Monthly Archive: November 2012

Canada ETF Challenge Update:

After hitting a new resistance level of $15.938 on Friday, November 23rd, the Price of the VVC/CA has gained little ground this week, rising a measly $0.006 per share to close at $15.944 per share. Our other key indicators, the RT, BSR and MTI, were mixed and the RT Kicker Combo…

Daily Update Thursday, November 29, 2012

Impressive earnings from Royal Bank of Canada lifted financial shares today carrying the Canadian equities market to a higher close. With one green light and an UpDn situation Prudent Investors may buy stocks long if the market is rising.Aggressive Investors and Traders should play the market with a…

Daily Update Wednesday, November 28, 2012

Bank shares rose today on expectations of impressive earnings helping Canadian equities close slightly higher. However, with a mixed bag and an UpDn situation Prudent Investors should remain on the sidelines and not buy stocks at this time.Aggressive Investors and Traders should play the market up or down…

Daily Update Tuesday, November 27, 2012

U.S. fiscal concerns continued to weigh on mining and energy stocks today causing Canadian equities to close to the downside. With two red lights and an UpDn situation Prudent Investors should move to the sidelines not buy stocks at this time. Aggressive Investors and Traders should play the…

Daily Update Monday, November 26, 2012

Canadian shares edged lower today as concerns about emergency funding for Greece and the U.S. fiscal cliff dented market sentiment. However, 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…

Canada ETF Challenge Update:

After hitting a three-month low last Thursday, November 15th, the Price of the VVC/CA has since rebounded gaining a considerable $0.35 per share from last Friday to end at $15.94 per share. Our other key indicators, the RT, BSR and MTI, also made strong gains on a week-over-week basis. However, be…

Daily Update Thursday, November 22, 2012

Impressive gains from Research In Motion Ltd. helped Canadian shares close higher today. 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 it develops.Today’s Derby Winners,…

Daily Update Wednesday, November 21, 2012

The Canadian share market closed higher today led by gains in financial stocks. 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 or down as it develops.Today’s Derby…