The Price of the VVC/CA fell sharply this week to close at $13.16 per share. The RT also declined since last Friday, losing 0.14 points to 1.05 indicating that the market has lost steam. The BSR has plummeted since hitting its resistance level of 1.64 on 10/20/09 and crossed below 1.00…
News that the U.S. economy grew in the the third quarter boosted Canadian shares today as the four session losing streak came to an end. 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…
Lower oil prices caused sharp losses in the energy sector and the TSX closed at its lowest level in nearly two months. With two 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…
Disappointing U.S. Consumer Confidence data and continued profit taking sent the TSX to a sharply lower close today. With one red light and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market with a…
Weakness in commodity stocks pushed Canadian equities to a lower close today. With three yellow lights, a DnUp situation and the presumption that stock prices will continue to fall tomorrow Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…
The Price of the VVC/CA reversed its course this week losing $0.03 to close at $13.69. Moreover, our other key indicators, the RT, BSR and MTI all followed suit. The RT hit a rally high of 1.22 on 09/18/09 and has since moved in a fairly tight range and ended the…
Optimistic comments from the Bank of Canada boosted the TSX and led stocks to close sharply higher today. With one green light and an UpUp situation Prudent Investors may now buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market with a bias…
Despite several positive U.S. earnings reports, late losses by mining stocks caused the TSX to close nearly 100 points lower today. With three yellow 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…