by Ron Meisels | Jun 29, 2017 | News, Press
This could be the bull market’s last hurrah Ron Meisels says market could go up another 10% before bears take charge. By HOWARD GOLD, COLUMNIST We’ve heard it over and over again, for years: This bull market is getting long in the tooth. It just celebrated its eighth...
by Ron Meisels | Jun 29, 2017 | News, Press
Market Forecasts: Phases & Cycles had an excellent year of forecasting the major direction of both the New York and Toronto markets. As the year began, our January 5th, 2016 Market Comment pointed the way: “THE OUTLOOK FOR 2016: THE BULL MARKET IS BRUISED BUT...
by Ron Meisels | Jun 29, 2017 | News, Press
Terex Corp. declined from $45.46 to $22.01 (A-B), had a recovery rally to $29.32 (C) and then settled in a bullish technical pattern known as a V-Extended (dashed lines). The subsequent move above this formation (D) signalled the breakout from the pattern. The stock...
by Ron Meisels | Jun 29, 2017 | News, Press
Canadian Utilities declined from $44.27 to $29.49 below its falling 40-week moving average (40wMA). In early 2016, it rallied above its average to signal the start of a new up-trend (dashed line). After a minor correction to support near ±$35 (C), the stock resumed...
by Ron Meisels | Jun 29, 2017 | News, Press
Starbucks () rallied from $35.38 to $64.00 (A-B), pulled back to $52.63 in early 2016 (C) and then settled in a horizontal trading range mostly between $53 and $59 (dashed lines). The recent rise above $60 (D) signalled a breakout from the trading range and the start...
