The Canadian Technician

An Industrial Metals Stock Up 37% In A Week!

by Greg Schnell

The gold miners had a big day yesterday, but the mining sector has been moving across more than just gold. Here is the chart for Hudbay Minerals (HBM.TO). They are involved in zinc and copper with some gold and silver. This is a nine month breakout and is threatening the 52 week highs. Here is First Quantum Minerals (FM.TO).  However, the Goldman Sachs Commodity Indexes (GSCI) are also telling us the story. This one is for industrial metals ($GYX). The Canadian Materials ETF Read More 

The Canadian Technician

How I Use The StockCharts.com Home Page - Part 3

by Greg Schnell

In the previous two articles, I covered off the value of the ticker cloud, the popular symbols link, the Market Summary and Sector Summary. Part 1 Link. In the second article I covered off the SCTR ranking system and the Decision Point Links. Part 2 Link. Now we are going to roll through the six pack grid that highlights what's moving. That section has the smell of money rolling through it! I will also finish the last two pieces on the Golden Line which are the MarketCarpet and the PerfCharts. The grid on the home page has an immense amount of Read More 

The Canadian Technician

How I Use The StockCharts.com Home Page Part 2

by Greg Schnell

This article continues where How I Use the StockCharts.com Home Page Part 1 left off. You can access that article here. Let's go back to the Golden Line. I want to dig into the SCTR rankings. To me, this is the single most useful method for identifying strong stocks. I find it stronger than many of the other systems. It does not reflect any fundamental valuation metric. It simply measures price movement in the stock. All of my poorest trades result in using any fundamental analysis. As soon as I get involved fundamentally in a stock, I let pullbacks become problems. I find SCTRs Read More 

The Canadian Technician

How I Use The StockCharts.com Home Page Part 1

by Greg Schnell

Have you ever driven through an Automated Teller Machine (money machine) at the bank and forgot to take your cash? Driving past the home page can be similar in importance. The next few articles will cover quick ways to use the home page. One thing I'd like to point out throughout this series of articles is how to find Canadian data quickly as well. Whenever there is a special link to some Canadian data, I'll point to it. Lets start near the top. First of all, the little chart top left is one of the fastest ways to see what is going on in the market. If you click on the tabs Read More