Author Archives: Trader

S&P 500 hits a new closing high

This is a tentative breakout worthy of a headline but not a trade. Wait for a confirmed breakout. You will know.

New closing high for the S&P 500

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The following chart was published in The Economist

Published in The Economist

https://www.economist.com/finance-and-economics/2018/08/23/americas-stockmarket-passes-a-milestone

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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

WCS discount to WTI

This chart shows the 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

Pizza Pizza (PZA.TO) at major support and yielding 8.20%

Pizza Pizza weekly chart showing major support

Toronto, Ontario, August 8, 2018 – Pizza Pizza Royalty Corp. (the “Company”), which owns the Pizza Pizza and Pizza 73 Rights and Marks, released financial results today for the three and six months ended June 30, 2018.

Second quarter highlights:

Royalty Pool sales decreased 2.6%
Same store sales decreased 3.3%
Restaurant network grew by four locations

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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

Enjoyed the Pfizer ride and still yielding 3.31%

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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

Gold at major support zone

Gold at major support

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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

Utilities up 8.14% over the past month

This could be a defensive play in reaction to the tariff fiasco. Notice the drop in the tariff sensitive sectors of materials and industrials.

Utliities up 8.14% over the past month.

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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

Nasdaq hits record high

Nasdaq hits a record high

Nasdaq 3-Year Weekly Candlestick Chart

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“Technical Analysis is about not being a talking head. Let the chart speak! “
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

S&P 600 small-cap index was the winner in the first half

S&P 600 Index up 8.66%  for the first half of the year.

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“Technical Analysis is about not being a talking head. Let the chart speak! “
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