The Canadian Technician August 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 Technician August 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 Technician August 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 Technician August 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