| X |
: T.V. Program Date YYYY-MM-DD , Stock Symbol |
|
A Commentary |
Market Call (BNN TV) |
2009-07-02 |
$0.020 |
Markets: Each time we move from a secular Bull to a Bear and vice versa, a new theme arises. We are now in a secular downtrend. Thinks there will be an “echo” technology boom because of the BRIC countries rolling out Internet access. (1st technology boom was in the 80's and 90’s.) |
Comment |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
A Commentary |
Market Call (BNN TV) |
2009-07-02 |
$0.020 |
Stop Loss Calculation: For an investor, go to Google and search “true range”. The lowest low 10 weeks ago also works well. If you are a trader use the lowest low 10 days ago. |
Comment |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
A Commentary |
Market Call (BNN TV) |
2009-07-02 |
$0.020 |
Cdn$: Cdn$ is driven by commodity prices. There has been quite a rally in the last 3 or 4 months. Has a high correlation with crude and base metals. It will probably pause and have a rest here. |
Comment |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
A Commentary |
Market Call (BNN TV) |
2009-07-02 |
$0.020 |
Gold: Some of the big gold stocks are acting very well and near their highs. Acting counter cyclically is positive for gold. Your portfolio should only have 5%, 10% tops. Keep an eye on them and see if they break through new highs. If they start rolling over, reduce your holdings. (See Top Picks.) |
Comment |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
ABX-T |
Market Call (BNN TV) |
2009-07-02 |
$39.650 |
The gold complex at the moment is the only sector that is operating inversely to the rest of the broader market. Hopefully, if the markets weaken, this will act inversely. This company is a bellwether. |
TOP PICK |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Yes |
|
AIG-N |
Market Call Tonight (BNN TV) |
2009-07-02 |
$18.250 |
You are really banking on them selling off their assets and making something out of that. So many difficult issues such as how much they owe the government, etc. |
DON'T BUY |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
No |
|
ATD.B-T |
Market Call (BNN TV) |
2009-07-02 |
$14.000 |
A stock that may be a safe place to hide. When investors get nervous they move into lower risks. Probably not a bad place to be. |
BUY |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
BAC-N |
Market Call Tonight (BNN TV) |
2009-07-02 |
$12.640 |
Financial industry is slowly being healed. Made 2 very controversial acquisitions, Countrywide and Merrill Lynch. Merrill Lynch's jewel is their stockbroker business, which is fantastic for the bank. Potential for growing its earnings over the next little while is quite substantial if they get it all right. Yield curve globally is incredibly steep and tanks mint money when this happens. Has 11% of all the deposits in the US. |
TOP PICK |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
Yes |
|
BBD.B-T |
Market Call (BNN TV) |
2009-07-02 |
$3.350 |
(A Top Pick July 2/08. Down 53% but because of his stop loss at $6.30 it is only down 12.62%.) Stock does not price in the aerospace side so you are practically getting that for nothing. |
PAST TOP PICK |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Yes |
|
BMO-T |
Market Call Tonight (BNN TV) |
2009-07-02 |
$48.620 |
Doesn't like this bank. Continually have issues on loan losses. Also has never been able to make anything of their US Harris institution. Dividend should be relatively safe. |
DON'T BUY |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
No |
|
BPO-T |
Market Call (BNN TV) |
2009-07-02 |
$8.640 |
Thinks the REITs are okay. Looking at this one, he thinks it looks fine. This could be the surprise bet of the next 6 months. |
BUY |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
C-N |
Market Call Tonight (BNN TV) |
2009-07-02 |
$2.880 |
In a difficult situation because one of the issues they are going to have. Great global franchise, credit card franchise and investment banking franchise. Retail franchise is actually quite small and this is going to hurt them. Would prefer others. |
DON'T BUY |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
No |
|
CCO-T |
Market Call (BNN TV) |
2009-07-02 |
$29.580 |
(A Top Pick July 2/08. Down 29% but because of his stop loss at $37 so it was only down 11.14%.) |
PAST TOP PICK |
|
Bill Carrigan |
TECHNICAL INVESTING |
BEAR on CONSUMER STOCKS |
Unknown |
|
CNR-T |
Market Call Tonight (BNN TV) |
2009-07-02 |
$48.570 |
Rails have done very well considering we are supposed to be in an economic downturn. With production being down and all the other things it is hard to conceive that they can continue doing well. Would like to see a pullback before buying. |
Comment |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
No |
|
CP-T |
Market Call Tonight (BNN TV) |
2009-07-02 |
$45.020 |
Prefers Canadian National (CNR-T) because it is a better run company. Rails have done very well considering they were supposed to be in an economic downturn. With production being down and all the other things it is hard to conceive that they can continue doing well. Would like to see a pullback before buying. |
BUY on WEAKNESS |
|
Paul Harris, CFA |
NORTH AMERICAN/GLOBAL - LARGE |
DEFENSIVE |
No |
Rss Top Picks Feed