Canadian equities closed higher today led by gains in mining and energy stocks. 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 with a bias…
Gains in financial and energy stocks were limited by renewed concerns over Europe’s debt crisis today causing the Canadian share market to end slightly higher. 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…
Despite comments from U.S. Federal Reserve Chairman Ben Bernanke weakening expectations of further economic easing today, Canadian equities managed to end higher led by gains in energy stocks. With one green light and an UpDn situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors…
Gains in energy shares were offset by losses in financial stocks today causing the Canadian equities market to end relatively flat. With one red light and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.Today’s…
The Price of the VVC/CA reversed its course this week, losing $0.17 per share from five trading days ago to end at $15.22 per share. Our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis and our MACD slipped into negative territory. Therefore, with three…
Chinese growth concerns and news that the U.S. Federal Reserve will not be taking action to further stimulate the economy caused Canadian shares to close sharply lower today. Therefore, with three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play…
Despite losses in major gold producer Goldcorp Inc., Canadian markets managed to end higher led by gains in energy shares. Nevertheless, with two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.Today’s…
Growing concerns of an economic slowdown in China punished mining and energy shares today sending Canadian equities lower. With one red light and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.Today’s Derby Winners, the…