The Canadian Technician

December 2013

The Canadian Technician

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Upcoming Technical Analysis Events in the Vancouver/ Victoria Area

by Greg Schnell

StockCharts.com January Training Courses: Kick off the new year with a new outlook on the markets. StockCharts.com SCU 101 January 17th, 2014 all day session StockCharts.com SCU 102 January 18th, 2014 all day session Stockcharts... Read More 

The Canadian Technician

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$TSX Pops Champagne To Close Out The Year

by Greg Schnell

Yahoo! What a 4th quarter touchdown! Let's start with the 25 year view. From the sideways markets of the late 80's, the first three years of the 90's. The 1980's (not shown) had the $TSX stall at resistance at the 3000 level in 1980,1981... Read More 

The Canadian Technician

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$TSX Sector review

by Greg Schnell

The $TSX had a great quarter. After finally breaking above resistance in October, the market has lifted most boats. Unfortunately for precious metal investors, they took another mixed martial arts beating. Most have tapped out after having the shiny metal move against them... Read More 

The Canadian Technician

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Best Wishes For The Holiday Season

by Greg Schnell

Year end brings many things. A great time to enjoy family and friends. A great time to enjoy a good book. A great time to set goals for the year ahead... Read More 

The Canadian Technician

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Living The Lumber Lifestyle - Higher

by Greg Schnell

Flipping through the dashboards this weekend and rolled through some seriously nice chart patterns in Lumber related stocks. Here is one of the dashboards. Every stock is above the 10 week MA and most of them are breaking out higher above consolidation zones... Read More 

The Canadian Technician

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My My MYI - Are Bond Prices About to Rise?

by Greg Schnell

This chart has got it all. Just when you think the bond market is dead, this chart shows up. What are we looking at? This fund invests in Municipal Bonds for yield. The chart has been a great precursor for a lot of the bond action. We'll step through what I see in the chart... Read More 

The Canadian Technician

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Fed Changes Direction - What Else Did?

by Greg Schnell

When the Fed speaks, the market listens. Today, the Federal Reserve announced changes to its bond buying program. Immediately after, the stock market went on a soaring ride... Read More 

The Canadian Technician

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Silver, Gold And QE

by Greg Schnell

The stock market has been on quite a run. Gold and Silver have been falling in tandem with the precious metals sectors unloved throughout the QE cycles. All eyes are on the Fed for the concept of tapering... Read More 

The Canadian Technician

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Canadian Oil Stocks - Reviewing The Dashboard

by Greg Schnell

Last week, I wrote about the surge in $WTIC. On the long term charts, it looks pretty bullish. On the short term charts, it looked like a short squeeze. So a week after the big move has settled in, where are we at? First of all, let's look at some of Canada's larger Caps... Read More 

The Canadian Technician

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SCTR - Reviewing The Results - Chapter 10

by Greg Schnell

The scan engine has created some terrific lists for us to review. Now we need to narrow our focus on which stocks we would like to buy. For everyone, there is a different right stock... Read More 

The Canadian Technician

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$NYAD Has Slowed It's Ascent Of The Mountain

by Greg Schnell

In trying to decipher what the market is trying to tell us technically, we all have a variety of indicators. The $NYAD is an interesting one. As long as the $NYAD seems to have rising lows the uptrend seems intact... Read More 

The Canadian Technician

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$TSX Sends Out Sell Signals

by Greg Schnell

We spend a lot of time looking at price action trying to figure out if its short term or long term. Sometimes it is as simple as just using the things that seem to work most of the time with stops in place when they don't... Read More 

The Canadian Technician

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Global Issues For Commodities - Umbrella Tops and Parabolic Spikes

by Greg Schnell

Heads up on this one. You might need a coffee. I continue to watch the global response to the Fed efforts to create inflation. Unfortunately, it isn't working. Commodities keep getted pushed down. I wrote a blog recently about the Commodity Currencies breaking down... Read More