During a lackluster week of trading, the Price of the VVC/CA fell $0.03 per share from five trading days ago to end at $18.37 per share, while our other indicators, the RT, BSR and MTI, were mixed. With the Price of the VVC/CA trading in such a narrow range this week,…
Resource shares were mixed today causing the TSX to close the day relatively flat. With one red light and an UpDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down as it develops…
Despite a nervous start today, positive comments from the U.S. Federal Reserve helped Canadian shares rally in afternoon trading and close slightly higher. 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…
Despite more positive earnings updates today, commodity prices continued to fall and Canadian shares closed slightly lower. With one red light and an UpDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down…
Easing commodity prices hindered the gold and energy sectors today and the TSX closed to the downside. With two red lights and an UpDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down…
Just went you think you have the market figured it, it surprises you. The Price of the VVC/CA fell for two-consecutive trading weeks, dipped below its 65-day moving average and the MTI was below 1.00 on Monday, April 18th giving us a C/Dn signal. The Price of the VVC/CA then rose…
Positive earnings updates and rising oil and gold prices sent the TSX sharply higher today. 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 up or down as…
A solid earnings update from Teck Resources and record gold prices boosted mining shares today and the TSX rebounded. 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…