The Canadian Technician October 29, 2018 at 06:48 PM
Well, if you listen to the analysts, the retail world should be gangbusters this year. Best year in 10 years they say... Read More
The Canadian Technician October 28, 2018 at 03:11 PM
Bond prices look like they are are ready to go higher, not lower. Commodities continue to struggle It's a global meltdown Currencies are hard to figure out right here This is the 30-year bond price... Read More
The Canadian Technician October 25, 2018 at 12:31 PM
I have been a big believer in Gold stocks. Over the last couple of months, all of my best performers have been in the space. Yesterday I was getting concerned but today I was watching stock after stock take me out. Perhaps it is easiest to spot on the Gold bear chart HGD.TO... Read More
The Canadian Technician October 25, 2018 at 07:50 AM
Another wild ride for the markets! The $TSX closed down 8% on the year which is hardly bullish. This is also occurring while the Bank of Canada just raised interest rates to 1 3/4% today... Read More
The Canadian Technician October 21, 2018 at 10:11 AM
In a rocky week for the markets, the indexes managed to make a higher low so far. In the Commodity space, oil looks weak and some of the corresponding ETF's are starting to break trend lines... Read More
The Canadian Technician October 15, 2018 at 12:39 PM
One of the things I have focused on when examining the US market as well as other markets around the world is the tops that have been created in the last 20 years. There are multiple ways to look at tops... Read More
The Canadian Technician October 15, 2018 at 07:16 AM
Well, a bruising week in equities bruised commodity related stocks but the commodities themselves held up fairly well. ETF's which hold stocks like SLX, KOL, NLR, URA, XLE, XOP, FCG all pulled back. Precious Metals did better... Read More
The Canadian Technician October 12, 2018 at 07:43 PM
The Canadian market has been hit hard. The $TSX is currently 200 points away from the highs of 2008. Thats hard to have 10 years with little progress. The weekly PPO went negative this week which is another reason to be less optimistic for a fall rally... Read More
The Canadian Technician October 09, 2018 at 10:42 AM
Commodities Countdown Oil is extended Gold Miners hold up on a bad Gold day Junk Bonds - clues? Breadth - dismal Indexes need to bounce now To arrive home from a vacation in Bali to an early snowfall in Calgary is quite a shock... Read More
The Canadian Technician October 06, 2018 at 11:16 AM
This appears to be a pivotal time for the markets. I am hosting an online and in person conference in Calgary on Saturday October 13th... Read More
