Downside risk outweighs any upside potential in our Canadian market. However, the good news is that we are nearing VectorVest market timing levels that historically signal a market bottom. That signal is when the MTI or Market Timing Index is near or below 0.60. The MTI fell to .66 from .80 last Friday. The TSX fell Friday for [...]
Canada’s main stock index finished lower today, but it did at least recover from the morning lows. Falling crude and lumber prices weighed on the market and our dollar fell to a 10-year low. Wall Street declined for a second straight session on Wednesday as the technology sector fell on disappointing results from giants including Apple, [...]
Tech stocks, led by NFLX, GOOG and EBAY, and the banks delivered solid earnings last week lifting the US markets to a good week overall. AAPL is expected to report Tuesday after the bell. Other notable US earnings reports expected next week include: Haliburton, Yahoo, Microsoft, Illumina, Abbott Labs, Coca-Cola, General Motors, McDonalds, Starbucks, Amazon, Alaska [...]
By Don Fanstone, Member, Kitchener/Waterloo User Group Option Blog July 19, 2015: VectorVest advises buying undervalued High VST stocks in a rising market. VectorVest will help you make money if you follow VectorVest timing advice. USA: Col. Grd Neutral, MTI .91 Up/Dn, C/Dn, VV: Buy with caution. CAN: Col. Grd Neutral: MTI .80 Up/Dn, [...]
All in all it was a wild and wicked week last week, writes VectorVest Founder Bart DiLiddo in his weekly Strategy review. "It's best to stay on the sidelines for a while," he concluded. Continuing to move your weakest performers to cash is a good defensive measure in this type of market. However, if you prefer to hang onto stocks [...]
By Don Fanstone, Member, Kitchener/Waterloo User Group Option Blog July 12, 2015: VectorVest advises buying undervalued High VST stocks in a rising market. VectorVest will help you make money if you follow VectorVest timing advice. USA: Col. Guard Bearish, MTI .72 Dn/Dn, C/Dn, VV: Do Not Purchase. CAN: Col. Guard Bearish: MTI .65 Dn/Dn, [...]
Tumbling China stocks, higher than expected oil inventories and uncertainty in Greece contributed to another sell-off today in North American markets. The TSX shed 212 points or 1.45% as all the major sub-indices fell led by Financials (1.13%), Energy (2.19%) and Industrials (2.07%). The TSX is down 5% from one year ago and has lost [...]
Early news reports indicate that Greece has voted convincingly to reject austerity measures. Already the 'fear mongering' headlines are starting to appear. 'Chaos' is the word of the day. No one knows for sure how the markets will react, but taking cautionary steps is never a bad thing. (Remind me to give you a little quiz [...]
By Don Fanstone, Member, Kitchener/Waterloo User Group Option Blog July 5, 2015: VectorVest advises buying undervalued High VST stocks in a rising market. VectorVest will help you make money if you follow VectorVest timing advice. USA: Col. Guard Bearish, MTI .78, Dn/Dn, C/Dn, VV: Do Not Purchase. CAN: Col. Guard Bearish: MTI .72 Dn/Dn, C/Dn [...]
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