S&P’s warning to cut the U.S. debt rating rocked the TSX today and Canadian shares closed sharply lower. 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 downside.For those of you who…
The question remains, is the great rally over and are we headed towards a downturn? Signs, for now, point towards yes. The Price of the VVC/CA reversed its course on a Friday-over-Friday basis shedding $0.42 per share to $18.23 per share and turning the Primary Wave to Dn. We need to…
Lower base metal shares and profit taking caused the Canadian equities market to close to the downside today. With one red light 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…
Impressive sessions by energy and bank shares helped the TSX to rebound today. 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 a bias to…
A disappointing update from Alcoa and tumbling commodity prices caused Canadian shares to close sharply lower today. 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 play the market to the downside.For…
Weak energy and materials stocks led a broad-based decline in Canadian issues today and the TSX plummeted more than 200 points. With two red lights and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market to the downside.For those of you…
The Price of the VVC/CA gained another $0.20 per share on a Friday-over-Friday basis to close at $18.65 per share. All of our other indicators, the RT, BSR and MTI have made substantial gains this week. With all signs pointing upward and two green lights and an UpUp situation Prudent Investors…
News of another earthquake in Japan, continued unrest in the Middle East and higher oil prices caused investors to take profits and Canadian equities closed the day lower. With three yellow lights and an UpUp situation Prudent Investors should only buy stocks when the market is moving higher.Aggressive Investors…