Monthly Archive: May 2010

Daily Update Monday, May 31, 2010

In a day of light trading, rising commodity prices boosted the TSX to a modestly higher close. 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 the upside.For those…

Weekly Newsletter Friday, May 28, 2010

The Price of the VVC/CA rose sharply this week gaining $0.38 per share to $14.40 per share. Our other indicators, the RT, BSR and MTI, have risen sharply since coming off of their May 20th support levels. Have we seen the bottom of this recent downturn? Our indicators certainly say so….

Daily Update Thursday, May 27, 2010

News that China would not dump EuroZone bonds boosted Canadian shares today and the TSX closed sharply higher. With three yellow lights and an UpDn situation Prudent Investors should get their shopping lists ready to go bargain hunting and bottom fishing in the event that the market moves higher…

Daily Update Wednesday, May 26, 2010

A strong quarterly update from the Bank of Montreal and surging energy stocks helped the TSX to rebound today and close sharply higher. 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…

Daily Update Tuesday, May 25, 2010

Buyers gobbled up bargains in afternoon trading today helping the TSX erase early losses and close 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 the market to…

Weekly Newsletter Friday, May 21, 2010

The Price of the VVC/CA reversed its course again this week losing $0.65 per share to close at $14.17 per share. All our other indicators, the RT, BSR and MTI, fell sharply on a week-over-week basis. With three yellow lights, a DnDn situation and the presumption that stock prices will resume…

Daily Update Thursday, May 20, 2010

Toronto equities ended sharply lower today as investors continued to worry about the effect that the weak EuroZone ecomonies could have on global markets. With three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.For…

Daily Update Wednesday, May 19, 2010

Toronto equities ended lower after a volatile session today plagued by weakness in gold stocks and worries over the German short selling ban. With three 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…