THE PIG SEES THAT THE SYSTEM IS WORKING. CASE IN POINT DPE.V DOUBLED TODAY ON A MAJOR MOVE UP. THE PIG SCANNED IT ON THE WEEKEND AND THE MOMENTUM VECTOR WAS OFF THE CHARTS. IT APPEARS WE ARE ON THE RIGHT TRACK ! HOWEVER, NOW COMES THE TOUGH PART....FOR THOSE THAT DID BUY IT...DO YOU SELL ?? WELL THE PIG FIGURES IT MAY HAVE SOME LEGS YET, BUT IF IT WERE UP TO THE PIG HE WOULD SELL AND WAIT FOR ANY RETRENCHMENT TO JUMP BACK IN OR IF THE CHARTS SAY STAY OUT THEN OUT THE PIG WOULD STAY.
THE PIG HOPES ALL YOU TRADERS OUT THERE REALIZE THAT WE ARE IN THE TOUGHEST BUSINESS IN THE WORLD. PREDICTING A MARKET EVEN WITH THE BEST TOOLS, IS NEXT TO IMPOSSIBLE. SO THE PIG FIGURES THE BEST WAY TO ATTEMPT A PROFITABLE TRADE IS TO BUY EARLY WITH THE SMART MONEY, THEN EXIT WITH PROFIT IN HAND. YOU NEVER LOSE MONEY TAKING YOUR PROFIT AND MOVING ON, NO MATTER HOW SMALL OR BIG. REMEMBER PIGS WILL ALWAYS BE SLAUGHTERED....BUT SMART PIGS...THEY TAKE SMALL BITES AND BUILD A BETTER NEST EGG. PIGS CAN TALK ABOUT EGGS CAN'T THEY ?
BKS.V....ONE OF THREE BIG SCANNERS ON THE NIGHT. NET MONEY FLOW IS UP, MOVING AVERAGES UP, AND MOMENTUM INDICATORS UP TOO. NO STORY AT THIS POINT BUT ITS BEING BOUGHT. IF IT GOES IT MAY GO QUICK DUE TO VERY LOW O/S COUNT..............WATCH CLOSELY IF VOLUME PERSISTS TAKE A BITE....
CTN.V..SECOND HIGH SCANNER OF THE NIGHT, AND THE PIG WAS NOT ABLE TO SECURE A CHART FOR IT. THE STORY BEHIND IT IS A PROMOTIONAL COMPANY WILL BE DOING SOME WORK ON IT WITH SOME PLANNED SUBSTANTIAL NEWS COMING IN THE NEXT WEEK OR SO. THE PIG IS TOLD BY HENRY THE HORSE THAT THEY MAY PUSH IT OVER A $1. (CURRENTLY .64) UNTIL YOU SEE IT DON'T BELIEVE IT ! BUT IT MAY SURPRISE WITH A DECENT MOVE. THE SCANNER TELLS US SO. VERY LOW SHARES OUT WILL MAKE THIS PIGLET MOVE FAST.
CUE.V....THE THIRD LARGEST SCANNER OF THE NIGHT AND THE BIGGEST NET CAPITAL INFLOW TOO. BEEN ON THE PIGS SCANNERS FOR A FEW WEEKS BUT IT APPEARS READY TO MOVE. NOT MUCH STORY WE CAN FIND BUT CERTAINLY BIG NUMBERS NEVER LIE. DECENT CHART AND FLOAT ADD TO THE SITUATION. COULD BE A DOUBLE NEAR TERM. CHOICE CHOP........
ATK.V..A PREVIOUS PIG PICK IN JANUARY HAS BEEN SHOWING UP ON THE SCANNER SINCE THEN IN THE TOP 25 OR HIGHER JUST ABOUT EVERY SESSION. NUMBERS MOVE MUCH HIGHER TONIGHT AS SCANS FOR NET CAPITAL INFLOW AND MOMENTUM ARE SHOWING SIGNS OF A LARGE BUMP POSSIBLY COMING. AN ALL ROUND DECENT STORY....GET SOME FOR THE RUN.....
Trading Day: TSX has a sideways day as Wall Street slips on Greece
After markets closed, Vancouver-based Canfor reported results that beat expectations, while Richmond’s Sierra Wireless fell sharply after a disappointing quarter.
The S&P/TSX Composite index added a 12.09-point gain to Tuesday’s 158-point rally, closing up 0.1 per cent at 11,286.33. The S&P/TSX Venture composite rose 2.25 points, or 0.2 per cent, to 1,476.78. The Canadian dollar rose four-tenths of a cent to 94.07 cents US, after trading as high as 94.36 against its U.S. counterpart. The lofty loonie contributed to a monthly trade deficit of $246 million in December, deepening the full-year trade shortfall to $4.6 billion, the first since 1975. A 17-per-cent rise in the Canadian dollar made exports more expensive and imports cheaper, eliminating 2008’s $46.9-billion surplus.
The U.S. dollar rallied against the euro as traders waited to see whether Germany and France will somehow reverse the steep rise in borrowing costs threatening to drive the heavily indebted Greek government into default. The March crude oil contract added 77 cents, or one per cent, to $74.52 US a barrel. Natural gas dropped 4.1 cents, or 0.8 per cent, to $5.249 US per million Btu, as traders looked past the day’s blizzard conditions toward a big spring surplus of the heating fuel. April gold trimmed 90 cents to $1,076.30 US an ounce. Copper was nearly unchanged at $2.989 US a pound. On Wall Street, the Dow Jones Industrials shed 20.26 points, or 0.2 per cent, to 10,038.38, the Nasdaq composite trimmed three points, or 0.14 per cent, to 2,147.87, and the S&P 500 slid 2.39, or 0.2 per cent, to 1,068.13. Discovery Communications dipped $1.39, or 4.8 per cent, to $27.88 US. The operator of cable TV networks Discovery Channel, TLC, and Animal Planet plans to launch the Oprah Winfrey Network in January 2011. Q4 earning of $155 million US, or 36 cents a share, handily beat year-earlier profits of $106 million, or 25 cents, as sales grew six per cent to $964 million US.
Shares of Montreal-based Gildan Activewear rose $1.26, or 5.3 per cent, to $25.18. The company with 63 per cent of the U.S. t-shirt market plans to support employees injured in the collapse of a factory operated by a supplier in the earthquake in Haiti, as well as the families of 200 workers killed in the disaster. All Gildan’s direct employees in Haiti survived. Gildan is distributing food packages in Haiti, and helping fund suppliers to restore their operating. Gildan’s sales recovered in the first quarter, rising 20 per cent to $220.4 million US, for earnings of $28 million US, or 23 cents a share, compared to $4.4 million, or four cents a year earlier.
Canfor’s loss narrowed to $17 million, or 12 cents a share, from $230 million, or $1.61 a year earlier. Sales fell seven per cent to $550 million as the company shuttered mills to cut supply to the market. This week, lumber prices jumped 15 per cent to $290 US per million board feet, up 40 per cent since the beginning of the year, and 70 per cent from a year ago. Shares rose 34 cents, or 4.4 per cent, to $8.15. Shares of Sierra Wireless tumbled as much as 19 per cent to $9.50 US in late trading after the company reported a surprise loss of $3.1 million US, or nine cents a share, compared to earnings of $34.7 million US, or $1.12 a year earlier. The higher Canadian dollar boosted costs for the company that makes most of its sales in U.S. currency. Component shortages forced the postponement of some deliveries of Sierra’s wireless modems and chips.
Olympic media to taste Canadian bounty
- February 10, 2010 4:49 PM | Comments0Recommend2
- By Andree Lau
Agriculture Canada is hosting a breakfast on Thursday to international media to show off Canadian food exports, and the federal minister will even get involved cooking up steak and eggs with Saskatoon chef Remi Cousyn.
TV host and cookbook author Michael Smith, fresh off an appearance on Iron Chef America (where he was robbed, I might add), will be making wild blueberry, mint and cream-cheese stuffed French toast with maple syrup and brown butter, cider-braised sausage and haskap berry compote.
Chris Aerni, owner and chef of the Rossmount Inn in St. Andrews, N.B., is bringing local Maritime ingredients including lobster from the Bay of Fundy, potatoes from the Upper St. John Valley, and caviar from sturgeon in Blacks Harbour, N.B. to whip up lobster benedict and hash browns.
I've had this amazing caviar -- from short-nosed sturgeon raised in tanks -- last year. Pricey at $90 per ounce (charged by fine Montreal restaurants quick enough to export it), it's still cheaper than some of the European caviars.
Other ingredients to be highlighted include cheeses, honeys and an Inuit tea.
Rounding out the chefs' team is:
- Daryle Ryo Nagata, executive chef of Vancouver's Pan Pacific Hotel.
- Donna Dooher, cookbook author and restaurateur.
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