Lets zoom in on energy stocks.
Someone recently said Suncor is trading like oil is at $70. Well, for canadian heavy oil, the price differential to $WTIC is around $30 due to the pipeline issues.
So that helps explain why our Cdn oils have been more suppressed.
Here is a dashboard of Canadian Oil stocks.
To find really sttrong stocks in the $TSX, you can scan through the SCTR on the home page.
Two really interesting tabs.
1) the top 10 is a more stable list.
2) the 'top up' list is TSX tickers breaking out today. It is updated all day so very fresh.
Canyon Well Services was on the top up list on Tuesday. Ticker is FRC.TO You can see it in the dashboard above.The SCTR listing is outstanding. Be the first to profit from the new listing.
Not happy that transports and copper still are struggling. Gold and Silver are definitely running. Uranium has been moving.
Good Trading,
Greg Schnell, CMT.
