The Canadian Technician November 30, 2014 at 02:56 PM
Yesterday I reviewed the 10 largest components of the XEG.TO energy ETF. Today, I'll cover the next 10. These ones are interesting because some of them have been high growth stocks and at some point, worth having on your radar... Read More
The Canadian Technician November 29, 2014 at 01:28 PM
Well, there was not a lot of support on crude at $72. That was an area of interest but it clearly washed out. Now that the price has plummeted, it feels a bit like the aftermath of a weather disaster. When you look around you are amazed at the damage... Read More
The Canadian Technician November 24, 2014 at 04:07 PM
The twenty year bond fund (TLT) has been trapped in a tight trading range for 1 month. Unbelievably tight actually. Today it stepped up through resistance. TLT bottomed on September 17th, and broke through the down trend line on September 19... Read More
The Canadian Technician November 20, 2014 at 02:40 AM
I have so many charts that feel important here. I have reviewed Walmart (WMT) before. But I haven't found many instances in recent years where the 'grocery store in every neighbourhood' stock rallies 10% on a breakout in 9 days... Read More
The Canadian Technician November 17, 2014 at 12:38 PM
I look at 6 of Goldman's Commodity Indexes. Let's take a quick look at the charts. Here is the Precious Metals Index ($GPX). Starting at the RSI, we are still in a bear trend with the red line across the top... Read More
The Canadian Technician November 14, 2014 at 07:45 PM
The technicians. We are a complex bunch. Thousands of interpretations of different indicators. But today, Telus (T.TO) rang up a new 52 week high. It can't be much simpler than someone willing to pay more for the stock than ever before... Read More
The Canadian Technician November 11, 2014 at 12:48 PM
Amazon (AMZN) has really been out of favour with all the love thrown towards the Alibaba baby (BABA). But there are some interesting reasons to look at Amazon today. Amazon made a textbook double bottom in October... Read More
The Canadian Technician November 05, 2014 at 07:09 PM
So I keep noticing lumber related stocks going up, yet Lumber ($LUMBER) is not performing. First here is $LUMBER. Does this look like a chart generating breakout moves on lumber stocks? It did not to me... Read More
