S&P 500 testing major support around 2400

S&P 500 testing major support at 2400

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Technical Analysis is about identifying the trend

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.

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10 Year U.S. Treasury Note Yield reached an all-time low

Investors are moving to safety which bids the note up and the yield down to 1.33% 10 year treasury note yield at all-time low

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Technical Analysis is about identifying the trend

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.

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S&P 500 will test major support around 3065

Published February 25, 2020: The 3065 level is at the 200-day moving average. It also would represent a 10% correction. A confirmed breach below this major support level would necessitate a chart update with Fibonacci Retracement Levels. At that point, 2400 could be in the cards.  Weelky chart of the S&P 500 showing major support around 3065

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

LeBron James tops the Instagram’s NBA Rich List

James makes $300,850 per sponsored post, almost double the amount of the next player on the list, Golden State Warriors guard Stephen Curry, who makes $155,100. LeBron’s salary from the Lakers this season is $37.4 million, the 6th highest mark in the NBA.The season usually comprises 82 games, played from October to April. https://www.marketwatch.com/story/lebron-james-earns-more-from-two-instagram-posts-than-he-does-for-a-whole-nba-game-2020-02-07

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Technical Analysis is about identifying the trend

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.

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Canadian society is aging

Canadian population in aging
As a result of increasing longevity and decreasing fertility, Canadian society is aging rapidly. In 1982, the median age in Canada was 30. Today it is 41. There are now more people 65 and older than people 14 and younger in Canada, and that will widen in the years ahead.
https://www.theglobeandmail.com/opinion/article-older-longer-the-super-aging-of-canadians-has-taken-everyone-by/

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

Canada’s household debt burden

Canada's household debt burden

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

Transcontinental (TC) testing major resistance near $16

TC will not the blow the numbers out of the park on the top line but the company is solid and the dividend of 5.53% is sustainable. I have an intermediate target  (6 months) of $21. Transcontinental weekly chart with intermediate uptrend https://tctranscontinental.com/investors/recent-quarterly-results

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

TSX sector weights are changing

TSX sector weights https://www.bnnbloomberg.ca/planes-trains-autos-eclipse-miners-in-fabric-of-canadian-market-1.1375857

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca