The Canadian TechnicianJanuary 20, 2022 at 08:36 PM
It's been a rather traumatic start to 2022. The $SPX lodged a new high for the year on the second trading morning of 2022, and it's been moving lower since then. Ouch! I've marked the chart up with a red arrow pointing to the top. The red lines are equidistant moves...Read More
The Canadian TechnicianJanuary 14, 2022 at 05:10 PM
Commodities have being doing well to start off 2022. I have been hammering the drum on energy and copper throughout December and into January; this trend is just breaking out from some consolidation...Read More
The Canadian TechnicianJanuary 06, 2022 at 12:58 PM
The stock market has been pushing on the Federal Reserve to recognize the inflation going on behind the scenes. After the minutes came out on Wednesday, the subsequent discussion was centered on the inflation that is building under the surface...Read More
The Canadian TechnicianDecember 31, 2021 at 01:16 PM
In one of the greatest stock rallies ever, 2021 will go up in history as an easy market to make money. The chart opened on the lows, closed on the highs and never had a 10% pullback...Read More
The Canadian TechnicianDecember 15, 2021 at 05:45 PM
The market is really testing a lot of traders this month. Most of the bullishness is being eroded as the technology traders keep getting pushed lower in many of the Nasdaq 100 names. Lots of the big leaders have wiped $100 off their stock price...Read More
The Canadian TechnicianNovember 22, 2021 at 12:47 AM
The market had some real weird underpinnings this past week. The Nasdaq 100 and the $SPX closed up, but the $NDX outperformance was almost a complete disconnect from the underlying market of stocks. A stellar jump of 2.3% was the best major index in the world...Read More
The Canadian TechnicianNovember 11, 2021 at 08:45 PM
In recent weeks, I have been talking about Gold and Silver, which all started with the Silver making a low in late September. This article is a review of silver for technicians. However, I will also demonstrate that the pattern I look for shows up on a lot of charts...Read More
The Canadian TechnicianNovember 06, 2021 at 12:21 PM
In a market where stocks are moving higher, this was a wild week. Not just to the upside, but the number of stocks that were smoked by big drops in their stock prices was large this week...Read More
The Canadian TechnicianOctober 25, 2021 at 11:19 PM
After oil accelerated from near zero last year, it reached $85 for the first time in 7 years. A few things are really interesting on the chart. I would have expected the purple relative strength to have a lot steeper slope...Read More
The Canadian TechnicianOctober 22, 2021 at 01:45 PM
Last week, I wrote how bullish I was on Copper. It had been breaking a downtrend, and seemed ready to pop...Read More
