Some traders may be hesitant to buy a stock that’s just hit a new all-time high. But personally, I hunt for these types of trades because they often represent low-risk/high-reward opportunity. Often, stocks trading at new highs continue to advance because there’s no historical technical resistance in sight. Read More
Melvin Pasternak, Ph.D., is an experienced market technician. He designed a course for TD Waterhouse titled "Winning in the Stock Market," which combined intensive technical and fundamental analysis to uncover how to profitably beat the market. Dr. Pasternak was a professor at the Mount Royal University in Calgary, Alberta, for more than 25 years. In 2006, after retiring, he published his book on candlestick charting, 21 Candlesticks Every Trader Should Know. Due to his trading expertise, he has been interviewed several times by CBC Radio-Canada and the Calgary Herald.
Analyst Articles
When a company decides to split its stock, it’s usually a good sign for shareholders. For one reason or another, the company has decided it would like more shares outstanding on the market. This is usually accompanied by a run-up in the share price… Read More
If you’ve read my wife, Carla Pasternak’s High-Yield Investing newsletter or her free Dividend Opportunities publication, you know she spots investment trends with uncanny accuracy. Carla’s trend-spotting ability also carries over to her fashion choices. She prefers the latest styles — especially when hitting the gym,… Read More
If you follow the foreign exchange markets, you are probably aware of the Canadian dollar’s rise against its U.S. counterpart. Canada’s currency has now eclipsed the value of the U.S. dollar — it now takes roughly $1.05 U.S. dollar to buy one Canadian “loonie.” The rising… Read More
The Best Way to Trade Gold RIGHT NOW
April 11, 2011
Gold is one of the most malleable and least reactive elements known to man. It’s used for... Read More
Gold is one of the most malleable and least reactive elements known to man. It’s used for both practical and symbolic purposes. Historically, gold has been one of the most common forms of... Read More
Here’s a Low-Risk Trade to Make 21%
March 31, 2011
China’s GDP growth is projected by the Chinese Academy of Social Sciences to be 9.9% this year, making it by far the fastest-growing economy in the world. Although Chinese “A” shares, shares of mainland China-cased companies, are generally… Read More
The Best Solar Stock to Own Right Now
March 28, 2011
In my recent article The Perfect Way to Short Nuclear Power Stocks, I describe how the nuclear crisis in Japan is negatively impacting nuclear power companies worldwide, providing potentially profitable trading opportunities. However, another way to profit from the ongoing nuclear crisis is to invest in… Read More
The Perfect Way to Short Nuclear Power Stocks
March 17, 2011
About 20% of the world’s energy supply comes from 440 nuclear power plants, located in 25... Read More
About 20% of the world’s energy supply comes from 440 nuclear power plants, located in 25 countries around the world. About 12% of these nuclear reactors are in Japan. As the headlines... Read More
In the 1920s, about 40% of the U.S. labor force worked on farms. Today, less than 2% of U.S. workers are employed in agriculture. The United States increasingly relies on imported agricultural goods for any number of products. Recently, inclement weather across the globe has caused a… Read More
Oil Tensions in the Middle East Could Lead to 32% Gains from This Trade
February 28, 2011
First Egypt erupted, then Libya exploded. Investors might certainly wonder where the next Middle East powder keg will ignite and what effect it will have on crude oil prices. Analysts speculate there is already a $10-a-barrel “risk premium” built into crude, and that premium can go even higher if the… Read More