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

HCA

As we've made note of in a previous posting, healthcare issues have lagged many other sectors during the recent advance.  When an issue in an unfavored group exhibits interesting technical signs, we should pay attention. The chart of HCA shown below gives off a number of clues that a trend change is about to happen. … Continue reading HCA