Worrisome economic news out of China punished commodity prices today and Canadian stocks fell further into negative territory. 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,…
Tumbling gold stocks and a rough session for Potash Corp caused the TSX to close to the downside today. With three 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…
Despite a late-week rally, the Price of the VVC/CA declined again this week, shedding $0.05 per share from last Friday to close at $16.58 per share. Our other indicators, the RT, BSR and MTI, also fell. The MACD is negative, but is gaining some steam. Therefore, with three yellow lights, a…
Several uplifiting economic reports from the U.S. boosted Canadian shares to a higher close today. However, with three yellow lights and a DnDn situation Prudent Investors remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market up or down…
Easing gold prices punished mining stocks today sending the Canadian equities market firmly into negative territory. Although the Primary Wave is Up, the Price of the VVC/CA is already $0.09 below last Thursday’s price, confirming today’s red light activity. Therefore Prudent Investors should not buy stocks at this…
Reassuring comments from the U.S. Federal Reserve about global economic recovery boosted market sentiniment today and the TSX closed sharply higher. With one green light and an UpDn situation Prudent Investors may buy rising stocks in a rising market. Aggressive Investors and Traders should play the market to…
Worrisome Chinese trade data hindered mining and energy shares today and the Canadian equities market closed to the downside. 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…
Despite a late-week rally, the Price of the VVC/CA fell again this week, shedding $0.15 per share from last Friday to close at $16.63 per share. Our other indicators, the RT, BSR and MTI, also fell. The MACD is negative, but is gaining some steam. Therefore, with three yellow lights, a…