The Canadian TechnicianOctober 15, 2021 at 11:22 AM
For a technician, today's flag pattern is an absolute gem. The hardest part for an investor is having the patience to sit through a flag as it develops. But that patience is rewarded when the flag finally breaks out in a continuation of the prior trend...Read More
The Canadian TechnicianOctober 05, 2021 at 12:38 AM
I recently rode on the Rocky Mountaineer train through the Canadian Rockies. This article is another in the series from the railway track point of view. The potash business is one of those businesses that relies on the railway. I want to focus on the potash companies this week...Read More
The Canadian TechnicianOctober 01, 2021 at 01:06 PM
I rode the Rocky Mountaineer last week and learned a lot more about the railway business being up close and rolling on the CP and CN rail lines. It was a very informative trip for me. As we sat in the rail yard near Vancouver, we looked up at the Port Mann bridge...Read More
The Canadian TechnicianSeptember 24, 2021 at 11:56 AM
The market has tried to rally since the Monday lows, and we all know the difficulty of trying to figure out which rally is the right one to jump on. Every touch of the 50-day has created a market low. This time, the market is wobbling down around the 50-DMA...Read More
The Canadian TechnicianSeptember 13, 2021 at 12:34 PM
Copper is the most important metal in the greening of our energy sources. Lately, the commodity has pulled back, but the copper stocks got smoked...Read More
The Canadian TechnicianAugust 31, 2021 at 10:58 AM
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 TechnicianAugust 20, 2021 at 09:20 AM
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 TechnicianAugust 12, 2021 at 01:41 PM
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 TechnicianAugust 06, 2021 at 12:31 PM
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
The Canadian TechnicianJuly 30, 2021 at 02:49 PM
The dollar sits at a key level. It broke the downtrend, but failed at the breakout to a higher high at 93.5. So far, the dollar looks comfortably on the way lower. Friday's price action is not shown...Read More
