Monthly Archive: May 2019

Now Is Not the Time to Take Your Eyes Off the Ball.

Red lights filled the Color Guard and the Price of the VVC/CA continued its downward movement this week. Overall, it fell $0.23 per share to close at $21.16 per share and the Primary Wave remains Dn. Two of our other two key indicators, the BSR and MTI, also fell from last…

Daily Update Thursday, May 30, 2019

Losses in energy stocks outweighed gains in gold shares and Canada’s main index closed lower. 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 as it develops with a bias to the…

Daily Update Wednesday, May 29, 2019

A slump in crude prices dragged down energy stocks and sent Canada’s main index to a lower close. 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 as it develops with a…

Daily Update Tuesday, May 28, 2019

Losses in healthcare shares sent the TSX into the red. With three 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 as it develops with a bias to the downside.Click Here to view…

Daily Update Monday, May 27, 2019

Anticipation of the upcoming Bank of Canada’s interest rate announcement sent the TSX to a higher close today. 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,…

Weekly Newsletter Friday, May 24, 2019

Ongoing trade fears curbed investors’ risk appetite and despite positive movement in the market on Friday, the Price of the VVC/CA reversed course again over the last five trading days and resumed its downward drive. Overall, it fell $0.22 per share to close at $21.39 per share and the Primary Wave…

Daily Update Thursday, May 23, 2019

Losses in energy shares led the TSX lower today. With three red lights and an DnDn 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 bias to the downside. Today’s Derby Winners, having ten-stock…

Daily Update Wednesday, May 22, 2019

Investors’ concerns over the progress of the US/Sino trade deal sent the TSX to a lower close. With two red lights and an UpDn 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…