A report from the International Monetary Fund cutting its growth forecasts for the second time since April heightened global growth fears today sending Canadian equities sharply lower. Therefore, with three red lights and a DnUp situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play…
The Price of the VVC/CA reversed its course this week, gaining $0.09 per share from last Friday to end at $16.20 per share. However, our new indicator, the GLB/RT Kicker, shows that the 5-Day RT MA and the 25-Day RT MA have come together today, signaling caution. Our other indicators, the…
Encouraging comments from European Central Bank president Mario Draghi and an impressive showing in the U.S. labor market helped Canadian stocks close higher today. With one green light and an UpUp situation Prudent Investors may buy stocks long if the market moves higher.Aggressive Investors and Traders should play…
The Canadian share market closed lower today as concerns grew over China and Europe’s slowing economies. However, 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 the market up or down as…
The Canadian share market ended marginally higher in choppy trade today as uncertainty grew surrounding the likelihood of a Spanish bailout. 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 the market up…
Positive U.S. data helped send the Canadian share market to a higher close today. Therefore, 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 the market up or down as it develops with…