA lost ground by week’s end, closing at $10.73. However, the RT, BSR and MTI are at levels not seen since July 2008, so hopefully, this is…