Energy and financial shares rose today on hopes for further enonomic stimulus from the central banks sending the TSX to a five-week high. With one green light and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the…
Yamana Gold’s bid for Extorre lifted the mining sector today sending the TSX to a higher close. With one green light and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should play the market with a bias to the…
The Price of the VVC/CA reversed its course for the fourth straight week, shedding $0.05 on a Friday-over-Friday basis to close at $15.29 per share, turning the Primary Wave back to Dn. Our other indicators, the RT, BSR and MTI, also fell and remain at low, over-sold levels. Therefore, with three…
Nervousness ahead of Greece’s upcoming election and a board shake up at RIM caused Canadian shares 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 up or down…
Despite a late rally today, European debt worries weighed on Canadian shares causing the TSX to close relatively flat. 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, the…
A rally amongst mining and financial shares and a deal for Bombardier helped Canadian equities rally today and close to the upside. Nevertheless, 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 up or…
Canadian shares fell for the third straight session today as the Spanish bank bailout raised fears that other European countries will need similar assistance. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market is moving higher.Aggressive Investors and Traders…
The Price of the VVC/CA reversed its course this week, gaining $0.14 per share from last Friday to close at $15.34 per share, turning the Primary Wave to Up. We need to see the Price of the VVC/CA move higher for one more week to give us a preliminary signal of…