Monthly Archive: January 2009

Daily Update Thursday, January 8, 2009

A late day rally in energy and financial stocks pushed Canadian equities 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 and bottom-fishing.Aggressive Investors and Traders should play the market…

Daily Update Wednesday, January 7, 2009

Negative earnings and economic news combined with falling oil prices to push the TSX more than 350 points lower. With three yellow lights, an UpUp situation and the presumption that stock prices will rebound tomorrow Prudent Investors may continue to go bargain hunting and bottom-fishing, but caution is advised.Aggressive…

Daily Update Tuesday, January 6, 2009

Strength in financial and commodity stocks led the TSX to its sixth consecutive higher close today. With two green lights, a C/Up situation and the presumption that stock prices will continue to move higher tomorrow Prudent Investors may continue to go bargain hunting and bottom-fishing.Aggressive Investors and Traders should…

Daily Update Monday, January 5, 2009

Strength in energy, financial and base metals stocks powered Canadian equities to a higher close today. With one green light, an UpUp situation and the presumption that stock prices will continue to move higher on Tuesday Prudent Investors may continue to go bargain hunting and bottom-fishing.Aggressive Investors and Traders…

Weekly Newsletter Friday, January 2, 2009

The Price of the VVC/CA reversed its course again and began moving higher this week ending at $10.77. The bullish divergence that was mentioned last week seems to be coming to fruition. Also, the Price of the VVC/CA is quickly approaching it 65-day Moving Average which means we could see a…