Carl Christie has traded equities for close to half a century. Thirty-seven of those years were spent on the Toronto Stock Exchange trading floor as a market maker and professional trader. As the Chairman of the Professional Traders Association from it’s inception in 1987 until the TSX trading floor closure in 1997, he represented the trading floor by sitting on numerous TSX standing committees and trading rules committees. Since 1997 Mr. Christie has consulted with publicly traded companies in both an Investor Relations capacity and as a stock trading analyst.
5 Star Trading Tips
To identify bull and bear markets I suggest you follow weekly and monthly charts because they set out the longer-term trends in the major stock indexes. An old market saying is still relevant: “The trend is your friend”.
Worth noting: Usually the duration of the average bull phase is about 28 months and [...]
ECU Silver – Update
As you can see by the attached ECU chart, it has traded back up to the .75 level on pretty good volume. As I mentioned to you in my last ECU e-mail, the 200 day moving average [solid blue line] is extremely important. Presently the stock is just over this line which may prove bullish. [...]
Technical Analysis
Many investors purchase stocks based on their research of a company’s fundamentals, friends offering stock tips or from media hype. However, much of the company’s information available to us via press releases may well be months old. And we often forget to read the warning following Press Releases which reads: ” Neither the TSX, nor [...]
Managing Losses
Most of my trading tips may sound simplistic, merely common sense guidelines which unfortunately are often forgotten or ignored. We all work hard for our money and those funds that we set aside to trade the market can sometimes cause our emotions to take over our reason. If followed, these tips offer you the opportunity [...]
How High Gold ?
How high will the price of gold go?
Back in mid February of this year the price of GOLD broke through the US$1000.00/ounce level This was a milestone and many investors thought that this break through would trigger a bullish stampede into precious metals. However, it was unable to sustain that level and [...]
Key events for the upcoming week: Dec. 7-11, 2009
Monday
October consumer credit report release.
Gerber Scientific Inc. (GRB), Focus Media Holding Limited (FMCN), and The Pep Boys – Manny, Moe & Jack (PBY) are slated to report.
Tuesday
AutoZone Inc. (AZO), H&R Block Inc. (HRB), The Kroger Co. (KR), AeroVironment Inc. (AVAV), CKE Restaurants Inc. (CKR), and The Men’s Wearhouse Inc. (MW) are scheduled to report.
Wednesday
Wholesale inventories [...]
Increased Volumes and Volatility Identified
For those of us that have traded stocks for more than 25 years the one change that startles and amazes us the most is the huge increase in trading volume and ensuing volatility in the marketplace. The NYSE and TSX regularly experience trading sessions where hundreds of millions of shares trade hands. NASDAQ regularly trades [...]
