Category Archives: Other Topics

Canadian investors pay the highest mutual fees in the developed world

Mutual funds now have to tell you a lot more about the fees you pay

If you use a financial adviser or hold mutual funds, take a close look at your first statement of 2016. You should notice a few changes. On January 1, Client Relationship Model–Phase 2, known as CRM2 in finance circles, came into effect. This rule forces financial firms to break out the costs associated with an investment on the reports they send their clients. Those managing your money will also have to show whether a fund is subject to a deferred sales charge—a fee an investor pays if a fund is sold before a specific time—and what the penalty would be for selling early.

Read the remainder of the article in Canadian Business magazine.

Gold 5-Year Chart

A pullback to the trendline would have support around 1200
Gold 5-Year Weekly Line Chart showing the trendline and support around 1200

Gold 5-Year Weekly Line Chart

Reference the last chart analysis for gold.

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“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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$20 is now in play for West Texas Intermediate

Major, intermediate and near-term trends are all down
West Texas Intermediate 6-Month Chart

West Texas Intermediate 6-Month Chart

I have posted many charts on WTI. You can reference the long-term charts. WTI is now approaching levels last seen in 2002 to 2004. All one can do now is monitor the near-term trend for the development of a firm support zone.

From a world perspective, the net benefit of cheap oil in more than offset by the negative effect of the uncertainty created. Central bank policy of 0%  money helped fuel an unprecedented exploration boom in the shale fields. Banks loaned money to everyone with a drill bit.  Banks are now carrying impaired loans on their balance sheets. The story is not finished.

Reference my last post for WTI: Will $30 hold?

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Major resistance for gold is 1200

Gold 3-Year Weekly Chart showing the near-term uptrend and resistance at 1200.

Gold 3-Year Weekly Chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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German DAX will test major support zone of 8500

9500 zone is now resistance
German DAX 5-Year Chart showing break below support of 9500

German DAX 5-Year Chart

Reference my chart published on January 12, 2016: German DAX in bear market territory

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Gold chart analysis

Near-term uptrend for gold
Gold 6-month daily chart showing near-term uptrend

Gold 6-month daily chart

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But, major downtrend and intermediate downtrend for gold
Gold 3-year weekly chart shoeing major and intermediate downtrend.

Gold 3-year weekly chart

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Global bond yields the lowest on record

Global bond yields lowest on record

Global Bond Yields 2006-2016

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“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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