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

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Keith Richards , Portfolio Manager

ValueTrend Wealth Management


Date Signal Chart Symbol Company Opinion Price
2015-06-05 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Market breadth is about participation i.e. when you want to talk about how many stocks are rising versus falling. He pays attention to that when markets are making new highs. Was it just a few stocks that drove the index to make new highs, or was it a broad based rally? There are signs that currently breadth is not as deep as he would like to see. There are 7 tenets of Dow theory, and one that a lot of people pay attention to is confirmation of the index. Such as Dow industrials versus transports, the theory being that if you make something you have to ship it. We want transports to be moving up in conjunction with industrials. That has not been happening. Transports have been diverging down, which tends to be a sign of poor breadth and possibly a correction pending. Also, some of the other sectors are not confirming highs. There are 9 sectors he likes to pay closer attention to, such as energy, consumer staples, discretionary utilities, materials, etc. He looked at 9 major sectors (outside transports), and noted that only 7 of those 9 major sectors made a new high that same week. Everything else was either flat or down. Chart showing transports (IYT-N) versus the Dow Jones Industrial Average (DIA-N) shows a wide divergence starting in March with the transports dropping to about -9%. He is low beta and is also holding plenty of cash. He is not “super bearish”, but is expecting some sort of correction.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2015-06-05 COMMENT Must be logged in to use chart AGT-T AGT Food & Ingredients

The stock looks great. Broke a downtrend in early 2013 and then made a base. This was followed by a breakout and an uptrend in 2014. As long as it continues on its upward trend line, the stock looks great, as long as it does not break the 200 day moving average. This doesn’t look like it is in any kind of danger at all.


Price:
$30.210
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 COMMENT Must be logged in to use chart AVO-T Avigilon Corp

Chart shows that it is pretty volatile at this point. There doesn’t seem to be any discernible trend right now. It might be a short-term trading stock, but doesn’t know if he would take a long-term view on it at this point.


Price:
$18.400
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 HOLD Must be logged in to use chart AX.UN-T Artis Real Estate Investment Trust

REITs sold off because of interest rate fears. The Canadian economy is not accelerating at the same rate as the US economy. Also, seasonally there tends to be some favouritism toward some of the interest sensitives over the summer. (See Top Picks.)


Price:
$13.910
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 DON'T BUY Must be logged in to use chart BAC-N Bank of America

After a nice move up between 2012 and 2014, it is now kind of moving sideways, as most US financials are doing. You really only have to buy this when it breaks out, and it is not showing any signs of wanting to break out at this level. There are probably better stories.


Price:
$17.190
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 COMMENT Must be logged in to use chart CAR.UN-T Canadian Apartment Properties

Interest sensitives tend to be okay over the summer. He looks at REITs as probably being a little oversold right now and probably an okay place to be over the summer. This one hasn’t broken the last low. They may not go up a lot over the summer, but you will earn the dividend and probably not see a lot of downside. After the summer you will have to decide whether you want to continue holding. (See Top Picks.)


Price:
$26.890
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 TOP PICK Must be logged in to use chart CASH CASH

(A Top Pick April 20/15.) He is at about 32% in cash right now. Sees a lack of participation in the index movements. Some of the sentiment studies shows the over enthusiasm by the retail investor versus some of the institutional, and hedgers are a little cautious. There is kind of a lacklustre attitude in the market right now.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-06-05 PAST TOP PICK Must be logged in to use chart CHE.UN-T Chemtrade Logisitics Inc.

(A Top Pick April 20/15. Down 6.29%.) This is an example of a stock that loves to go nowhere fast. Pays a huge dividend of 5.9%. He likes this for a position that is not likely to go up or down a lot over the summer. This is not trying to achieve maximum growth in a portfolio, but just preserving capital and make some dividends.


Price:
$20.450
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-06-05 HOLD Must be logged in to use chart CHR.B-T Chorus Aviation Inc

Chart shows higher highs and higher lows since 2013. Had a nice break out early this year with a parabolic move. You definitely could see a small pullback, but he wouldn’t worry about it too much.


Price:
$6.340
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 HOLD Must be logged in to use chart CNR-T Canadian National R.R.

Chart shows a great long-term uptrend from back in 2011, which is a great looking chart for a long-term investor. It is finding support at its last low at around $72.50-$73. At this point he would say the stock is safe and would buy it as long as it confirmed the bounce off the trend line. If he owned it he would probably stay with the story.


Price:
$73.510
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 HOLD Must be logged in to use chart CSU-T Constellation Software Inc.

Looking at the chart, obviously this has been a good stock to own. There are no reasons to Sell. A great looking chart.


Price:
$528.000
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 TOP PICK Must be logged in to use chart CUF.UN-T Cominar Real Estate Inv Tr

All the REITs are coming back down to a low point within this big sideways giant trading range. Thinks this is an okay time to own this. Pays something like an 8% yield. A well-run company and have the cash to support the dividend. This is a summer play only.


Price:
$17.900
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-06-05 BUY Must be logged in to use chart CXR-T Concordia Healthcare

Chart shows a sharp upward movement off the regular trend line earlier this year. Now starting to trend sideways after a bit of a correction. This is acting very healthy. He thinks you could take a chance.


Price:
$93.000
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 HOLD Must be logged in to use chart DOL-T Dollarama Inc.

This has been another one of those great stocks to own. It had been in a fairly predictable uptrend, and really started to move in the latter part of 2014. Has pulled back a little, which is probably healthy. He wouldn’t worry about it too much.


Price:
$71.280
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-06-05 BUY on WEAKNESS Must be logged in to use chart EFN-T Element Financial

Likes this. Had a great break out early this year. He loves base breakouts. Also, fundamentally it is a good company. He likes to see if he can buy this on a bit of a pullback, so this might be ripe for a small pullback. If it pulls back it is probably a great buy.


Price:
$19.330
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 824 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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