The Canadian Technician November 30, 2016 at 11:23 AM
The Canadian Energy sector got a major boost on Tuesday. The Canadian government allowed two existing pipelines to be upgraded but blocked the new pipe proposal from Enbridge. This announcement coincided with the OPEC meeting... Read More
The Canadian Technician November 26, 2016 at 12:09 PM
Knight Therapeutics (GUD.TO) has broken out to new all time highs since its 2014 IPO. Why is this important? Well any investor currently holding the stock is in a profit position. This means they are less likely to sell their winners... Read More
The Canadian Technician November 21, 2016 at 03:39 PM
Agrium (AGU.TO, AGU) recently announced a merger with Potash Corp. (POT.TO, POT). The merger is expected to be completed by mid 2017. Looking through the stocks in the fertilizer industry group, there are some positive signs showing up... Read More
The Canadian Technician November 16, 2016 at 10:39 AM
Recently, the market has experienced a Trump Jump on the back of the overnight lows on election day. Surging forward, anyone who had either pulled back from the market or was caught watching and waiting has seen the $INDU chart up 5 days in a row since the election... Read More
The Canadian Technician November 15, 2016 at 11:48 PM
For Canadians, one of the most important aspects of our economy is the close relationship we have with our neighbour, the United States. Understanding where the US Dollar is going is a large part of the Canadian investor's landscape... Read More
The Canadian Technician November 14, 2016 at 11:23 AM
Cameco (CCO.TO, CCJ) has been in a downtrend for so long, only the most stubborn investors are still in the stock. This stock is set up for a very interesting turn of events. Looking at the USA ticker (CCJ), the results are similar... Read More
The Canadian Technician November 07, 2016 at 09:05 AM
One of the signs of a bull market is when all the indexes are making new highs within a few days of each other. One of the signs of market weakness shows by having different indexes not confirm new highs together... Read More
The Canadian Technician November 02, 2016 at 05:30 PM
The Toronto Stock Exchange ($TSX) has some worrying technical conditions this week. First of all, on a large 18 month chart, we appear to be breaking the trend line up. It also looks like we have a failed breakout above previous resistance... Read More
