How to turn a profit with puts following a technical rejection
October 11, 2018
Bearish Outlook

How to turn a profit with puts following a technical rejection

How to turn a profit with puts following a technical rejection As the following chart shows, the price of shares in Linamar Corporation (LNR) surged to a resistance level of $65 after a free trade agreement was reached with the U.S., and it has since been on a steady decline. This response, which does not bode well, could bring...

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1 week ago
Commitment to Buy Stock Through a Ratio Spread
September 25, 2018
Bullish Outlook

Commitment to Buy Stock Through a Ratio Spread

As you can see in the following chart, the price of shares in Canopy Growth Corporation (WEED) appears to be stabilizing, for now, in a range between a high of $74.45 reached on September 5, 2018 and its most recent low of $52.80, reached on September 14. We can also see that its high of $48.72 on June 22 may represent a...

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4 weeks ago
How to benefit from the rising vapors of cannabis
September 13, 2018
Bullish Outlook

How to benefit from the rising vapors of cannabis

The cannabis market has been booming since August 15, 2018 when Constellation Brands Inc. announced a major $5 billion investment in Canopy Growth Inc. (WEED). Since then, the stock has shot up 132.6% from a low of $32.01, and it recently topped out at $74.45. Its closest competitor, Aurora Cannabis Inc., has ridden the same...

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1 month ago
Writing put options based on a 50-day moving average
August 21, 2018
Bullish Outlook

Writing put options based on a 50-day moving average

As the following graph shows, the stock of Colliers International Group (CIGI) has begun a slight correction following a strong bullish trend that began in February, and it has now landed right on its 50-day moving average. Its RSI and the stochastic oscillator are trending upwards, so the bullish trend will be confirmed if the...

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2 months ago
Purchasing put options based on a bearish flag
August 14, 2018
Bearish Outlook

Purchasing put options based on a bearish flag

As the following graph shows, in July 2018, Shopify Inc. cl. A (SHOP) reached a double peak at around $230. This slowed its momentum, with the stock subsequently falling to $172.90 to climb back up to its current level, $195.81, by Friday, August 10, 2018. This rally, which looks very much like a bearish flag, may be...

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2 months ago
Writing call options on a second peak
July 25, 2018
Neutral Outlook

Writing call options on a second peak

As the following graph shows, the price of shares in Restaurant Brands International Inc. (QSR) has performed very well since bottoming out at around $68 in April 2018. QSR is trading at $85.20 at this writing, so it is near its previous high, in the $86 to $88 range. As we can see, the overbought and negative divergence...

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3 months ago
Selecting the Optimal Call Options
July 10, 2018
Bullish Outlook

Selecting the Optimal Call Options

As the following chart shows, the price of shares in Rogers Communications Inc. cl. B (RCI.B) has just broken through $63, which has been a major resistance level since April. While there can be no guarantees, this bullish trend could take the stock to another resistance level over the next few months, at around $70.  ...

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3 months ago
Setting up a bear call spread hedge using call options
July 04, 2018
Bearish Outlook

Setting up a bear call spread hedge using call options

As the following graph shows, the price of shares in Canadian Pacific Railway Limited (CP) has just fallen below its 13 and 34-day moving averages and appears to be stabilizing at around $240. The graphs also show that the stochastic oscillator (the bottom graph) is clearly trending downward. Even though the stock may rally, it...

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4 months ago
Taking advantage of a bull triangle
June 20, 2018
Technical analysis

Taking advantage of a bull triangle

As the following graph shows, the price of shares in Colliers International Group (CIGI) has clearly been on a bullish trend since the stock bottomed out at $58.51 on September 19, 2017. We can see that the 200-day moving average (in red) provided support when the price fell in February 2018, and that, throughout the series,...

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4 months ago
Selecting the Optimal Put Option
May 29, 2018
Technical analysis

Selecting the Optimal Put Option

As the following graph shows, the price of shares in CGI Group Inc. (GIB.A) has reached an all-time high. We can also see that the RSI (Relative Strength Index) indicator and the stochastic oscillator (%K) are both in oversold territory. In the past, this has been followed by corrections that brought the stock price back down...

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5 months ago