The Price of the VVC/CA shed another $0.52 per share from last Friday to close at $15.12 per share and is now approaching the October 4, 2011 support level at $14.80. If it falls below this level, look out. Our other indicators, the RT, BSR and MTI continued to slide. Therefore,…
Despite an impressive session by gold miners today, worries about Greece and Europe’s banks hindered financial shares causing Canadian equities to close relatively flat. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play the…
News that the European Central Bank ceased funding for some Greek banks caused financial shares to tumble today sending the TSX to a lower close. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors and Traders should play…
News that Greece will hold new elections caused sell-offs to continue today sending the Canadian equities market sharply lower. 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…
Political uncertainty in Greece and new bank regulations in China dented global growth prospects today sending the TSX to a 2012 low. 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 Price of the VVC/CA slid for the second straight week, falling $0.22 per share to close at $15.64 per share and the MACD continues to gain momentum to the downside. However, be mindful as our other key indicators, the RT, BSR and MTI, are at oversold, low levels not seen…
Encouraging U.S. jobs data lifted Canadian shares today and the losing streak came to an end. However, with three yellow 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,…
Political unrest in Greece continued to soften market sentiment today causing Canadian stocks to close slightly lower. 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,…