The Bottom Line

Editor Note: The highly recommended monday visit to Don Vailoux’s report where he analyses an astonishing 49 plus Stocks, Commodities and Indexes.

Trading strategies remain the same. Equity and bond prices are not compelling at current prices. Intermediate upside is limited and downside risk is. 5-15% from current levels for major U.S. and Canadian equity indices and sectors between now and late this year. Ultimately, this period of weakness will provide a buying opportunity for a seasonal trade from late this year to next spring.

Click HERE. for this comprehensive look and commentary on at charts of Indices, Currencies, Commodities…..and more…..

Technical Analysis and comment by the highly respected Don Vialoux of Timing the Market CLICK HERE for more information.

Don Vialoux has 37 years of experience in the Investment Industry. He is a past president of the Canadian Society of Technical Analysts (www.csta.org) and a former technical analyst at RBC Investments. Don earned his Chartered Market Technician (CMT) designation from the Market Technician Association in 1995. His CMT paper entitled “Seasonality in Canadian Equity Markets” was published in the Spring-Summer 1996 edition of the MTA Journal. Don also has extensive experience with Exchange Traded Funds (also know as Index Participation Units) as well as conservative option strategies. In 1990 he wrote a report that was released in the International Federation of Technical Analyst Journal entitled “Profiting from a Combination of Technical and Fundamental Analysis”. The report introduced ” The Eight Phases of the Stock Market Cycle”, an investment concept that continues to identify profitable entry and exit points for North American equity markets.   He is currently a member of the Toronto Society of Fundamental Analyst’s Derivatives Committee.   Now he is the author of a daily letter on equity markets available free on the internet. The reports can be accessed daily right here at www.dvtechtalk.com.