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
2016-04-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  He has a list of reasons why he is bearish.  There is always risk and always reward, depending on the market.  The potential upside is 3-4% of the old highs.  On the lower side there are the summer lows of last year.  We are at the top of the lid on the market. We are in a high PE situation with mediocre earnings.  The VIX is very low, showing that people are too complacent.  He is hedging.  And then there is the saying, ‘sell in May and go away’.  He reduces each year and is doing so early.  The transport stocks on the S&P are not matching the industrials.  Look at CP.  It has been in a downtrend.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
_N/A
2016-04-18 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Selling in May with respect to income stocks.  He continues to hold the income stocks.  He only goes to max 50% cash for the summer.  He moves into lower volatility.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
_N/A
2016-04-18 DON'T BUY Must be logged in to use chart AAPL-Q Apple

There were reports last week of slowing iPhone production.  It is probably a trading stock now.  The uptrend has ended.  Until it breaks out, he would look at trading it.  The bigger trend is not all that positive right now.


Price:
$107.480
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 COMMENT Must be logged in to use chart AGN-N Allergan PLC.

The ‘hammer’ on candle sticks could be a change of trend.  It is hitting an old support level and made a couple of lower highs.


Price:
$219.910
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 WATCH Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

It looks like the US broader index.  There is some definite technical resistance in the $60 area.  If the stock breaks out to the upside it could be very bullish.  Consolidations are perfectly natural.


Price:
$58.090
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 HOLD Must be logged in to use chart BMO-T Bank of Montreal

Banks often peak out in the early part of the year.  A downtrend was broken.  Resistance looks about $82.  He is neutral to somewhat bullish on the banks.  Hold it if you own it.


Price:
$81.280
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 TOP PICK Must be logged in to use chart CASH CASH

(Top Pick Apr 20/15, Flat) He held 40% cash at the beginning of this year.  This market is going to be fairly volatile this year.  You have to be mobile and cautious.  Oil is still fighting the down trend.  We are not taking out the old high of $42.  It only lasted a day or two last time it tried.  Sooner or later it will break $42 but could return to the $30s in the mean time.  He recommends 40% cash again.  The market tends to go up in spurts and you could miss that.  There are downsides to holding cash.  You have to be cautious, watching for signals.  This is not a long term recommendation.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-04-18 PAST TOP PICK Must be logged in to use chart CHE.UN-T Chemtrade Logisitics Inc.

(Top Pick Apr 20/15, Down 11.46%) It is in his income model.  It is a 5.5-6% dividend.  Longer term it is reasonably stable. 


Price:
$18.820
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-04-18 WATCH Must be logged in to use chart CJR.B-T Corus Entertainment (B)

The downtrend appears to be braking.  The last high has to be taken out still.  It is on the verge.  If it breaks out, leave it a few days and then it might be a pretty good bet.


Price:
$11.930
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 WATCH Must be logged in to use chart CSH.UN-T Chartwell Seniors Housing

It broke out and that was extremely bullish.  He likes the REIT space.  A lot of them are breaking out.  It may be overbought because of the parabolic move and if it pulled back it would be a fantastic entry point.


Price:
$14.030
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

There is support around $30.  It does appear to be bouncing off the $30 mark.  He is seeing a consolidation pattern where the highs are getting lower, but not the lows.  He would avoid this stock because it is too noisy.


Price:
$31.920
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 WATCH Must be logged in to use chart ENF-T Enbridge Income Fund Holdings

This stock is doing a downtrend right now.  There is some potential it will break out around the $30 area and that would be positive, but you have to sit back and see it do that before you buy it.


Price:
$29.100
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 WATCH Must be logged in to use chart GILD-Q Gilead Sciences Inc.

It is a choppy looking chart.  The trend down looks like it is breaking mid 2015 when we had a symmetrical triangle.  The stock consolidated.  The stock broke down and now we are moving to higher lows.  It might target $110, but there is noise ahead of it.  He would stay with the stock, but get out of it if it breaks down.


Price:
$99.200
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-04-18 WATCH Must be logged in to use chart GOOGL-Q Alphabet Inc. (A)

He likes it.  It is one of the stronger technical plays.  It has a lid around $800, which it will eventually break.  It may meander up and down before it breaks out again.


Price:
$787.680
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
2016-04-18 TOP PICK Must be logged in to use chart HUV-T HBP S&P500 VIX Short Term VIX ETF

This is a hedge, insurance against the market going down.  He has a 5% position.  The VIX is at the bottom of a very long term trading range.  The markets are too settled in and too happy.  If the market starts to sell off, the VIX will spike aggressively.  In a worst case scenario it has a 2 to 1 reward to risk ratio.


Price:
$22.280
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Yes
Showing 1 to 15 of 1,045 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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