The Canadian Technician November 25, 2022 at 12:56 PM
As the market changes from bear to bull, there should be a market rotation away from defensives. While defensives and financials are still performing well, Industrials are also leading the way... Read More
The Canadian Technician November 18, 2022 at 11:35 AM
The commodities tried to rally, but stalled this week at very important technical locations. For example, the Invesco DB Commodity Index Tracking Fund (DBC) weekly chart doesn't look very good. The StockCharts Technical Ranking (SCTR) is plummeting after 1... Read More
The Canadian Technician November 14, 2022 at 08:20 AM
I had a long discussion with a great friend today about cryptocurrencies, Decentralized Finance (DeFi), Centralized Finance (CeFi), and the exchanges that are part of the landscape. He understands way more than I do on the subject... Read More
The Canadian Technician November 11, 2022 at 03:15 PM
On Thursday, many charts around the world broke out. If it is a bear market rally, it's a very convincing one. I saw a nice list from Charles Schwab that shows how many of these super surge days there have been and if they were in a bull or bear market... Read More
The Canadian Technician November 04, 2022 at 06:41 PM
In what could only be described as a weird week, it was difficult to keep a pulse on what was going on. Tech name after tech name continued to be decimated. The Nasdaq made a lower closing low on Thursday, only to end up bouncing up 1.5 % Friday afternoon... Read More
