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.
In Greek mythology, Pandora was the first human woman created by the gods. As the gods created her,... Read More
In Greek mythology, Pandora was the first human woman created by the gods. As the gods created her, each gave Pandora a special gift. Apollo bestowed on her the gift of music. Fast-forward about... Read More
Black Friday, Nov. 29, is less than a week away. The iconic day can be described as one of numbers:... Read More
Black Friday, Nov. 29, is less than a week away. The iconic day can be described as one of numbers: Millions of bargain hunters will spend hours upon hours waiting in lines to spend billions to walk... Read More
Throw away your wallet. Toss out all those heavy, antiquated coins. Burn your checkbook. Cut up... Read More
Throw away your wallet. Toss out all those heavy, antiquated coins. Burn your checkbook. Cut up your credit cards. But make sure you keep your mobile phone. It’s how you soon may pay for almost... Read More
I’m a big fan of buying stocks that have recently hit a new all-time high. Clearly they have strong momentum, but the main reason is that, because there is no overhead resistance, they often go higher. And when that bullish chart is supported… Read More
With the threat of a U.S. strike against Syria postponed, a major overhang for the overall market has been removed. The S&P 500 index has again rallied back above its 50-day moving… Read More
Legendary stock picker Peter Lynch used to salivate over what he called 10-baggers — stocks... Read More
Legendary stock picker Peter Lynch used to salivate over what he called 10-baggers — stocks that increased 1,000%. Admittedly, that’s incredible performance, but nothing compared to the... Read More
Legendary stock picker Peter Lynch used to salivate over what he called 10-baggers — stocks... Read More
Legendary stock picker Peter Lynch used to salivate over what he called 10-baggers — stocks that increased 1,000%. Admittedly, that’s incredible performance, but nothing compared to the... Read More
Until recently, I would have avoided regional banks. However, the green shoots of the U.S. recovery... Read More
Until recently, I would have avoided regional banks. However, the green shoots of the U.S. recovery are now sturdy enough that select financial institutions are showing highly bullish charts backed... Read More
Until recently, I would have avoided regional banks. However, the green shoots of the U.S. recovery... Read More
Until recently, I would have avoided regional banks. However, the green shoots of the U.S. recovery are now sturdy enough that select financial institutions are showing highly bullish charts backed... Read More