Looking For Clues

We've discussed the strength of the overall U.S. stock market numerous times as supported by the very positive internal statistics.  Advancing versus declines, new highs versus new lows, numbers of stocks in the positive bullish percent column, all have been  supportive of the strong advance since mid November.  The lack of volatility is the real … Continue reading Looking For Clues

Tesla TSLA

Tesla has been one of the most compelling stories in the stock market over the past two to three years. The stock price moves have matched that excitement.  As the company tries to wrest the auto industry away from the gasoline and gear paradigm to the IPhone on wheels model, skepticism and optimism have taken their turns at dominating the price … Continue reading Tesla TSLA

Canadian Small Caps, PHX

The buoyant overall equity markets have created positive spillover effects on Canadian small caps as well.  The strong markets have resulted in dozens of smaller resource based issues that have been pulled along by presumptive optimism. We examine a small TSX resource company, PHX, that looks technically well positioned for a push higher.   PHX is showing positive price action rising … Continue reading Canadian Small Caps, PHX