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Targets Obtained: 10-12-11
Wednesday, October 12, 2011 - 5:04pmIt is important when initiating trades to have targets. You will notice that we try to give price objectives when establishing long and short positions for our clients in most trades. After five positive sessions Crude looks like we will see a negative close with prices settling just above the...
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Loonie Looking to Build on Momentum
Tuesday, October 11, 2011 - 9:12amTuesday, October 11, 2011 The Canadian Dollar has caught a bid over the past week, largely due to external forces, namely stronger commodity prices. The loonie may be able to build off this momentum on its own merits, given the improved labor market and sound central bank action. Technically, the...
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Bitcoin a Digital Currency
Sunday, October 2, 2011 - 12:06pmIn a time where banks are raising their fees and charging consumers for using their debit cards, going bankless and using other means of payment has caught on. About 1 in 5 people are reported to have gone bankless and have resorted to gift cards as a means of payment and consumption. People are...
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Why Canada Is Still A Good Trade
Wednesday, September 28, 2011 - 11:08amWith most industrialized economies in the dumps, it's difficult to find a major currency that still has good potential as we head into the end of the year. The US is dealing with a growth rate barely above 1%. Meanwhile, Japanese economic expansion has actually contracted by 1% as of the second...
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