Commodity prices are surging. But rather than recommending a pure commodity play for this week’s trade, I’m intrigued by a stock that not only benefits from strong commodity prices, but also more profits for farmers. And with farmers seeing fatter… 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
A Top Trade for a Sluggish Economy
My trading idea for this week is a company that is experiencing rising sales and profits, despite the weak overall economy in the United States. The company is experiencing a steady flow of orders, cutting costs, and has been able to pay a… Read More
How To Profit From All-Time High Gold Prices
As anxiety over U.S. economic performance increases, so too does the price of gold. Surging to more than $1300 per ounce, the precious metal hit a new record the September 20th trading week, following news that the Federal Reserve may undertake quantitative easing to combat the threat… Read More
Solid Fundamental and Technical Signs Could Lead to Double-Digit Profits From This Well-Known Stock
Sometimes you don’t have to scour the market for a good trade. Occasionally, it can be found in some of the most visible stocks on the market. Clorox (NYSE: CLX), also known as “the bleach company,” looks to be one of those trades. As a top manufacturer… Read More
A Way for Traders to Profit from Failing Banks
As the economy continues to slide, regional banks are failing at an alarming rate. So far, in 2010, 109 banks have failed. This brings the total number of bank failures since 2007 to 277. As a result, many regional banks… Read More
America’s largest producer of crushed stone, sand and gravel appears as if it could get crushed itself. Concrete and asphalt maker Vulcan Materials (NYSE: VMC) recently reported disappointing second quarter results below analysts’ expectations. Higher material costs and lower product pricing negatively affected the results. Read More
Get Ready to Short this IT Firm
This could be a tough year for Unisys Corp (NYSE: UIS). As a global information technology (IT) company, Unisys conducts IT outsourcing, systems integration and computer infrastructure maintenance for government agencies, commercial organizations and financial companies worldwide. However, with the evolution of computer server… Read More
The Medical Stock I’m Shorting Now
It’s not a stretch to figure out from its name that Conceptus (Nasdaq: CPTS) is a leading player in the birth control market. Its mainstay procedure, called Essure — which can be performed without general anesthesia at a doctor’s office in less than 10 minutes — received… Read More
Here’s a weight-loss product that helps slim bulging waistlines but can fatten your trading portfolio. Herbalife (NYSE: HLF) is a leading weight management company that sells diet shakes, snacks and nutritional supplements. Nearly two-thirds of Americans currently battle obesity, and the demand for weight-loss… Read More
Technically, there is a strong possibility we are entering a “Stage III” topping process that would precede a bear market. Given this outlook, I am looking to profit by searching for technically weak stocks and… Read More