The Canadian Technician

A New Look At Using The SCTR - Webinar Skim 2016-07-26

by Greg Schnell

The market continues to churn higher, continuously pushing away from breakout levels above September 2015 around 14000. The $TSX opened to new 2016 highs this morning even as oil has pulled back over the last two months. On the webinar, I walked through all of the Canadian sectors. They are all up through the month of July off the June 24th lows. Because the trend was up on the entire cross-section of the market, most of the webinar was focused on looking at SCTR's differently.  The Canadian Technician LIVE! with Greg Read More 

The Canadian Technician

The Agricultural Crops Look Fantastic This Year

by Greg Schnell

This is the fifth article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did two weeks ago. You can follow these links to the first four articles.  Canadian Transportation Companies Start My Tour Canadian Forestry Companies Under Review Canadian Pipeline Companies Under The Microscope Canadian Pipeline Companies Under The Microscope (Part 2) On my road trip through the mountains and into the grain growing region, a massive transition from mining and forestry into grain and livestock takes place. We also travelled Read More 

The Canadian Technician

Canadian Pipeline Companies Under The Microscope (Part 2)

by Greg Schnell

This is the fourth article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did a week ago. You can follow these links to the first three articles.  Canadian Transportation Companies Start My Tour Canadian Forestry Companies Under Review Canadian Pipeline Companies Under The Microscope Continuing with one of Canada's largest pipeline companies, TransCanada Pipelines (TRP.TO, TRP) has been rocketing higher. Here is a link to their latest investor presentation. They are primarily a Natural Gas transportation company. The Read More 

The Canadian Technician

Canadian Pipeline Companies Under The Microscope

by Greg Schnell

Getting a pipeline approved these days is a little more difficult than it used to be. In Canada, the debates about Keystone, TransMountain, and Energy East have all been a focal point for national divisiveness. In this article, I have no plan of entering into more debate. I do want to analyze what investors think about pipeline companies right now. This is the third article in a series about a 1700 Kilometre (over 1000 miles) road trip that I did a week ago. You can follow these links to the first two articles.  Canadian Transportation Companies Start My Tour Read More 

The Canadian Technician

Canadian Forestry Companies Under Review

by Greg Schnell

This is the second article from my weekend road trip through the mountains between Alberta and BC. The first article can be found here. Canadian Transportation Companies Start My Highway Tour. After leaving the Windermere area, we drove past many logging trucks. There are multiple lumber sawmills and pulp mills along the route. We drove past Canfor, Norbord,  and Weyerhauser that you could see from the road. There were also other mills set back from the highway, so I didn't catch the company names. However, the purpose of this article is to get a current state of the different Read More 

The Canadian Technician

Canadian Transportation Companies Start My Highway Tour

by Greg Schnell

On the weekend, our family went on a long drive through some of the most beautiful places on earth. Starting near the headwaters of the Columbia River system in British Columbia, we wound through Lake Louise, turned north through the Icefields Parkway and headed to Jasper, AB. From there, we went on to Grande Cache and Grande Prairie outside the mountain ranges. We stayed at a farm for 2 days and then rolled through Fox Creek, Whitecourt, Mayerthorpe, Edmonton, Red Deer and ultimately parked in Calgary. This area encompasses a brief insight to some Read More 

The Canadian Technician

Canadian Stock Love Stories That Could Be Breaking Up - Do You Own These?

by Greg Schnell

One of the most difficult decisions in investing is selling the gift that keeps on giving. Stocks that have performed well for a number of months or years start to feel bulletproof. I scrolled through the $TSX components and noticed a couple of long-term charts that have generated zero over the last year after being a major outperformer. The first is Constellation Software (CSU.TO). The stock chart looks like a long, long love story.  Earlier this year, the SCTR broke down below 75 and stayed there. The stock is ripe for a long term investor to make a decision. Read More 

The Canadian Technician

Silver Goes Ballistic

by Greg Schnell

Since Brexit, Silver has rallied significantly and Monday, July 4th is no exception. While the US markets are on vacation, the Canadians are jumping on the precious metals bandwagon.  Here is a chart of Silver Wheaton (SLW.TO). It has soared more than 30% since Brexit. A quick look at the top % movers today shows a clear love for metals and miners. For those looking to the hot area of the market, the precious metals are on fire. Short-term traders will be loving this move. For long-term investors, it is very difficult to get a new position started after Read More