Monthly Archive: February 2013

Daily Update Thursday, February 28, 2013

The Canadian stock markets were led to a higher close today by strong earnings from Canada’s top banks. With three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready and only buy stocks long if the market moves sharply higher. Aggressive Investors and Traders…

Daily Update Wednesday, February 27, 2013

Strong U.S. data and Federal Reserve Chairman Ben Bernanke once again defending the stimulus policy caused the TSX to close in Bull market territory today. Therefore, with one green light and an UpDn situation Prudent Investors should get their shopping lists ready and only buy stocks if the market…

Daily Update Tuesday, February 26, 2013

The TSX closed higher today led by gold shares after the U.S. Federal Reserve Chairman Ben Bernanke defended the U.S. central bank’s stimulus. 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…

Daily Update Monday, February 25, 2013

The likely outcome of the Italian election hindered investor sentiment and sent Canadian stock markets to a lower close today. Therefore, 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…

Weekly Newsletter Friday, February 22, 2013

The Price of the VVC/CA continued to lose ground this week, falling $0.05 per share from five trading days ago to close at $16.48 per share. Our other key indicators, the RT, BSR and MTI, also moved lower on a week-over-week basis. With the RT Kicker Combo neutral, three yellow lights…

Daily Update Thursday, February 21, 2013

The rise in U.S. jobless claims and weak Euro Zone economic data sent the TSX to a lower close today. Therefore, 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…

Daily Update Wednesday, February 20, 2013

Canadian stock markets closed sharply lower today after the U.S. Federal Reserve determined it may slow or stop its bond buying program. Therefore, 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…

Daily Update Tuesday, February 19, 2013

The TSX closed higher today as investors became more confident after seeing German economic sentiment beat expectations. With one green light and an UpDn situation Prudent Investors should get their shopping lists ready to buy stocks should the market move higher again tomorrow.Aggressive Investors and Traders should play the…