The Canadian Technician March 30, 2019 at 03:49 PM
This week marked the sixth consecutive one in which the Canadian market traded sideways. Personally, I find it hard to get excited about a market going sideways. More concerning is the fact that the main areas of the Canadian market are not showing improvement... Read More
The Canadian Technician March 24, 2019 at 12:43 AM
World Charts Look Risky Outside Bars Suggest Reversal Commodities Under Fire Timing on the Copper and Steel charts is Unnerving Energy-related ETFs and Stocks have Huge Caution Signs Watching to see if Gold is the Next Bullish Move (expecting a huge move) Continuing with my theme... Read More
The Canadian Technician March 17, 2019 at 06:27 PM
The $TSX continues to inch higher week after week, suggesting that my caution in February was unwarranted. However, this week marks options expiration, as I mentioned early in the month... Read More
The Canadian Technician March 16, 2019 at 05:20 PM
This week, the US Dollar lost 1.5 cents after making a new high last week. This resulted in most commodities turning up on the week. For sector movers, Technology stocks continue to be bought, while Utilities and other defensives performed well this week... Read More
The Canadian Technician March 09, 2019 at 04:23 PM
What an important week for technicians. I have some great friends that are also great technicians, and many of them are extremely bullish, what with all the breadth indicators having such a big initial market thrust... Read More
The Canadian Technician March 05, 2019 at 03:31 PM
We are getting to a pause in the market. Even as the $TSX digests its gains, we should observe that it is at an important level of risk should the market prove to be a bear. This week's video talks about that in detail... Read More
The Canadian Technician March 02, 2019 at 08:57 PM
This week, the $SPX closed above 2800 for the first time since October.The Nasdaq is currently sitting a fraction under 7600, while the Russell is a fraction under 1600... Read More
