Monthly Archive: August 2012

Daily Update Tuesday, August 21, 2012

Gains from gold miners helped Canadian equities close higher today boosted by reports that the European Central Bank may soon launch a bond-buying program. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the…

Daily Update Monday, August 20, 2012

The Canadian share market closed lower today as the European Central Bank gave mixed signals of its plan to resolve the region’s debt crisis. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only when the market is rising.Aggressive Investors and Traders should…

Weekly Newsletter Friday, August 17, 2012

The Price of the VVC/CA finally broke through the Wicked Wedge it had been trapped in since mid-May, gaining $0.18 per share from five trading days ago to end at $15.75 per share. Moreover, we received a Confirmed Up signal Thursday when we saw the Price of the VVC/CA move higher…

Daily Update Thursday, August 16, 2012

Expectations of further stimulus action helped the Canadian share market close higher today with added support from the mining sector. Therefore, with one green light and a C/Up situation Prudent Investors may buy stocks long when the market is rising.Aggressive Investors and Traders should play the market to the…

Daily Update Wednesday, August 15, 2012

Canadian shares closed higher today led by gains in the financial sector. Therefore, with one green light and an UpDn situation Prudent Investors may buy stocks long when the market is rising.Aggressive Investors and Traders should play the market with a bias to the upside.Today’s Derby Winners, the five…

Daily Update Tuesday, August 14, 2012

A jump in consumer spending helped the Canadian share market close higher today. Nevertheless, 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 develops.Today’s Derby Winners, the five Strategies with the…

Daily Update Monday, August 13, 2012

The release of weak Japanese data renewed fears of a global growth slowdown today causing Canadian equities to end lower. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market up…

Weekly Newsletter Friday, August 10, 2012

The Price of the VVC/CA reversed its course again this week, gaining $0.36 per share from five trading days ago to end at $15.57 per share. The price of the VVC/CA is moving steadily closer to the resistance level of $15.57 and, if it continues on its current path, will finally…