The Canadian Technician November 28, 2018 at 07:02 PM
Commodities had a big rally on Wednesday, with the exception of crude oil, gasoline and heating oil. Once Jay Powell started talking and the US Dollar started dropping , most commodities roared... Read More
The Canadian Technician November 26, 2018 at 08:52 AM
Crude oil dropped to close the week well below support Brexit deal signed with the UK & EU on the weekend US Dollar ended the week higher Gold - I'M PAYING ATTENTION - Important defining moment $SPX ends with a lower Friday close than the October low Crude oil plummeted on Friday... Read More
The Canadian Technician November 22, 2018 at 01:24 AM
Canada has a 300 point rally! Canadian banks fall into negative gains on the year Gold stocks keep getting better Energy gets crushed In the last two weeks, the Canadian market has been oscillating with big daily swings. Wednesday marked the first 300 point rally in a long time... Read More
The Canadian Technician November 18, 2018 at 12:02 PM
In what could be described as a calming week for commodities, oil finally stopped falling. Gold and Copper bounced a little, and some of the industrial metals are holding up. Lithium and the rare earth metals are trying to rally... Read More
The Canadian Technician November 15, 2018 at 10:41 AM
Gold finally had a day in the sun. It feels almost remarkable. Much like when rainy days envelope a city for weeks, and then, the first day of sunshine feels so much better... Read More
The Canadian Technician November 11, 2018 at 10:58 PM
In a positive week for the markets, the unease has not lifted in my mind. First of all, a little perspective on what was leading. On Friday, the sector performance was skewed to safety. The defensive sectors align on the right hand side of this performance chart... Read More
The Canadian Technician November 07, 2018 at 02:05 PM
The $TSX has bounced six hundred points off of the lows. This week marks an important place on the charts. While we don't know the future, lots of previous examples suggest these current levels are zones of interest... Read More
The Canadian Technician November 04, 2018 at 07:35 PM
In what was a recovery week for the stock market, there were a few interesting moves in the sectors that suggest one of the trades in Commodities that we have been waiting for might be setting up... Read More
The Canadian Technician November 01, 2018 at 07:55 PM
A significant bounce off the lows already has the indexes trying to repair some of the October damage. With a big up day on the NASDAQ, stocks are trying to rally. The $COMPQ was up 1.75% and the $RUT was up 2.2%! Apple gave us a great report after the close... Read More
