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

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

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

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

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