The Price of the VVC/CA reversed its course yet again this week, gaining $0.18 per share from last Friday to end at $16.15 per share. However, the Price of the VVC/CA still remains within the envelope of the Wicked Wedge it has been caught in for over a month. Furthermore, the…
Canadian stocks managed to close marginally higher today as gains from energy producer Encana Corp were offset by losses in gold miners. With one green light and an UpUp situation Prudent Investors may buy stocks long only if the market moves higher.Aggressive Investors and Traders should play the…
News that Exxon Mobil will be purchasing Celtic Exploration sparked a rally in energy shares today helping Canadian equities close higher. With three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market moves higher.Aggressive Investors and Traders should play the market…
The Canadian share market closed sharply higher today as the release of better-than-expected U.S. earnings figures lifted investors’ spirits. Therefore, with three yellow lights and an UpDn situation Prudent Investors may buy stocks long only if the market moves higher.Aggressive Investors and Traders should play the market up…
The Canadian share market bounced back from early losses to end higher today as bank stocks rallied on positive U.S. earnings and economic data. However, with one red light and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market with…
The Price of the VVC/CA reversed its course again this week, losing $0.25 per share from five trading days ago to end at $15.97 per share. Our new indicator, the GLB/RT Kicker, displayed warning signs last week that the market was losing steam. Since then, the market has fallen and the…
The release of positive U.S. employment data helped Canadian shares end slightly higher today. However, 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 Derby Winners, the five Strategies…
Canadian shares ended lower today as investors received mixed signals from U.S. earnings reports. With three 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…