Energy shares got a boost from firmer American natural gas prices today sending the Canadian equities market to a higher close. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market…
The Price of the VVC/CA rose again this week gaining $0.08 per share from last Friday to close at $16.16 per share, giving us the preliminary signal of a sustainable uptrend. Furthermore, the first green light since March 21, 2012 appeared in the Price column today. The RT was unchanged on…
Firmer energy prices lifted oil shares today helping the Canadian equities market close in positive territory. 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…
Better-than-expected earnings from Apple and the U.S. Federal Reserve’s pledge to do more to stimulate the economy if needed boosted Canadian stocks today and the TSX closed to the upside. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy…
Despite uplifting earnings reports out of the U.S. today, resource shares slumped causing the Canadian equities market to close moderately 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….
Political unrest in France and the Neitherlands heightened European debt worries today causing Canadian stocks to tumble to a sharply lower close. 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…
The losing streak came to an end this week as the Price of the VVC/CA nudged higher by $0.02 per share from last Friday to close at $16.08 per share, turning the Primary Wave to Up. The RT and BSR fell, while the MTI remained unchanged. This bearish divergence by between…
Canadian stocks closed a rather choppy session slightly higher as a succesful Spanish bond auction lifted sentiment. However, with one red light 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,…