By Stan Heller, Consultant, VectorVest Canada

July 1 CA Color GuardDespite a strong rebound rally today in New York, VectorVest is advocating caution in tomorrow’s trading in both Canada and US markets. The TSX was closed today for the Canada Holiday.

While VectorVest guidance states, “Prudent Investors should remain on the sidelines”, it’s a good idea to have your shopping list ready for action when the market does turn around. It would be prudent to wait for at least a Primary Wave Up (PW/Up) with ‘follow-through’ before trickling back into buying stocks long. More cautious investors will wait until we have a Green Light in the Price column of our CA Colour Guard.

For a full report, click here for our CA Colour Guard Video Report:

DISCLAIMER: The information contained in this Blog is for education and information purposes only. Example trades should not be considered as recommendations.