Viewing Expert Keith Richards | StockChase
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Compiling comments that experts make about stocks while on public TV.

Viewing Expert

Keith Richards , Portfolio Manager

ValueTrend Wealth Management


Date Signal Chart Symbol Company Opinion Price
2016-05-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  He is looking basically at what are the 50 and 200 day moving averages doing.  If both are moving up then it is bullish.  Breadth is pretty good.  He sees a number of bullish factors.  Transportation and industrials are moving together.  So these are bullish factors.  He worries about the fact that it has been about a year since the market made a new high.  If you look at the slope of peaks and troughs then it is trending down.  It is a little bit of a downward trending channel.  We can’t be overly bullish.  The valuation on markets is a little, but questionable.  The TSX has been in a downtrend since mid-2014.  His view is neutral to questionable.  The S&P’s last high was mid 2015.  Oil can’t get to that $50 mark and stay there.  It is looking better, but he likes the fact that it broke out.  It is starting to look better.  Oil tends to peak out seasonally about this time of the year and then picks up again in July.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
_N/A
2016-05-30 WATCH Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold Bottom.  E.g. GLD-N.  Gold broke a downtrend that had a peak in 2011.  It has broken the trend of lower lows and lower highs.  It is in the beginning of a probable turnaround.  There is a seasonal factor against gold in the summer.  We have some support here.  It might trend sideways for a while here. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Bio Tech stocks breakout?  This was on his avoid list last Thursday.  He does not like it because of the rule of lower highs and lower lows. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 HOLD Must be logged in to use chart AD-T Alaris Royalty

This is held in his income model.  He likes the dividends.  There are some technically favorable factors as it broke a downtrend and has not moved back into it. 


Price:
$29.080
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Yes
2016-05-30 HOLD Must be logged in to use chart AQN-T Algonquin Power & Utilities Corp

Technically there are no signs of the trend discontinuing.  There are no lower lows or lower highs.  It looks fine right now.


Price:
$11.430
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 DON'T BUY Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

It seems to be breaking down right now.  The highs are getting lower and the lows are getting lower and the trend line has been broken. Don’t get into a new position.  Possibly even take profits.


Price:
$58.280
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 DON'T BUY Must be logged in to use chart ATP-T Atlantic Power Corp.

It seems to find support in the mid-$2s.  It has failed to break out.  There is good support at $2, but he would not be that hopeful that it is heading back up.  He is semi-bearish.


Price:
$2.980
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 COMMENT Must be logged in to use chart BBD.B-T Bombardier Inc (B)

They have this enormous downtrend.  There is some potential in the near term.  It is doing a rounded bottom.  There is a possibility that they are turning themselves around.  People wanting to just get their money out could hold the stock back.


Price:
$1.990
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 HOLD Must be logged in to use chart BNE-T Bonterra Energy Corp

It looks like it is making a bit of a recovery.  The downtrend has been broken and consolidation has been taken out.  Not a bad looking profile.


Price:
$26.090
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 PAST TOP PICK Must be logged in to use chart CASH CASH

(Top Pick Apr 18/16, Flat) He is 30-32% cash.  1.2% interest in a high interest savings account.  If we get a 10-12% pullback he has some cash to take advantage of it.  He views the upside or downside of the market to be fairly equal.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Yes
2016-05-30 TOP PICK Must be logged in to use chart CASH CASH

He is keeping his powder dry.  There are positive and negative factors in the markets.  There is a decent probability of a pullback over the next couple of months. 


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Yes
2016-05-30 WATCH Must be logged in to use chart CJR.B-T Corus Entertainment (B)

Wickedly high yield.  It has been in a downdraft for a couple of years.  It is making an honest run at breaking the downtrend.  There are some problems, according to the yield.  That aside the technicals say there is an attempt by investors to put them out of the downtrend. It looks promising.


Price:
$12.660
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 TOP PICK Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

REITs in general have been pretty good.  He cherry picked this one as the most defensive.  There is a little breakout and so he bought it.  He likes the yield and the defensiveness. 


Price:
$14.910
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Yes
2016-05-30 BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

Great Canadian company and it broke out.  It is a buy.


Price:
$145.460
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
Unknown
2016-05-30 WATCH Must be logged in to use chart EFN-T Element Financial

It appears to be breaking the downtrend and is breaking a neckline.  This consolidation around the current price, if it gets broken, looks pretty good.  He is looking at it.


Price:
$15.380
Subject:
TECHNICAL ANALYSIS
Bias:
NEUTRAL
Owned:
No
Showing 1 to 15 of 1,070 entries
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1 Comment

BeauRegard

March 20th 2015 at 12:57pm

You should be honored to be named after one of the 'Glimmer twins' ;>)


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