Monthly Archive: February 2009

Weekly Newsletter Friday, February 27, 2009

The Price of the VVC/CA rose $0.01 per share to $9.88. The Price of the VVC/CA fell for two consecutive weeks and crossed below its 65-day Moving Average and the MTI dipped below 1.00, giving us a C/Dn on Monday. The Primary Wave, however, is now Up and will likely hold…

Daily Update Thursday, February 26, 2009

Promising earnings reports by several banks and a strong day in the energy sector led the TSX to a higher close today. 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…

Daily Update Wednesday, February 25, 2009

A strong earnings report by TD Bank sparked financial stocks and sent the TSX 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…

Daily Update Tuesday, February 24, 2009

A reassuring address by U.S. Federal Reserve chairman Ben Bernanke helped Canadian shares climb into positive territory today. With two red 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 to the…

Daily Update Monday, February 23, 2009

Despite the pledge by the U.S. government to support their financial system, Canadian shares sunk in late trading and closed the day down. 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…

Weekly Newsletter Friday, February 20, 2009

The Price of the VVC/CA fell $0.66 to $9.87 this week and the MTI, BSR and RT all fell. The Price of the VVC/CA is currently $0.62 below last Friday’s price of $10.49, indicating the Primary Wave will likely remain Dn on Monday. Until the Primary Wave is Up, make some…

Daily Update Thursday, February 19, 2009

Despite a rather rough morning session, higher oil prices boosted energy stocks in afternoon trading and the Canadian equities market closed relatively flat. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should…

Daily Update Wednesday, February 18, 2009

Deep losses in the financial and energy sectors sent Canadian equities to a lower close today. With two red 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 to the downside.You may…