The Canadian Technician

February 2017

The Canadian Technician

Canadian Insurers Pull Back & Pring Inflation Indicator

by Greg Schnell

Working through the charts of the Canadian Insurance equities, they are starting to weaken slightly. Manulife is starting to make 3-month lows in Relative Strength. Sunlife looks weaker yet. Great-West Life is close to a 5-month low in RS... Read More 

The Canadian Technician

Forestry Stocks Surge As Sector Rotation Gets Active

by Greg Schnell

I have posted my Canadian Technician Market Review for the Canadian market. You can click the play button to start the video or use the link below this to open a new browser window. The Canadian Technician Live with Greg Schnell 2017-02-21 from StockCharts.com on Vimeo... Read More 

The Canadian Technician

Canadian Energy Stocks Try To Bounce

by Greg Schnell

The energy sector has had a rough ride since December 8th. The decline in the energy stocks has been going on for two months. Even some of the best performers last year are down around 20-25%... Read More 

The Canadian Technician

$TSX Breaks Out To New All Time Highs

by Greg Schnell

Today, the Toronto Stock Exchange broke out to new all time highs. New All Time Highs are bullish! There has been a recent 2-day thrust up from the energy stocks and if that can continue, we should see this previous high in the rear view mirror... Read More 

The Canadian Technician

Someone Is Lighting Up Marijuana Stocks (WEED.TO)

by Greg Schnell

Recently one of Canada's Marijuana related companies changed their ticker symbol to WEED.TO and since then the stock has started to trade a little better. The company's previous ticker was CGC.TO for Canopy Growth Corporation. Here is the chart... Read More 

The Canadian Technician

Important Lessons On The RSI Help Us With The Dollar

by Greg Schnell

The Canadian Dollar ($CDW) has been in a downtrend for a long time. Deep on the Canadian wish list is a stronger dollar so that things Canadians import from the US would finally get more reasonable. Looking in on the chart for the Canadian Dollar, we see a break on the chart... Read More