The Canadian Technician

Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. Based in Calgary, he is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is also the author of Stock Charts for Dummies (Wiley, 2018).

Latest Posts

The Canadian Technician

The Agricultural Crops Look Fantastic This Year

by Greg Schnell

This is the fifth article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did two weeks ago. You can follow these links to the first four articles.  Canadian Transportation Companies Start My Tour Canadian Forestry Companies Under Review Canadian Pipeline Companies Under The Microscope Canadian Pipeline Companies Under The Microscope (Part 2) On my road trip through the mountains and into the grain growing region, a massive transition from mining and forestry into grain and livestock takes place. We also travelled Read More 

The Canadian Technician

Canadian Pipeline Companies Under The Microscope (Part 2)

by Greg Schnell

This is the fourth article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did a week ago. You can follow these links to the first three articles.  Canadian Transportation Companies Start My Tour Canadian Forestry Companies Under Review Canadian Pipeline Companies Under The Microscope Continuing with one of Canada's largest pipeline companies, TransCanada Pipelines (TRP.TO, TRP) has been rocketing higher. Here is a link to their latest investor presentation. They are primarily a Natural Gas transportation company. The Read More 

The Canadian Technician

Canadian Pipeline Companies Under The Microscope

by Greg Schnell

Getting a pipeline approved these days is a little more difficult than it used to be. In Canada, the debates about Keystone, TransMountain, and Energy East have all been a focal point for national divisiveness. In this article, I have no plan of entering into more debate. I do want to analyze what investors think about pipeline companies right now. This is the third article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did a week ago. You can follow these links to the first two articles.  Canadian Transportation Companies Start My Tour Read More 

The Canadian Technician

Canadian Forestry Companies Under Review

by Greg Schnell

This is the second article from my weekend road trip through the mountains between Alberta and BC. The first article can be found here. Canadian Transportation Companies Start My Highway Tour. After leaving the Windermere area, we drove past many logging trucks. There are multiple lumber sawmills and pulp mills along the route. We drove past Canfor, Norbord,  and Weyerhauser that you could see from the road. There were also other mills set back from the highway, so I didn't catch the company names. However, the purpose of this article is to get a current state of the different Read More 

The Canadian Technician

Canadian Transportation Companies Start My Highway Tour

by Greg Schnell

On the weekend, our family went on a long drive through some of the most beautiful places on earth. Starting near the headwaters of the Columbia River system in British Columbia, we wound through Lake Louise, turned north through the Icefields Parkway and headed to Jasper, AB. From there, we went on to Grande Cache and Grande Prairie outside the mountain ranges. We stayed at a farm for 2 days and then rolled through Fox Creek, Whitecourt, Mayerthorpe, Edmonton, Red Deer and ultimately parked in Calgary. This area encompasses a brief insight to some Read More 

The Canadian Technician

Canadian Stock Love Stories That Could Be Breaking Up - Do You Own These?

by Greg Schnell

One of the most difficult decisions in investing is selling the gift that keeps on giving. Stocks that have performed well for a number of months or years start to feel bulletproof. I scrolled through the $TSX components and noticed a couple of long-term charts that have generated zero over the last year after being a major outperformer. The first is Constellation Software (CSU.TO). The stock chart looks like a long, long love story.  Earlier this year, the SCTR broke down below 75 and stayed there. The stock is ripe for a long term investor to make a decision. Read More 

The Canadian Technician

Silver Goes Ballistic

by Greg Schnell

Since Brexit, Silver has rallied significantly and Monday, July 4th is no exception. While the US markets are on vacation, the Canadians are jumping on the precious metals bandwagon.  Here is a chart of Silver Wheaton (SLW.TO). It has soared more than 30% since Brexit. A quick look at the top % movers today shows a clear love for metals and miners. For those looking to the hot area of the market, the precious metals are on fire. Short-term traders will be loving this move. For long-term investors, it is very difficult to get a new position started after Read More 

The Canadian Technician

StockCharts.com Wins Multiple Awards From The CSTA

by Greg Schnell

After a rough couple of days globally, the energy sector looks under attack. The oil producers, service companies, midstream companies and pipelines are all getting crushed in the carnage.  Some of the charts have had dramatic breakdowns. Some are already moving to two-month support levels and others have already broken down below support. The energy ETF for Canada is still holding an uptrend but just barely. We'll do a complete sector review on The Canadian Technician Webinar 2015-06-28 I would encourage you to check out my article regarding Read More 

The Canadian Technician

Why Was Canada's Exchange The Least Damaged In Friday's Carnage?

by Greg Schnell

Well, if it wasn't a Black Friday, it was sure a grey Friday. Canada's Exchange ($TSX) was the least damaged on a global selloff. Friday's carnage amounted to 1.7% for the $TSX, but the US Markets sold off by 3-4% and some global markets were down by more than 10%. Italy ($MIB) was clocked falling 12.48%. The centre of the storm, England was down 3.15% but the daily candle was down 8% at one point. I find it interesting that the British market fared better than the American indexes. Canada's $TSX has a large contingent of Gold mining stocks and they gapped up on the open and sold off a Read More 

The Canadian Technician

Canadian Technology Stock Review

by Greg Schnell

Canada has 24 software stocks in the Technology Sector. That makes it a little on the small side compared to some of the other sectors. I will roll through the top 6 in this article to point out a few that could be interesting for investors. Intertain Group (IT.TO) seems to have broken back above the 200 DMA after a three wave correction. Intertain continues to make higher highs and higher lows after a major December low. The MACD looks ready to turn up above the zero line. The SCTR has moved above 75 and looks strong here. Kinaxis Read More 

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