Author Archives: Trader

S&P 500 will test major support at 200-day moving average

The major uptrend as defined by the 200-day moving average still prevails until proven otherwise

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Ouch! Monthly average WCS discount to WTI

WCS discount to WTI

http://www.oilsandsmagazine.com/energy-statistics/oil-and-gas-prices

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

U.S. 10-Year Treasury yield closes above 3.10%

10 year treasury surges past 3.10%

Reference the last chart analysis for the 10-Year Treasury when it broke major resistance at 3.00%

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“Technical Analysis is about enjoying the ride and knowing the exit”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Major trend for natural gas is sideways

Major resistance is around $3.00 and major support is around $2.50

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca InvestOnline.ca

Major uptrend for West Texas Intermediate

High probability for another test around $75.00

Chart for WTI showing major uptrend,.

Reference my last chart analysis for WTI.

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca InvestOnline.ca

Growing inequality: Global wealth distribution

Chart showing global wealth distribution

https://www.bloomberg.com/graphics/2018-lehman-anniversary/?srnd=premium

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Where is the bottom for Pizza Pizza (PZA.TO)? $7.00?

Pizza Pizza is trading at $9.48 which is below major support near $10.50. It is yielding 9.03% which is a indication that investors expect a cut in the payout.

Pizza Pizza six year weekly chart showing the break below major support of $10.50

Pizza Pizza (PAZ.TO) 6-Year Chart

Reference my last post on Pizza Pizza.

http://www.pizzapizza.ca/investors/

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

CRB Index 4-year chart

In a report in June, the World Bank calculated that almost all the growth in the past 20 years in global metal consumption, two-thirds of the increase in energy demand and two-fifths of the rise in food consumption came from seven countries: Brazil, China, India, Indonesia, Mexico, Russia and Turkey.

CRB Index 4-year chart

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Here is a longer-term view from 2006

CRB Index chart for the period 2006 to 2018

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The following is an excellent article in The Economist:

https://www.economist.com/finance-and-economics/2018/08/25/global-unease-from-commerce-to-currencies-rattles-raw-materials

Reference the following background information on the CRB Index:

https://en.wikipedia.org/wiki/Thomson_Reuters/CoreCommodity_CRB_Index

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca