The Canadian stock markets closed lower today as investors displayed concerns over the United States’ debt crisis. Therefore, with three red lights and a DnDn situation Prudent Investors should move to the sidelines.Aggressive Investors and Traders should play the market to the downside.Today’s Derby Winners, the five Strategies with…
The Price of the VVC/CA continued to move higher this week, gaining $0.01 per share from last Friday to close at $16.56 per share. However, our other key indicators, the RT, BSR and MTI, ended lower on a week-over-week basis. This Bearish divergence suggests that downside risk outweighs upside potential. Nevertheless,…
The Canadian stock markets closed marginally higher today as investors digested U.S. economic releases. However, with two red lights 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 with…
The TSX closed lower today as investors displayed concerns over the United States’ stimulus program. Therefore, with three yellow lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market up or down as it develops with a bias to the…
This color combination happens when the market is in a transition and/or a trading range. Today’s Canadian stock markets closed higher as gains in the financial and industrial sectors provided support. Therefore Prudent Investors should use caution if buying stocks at this time.Aggressive Investors and Traders should play the…
The TSX closed modestly higher today after the release of positive Chinese economic data. However, with two red lights and an UpUp situation Prudent Investors should move to 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 Price of the VVC/CA reversed its course once again this week, gaining $0.13 per share from last Friday to close at $16.55 per share. Our other key indicators, the RT and BSR, remained unchanged, while the MTI ended modestly higher on a week-over-week basis. Therefore, with the RT Kicker Combo…
The TSX ended slightly lower today as weakness in resource stocks outweighed strength in utilities. However, 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…