Monthly Archive: June 2011

Daily Update Monday, June 20, 2011

Despite lingering concerns about Greece’s debt crisis today, investors stepped in to pick up financial and material stocks and the TSX rebounded. Nevertheless, 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…

Weekly Newsletter Friday, June 17, 2011

The Price of the VVC/CA lost $0.28 per share from five trading days ago to close at $17.00 per share, its third consecutive weekly loss. Moreover, our other key indicators, the RT, BSR and MTI are at lows not seen since the July 5, 2010 bottom. With our indicators at these…

Daily Update Thursday, June 16, 2011

Greek fears continued to escalate and metal prices plummeted sending the TSX to a near 7-month low. 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 Wednesday, June 15, 2011

Escalating fears over Greek debt and weak U.S. economic data pushed Canadian equities sharply lower today. 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 “Riding…

Daily Update Tuesday, June 14, 2011

Upbeat economic data boosted investor sentiment today and Canadian stocks ended the sharply higher. Nevertheless, 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…

Daily Update Monday, June 13, 2011

Commodity stocks fell today on global economic concerns 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 “Riding the Wave”,…

Weekly Newsletter Friday, June 10, 2011

After all the talk, after all the speculation, are we finally in for a lengthy downturn? The proof is in the pudding. The Price of the VVC/CA fell for the second consecutive five-day trading period losing $0.53 per share to close at $17.28 per share. This is the first time since…

Daily Update Thursday, June 9, 2011

Surging oil prices and easing global economic fears brought investors back to the market today and the TSX closed to the upside. However, 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…