The Canadian Technician

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A Double Take On A Double Double

by Greg Schnell

Tim Hortons (THI, THI.TO) needs no introduction to the Canadian market. The little donut chain that could continues to sell double doubles. Tim Horton's confirmed it was being acquired by Burger King (BKW) this week... Read More 

The Canadian Technician

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The Ice Bucket Challenge And Your Stock Portfolio

by Greg Schnell

One of the best marketing campaigns in years has sprung from the ALS organization. We have all heard about the Ice Bucket Challenge. In July 2014 it was not a search term. By August 25, 2014 it seems the world knows about it... Read More 

The Canadian Technician

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Rona (RON.TO) Follows Home Depot and Lowes Higher

by Greg Schnell

Rona (RON.TO) has been working to deal with the competitive power of Home Depot (HD) and Lowe's (LOW) as they have continued their push into the Canadian DIY and contractor markets... Read More 

The Canadian Technician

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SCTR Becomes Even More Powerful

by Greg Schnell

The SCTR ranking system is by far my most powerful indicator. It got another boost this week and so did the Market Carpets. The SCTR got put on the Market Carpets as one of the drop downs... Read More 

The Canadian Technician

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When Wood Rocks!

by Greg Schnell

Looking at the Largest Percent gainers on the $TSX box on the home page, we see the lumber related stocks start to move constructively today on the housing starts report for July. 5 of the top 10 are lumber related... Read More 

The Canadian Technician

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Highly Correlated Markets Create An IntraDay Splash!

by Greg Schnell

Back in March, all the high momentum stocks sold off meaningfully and there was a great debate about why on the financial media sites. Let's discuss why the momentum of these stocks becomes more important than the price/earnings at a given point in time... Read More 

The Canadian Technician

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The Miners Canary Just Fell Over. ($SPTMN) What Now?

by Greg Schnell

No wonder miners gave up on using candles for illumination and went to battery powered helmets. The Canadian Mining Index Chart ($SPTMN) is riddled with technicians signals for illumination based on candles and almost every typical bullish candle pattern has been snuffed out... Read More 

The Canadian Technician

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Lumber ($LUMBER) Builds A Base

by Greg Schnell

Just when things look desolate for the lumber industry, $LUMBER turns higher. One of the critical points today, is that Lumber ($LUMBER) soars through the neckline of a base. First of all the SPURS are breaking out in Purple at the top... Read More 

The Canadian Technician

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Is Air Canada On Final Approach?

by Greg Schnell

Air Canada (AC/B.TO) has been a phenomenal stock for the last 2 years. From July 2012 to July 2014 the stock went from $1 to over $10 for a 1000% gain. I recently covered off the stock in June, but today is a compelling day to look at the stock... Read More