514-393-3653 info@phases-cycles.com

Barron’s – Market View

The first half of July saw the S&P 500 get to and stay above the 2,960 level, move through 3,000 and make several more new all-time highs.  The platform for further advance that we spoke of is under construction.  The NASDAQ and Dow Industrials also caught up and...

What the Charts Say- Knowles Corp

Knowles (Friday’s close $19.66) declined from $33.82 in August 2014 (not shown) to $9.68 in February 2016 (A) and then settled in a large multi-year trading range mostly between $12.00 and $20.00 (dashed lines).  A sustained rise above $20.50-21.00 would signal a...

What the Charts Say – Agnico-Eagle Mines

Agnico Eagle Mines Ltd. (Friday’s close $67.14) rallied from $27.63 in mid-2015 to $78.35 in mid-2016 (A-B). It reversed the rising trend when it fell below its 40-week Moving Average (40wMA – C) and started a new down-trend (dashed line). The stock remained below the...