Monthly Archive: May 2012

Daily Update Thursday, May 31, 2012

Impressive earnings releases in the banking sector lifted financial shares today and the Canadian equities market closed higher. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market…

Daily Update Wednesday, May 30, 2012

Global growth fears grew today causing energy and mining shares to tumble and sending the TSX firmly into the red. With two red lights and a DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the…

Daily Update Tuesday, May 29, 2012

Despite a late slide by gold stocks today, Canadian shares closed slightly higher on rising commodity prices and promising earnings from Scotiabank. 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 with…

Daily Update Monday, May 28, 2012

Concerns over Spain’s banking sector offsett gains from the energy sector causing the TSX to close slightly lower. However, 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 up or…

Weekly Newsletter Friday, May 25, 2012

The losing streak came to an end this week as the Price of the VVC/CA gained $0.29 per share to close at $15.41 per share, turning the Primary Wave to Up. We’ll need to see the Price of the VVC/CA rise on a week-over-week basis for one more week to give…

Daily Update Thursday, May 24, 2012

Gold shares continued to rally today helping the Canadian equities market notch a narrow victory. 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 up or down as it develops.Today’s…

Daily Update Wednesday, May 23, 2012

Bouyant mining shares helped the Canadian equities market rally in afternoon trading today and close to the upside. 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 up or down…

Daily Update Tuesday, May 22, 2012

Improved global growth prospects boosted financial and resource shares today sending the TSX sharply higher. With three yellow lights, a DnDn situation and the Price of the VVC/CA already $0.06 above May 15th’s price of $16.21 per share Prudent Investors should have their shopping lists ready to buy…