Author Archives: Trader

Painted Pony (PONY.TO) bouncing off major support

If you like Painted Pony, this is your entry point

Painted Pony bouncing from major support

Painted Pony 3-Year Candlestick Chart

PAINTED PONY ENERGY LTD.

A growth-oriented Canadian public natural gas producer, operating in the Montney formation in Northeast British Columbia. Painted Pony’s philosophy is to grow through production development drilling for natural gas and natural gas liquids. Read more…………………

Here is the Q3 release………

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Intermediate uptrend and breakout for Brent Crude Oil

Intermediate uptrend for Brent

Brent 3-Year Candlestick Chart

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“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Tentative breakout for WTI crude above major resistance at $55

West Texas Intermediate 3-Year Chart showing the tentative breakout above resistance at $55.

West Texas Intermediate 3-Year Chart

Reference my last chart analysis for WTI.

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

West Texas Intermediate testing major resistance at $55

West Texas Intermediate Crude chart showing the test at major resistance of $55.

WTI Weekly Chart 2012 to 2017

Reference the last chart analysis for WTI

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Mastercard’s net income rose to $1.43 billion for the third quarter, from $1.18 billion in the third quarter of 2016

The weekly 3-year chart tells the story for Mastercard

Mastercard weekly chart showing the major uptrend

https://www.cnbc.com/2017/10/31/mastercard-earnings-q3-2017.html

http://s2.q4cdn.com/242125233/files/doc_financials/2017/Q3/3Q17-Earnings-Presentation.pdf

http://investor.mastercard.com/investor-relations/financials-and-sec-filings/quarterly-results/default.aspx

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Shiller PE Ratio for the S&P 500 at the higher end of the scale

Shiller PE Ration long-term chart

Current Shiller PE Ratio: 31.42 +0.03 (0.09%)
4:02 pm EDT, Tue Oct 31
Mean: 16.80
Median: 16.14
Min: 4.78 (Dec 1920)
Max: 44.19 (Dec 1999)
Shiller PE ratio for the S&P 500.

http://www.multpl.com/

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

Qualcomm testing major support at $50

Qualcomm testing major support around $50

The stock has faced headwinds as indicated by the chart and now more negative news today.

Qualcomm shares tumble amid reports that Apple might drop its chips

Update November 1, 2017: Qualcomm releases quarterly results.

Update November 3, 2017: Broadcom Plans Unsolicited Bid for Qualcomm

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca

S&P 500 historical PE Ratio

This chart is the starting point for a valuation discussion

S&P 500 historical PE ratio

http://www.multpl.com/

______________________________

“Technical Analysis is about putting the probabilities on your side.”
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.
© 2017 TradeOnline.ca