With the Canadian market already under pressure, Canadian investors were jittery today as the reality of an NDP majority in Alberta began to sink in across the oilpatch and Bay Street. The S&P/TSX Energy index fell 2.8%. The Mining sector was down 1.35% and Electronics fell 6.6%, led lower by Avigilon’s (AVO) 24% decline on […]
» Read MoreCategory: Canada Colour Guard Report
Canada Colour Guard Report for April 8, 2015
Global markets including Canada and US rose today with European shares hitting eight-year highs. Canada’s MTI (Market Timing Indicator) rose for the 4th straight day. Europe was bolstered by a $70B takeover bid by Royal Dutch Shell, but North American markets pared gains after the largest US crude inventory build since 2001 slammed oil prices. […]
» Read MoreYour April 1 CA Colour Guard Report. No kidding.
Gold and oil prices lifted the TSX to a 40 point gain today. US stocks fell on weaker than expected economic data, however, the DJI gained back more than 100 points from the day’s low, closing down 77 points. Notice from the graphic that VectorVest’s Color Guard is Mildly Bearish in both Canada and the […]
» Read MoreCanada Colour Guard Report for Mar 18, 2015
For a complete market review and a look at a few big movers on the day, click here for the Canada Colour Guard Video Report: http://www.screencast.com/t/OgBQJZkR You can pause, fast forward and rewind by clicking in the slider bar at the bottom of the video. The TSX started an explosive rally when the Federal Reserve statement […]
» Read MoreCanada Colour Guard Report March 11, 2015
The Toronto stock market gained ground today following a big sell-off yesterday on both sides of the border. The Gold index led the market higher with a 3.9% gain. Information Technology gained 1.23% on the strength of Constellation Software (CSU), up 3.77% on news it has acquired InterAct911.The US market could not hold onto early […]
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