Canadian equities closed lower today after better-than-expected U.S. housing and manufacturing data dimmed hopes that the U.S. Federal Reserve would announce any new stimulus actions at its policy meeting this week. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the…
Canadian shares closed flat today as investors are concerned that any new stimulus actions announced this week will not immediately be put into effect. Nevertheless, 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…
The Price of the VVC/CA continued to rise this week, gaining $0.09 per share from last Friday to end at $15.42 per share. Our other key indicators, the RT, BSR and MTI, also moved higher on a week-over-week basis. Therefore, with our MACD in positive territory, one green light and an…
Canadian equities ended sharply higher today after Europe’s Central Bank president, Mario Draghi, pledged to take all necessary measures to effectively resolve the region’s debt crisis. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market…
The Canadian equities market reversed early losses to close higher today as investors anticipate further monetary easing movements by the U.S. Federal Reserve and European Central Bank. Nevertheless, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the…
Positive earnings data from telecom leader Rogers Communications Inc. was overshadowed by Eurozone jitters today causing Canadian shares to close lower. Therefore, with three yellow lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market up or down as it…
Losses in the mining and financial sectors pushed Canadian equities lower today as bad news from Spain put further stress on Europe’s debt crisis situation. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders…
The Price of the VVC/CA reversed its course again this week, gaining $0.11 per share from last Friday to end at $15.33 per share. Our other key indicators, the RT, BSR and MTI, also moved higher on a week-over-week basis and our MACD slipped back into positive territory. Therefore, with three…