Author Archives: Trader

S&P 500 struggling to hold the tentative breakout above the all-time high

S&P 500 at all-time high

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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.

© 2019 TradeOnline.ca InvestOnline.ca

A&W Revenue Royalties Income Fund Announces Strong First Quarter 2019 Results

This is a window into the QSR industry in Canada. Same store sales growth was impressive at +10.0% for the quarter.

A&W chart showing a major uptrend.-05-03-A-W-Revenue-Royalties-Income-Fund-Announces-Strong-First-Quarter-2019-Results

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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.

“Technical Analysis is about identifying trends”

© 2019 TradeOnline.ca InvestOnline.ca

TSX Index at all-time high and is struggling to hold the major support zone

Which is above the old intra-day high of 16,586 or the old closing high of 16,567. The best we can hope for in the near-term is a consolidation above this support zone.

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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.

© 2019 TradeOnline.ca InvestOnline.ca

Rogers Communications (RCI/B.TO) at major support

Rogers Communications Inc. released Q1 2019 on April 18, 2019. Traders sold-off the stock in reaction to the release. Rogers is now testing the major support zone near the 200-day moving average. Rogers generated substantial cash flow from operating activities of $998 million this quarter, up 13%, and free cash flow of $405 million this quarter, down 8%. I rate the stock a buy and this is a good entry point.

Rogers Communications weekly chart showing major support zone.
Rogers Communications daily chart showing major support zone.

Here is the MD&A for the Q1 2019 release

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(unaudited)
Three months ended March 31, 2019 and 2018

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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.
“Technical Analysis is about identifying trends”
© 2019 TradeOnline.ca InvestOnline.ca

Breakout for Crescent Point Energy (CPG.TO)

Finally, a breakout for Crescent Point Energy

https://www.crescentpointenergy.com

https://www.crescentpointenergy.com/invest/financial-reports

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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.
“Technical Analysis is about identifying trends”
© 2019 TradeOnline.ca InvestOnline.ca

Breakout for Corus Entertainment after Q2 2019 release

Corus Entertainment chart

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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.
© 2019 TradeOnline.ca InvestOnline.ca

Breakout for Emerging Markets EEM ETF at $44

Trading above 200-day average with the 50-day trading above the 200-day. It is good to see foreign markets start to participate in the 2019 U.S. rally.

Emerging markets EEM ETF showing the breakout above $44

iShares MSCI Emerging Markets ETF

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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.
© 2019 TradeOnline.ca InvestOnline.ca

10-Year US Bond testing major support zone

Intermediate downtrend, trading below 200 day, trading below 50 day, and 50 day is trading below 200 day. Enjoy your day!

10-Year US Treasury Yield test major support zone.

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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.

© 2019 TradeOnline.ca InvestOnline.ca