Monthly Archive: May 2010

Daily Update Thursday, May 6, 2010

A poor day on Wall Street and concerns surrounding the effectiveness of Greece’s bailout package sent Canadian shares further into negative 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…

Daily Update Wednesday, May 5, 2010

Tumbling commodity prices and more concerns about European debt sent the TSX further into negative territory today. 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 play the market to the downside.For…

Daily Update Tuesday, May 4, 2010

More European debt worries punished Canadian stocks today and the TSX fell over 160 points. 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 play the market to the downside.For those of…

Daily Update Monday, May 3, 2010

China’s move to increase banks’ reserves frightened investors and traders today and the TSX closed slightly lower. 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 bias…