The Canadian Technician January 28, 2021 at 03:03 PM
We continue to see the vaccination program spread out across the world and the pressure for new supplies is coming hard and fast. It seems everyone who wants a vaccine is suggesting the sooner the better. Others appear to not be interested... Read More
The Canadian Technician January 27, 2021 at 01:43 AM
When I look through the bars and restaurants, I don't see too many charts I like as new investments right now. Most of the charts have extended moves... Read More
The Canadian Technician January 22, 2021 at 11:28 AM
As investors start huddling into the mega-cap techs, there is a lot of churn underneath the surface. I am particularly interested in the new commodity bull market and a couple of specific charts within... Read More
The Canadian Technician January 20, 2021 at 11:42 AM
Recently, the big cap tech names have been consolidating. That seems about to change as "MANGA" names are leading today's rally and are pushing up to the top or above prior ranges. Some nice moves higher as Netflix (NFLX) was the star of its own show... Read More
The Canadian Technician January 14, 2021 at 11:17 PM
All week, I've been highlighting the foreign markets breaking out to new 52-week highs. One of the biggest is the Chinese market ($SSEC) pushing above 3587 to start 2021. A country with 1.2 billion people is soaring to new multi-year highs to start the year... Read More
The Canadian Technician January 13, 2021 at 04:34 PM
While the US market has wandered sideways for a week, I still want to point out the positive price action in the rest of the world as different countries break out to new highs. I mentioned the Amsterdam exchange ($AEX) had broken out in the last article... Read More
The Canadian Technician January 11, 2021 at 11:59 PM
In the article yesterday, I mentioned some North American markets breaking out to new highs to start 2021. Today, I'd like to add a few more. The Brazilian market pushed to new all-time highs to start the year... Read More
The Canadian Technician January 11, 2021 at 03:11 PM
The US market has been dinging the new high bell for a while. But most of the world was still out for lunch in the back half of 2020 and did not have new buyers showing up for work to keep the buying party rolling. Some of that is starting to change as we kick off 2021... Read More
The Canadian Technician January 07, 2021 at 05:28 PM
With the strong political backdrop drawing attention, the stock market continues to move higher. The last week of December saw the market grind sideways. The first three days of this week saw the market test the underside of the previous week... Read More
The Canadian Technician January 06, 2021 at 12:41 PM
With the election in Georgia pointing to a split senate, many of the trade ideas related to the Biden platform took flight on Wednesday. Infrastructure Healthcare Marijuana legalization Green Plan Caterpillar (CAT) is associated with infrastructure buildout... Read More
