Pessimistic comments from U.S. Federal Reserve Chairman Ben Bernanke and falling gold prices weighed on stocks today causing the Canadian the equities market to close sharply lower. With one red light and DnUp situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play…
Impressive U.S. Consumer Confidence data boosted investor sentiment today sending Canadian equities to a higher close. With two green lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market with a bias to the…
A warning from G20 officials about the affects of higher crude prices punished energy stocks today dragging the TSX to a lower close. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play…
The Price of the VVC/CA rose again this week gaining $0.26 per share from five trading days ago to close at $16.86 per share. The Price of the VVC/CA, now at a rally high, has gained $1.53 per share since the December 15th, 2011 low of $15.33 per share. Furthermore, our…
Uplifting U.S. jobs data boosted energy stocks today and the winning streak continued. With two green lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market with a bias to the upside. Today’s Derby…
Soaring gold prices lifted mining stocks today and the Canadian equities market closed to the upside. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market up or down as it…
A new bailout package for Greece boosted mining and oil stocks today and the Canadian equities market closed sharply higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market with…
The Price of the VVC/CA gained a measly $0.06 per share since last Friday to close at $16.58 per share turning the Primary Wave to Up. The RT was unchanged on a week-over-week basis, while the BSR rose and the MTI fell. This bearish divergence by the MTI suggests that downside…