Monthly Archive: March 2011

Daily Update Monday, March 21, 2011

Rising oil and gold prices helped the TSX close sharply higher today. 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 as it develops with a…

Weekly Newsletter Friday, March 18, 2011

To say this week was a roller coaster ride would be an understatement. The Price of the VVC/CA fell for two consecutive five-day trading weeks, fell below its 65-day moving average and the MTI dipped below 1.00 Monday, March 14th, giving us a C/Dn signal. By Thursday, however, the Primary Wave…

Daily Update Thursday, March 17, 2011

Buoyant commodity and oil shares helped the TSX rebound today and the three-day losing streak came to an end. With one green light and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing if the market moves higher tomorrow.Aggressive Investors and Traders should play the market…

Daily Update Wednesday, March 16, 2011

Pessimistic comments from the European Union energy chief about Japan’s nuclear crisis hindered the TSX in afternoon trading today and caused Canadian shares to close to the downside. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should…

Daily Update Tuesday, March 15, 2011

Fear surrounding a nuclear leak in Japan led to sell-offs today and the TSX closed sharply lower. 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…

Daily Update Monday, March 14, 2011

Worries surrounding the impact of the devastation in Japan hit the energy, insurance and mining sectors causing Canadian equities to close lower today. With three red lights and a C/Dn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to the…

Weekly Newsletter Friday, March 11, 2011

The Price of the VVC/CA reversed its course this week, losing $0.69 per share since last Friday to close at $17.91 per share and turning the Primary Wave to Dn. We will need to see the Price of the VVC/CA move lower for one more week to give us a preliminary…

Daily Update Thursday, March 10, 2011

A disappointing trade deficit report from China and a Spanish debt downgrade caused the TSX to suffer its biggest loss in seven months. 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…