MY JOURNAL FOR WEDNESDAY – September 28, 2022
NEWS, BREAKOUTS, MOMENTUM PLAYS & BOTTOMS
Financials Wobble | Greg Schnell, CMT | Market Buzz (09.28.22)
The bank stocks are starting to break to new lows. This is concerning. Greg goes through some market charts and then concludes with the potential trouble in the banking sectors.
Welcome to Osprey Strategic
Nearly a Decade of Experience in the Financial Markets
Greg Schnell, CMT, MFTA, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and recent winner of the CSTA’s Technical Analyst of the Year. He is an active member of both the CMT Association and the International Federation of Technical Analysts.
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BREAKOUTS, MOMENTUM PLAYS, & BOTTOMS
ABST.TO – Absolute Software Corp.
CMG.TO – Computer Modelling Group Ltd.
ESE.V – ESE Entertainment Inc.
PET.TO – Pet Valu Holdings Ltd.
PRQ.TO – Petrus Resources Ltd.
TIXT.TO – TELUS International Inc.
MOMENTUM ALERT SIGNALS
A month ago, the Nasdaq Chart was in the bottom right corner. Tech layoffs were being announced, and the CEO/CFO/CIO teams were preparing for a terrible 2023. A month later, the market looks almost silly, …
The market has had a strong start to 2023 and numerous indicators have broken out above bear market levels. Greg walks through some of those charts that he shares with clients. The PLUMB system created …
MY JOURNAL FOR FRIDAY – JANUARY 13, 2023 NEWS, BREAKOUTS, MOMENTUM PLAYS & BOTTOMS Trend following, risk management & long term survival w/ Jon Boorman (stock trader) EP 043: Buying stocks in uptrends, managing risk, …
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