The Canadian Technician

The Canadian Technician Video Recording 2017-05-30

by Greg Schnell

Here is this week's link to The Canadian Technician Video Recording for Tuesday, May 30th. The Canadian Technician, Greg Schnell 2017-05-30 from StockCharts.com on Vimeo. Also, here is the chart I spoke of specifically in the video. You can click on it to open up the chart on your workbench. Then click on annotate to alter some small detail before saving. Then click save and store the chart in your own chartlist. Good trading, Greg Schnell, CMT, MFTA.   Read More 

The Canadian Technician

Canadian Utilities Close At New Highs - Higher Prices For Consumers Coming?

by Greg Schnell

Rolling through the various sector charts shows Canada all mixed up. Technology has been holding up but the anchor tenants of the Canadian market have not. A one month view shows the Material Energy and Financials spaces as mediocre, and the other areas driving the bus. While Healthcare is bouncing off huge multi year lows, it looks impressive, but not really. Shopify and a few other names have led the Technology space higher, but the Utilities seem to be holding up.  The Utilities Sector ($SPTUT) didn't really move on the big downdraft on May 17th Read More 

The Canadian Technician

The Canadian Technician Video Recording 2017-05-16

by Greg Schnell

Canadian charts got a lot more interesting this week with some big cross-currents. Here is a look at each of the Canadian sectors and some areas that might have potential to move big. The Canadian Technician Video Recording With Greg Schnell 2017-05-16 from StockCharts.com on Vimeo. Good trading, Greg Schnell, CMT, MFTA   Read More 

The Canadian Technician

Canadian Grocers Continue To Supply Portfolio Food

by Greg Schnell

The Canadian Grocers have some of the strongest SCTR rankings in Canada right now. A quick run through the charts show us some pretty interesting stuff. Here is George Weston (WN.TO). The SCTR is soaring and the two-year consolidation appears to be well behind it. Here is Metro. (MRU.TO). Metro had a stunningly good chart in place until July 2016. After a 9-month correction, Metro looks to be on the move again.  Loblaws (L.TO) continues to work. This breakout from a 2-year consolidation is great! Empire Read More 

The Canadian Technician

Energy and Minerals Get Slammed

by Greg Schnell

The storm that we have been watching build has finally blown in. As the $TSX rolled down over 150 points today, the carnage is in the energy and materials sectors.  Brent and West Texas Crude have been falling, the commodities like Copper and Gold have been falling, agriculture stocks have been falling, and the summation of what was a subtle drift lower really started to accelerate today across the Commodities space. One of the cleanest charts to display this is the XEG.TO. The SCTR is clearly out of favor and until this starts to perk up, the industry group Read More 

The Canadian Technician

Canadian Technician Video Recording 2017-05-02

by Greg Schnell

Here is the Canadian Technician Video Recording 2017-05-02. Canadian Technician Video Recording With Greg Schnell 2017-05-02 from StockCharts.com on Vimeo. Regards, Greg Schnell, CMT, MFTA   Read More