The Canadian stock markets closed in negative territory today as investors awaited the outcome of the U.S. Federal Reserve meeting. Therefore, 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 to the downside.Today’s…
The TSX closed in Bull market territory today after the release of positive European economic data. However, 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 Price of the VVC/CA moved lower for the third consecutive week, losing $0.15 per share from last Friday to close at $17.00 per share. Our other key indicators, the RT, BSR and MTI, also ended lower on a week-over-week basis. Therefore, with the MACD and our key indicators continuing to…
Positive U.S. economic data caused concerns that the Federal Reserve may soon begin to scale back the bond buying program sending Candian stocks lower today. Therefore, with three red lights and a DnDn situation Prudent Investors should remain on the sidelines.Aggressive Investors and Traders should play the market to…
A budget agreement in the United States caused investors to fear the U.S. stimulus program may soon taper off sending Canadian equities 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…
Strength in gold mining equities lifted the Canadian stock markets to a higher close today. Therefore, with three yellow lights and an UpDn situation Prudent Investors should get their shopping lists ready to buy stocks long if the market moves higher tomorrow.Aggressive Investors and Traders should play the market…
Positive Chinese economic data lifted the TSX into Bull market territory today. However, 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 downside.Today’s Derby Winners,…
The Price of the VVC/CA continued to move lower this week, losing $0.13 per share from last Friday to close at $17.15 per share, giving us the preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, also ended lower on a week-over-week basis. With all…