Monthly Archive: January 2022

Daily Update Monday, January 31, 2022

The TSX closed sharply higher today as investors picked up beaten down tech and healthcare shares. With three yellow lights and an UpDn situation Prudent Investors should have their shopping lists ready to go bargain hunting and bottom fishing if the market continues to move higher tomorrow.Aggressive Investors and…

Bottom Fishing.

After a wild week, global tensions, a hawkish Bank of Canada announcement and inflation fears won out and the Price of the VectorVest Composite Canada, VVC/CA faltered another $0.08 per share to end at $27.42 per share. Additionally, all three of our other key Market Timing indicators, the RT, BSR and…

Daily Update Thursday, January 27, 2022

The TSX closed today’s rollercoaster session in the red as investors sold gold, tech and marijuana shares, among others. With two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having…

Daily Update Wednesday, January 26, 2022

The Bank of Canada and the US Federal Reserve both held interest rates steady today, but released a hawkish forecast leaving Canada’s main index with a very modest gain. With three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders…

Daily Update Tuesday, January 25, 2022

Energy and gold shares led the TSX to a slightly higher close today. However, the Price of the VVC/CA closed lower. With one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops, being…

Daily Update Monday, January 24, 2022

Tensions between Russia and Ukraine caused equities to selloff today and the TSX ended in the red, although well off session lows. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops,…

Weekly Newsletter Friday, January 21, 2022

Canadian shares took it on the chin this week with inflation concerns remaining the major headline. The Price of the VectorVest Composite Canada, VVC/CA, lost a hefty $0.98 per share to end $27.50 per share. All three of our other key Market Timing indicators, the RT, BSR and MTI, also lost…

Daily Update Thursday, January 20, 2022

The TSX closed solidly lower today after early gains dissipated as investors dumped resource and consumer discretionary shares. With three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market as it develops.Today’s Derby Winners, having ten-stock…