Monthly Archive: August 2016

Daily Update Wednesday, August 31, 2016

Falling oil prices sent the TSX to a lower close today. With two red lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market with a bias to the…

Daily Update Tuesday, August 30, 2016

Advancing banking and fertilizer stocks helped Canada’s main index close slightly higher today. However, the Price of the VVC/CA moved lower. With one red light and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and…

Daily Update Monday, August 29, 2016

Canadian shares ended higher today as banking and mining stocks provided support. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market as it develops.Today’s Derby…

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The Price of the VVC/CA moved lower for the second consecutive week, losing $0.04 per share to close at $19.35 per share, giving us a preliminary signal of a sustainable downtrend. Our other key indicators, the RT, BSR and MTI, also lost ground from five trading sessions ago. The next level…

Daily Update Thursday, August 25, 2016

Rebounding mining stocks helped the TSX end slightly higher today. With three yellow lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having…

Daily Update Wednesday, August 24, 2016

Declining resource stocks dented sentiment today and Canadian shares closed in the red. With two red lights and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market with a bias…

Daily Update Tuesday, August 23, 2016

Rallying banking stocks sent the TSX to a higher close today. With a mixed bag and an UpUp situation Prudent Investors may buy stocks long if the market is rising. Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners,…

Daily Update Monday, August 22, 2016

Canadian shares ended higher today as Couche-Tard Inc. led the charge. With one red light and a DnUp situation Prudent Investors should not buy stocks if the market is falling. Aggressive Investors and Traders should play the market as it develops with a…