Tradable Lows in the Canadian Technology Sector Understanding market technicals becomes a very important tool when emotion takes over and price swings don’t make sense. This is especially true during times of uncertainty and periods of market volatility like we’re experiencing now. Many people consider technical analysis voodoo and refer to it as people drawing lines on a stock chart. Although the drawing lines part might be true, technical analysis is about documenting investors psychology. Resistance and support levels, trendlines, market breadth and the VIX (market volatility index) are all created by fear and greed (people’s emotions). My job as a chartist is to documentRead More →

MY JOURNAL FOR WEDNESDAY MORNING – DECEMBER 4, 2019 NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS Logarithmic Scale vs. Arithmetic Scale – 5i Research 📰 If you’re familiar with my work, you know I’m a huge proponent of momentum investing. For those of you who don’t know, momentum investing is a strategy where the objective is to profit from the continuation of trends. The term “trend is your friend” derives from the theory that stocks trending in one direction will continue to go much higher than assumed possible. In other words, great companies with a proven track record tend to continue to perform well. The difficultyRead More →

MY JOURNAL FOR TUESDAY MORNING – DECEMBER 3, 2019 NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS Winpak’s Landscape – 5i Research 📰 Winpak (WPK) is a vertically integrated manufacturer and distributor of packaging materials and related packaging machines. Perishable foods and beverages account for more than 90 percent of sales during 2018 and 2017. Other markets WPK serves include medical, pharmaceutical, personal care, industrial and other consumer goods. Management had previously identified pharmaceutical as their target market for growth. The recent acquisition of the Control Group, which specializes in printed packaging solutions to the pharmaceutical, healthcare and personal care industries, was well-received by shareholders. The priceRead More →

MY JOURNAL FOR THURSDAY MORNING – NOVEMBER 28, 2019 NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS Be Aware of Crowd Psychology – 5i Research 📰 Schiller’s dictum – “Anyone taken as an individual is tolerably sensible and reasonable – as a member of a crowd, he at once becomes a blockhead.” At a time when many retail investors use tools like social media as a resource to find investment information, understanding crowd psychology becomes crucial. My daily interactions on social media can be summed up best by Economist John Kenneth Galbraith, “We have two classes of forecasters: those who don’t know and those who don’t knowRead More →

MY JOURNAL FOR TUESDAY MORNING – NOVEMBER 26, 2019 NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS Three Trend Following Ideas – 5i Research 📰 This quote is from my favourite podcast Top Traders Unplugged, “simplicity is the ultimate sophistication”. The philosophy is explained in Barkha’s November 8th blog titled: Why buying at all-time highs is a good strategy. Below are three trends following ideas that fit the strategy perfectly. – READ MORE Dwight Galusha, CMT, is a contributor of 5i Research, a conflict-free investment research provider for retail investors offering research reports, model portfolios and investor Q&A, which is available to try for free (Click Here). Norbord,Read More →

MY JOURNAL FOR MONDAY MORNING – NOVEMBER 25, 2019 NEWS, BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS Five examples of how investing in what you know can make you a fortune – 5i Research 📰 Peter Hodson: These ‘common sense’ stock ideas were just staring us in the face For this column we are going to channel Peter Lynch, who liked to invest in what he knew. Hang on, as we are going to get personal here, as we walk you through our past couple of weeks highlighting some “common sense” stock ideas that were just staring us in the face. Apple Inc. (AAPL on Nasdaq) IRead More →