Category archives for: Sectors

Four out of five canadian bank stocks forming descending triangles

Canadian bank stocks have some challenges to deal with when it comes to moving higher.

Fortress Paper Ltd. due for a pullback

It would seem that all the good news has been baked into this story.

Bank of America needs a bounce off $12.30

 

Hi Lou,
What do you think? Is Bank of America Corp (NYSE: BAC) a good value at this point, or am I waiting for a deeper discount before I will consider buying some?
Vincent
 
Hi Vincent,
 
Thanks for the assignment. I recently screened over 60 mid cap U.S. banks for the Trade By Numbers feature published exclusively on globeinvestor.com, so this [...]

Metanor Resources Inc. needs to hold support at $0.48

 
 

Lou,
Wondering if you may be able to provide your insight into Metanor Resources.
Producing, awaiting 43 101, infrastructure value worth more than the stock.
On a weekly chart looks like a head and shoulders but this one is making me break all trading rules of being a wise and discreet. Your help would be appreciated.
Regards
Rob
Hi Rob,
When you [...]

British Petroleum needs higher oil prices to reach $60

I don’t think BP approaches $60 again unless there is a large increase in the price of oil.

Wesdome Gold Mines Range Bound

Nothing suggests a breakout or a breakdown and until volume and production pick up its not likely to move in either direction.

Coastal Energy Co. a good candidate as a trading stock.

As to your question if CEN is a strong hold or a buy I think its a strong candidate as a trading stock.

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