The Price of the VVC/CA continued to fall this week, losing $0.06 per share from last Friday to end at $16.11 per share. Despite the Price of the VVC/CA making gains late in the week, the RT was relatively unchanged; indicating that the trend of the market remained stagnant. Our other…
Recent moves by China’s central bank injecting cash into money markets lifted investors’ spirits today sending Canadian shares higher. However, with three yellow lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops.Today’s Derby…
Canadian equities ended today’s session lower as a drop in crude prices weakened oil and gas shares. With two red lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with a bias to the downside.Today’s Derby Winners, the five…
The Canadian share market closed lower today led by losses in energy, materials and financial stocks as worries continued to grow over the status of the global economy. With three red lights and a DnUp situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the…
A drop in commodity prices punished resource shares today sending Canadian equities to a lower close. Therefore, with two red lights and a DnUp 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 five…
The Price of the VVC/CA reversed its course this week, losing $0.07 per share from last Friday to end at $16.17 per share. Our other key indicators, the BSR and MTI have lost some momentum since last week’s rally ending lower on a week-over-week basis, while the RT has hovered just…
The release of poor growth data from the world’s major economies punished industrial and mining stocks today causing Canadian equities to end lower. Nevertheless, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher.Aggressive Investors and Traders should play…
Further losses in the energy sector were offset by gains in gold mining and bank stocks today and Canadian equities closed slightly higher. With two green lights and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the market…