Monthly Archive: July 2011

Daily Update Tuesday, July 19, 2011

Strong earnings and housing data out of the U.S. boosted Canadian shares to a higher close 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…

Daily Update Monday, July 18, 2011

Debt problems in Europe and the U.S. continued to hurt market sentiment today and the TSX closed to the downside. 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…

Weekly Newsletter Friday, July 15, 2011

After moving higher for three consecutive five-day trading periods, the winning streak came to an end as the Price of the VVC/CA fell a modest $0.03 per share from last Friday to close at $17.63 per share, turning the Primary Wave to Dn. However, while the Price of the VVC/CA and…

Daily Update Thursday, July 14, 2011

Hints that the U.S. may not take more action to ease monetary policy hindered the TSX today and Canadian shares closed to the downside. 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…

Daily Update Wednesday, July 13, 2011

Strong data out of China and the prospects of more U.S. stimulus drove Canadian shares to a higher close 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…

Daily Update Tuesday, July 12, 2011

Euro zone debt worries buoyed gold stocks today and the Canadian equities market 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 play the market up or…

Daily Update Monday, July 11, 2011

Lingering global economic worries sent the TSX sharply lower today. 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 the downside.For those of you…

Weekly Newsletter Friday, July 8, 2011

This rally just might have legs after all. The Price of the VVC/CA advanced for the third straight week, gaining $0.15 per share from Thursday, June 30th to close at $17.66 per share. The BSR, aka the Canary, finally broke out of its channel this week as investors re-entered the market….