Week of August 4, 2008

Last week was a strong uptrend week for US market as oil price keeps plummeting. On the other hand, Canadian market resumed its downtrend and as expected, the news were all pointing to the weak oil and commodity prices. Overall, this week was quite volatile with a few 300 points move in DJIA. In the [...]

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Week of July 28, 2008

Wave 2 of 3 may still be unfolding as US market has not given a clear signal of where we are now. Overall, the week was filled again by the record oil companies profit and the declining oil price (and subsequently gas price as well, although I haven’t seen it up here in Thompson). Another [...]

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