Monthly Archive: October 2012

Daily Update Wednesday, October 31, 2012

A rise in commodity prices boosted the materials sector today sending Canadian equities to a higher close. 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 or down as…

Daily Update Tuesday, October 30, 2012

The Canadian stock market closed higher today in light volume trading led by gains in energy and financial shares. Therefore, 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…

Daily Update Monday, October 29, 2012

The Canadian share market closed relatively flat today after news that Hurricane Sandy led to the closing of all U.S. stock markets. With three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as…

Canada ETF Challenge Update:

The Price of the VVC/CA reversed its course again this week, losing $0.11 per share from last Friday to end at $16.04 per share. The Price of the VVC/CA continues to remain within the envelope of the Wicked Wedge it has been trapped in since mid-September. Furthermore, the GLB/RT Kicker is…

Daily Update Thursday, October 25, 2012

Promising global economic data and strong corporate figures from Goldcorp Inc. and Agnico Eagle Mines Inc. helped the Canadian share market close higher today. However, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up…

Daily Update Wednesday, October 24, 2012

The Canadian share market closed lower today dragged down by gold miners. With two red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to the downside.Today’s Derby Winners, the five Strategies with the highest 1-Day percent price…

Daily Update Tuesday, October 23, 2012

Poor U.S. earnings forecasts and a credit downgrade of five Spanish regions punished mining and energy stocks today sending Canadian equities sharply lower. Therefore, with three red lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market to the…

Daily Update Monday, October 22, 2012

The Canadian share market closed slightly lower today led by losses in the energy sector after news that a foreign bid for Progress Resources Corp was rejected by the government. However, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the…