Monthly Archive: May 2011

Daily Update Tuesday, May 31, 2011

Despite a promising earnings update from Scotiabank and higher oil prices, global economic worries stifled Canadian shares today and the TSX closed to the downside. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market moves higher.Aggressive Investors and Traders…

Daily Update Monday, May 30, 2011

Strong first-quarter gross domestic product data boosted stocks today and the TSX closed higher. With one green light and an UpDn situation Prudent Investors should buy stocks only when the market is rising.Aggressive Investors and Traders should play the market up or down as it develops with a bias…

Weekly Newsletter Friday, May 27, 2011

The Price of the VVC/CA rose for the second straight five-day trading period gaining $0.20 per share to end at $18.12 per share. Our other indicators, the RT, BSR and MTI, all closed the week higher. Are we in rally mode again? This market is known to correct itself very quickly…

Daily Update Thursday, May 26, 2011

Despite bad news in the banking sector today, a late rally helped the Canadian equities market 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 should play the market…

Daily Update Wednesday, May 25, 2011

Firmer energy and material stocks led the TSX to a three-week high 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 it develops…

Daily Update Tuesday, May 24, 2011

European debt concerns hindered financial stocks today and the TSX closed to the downside. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market moves higher.Aggressive Investors and Traders should play the market up or down as it develops with…

Weekly Newsletter Friday, May 20, 2011

To say this market has been choppy for the past few months would be an understatement. The Price of the VVC/CA has moved within a $1.02 range since the beginning of February. After falling Monday, the Price of the VVC/CA rose for four straight days and gained $0.23 per share on…

Daily Update Thursday, May 19, 2011

Despite slumping commodity prices, firmer resource shares helped the TSX notch a narrow win 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…