Monthly Archive: January 2013

Daily Update Thursday, January 31, 2013

Falling resource stocks sent the Canadian stock markets to a lower close today. Therefore, 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 Strategies with the…

Daily Update Wednesday, January 30, 2013

The U.S. Federal Reserve’s decision to leave the stimulus program intact caused the Canadian equities markets to close in negative territory today. 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…

Daily Update Tuesday, January 29, 2013

Strong buying in gold stocks led Canadian stock markets to a higher close today. Therefore, with one green light and as UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market with a bias to the upside.Today’s Derby Winners, the five…

Daily Update Monday, January 28, 2013

The TSX ended slightly lower today as gains in financial stocks were outweighed by a loss in Research In Motion. 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…

Weekly Newsletter Friday, January 25, 2013

The Price of the VVC/CA continued to move higher this week, gaining $0.06 per share from last Friday to close at $16.60 per share. Two of our other key indicators, the RT and BSR, moved lower. This is a Bearish divergence which typically indicates the downside risk outweighs upside potential. Moreover,…

Daily Update Thursday, January 24, 2013

Positive U.S. economic data lifted the TSX to a higher close today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market with a bias to the upside.Today’s Derby Winners, the five Strategies with…

Daily Update Wednesday, January 23, 2013

Weakness in gold stocks pulled the TSX into negative territory today. However, with three yellow lights and an UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the upside.Today’s Derby…

Daily Update Tuesday, January 22, 2013

Strong buying in materials stocks led the TSX to a higher close today. Therefore, with one green light and an UpUp situation Prudent Investors may buy stocks long on up days.Aggressive Investors and Traders should play the market with a bias to the upside.Today’s Derby Winners, the five Strategies…