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

#-ad_banner-#When President Obama’s armored limousine got stuck in Ireland this May as it exited the U.S. embassy, it was this towing company’s equipment that freed his vehicle, known affectionately as “The Beast.” Since receiving the president’s nod, Miller Industries (NYSE: MLR) — the world’s leading towing and… Read More

Thanks to space age, cutting-edge design, an enigmatic CEO and rabidly devoted customers, Apple (Nasdaq: AAPL) can sometimes give off the aura of a cult. After all, people line up at God-awful hours of the night/morning to buy the company’s shiny little gadgets the first day they hit the market… Read More

Oil and gas drillers have really perked up in the year or so since the Deepwater Horizon oil spill sloshed about 200 million gallons of crude into the Gulf of Mexico. As a group, these stocks have returned nearly 45% in the past 12 months and are up almost 6%… Read More

Active trading is a risky endeavor.  To stay one step ahead of the pack, active investors need to continually monitor existing stock holdings while also researching new investment ideas. It takes a lot of time, and for many, simply parking money into an index… Read More

Who among us hasn’t wished for the stock-picking savvy of Warren Buffett? The stock portfolio of the legendary investor has significantly outperformed the market during his 60- year investing career. Buffett’s advice is so highly regarded that an wealthy avid follower recently paid $2.6 million just to have lunch with… Read More