Despite news that the economy shrunk in the second quarter, financials rose on a strong earnings update from CIBC and the Canadian equities market closed higher. With one green light and an UpDn situation Prudent Investors should buy stocks only when the market is rising.Aggressive Investors and Traders should…
Gold prices rallied today helping Canadian shares close to the upside. 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 the upside.For…
Promising U.S. consumer confidence data boosted market morale today and the TSX closed sharply higher. 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…
Despite falling for three out of five sessions, the Price of the VVC/CA rose $0.24 per share since last Friday to close a $16.32 per share and turning the Primary Wave to Up. Our other indicators, the RT, BSR and MTI, followed suit. Therefore, with three yellow lights and an UpDn…
Doubts grew today that the U.S. Federal Reserve would take more steps to stimulate the economy causing the TSX to close to the downside. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing only if the market moves sharply higher tomorrow.Aggressive…
Profit-taking took its toll on gold stocks today and Canadian shares closed slightly lower. 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 to the downside.For those of you who are “Riding the Wave”,…
Strong earnings from Bank of Montreal and optimistic manufacturing data out of China led Canadian shares to a higher close. With three yellow lights and a DnDn situation Prudent Investors may go bargain hunting and bottom fishing provided that the market moves higher tomorrow.Aggressive Investors and Traders should play…
Gold stocks soared today on record bullion prices and the TSX closed moderately higher. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines until we see the Primary wave switch to Up.Aggressive Investors and Traders should play the market up or down…