Lingering European debt worries hindered commodity prices today sending the TSX sharply lower. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing only if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up or down as it…
The Price of the VVC/CA reversed its course this week rising $0.69 per share from last Friday to close at $16.41 per share. The RT and BSR continue to rise and the MTI, our long-term indicator, is now above 1.00 signaling that a C/Up signal could be near. Therefore, with one…
Optimism surrounding a new European debt deal sent Canadian shares to a one-month high today. With three yellow lights and an UpUp situation Prudent Investors should buy stocks only when the market is moving higher. Aggressive Investors and Traders should play the market up or down as it…
Positive U.S. earnings releases helped Canadian shares rally in afternoon trading today and close to the upside. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing only if the market moves higher tomorrow.Aggressive Investors and Traders should play the market up…
Pessimistic comments from the Bank of Canada and uncertainty surrounding the European debt plan caused Canadian shares to close sharply lower today. With three yellow lights and an UpDn situation Prudent Investors may go bargain hunting and bottom fishing only if the market moves higher tomorrow.Aggressive Investors and Traders…
News that European leaders would unveil a plan to deal with their debt woes by mid-week boosted resource shares 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…
The Price of the VVC/CA returned to its losing ways this week falling $0.13 per share to $15.72 per share and turning the Primary Wave to Dn. However, the BSR, aka “The Canary”, moved higher on a weekly basis. This bullish divergence suggests that upside potential outweighs downside risk. Nevertheless, with…
Despite news that euro zone leaders would hold a second summit to combat their debt crisis, investors dumped gold stocks today sending the TSX slightly lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…