Monthly Archive: May 2011

Daily Update Wednesday, May 18, 2011

Investors gobbled up bargains today helping the TSX to rebound sharply. 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 bias…

Daily Update Tuesday, May 17, 2011

Despite more pessimistic data out of the U.S., higher mining and financial shares helped the TSX close the day to the upside. However, 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…

Daily Update Monday, May 16, 2011

Despite a strong day in the mining sector, demand concerns punished energy shares and the TSX closed relatively flat. 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…

Weekly Newsletter Friday, May 13, 2011

Is this the beginning of the lengthy downturn that we have talked about over the past two months? Our indicators are telling us that maybe, just maybe we’ll have to wait for confirmation. After a Monday rally, the Price of the VVC/CA fell for three straight days. On a Friday-over-Friday basis,…

Daily Update Thursday, May 12, 2011

Despite an afternoon rally today, slumping resource shares sent the TSX to a lower close. With one red light 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 with a bias to the…

Daily Update Wednesday, May 11, 2011

Data showing China’s economy is slowing caused investors to dump resource shares today and the Canadian equities market closed sharply lower. 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…

Daily Update Tuesday, May 10, 2011

Despite Chinese economic data lifting commodity prices today, investors refused to pick up resource shares and the TSX closed to the downside. With one red light and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play…

Daily Update Monday, May 9, 2011

Commodity prices rallied today helping the TSX to rebound sharply. With three yellow 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 up or down as it develops with a bias to…