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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
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. In the big picture, he believes we are in a bull market. However, we haven’t had a correction since 2011 where he saw exactly the same symptoms. This correction has been very overdue and it is healthy. The financial crisis was part of a secular sideways market and 2011 was the 1st proper correction in the bull market. Also, the technical indicators he was following were screening very similar signals to what had happened in 2011. The monster move down this morning created a little bit of a capitulation look. This is the beginning of a bottoming process. Often when you get these washouts, you get an immediate rally. This prediction is that very, very soon, if not beginning tomorrow, we will get a rally. It would not surprise him that if in the next week or 2 we got a rally that was followed by another leg down, and then it will probably be over.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. This has been in a downtrend since 2011. It had support at around $1150 for almost a year, but blew through that recently. It has rallied back up to the $1150 area but the bigger trend is bearish.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. There are certain support levels on oil, and the final one was around $38. He thinks we are very, very close to a bottom on oil, however there has to be a basing process. Nothing just V bottoms and then goes up, we usually get some sort of a process. If we get a basing at around $38 for a few months, that will indicate oil will probably put in a bottom.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Can technical analysis be applied to ETF’s? A lot of fixed income bond type ETF’s are baskets and they roll with bonds all the time, so you are dealing with something that is always moving and ever changing.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Keith’s rule of 3. An intermediate to short-term trader typically trades in 3-6 months time horizons and typically uses around 3 days or more on a break. If the break is to the downside, he is out. If it is a break from a level of resistance to the upside, he is in. He has a minimum of 3 days, but it is typically longer than 3 days. If you are a longer-term “buy and hold” type of investor, he would probably wait a couple of weeks, even up to 3 weeks.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-08-24 DON'T BUY Must be logged in to use chart AAPL-Q Apple

This has been the market leader over the past few years. The long upward trend line running from 2013 has been broken. The successively equal or lower peaks earlier this year, could be considered as a bit of a topping action. Don’t catch a falling knife. When it stops declining, this will put in a base. Let it find a floor and don’t try to predict where the floor is.


Price:
$103.120
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart BAC-N Bank of America

This is in an uptrend. Volatility is not overly high. Chart shows a very gentle uptrend. It has a low of $15 which it is testing right now. So long as that holds, and so long as it bounces (give it 3 days as a minimum), he would consider it as a Buy.


Price:
$15.290
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-08-24 DON'T BUY Must be logged in to use chart BIDU-Q Baidu.com

He had about a 10% weighting in China until about a month and a half ago and then ditched it all. Doesn’t like the look of the market overall. The chart looks like the stock is testing the old low right now. Doesn’t think he would buy this, it is still in a downtrend.


Price:
$141.080
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-08-24 TOP PICK Must be logged in to use chart CASH CASH

(A Top Pick July 14/15.) He is holding about 50% in cash and is not ready to deploy that yet. Seasonally, August and September can be a little bit crummy on the market. There are a lot of great stocks, but he waits for the overall market to signal.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-08-24 TOP PICK Must be logged in to use chart COW-T iShares Global Agriculture ETF

(A Top Pick July 14/15. Down 8.02%.) Chart is showing a classic uptrend. Volatility has been low. Seasonally, agricultures tend to move between now and the end of the year. It has a pretty good mix.


Price:
$31.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-08-24 DON'T BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

A very popularly held stock. For the longest time it wasn’t a bad stock to hold. It was range bound, but it broke down with oil. The company is very leveraged to oil and have a lot of debt, so where oil goes, they are really going to go. Recently cut their dividend and most people that own the stock had been buying it for the dividend. It keeps breaking support levels. He looks for bases. If it started a sloppy sideways zone, where it broke out eventually, you might consider it, but at this time it is in a downtrend. Don’t buy it until it stops going down.


Price:
$12.650
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2015-08-24 COMMENT Must be logged in to use chart HD-N Home Depot

Basic technical analysis shows this has higher highs and higher lows. It might pull back to its trend line in this current correction. If you see it bounce off of a level near where you estimate where the trend line is, that would be the point where you Buy it. This is a great stock. Buy it if it corrects a bit.


Price:
$112.540
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-08-24 PAST TOP PICK Must be logged in to use chart KEY-T Keyera Corp

(A Top Pick July 14/15. Down 11.96%.) This tends to stay to the trend line. This is in a pretty decent Buy position even now. The best pipeline to own for people who don’t like oil.


Price:
$37.120
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-08-24 COMMENT Must be logged in to use chart KKR-N KKR & Co. LP

This is very range bound and very sideways. It looks like $17-$18 is support. As long as that is held, you can consider this is still in the range. It might be okay to buy if it bounces off of the bottom.


Price:
$18.690
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart LNR-T Linamar Corp

Magna (MG-T) or Linamar (LNR-T)? Magna is the market leader. This one is in an uptrend as well, but it has been more volatile. He would probably choose Magna every time.


Price:
$64.000
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 873 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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