Monthly Archive: December 2009

Daily Update Thursday, December 17, 2009

Tumbling commodity prices punished Canadian shares today and the TSX closed over 100 points lower. However, with three yellow lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive Investors and Traders should play the market up or down as…

Daily Update Wednesday, December 16, 2009

The U.S. Federal Reserve’s decision to keep interest rates steady helped the TSX to cling to early gains and close to the upside. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long.Aggressive Investors and Traders should play the market to…

Daily Update Tuesday, December 15, 2009

Despite a buoyant energy sector, Canadian shares dipped in and out of positive territory today and closed relatively flat. However, with one green light and an UpDn 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 Monday, December 14, 2009

Exxon Mobil’s acquisition of XTO Energy boosted energy stocks today and the TSX closed to the upside. With one green light and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing if the market continues to move higher tomorrow. Aggressive Investors and Traders should play the…

Weekly Newsletter Friday, December 11, 2009

The Price of the VVC/CA fell this week losing $0.07 per share to close at $13.79 per share. It is now dangerously close to its 65-day moving average which, historically, has been an early warning of a sharp downturn. The RT lost some momentum shedding 0.04 points to close at 1.03….

Daily Update Thursday, December 10, 2009

Stellar performances by mining and energy stocks 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 play the market up or down as…

Daily Update Wednesday, December 9, 2009

Despite a rocky session by financial and energy stocks, a late rally helped the TSX close slightly higher today. However, with one red light 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…

Daily Update Tuesday, December 8, 2009

Lower commodity prices and a pessimistic earnings update from Scotiabank caused Canadian shares to close to the downside today. With one red light and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market to…