Here we go again. The Price of the VVC/CA reversed its course for the fourth consecutive week shedding $0.55 per share from last Friday to close at $17.34 per share and turning the Primary Wave to Dn. Our other indicators, the RT, BSR and MTI, followed suit. With debt woes dominating…
Despite firmer financial stocks today, poor performances by energy and material shares caused the Canadian equities market to close relatively flat. 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…
Commodity stocks crumbled today on U.S. debt worries and the TSX fell to a July low. 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…
Disappointing earnings updates and jitters surrounding the U.S. debt ceiling caused the TSX to plunge over 1% 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…
Nervousness about the U.S. debt limit and layoffs at RIM caused the TSX to close sharply lower today. With three yellow lights and an UpUp situation Prudent Investors should only buy stocks when the market is moving higher.Aggressive Investors and Traders should play the market up or down as…
The Price of the VVC/CA reversed its course this week gaining $0.26 per share to per share to close at $17.89 per share and turning the Primary Wave back to Up. The RT continues to surge while the MTI finally passed over 1.00 this week hinting that that long-term momentum is…
Banking and energy stocks rose on European debt relief hopes today and the TSX closed sharply higher. With one green light and an UpUp situation Prudent Investors may buy high VST-Vector, ‘B’ rated stocks long. Aggressive Investors and Traders should play the market to the upside.For those of you…
Firmer energy and banking shares helped the TSX squeeze out a victory today. 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 to…