West Texas Intermediate 3-Year Chart
Reference my last chart analysis for WTI.
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Tentative breakout for WTI crude above major resistance at $55
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West Texas Intermediate testing major resistance at $55
WTI Weekly Chart 2012 to 2017
Reference the last chart analysis for WTI
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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
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
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
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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
Shiller PE Ratio for the S&P 500 at the higher end of the scale
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.
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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
Qualcomm testing major support at $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
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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
Why invest in the TSX Index when you have the S&P 500?
Resource stocks and banks make-up the bulk of the TSX Index.
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The S&P 500 Index is divided about equally between 10 sectors
https://www.thebalance.com/what-are-the-sectors-and-industries-of-the-sandp-500-3957507
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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
Near-term downtrend for the Canadian dollar
Canadian dollar will test support around $0.7700 near the 200-day moving average
Canadian Dollar Weekly Chart
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