Doubts about Europe’s efforts to deal with their debt crisis hindered resource stocks today and Canadian shares closed sharply 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.Today’s Derby Winners,…
News of Germany and France’s agreement to increase the euro zone rescue fund boosted morale today and Canadian shares 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 with…
Germany’s warning that the results of the European summit may not meet expectations caused commodity prices to crumble today and the TSX closed 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 higher…
The dreaded losing streak is over as the Price of the VVC/CA rose $0.39 per share from Thursday, October 6th, to $15.85 per share. The Price of the VVC/CA broke through our August 8th support level of $15.70 this week and our trusty Enhanced ProTrader Timing Graph is above 0.00, which…
Canadian shares closed sharply lower today as weak Chinese trade data and poor U.S. earnings reports caused global equity markets to retreat. 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…
New measures to tackle the European debt crisis boosted commodity prices today and the TSX closed 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…
Hopes that European leaders would take action to strengthen their banks led to broad-based gains today and the TSX closed sharply higher. 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…
Despite rising sharply since hitting a new support level of $14.80 on Tuesday, October 4th; the losing streak extended to five weeks as the Price of the VVC/CA fell $0.07 per share from last Friday to close at $15.29 per share. Our other indicators, the RT, BSR and MTI, were mixed….