Monthly Archive: August 2010

Daily Update Thursday, August 19, 2010

Weak U.S. Jobless Claims and Canadian Wholesale Trade data sent the TSX lower today. However, with one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market to the upside.For those of you…

Daily Update Wednesday, August 18, 2010

Buoyant gold stocks and another impressive day in the mining sector helped Canadian shares close to the upside. With two green lights and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market to the upside.For those…

Daily Update Tuesday, August 17, 2010

BHP Billiton’s bid for resource giant PotashCorp boosted Canadian shares today and the TSX soared over 170 points. However, with three yellow lights and a DnUp situation Prudent Investors should use caution when making new purchases or simply remain on the sidelines.Aggressive Investors and Traders should play the market…

Daily Update Monday, August 16, 2010

Despite disappointing U.S. and Japanese economic growth updates, gold stocks shined today helping the TSX 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 down as…

Weekly Newsletter Friday, August 13, 2010

The Price of the VVC/CA shed $0.18 per share this week to close at $14.56 per share bringing the winning streak to the end. It has now fallen sharply after hitting a near three-month high of $14.82 per share on Tuesday. Our other indicators, the RT, BSR and MTI, followed suit….

Daily Update Thursday, August 12, 2010

An unexpected rise in U.S. jobless insurance claims hindered financial and energy shares today and the TSX fell further into negative territory. 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…

Daily Update Wednesday, August 11, 2010

Renewed concerns about the pace of the global economic rebound rocked Canadian shares today and the TSX shed over 250 points. With two red lights and a DnUp situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Tuesday, August 10, 2010

News that the U.S. Federal Reserve would take steps to stimulate economic recovery helped Canadian shares recover from early losses today and close moderately lower. However, advances outweighed declines and the Price of the VVC/CA closed slightly higher. With one green light and an UpUp situation Prudent Investors…