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Keith Richards , Portfolio Manager

ValueTrend Wealth Management

Date Signal Symbol Company Opinion Price
2013-05-03 N/A A Commentary A Comment -- General Comments From an Expert

Markets. Smart Money confidence and Dumb Money confidence chart (Institutional investors vs. retail investors): When Dumb is high and smart is low, it is often a sign of a market top.  The opposite is often true.  Right now the smart money is becoming a little less confident.  Commercial hedgers are actually shorting right now and the retail investors are pouring money in long.  From looking at history, we could be looking at peaks in the market.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
_N/A
2013-05-03 N/A A Commentary A Comment -- General Comments From an Expert

Gold.  June contracts.  Broke the $1550 level and down we went to the next level of support.  It is bouncing off that.  Seasonality is July to early or mid Oct.  Thinks it has a chance to get back to the old neckline closer to the end of the summer.  He is a little nervous about gold because it broke the support level.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
_N/A
2013-05-03 DON'T BUY ABX-T Barrick Gold

It is bouncing now because it is oversold.  The bigger picture is bearish.

 Price:
$20.150
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 HOLD AGU-T Agrium

He tends to use a bit of seasonal analysis.  For this sector it is often weak at this time of year.  You can see it peaked in January.  Now we have broken an area of support.  It is the neckline.  Not all that positive yet.  He might be tempted to trail a tight stop behind it.

 Price:
$90.690
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
No
2013-05-03 BUY AMD-N Advanced Micro Devices

It could be a sympathy move with Intel.  Fantastic breakout.  A breakout through a base is the most bullish thing you could see.  You could get a test of the breakout and then on to new highs.

 Price:
$3.600
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 WATCH BB-T BlackBerry

Rounded bottom, cup and handle.  It is a very nice formation.  You need a breakout out of the handle to complete the formation.  If it breaks $14 for more than 3 days it will be bullish.

 Price:
$15.770
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 PAST TOP PICK CASH CASH

(Top Pick Apr 5/13, Flat) He is in 40% cash in his equity portfolio.

 Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Yes
2013-05-03 HOLD DAL-N Delta Air Lines Inc

The angle of ascent has been steep.  Corrections are fairly sharp.  Thinks they will continue to experience upside but not without the sharp corrections.  Don’t panic too much.  Look for a hook down in momentum indicators to exit.

 Price:
$0.620
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 WAIT DOL-T Dollarma Inc.

It is a great business.  Technically, it broke a significant level of resistance at $63.  Look at the angle of ascent.  It has become overbought but it is not unhealthy.  The old level of resistance is not cracked and he doesn’t think it will be.

 Price:
$73.800
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 DON'T BUY EDR-T Endeavour Silver Corp.

Broke support to fall below $8.  Most of these things are a bit oversold right now and there might be an oversold bounce.  The upside will be contained to $8 in a good situation but more like $7.

 Price:
$5.000
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 WATCH EMC-N EMC Corp

Support at $24 was broken.  It is now coming up and trying to test that as a resistance level.  You have to see it break through that level.  It needs to stay above it for 3 days.

 Price:
$23.380
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 TOP PICK FCR-T First Capital Realty

Is one of the safest.  4.5% yield.  Very low beta.  Great uptrend.  Likes the stock for this environment.

 Price:
$19.420
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Yes
2013-05-03 WATCH FM-T First Quantum Minerals

Copper has been down for a couple of years. You get to a point when things are oversold. Remember the big picture for continued volatility.

 Price:
$17.620
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 WATCH FTP-T Fortress Paper

Has been in a 2+ year downtrend which may be breaking right now.  He likes to buy after a base breakout.  It is attempting to base.  If it breaks out then he would buy.  There may be a case for trading it right now.

 Price:
$7.460
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Unknown
2013-05-03 TOP PICK HMF-T Horizons Auspice Managed ETF

(Top Pick Apr 5/13, Flat) It does not correlate to the stock market, negatively or positively.  When you are shy about what the markets will do, you can own this.  Trades about 20 futures contracts, long or short.  They are trend followers.

 Price:
$9.520
Subject:
TECHNICAL ANALYSIS
Bias:
DEFENSIVE
Owned:
Yes
Showing 1 to 15 of 319 entries
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