Monthly Archive: June 2010

Daily Update Wednesday, June 30, 2010

Despite mixed economic reports, Canadian shares broke the losing streak today and closed to the upside. However, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops with…

Daily Update Tuesday, June 29, 2010

Several poor economic reports rattled investors and traders today and the TSX dropped nearly 3%. With three red lights and a DnDn 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 the…

Daily Update Monday, June 28, 2010

Weaker commodity prices punished Canadian shares today and the TSX closed sharply lower. 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 with a bias to the downside.For those…

Weekly Newsletter Friday, June 25, 2010

The Price of the VVC/CA fell this week losing $0.19 per share to close at $14.39 per share. Moreover, our other indicators, the RT, BSR and MTI, began to move lower as well. Therefore, with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this…

Daily Update Thursday, June 24, 2010

Contiued worry about Europe’s debt and the global economic recovery plagued Canadian shares today causing them to end sharply lower. 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…

Daily Update Wednesday, June 23, 2010

Despite several downtrodden economic reports today, Canadian shares advanced in afternoon trading and closed the day in positive territory. 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, June 22, 2010

A pessimistic U.S. Home Sales report rocked Canadian shares today and the TSX closed sharply lower. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.For those of…

Daily Update Monday, June 21, 2010

Despite a wave of afternoon profit taking, China’s promise to make the yuan more flexible boosted commodity shares today and the TSX closed slightly higher. With three yellow lights and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution is advised.Aggressive Investors…