Monthly Archive: July 2010

Daily Update Tuesday, July 20, 2010

Despite a pessimistic forecast from the Bank of Canada today, surging commodity shares caused the TSX to close 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…

Daily Update Monday, July 19, 2010

Lower gold prices and slumping financial shares caused the TSX to close the day in the red. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up or down…

Weekly Newsletter Friday, July 16, 2010

The Price of the VVC/CA managed to squeeze out a victory this week gaining $0.01 per share to close at $14.24 per share. The Price of the VVC/CA has now risen for two consecutive weeks giving us the preliminary signal of a sustainable uptrend. Our other indicators, the RT, BSR and…

Daily Update Thursday, July 15, 2010

News that BP capped the oil spill in the Gulf of Mexico caused Canadian shares to surge in afternoon trading and close to the upside. 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…

Daily Update Wednesday, July 14, 2010

Poor U.S. Retail Sales figures and pessimistic news from the U.S. Federal Reserve caused Canadian shares to close today’s session lower. However, 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 and Traders should…

Daily Update Tuesday, July 13, 2010

Higher commodity prices boosted resource stocks today and the TSX closed to the upside. 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 of you who…

Daily Update Monday, July 12, 2010

Canadian shares failed to find a direction today and closed relatively flat as investors and traders waited patiently for the beginning of the U.S. earnings season to begin. With three yellow lights and an UpDn situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long, but caution…

Weekly Newsletter Friday, July 9, 2010

The Price of the VVC/CA finished the week higher gaining $0.36 per share to close at $14.23 per share. The Price of the VVC/CA hit a new Support Level of $13.76 on Monday and has risen ever since. Our other indicators, the RT, BSR, and MTI, followed suit. Therefore, with three…