Monthly Archive: June 2011

Daily Update Wednesday, June 8, 2011

Mounting global economic fears continued to weaken the TSX today and Canadian shares closed to the downside. 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…

Daily Update Tuesday, June 7, 2011

Despite optimistic comments from U.S. Federal Reserve Chairman Ben Bernanke today, falling mining and financial stocks caused the TSX to close moderately 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…

Daily Update Monday, June 6, 2011

Lower oil prices and signs of a U.S. economic slowdown pushed Canadian stocks sharply lower today. With two red lights 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 of you…

Weekly Newsletter Friday, June 3, 2011

After rising for two consecutive five-day trading periods, the Price of the VVC/CA reversed its course this week and moved $0.31 per share lower to close at $17.81 per share. Our other key indicators, the RT, BSR and MTI, also took it on the chin this week. We now have two…

Daily Update Thursday, June 2, 2011

Investors remained cautious today ahead of the U.S. government’s employment report tomorrow and the TSX closed slightly lower. 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…

Daily Update Wednesday, June 1, 2011

Disappointing U.S. economic data punished the TSX today and Canadian shares closed sharply lower. With three yellow lights and a DnDn 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 as it develops…