The Canadian Technician February 25, 2021 at 01:56 PM
Based on how strong the stock market has been, you'd think large-cap tech was still controlling the pace of play. It seems almost remarkable that Apple (AAPL), with its massive buyback program, can be approaching the 200-DMA... Read More
The Canadian Technician February 18, 2021 at 12:23 AM
BHP reported earnings this week and continues to move higher. With the industrial metal commodities being very strong, this chart looks really nice with the power earnings gap higher on big volume. The uptrend looks like it wants to continue higher... Read More
The Canadian Technician February 11, 2021 at 08:47 PM
We continue to be in a bull market. We continue to expect more stimulus to help this rally. We continue to expect the vaccine to help the economy heal. We continue to expect higher prices... Read More
The Canadian Technician February 10, 2021 at 06:06 PM
A couple of the Green stocks broke their trend today. The first on is Ballard. (BLDP) Ballard has had a wonderful run in 2021. We can see some negative divergence where price is higher and the PPO momentum is going lower... Read More
The Canadian Technician February 05, 2021 at 01:41 PM
The US Dollar is trying to hold above the down-sloping trend line to end the week. This is the one-year view. Looking at the UUP to see Friday's action, the Dollar is pulling down hard, but still looks to close above the downtrend on the chart above... Read More
The Canadian Technician February 02, 2021 at 11:38 PM
The Nasdaq 100 is testing the prior highs to kick off Thursday. There is an interesting sequence of index price action over the last few weeks. The Nasdaq 100 is right up near the prior high; the bounce last Thursday was unable to take out that high... Read More
The Canadian Technician February 01, 2021 at 01:42 PM
Airlines are caught between an expanding virus, stable vaccination efforts in some countries and other countries still without vaccines. Some countries are restricting international flights. It's a mess. To fly, you need to be tested, and upon landing you need to quarantine... Read More
