The Price of the VVC/CA fell for the third consecutive week shedding $0.34 per share to $13.74 per share. The Price of the VVC/CA fell for two consecutive trading weeks, dipped below its 65-day moving average and the MTI fell below 1.00 on Thursday giving us a C/Dn signal. The RT…
Disappointing news from fertilizer giant Potash Corp caused the TSX to close sharply lower today. 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 downside.For those of you who are “Riding…
Despite the U.S. Federal Reserve’s announcement that they would keep interest rates steady, the TSX could not overcome early losses and closed to the downside. 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…
Despite slumping oil and banking stocks, buoyant gold shares helped the TSX erase early losses and close today’s session relatively flat. 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…
Higher financial and energy stocks helped offset sharp losses in the mining sector today and the TSX closed relatively flat. However, with two red lights 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 Price of the VVC/CA fell again this week shedding $0.34 per share to $14.08. The Price of the VVC/CA has now fallen for two consecutive weeks giving us the preliminary signal of a sustainable downtrend. After matching its recent resistance level of 1.23 on Tuesday, January 19th, the RT has…
New economic concerns and tumbling commodity prices caused the TSX to close sharply lower today. With one red light 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 with a bias to the…
Tumbling commodity prices punished the TSX today and stocks closed to the downside. With three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases or simply move to the sidelines.Aggressive Investors and Traders should play the market up or down as it develops…