The Canadian Technician February 25, 2022 at 03:17 PM
After a big rally on Thursday, the market is trying to hold and consolidate heading into the weekend. With volatility still high, I'm looking around for what to invest in. I noticed a couple of gaming names popping up. Churchill Downs (CHDN) had a huge day on Friday... Read More
The Canadian Technician February 22, 2022 at 09:59 AM
The chart below from Friday for the Nasdaq Composite is awfully weak. A few bearish points of interest are on the chart. The 50-day moving average (DMA) is moving below the 200 DMA shown in the circle. That's not good... Read More
The Canadian Technician February 10, 2022 at 12:53 PM
The lows were put in on January 24th, and we continue to make higher lows coming out of the base. I must admit it is a rather tentative market for the large-cap tech names. First of all, one chart I am watching is GOOGL, which I bought on the pullback after the earnings release... Read More
The Canadian Technician February 01, 2022 at 12:36 PM
After a rough January, investors are on watch for a much better trading environment in February. We've had a few storytime illnesses hit in January... Read More
