Monthly Archive: December 2017

This Market Looks Suspicious.

section of the U.S. Views, “Although today’s Top Five Derby Winners were all Bullish, this market looks suspicious to me.” Glenn Tompkins’ (SOTW) video presentation that Friday was ominously titled, “How to Spot Signs of Danger in the Market.” He said, “The market does not seem to…

Daily Update Thursday, December 14, 2017

Canadian equities moved lower today as Valeant Pharmaceuticals led the decline. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having ten-stock portfolios, the five Searches…

Daily Update Wednesday, December 13, 2017

Gains from gold miners and railroads helped the TSX pick up a modest win today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having ten-stock…

Daily Update Tuesday, December 12, 2017

Gains from healthcare and consumer staples outweighed declines from gold miners today. With one green light 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 with a bias to the upside.Today’s Derby Winners,…

Daily Update Monday, December 11, 2017

Rising oil prices and improvement from bank stocks helped Canadian shares improve today. With three yellow lights and an UpUp situation Prudent Investors may buy stocks long only if the market is rising.Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having ten-stock portfolios, the…

Weekly Newsletter Friday, December 8, 2017

Canadian shares reversed course again this week as the Price of the VVC/CA added $0.06 per share to finish the week at $21.36 per share. However, all three of our other key indicators, the RT, BSR and MTI, moved lower on a weekly basis. This movement represents a Bearish divergence and…

Daily Update Thursday, December 7, 2017

Canadian stocks picked up a win today as Blackberry and Valeant Pharmaceuticals led the charge. With three yellow lights and a DnDn 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 ten-stock portfolios,…

Daily Update Wednesday, December 6, 2017

Declines from healthcare stocks led the TSX modestly lower today. With two red lights and a DnDn 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 downside.Today’s Derby Winners, having ten-stock portfolios, the five…