After Fed minutes showed that a Sept. rate hike is still on the table, markets on both sides of the border rallied off session lows but couldn’t hold on, finishing sharply in the red. In Canada, the TSX fell 157 points or 1.11% and is now down more than 4.0% YTD. Petroleum, Banks and Transports […]
» Read MoreThe Golden Ratio: Fibonacci retracements explained.
By Michael Wuetherick, P.Eng. User Group Leader: Red Deer Alberta August 11, 2015 Enhance your results by adding some gold…meaning add the GOLDEN ratio and Fibonacci retracements to your analysis! The mysteries of the natural world have fascinated humans throughout history, science and innovation constantly strives to find the logical explanation of every phenomenon in […]
» Read MoreCanada market can’t break out of down-trending channel
STRATEGY OF THE WEEK: “UNLEASHING THE POWER OF GRAPHS.” The old saying, “A Picture is Worth A Thousand Words.” holds true when investing. Learning to read graphs is an important aspect of trading. VectorVest graphs are beautifully displayed and easy to use. In this week’s special presentation, Ms. Cathy O’Nan, Manager of Internal Training, explained and demonstrated […]
» Read MoreEven top-rated stocks get punished on earnings miss
By Don Fanstone, Member, Kitchener/Waterloo User Group Option Blog August 9, 2015: VectorVest advises buying undervalued High VST stocks in a Rising market. USA: Col. Guard Bearish: MTI .74 Dn/Dn, C/Dn, Do Not Buy CAN: Col. Guard Bearish: MTI .69 Dn/Dn, C/Dn Do Not Buy The 50-DMA of the TSX fell below the 200-DMA on […]
» Read MoreA green light for most of today, now yellow and caution is still advised.
Canada’s TSX rose today for the 6th straight day, holding on to a slim 11 point gain at the close after soaring out to a 128 point gain in the first hour of trading. Investors seem to be moving back into non-commodity dividend payers including banks and consumer names while pulling back from resource companies. U.S. […]
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