The Canadian Technician

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Is Lumber Out of Its Slumber?

by Greg Schnell

Lumber has been on a remarkable ride this year. Up 6x on the lows of last year, it quickly plummeted to being less than a double. What I find important to recognize is that the chart bounced off support at $440 and is now up $100 from the low in a week... Read More 

The Canadian Technician

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Some Winners are Starting to Lose

by Greg Schnell

Investors have continued to see the march to all-time highs progress with fewer and fewer stocks following along. This was really the first week where we saw selling in the large-cap names... Read More 

The Canadian Technician

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Sector Rotation is Getting Discouraging

by Greg Schnell

Some of my regular breadth indicators are getting stronger, but others are getting weaker. Below is a chart so out of sync with history it's almost like the indicator is broken... Read More 

The Canadian Technician

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Is This the Higher Low?

by Greg Schnell

The market has really been a tale of two tapes this week. On Wednesday, the Dow Jones Industrial Average dropped 290 points while the Nasdaq continued higher. By late Thursday, the Nasdaq was pausing and the Dow was climbing... Read More