Gains in energy and mining shares helped the Canadian stock market close higher today. 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…
The release of strong numbers from Canada’s largest telecom player BCE Inc. was overshadowed by losses in the energy and financial sectors today causing the Canadian equities market to end lower. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the…
Canadian equities closed higher today led by energy and mining shares as investors are optimistic that the European Central Bank will take the necessary steps to resolve the region’s debt situation. With one green light and an UpDn situation Prudent Investors may buy stocks long when the market is…
The Price of the VVC/CA reversed its course this week, losing $0.07 per share from last Friday to end at $15.35 per share. With our other key indicators, the RT, BSR and MTI, moving in different directions this week, it’s hard to tell where this market is headed. Will the Price…
Canadian shares ended today’s session sharply lower after European Central Bank Chief Mario Draghi indicated there would be no immediate action taken to restore the euro. Therefore, with two red lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the…
Weak global manufacturing data and a lack of action taken by the U.S. and European central banks to further stimulate the economy caused Canadian shares to close lower today. Nevertheless, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only when the market is…