Monthly Archive: May 2012

Daily Update Tuesday, May 8, 2012

The new Grecian regime’s threat to make changes to the country’s bailout terms punished financial and resource stocks today sending the Canadian equities market further into bear market territory. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time. Aggressive Investors…

Daily Update Monday, May 7, 2012

Political uncertainity in Europe raised concerns about the region’s ability to tackle their debt issues today causing Canadian shares to close slightly 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…

Weekly Newsletter Friday, May 4, 2012

The Price of the VVC/CA reversed its course this week, declining $0.30 per share to close at a near four-month low of $15.86 per share, turning the Primary Wave back to Dn. Almost half the gains from the 10/04/11 bottom have now been wiped away. Our other key indicators, the RT,…

Daily Update Thursday, May 3, 2012

More pessimistic data out of the U.S. heightened global economic fears today and the TSX tumbled. With one red light DnDn situation Prudent Investors should move to the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market to the downside. Today’s…

Daily Update Wednesday, May 2, 2012

Weak manufacturing data from across the globe and poor U.S. jobs data caused the five-session rally to come to an end today. 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…

Daily Update Tuesday, May 1, 2012

Strong U.S. and Canadian manufacturing data boosted resource stocks today and the TSX closed 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 as…