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Compiling comments that experts make about stocks while on public TV.

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Jaime Carrasco , Director & Investment Advisor

Scotiabank, Global Wealth & Insurance


Date Signal Chart Symbol Company Opinion Price
2014-11-14 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. The signal that Japan sent, when they increased their QE to devalue their currency, is a beautiful example of a country exporting its deflation. Looking at it from the US side, it is a rise on the currency, but by the same token it is a rise on the debt. They have been trying to control the low interest-rate environment, and they say they might be able to control interest rates much further down, but the currency is being kept. All of a sudden you have a rise in the currency, and that is almost the same as a rise in interest rates. That is deflation. China and everybody is feeling it, and in order to control it they either have to accelerate QE on their own country or try to devalue their own currency. This is similar to what has happened in the 30s. Because of that he thinks that at the currency level we are going to see a lot more volatility, because countries will have to deal with it. If you listen to what China and a lot of other countries are saying, they are all affected by the volatility in the US$, and it is getting harder and harder to do trade. We are starting to see a dislocation in a lot of the processes that we have set up over time. He had instituted a lot of stop/losses for his clients and did raise cash levels in September. Staying flexible is still important. Also, feels that precious metals should be a part of everybody's portfolio as insurance.


Price:
$0.020
Subject:
RESOURCE, UTILITY & REITs
Bias:
CAUTIOUS
Owned:
_N/A
2014-11-14 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. What is happening right now with petroleum prices is good for Canada because it is killing the shale industry in the US. Shale industry has extremely high outputs and then levels off, so it is not a very productive industry, and it needs a lot of money and high prices. Long-term the geopolitics of the middle east should overtake any short-term decline in price.


Price:
$0.020
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
_N/A
2014-11-14 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Precious metals. Between gold and silver, he expects silver will outperform gold, but we have to wait for gold to take off. Thinks the miners are going to take off first. Looking at that sector, he would rather own the miners before he owned the commodity. You have to be careful in what you are buying. You have to look at management, the geography, etc. People are buying silver. The demand out of India has increased when they were switching out of gold.


Price:
$0.020
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
_N/A
2014-11-14 COMMENT Must be logged in to use chart ABX-T Barrick Gold

This is one that he does not follow, but his company has a target of $17. His issue with the company is that it is big and they are having to shut down at the same time that the price of gold has been down, since the cost of production is so much higher. His strategy is to own companies that can produce at the lowest cost of production. (See Top Picks.)


Price:
$13.830
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
No
2014-11-14 TOP PICK Must be logged in to use chart AEM-T Agnico-Eagle Mines

(A Top Pick Dec 20/13. Up 5.93%.) Loves the operational performance of this company. It just doesn't show up on the stock. In their last quarter earnings, they reported a write-down on a lot of their CapX in Alaska. They are actually acquiring a lot of companies. Good management.


Price:
$28.310
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 COMMENT Must be logged in to use chart BNP-T Bonavista Energy Corp

Likes this one long-term, but is concerned about where commodity prices are going. He has a $14 target on this. On an $80 oil environment, they seem to be able to stay put for now.


Price:
$10.830
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Unknown
2014-11-14 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

This seems to be coming to life. Not sure how this is going to be affected by the price of oil coming down. If you take the view that you want to be in this for a long time, this is a good entry point.


Price:
$21.330
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
No
2014-11-14 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Like this company and is one of his key holdings. It is important to pick the companies that have good balance sheets, good hedging positions and where the dividend is safe. This is probably one of the 1st ones he would add if he sees an appreciation in the price of oil.


Price:
$36.140
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 COMMENT Must be logged in to use chart CSE-T Capstone Infrastructure

Has owned this for a long time. They continue to pay a really good dividend. Has a great operational management team. A solid company. His target is $4.50 a year out. Mostly co-generational wind power. He is not concerned about the dividend.


Price:
$4.100
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 COMMENT Must be logged in to use chart DGC-T Detour Gold

A very well run company. He has a $17 target. He likes this company. It has been delivering along the way. Started production and continues to survive.


Price:
$9.380
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 DON'T BUY Must be logged in to use chart FM-T First Quantum Minerals

Has been avoiding base metals for a while. China PMI's just came out and showed another slow down, so we are in a level of some contraction. There are currency issues that are occurring. He would shy away from base metals until there is some clear direction as to where the economy is.


Price:
$17.460
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
No
2014-11-14 PAST TOP PICK Must be logged in to use chart HTD-T HBP US 30 yr Bond Bear+ ETF

(A Top Pick Dec 20/13. Down 21.99%.) Had a stop-loss on this and was stopped out back in January.


Price:
$6.030
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
No
2014-11-14 PARTIAL SELL Must be logged in to use chart PPL-T Pembina Pipeline Corp

As we are entering all this volatility, you have to have a strategy of stop losses. The only issue here is that the yield is fairly low now. This is a good time to trim some back. He would rather be looking at other sectors where you get a little bit higher yield. Utility would be a better place to be. He would also rather be holding cash for now. (See Top Picks.)


Price:
$43.010
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 COMMENT Must be logged in to use chart SSO-T Silver Standard Resources Inc.

This is his primary silver holding. It's a company that he really likes. Cost of production is really low and they continue to deliver. They have a mine being built in Mexico. Positioned extremely well to go forward.


Price:
$5.940
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-14 WAIT Must be logged in to use chart SU-T Suncor Energy Inc

Good for a 3-5 year hold? Hasn't owned this for a long time. Finds the dividend is lower than what he likes to see. In this environment, this might be a good one because it is a solid, big company. He would wait for some price stability.


Price:
$39.570
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 731 entries
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