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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
2015-04-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. There is a greater than average probability of a correction this summer, probably 10%-20%, or probably a bit higher. There are a lot of different factors involved. First of all there are formations on the market. We have not had a 20% correction on the S&P 500 for literally for 4 years. Lack of volatility is not a great thing. He is also starting to see some of the secondary indicators that are showing that volatility might return. When levels of the VIX (volatility index) get too low, we tend to not stay there forever. His chart show that we have been hanging around in the low end (10 to 13) for a couple of years. This can’t last forever and he thinks we are probably going to see a move up. Looking at Breadth, it basically says how much participation there is in the stock market. He is looking at a 40 day moving average of the new highs and new lows on the NYSE. The chart shows stocks are moving up, but the moving average is heading down. 71% of Dumb Money (unsophisticated such as retail investors) is very bullish, versus 35%-36% of Smart Money (basically professionals, i.e. insiders, pension managers, sophisticated investors, etc.) A 2 to 1 ratio. Not such a great thing when Smart Money is leaving the room and Dumb Money is piling in.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2015-04-20 WATCH Must be logged in to use chart AVO-T Avigilon Corp

It is a pretty wild and crazy chart. Some pretty major resistance on the stock at around $25, and thinks it is going to have some trouble getting through that figure for the time being. If he owned the stock, he would be very tempted to Sell it at $25.


Price:
$21.930
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 COMMENT Must be logged in to use chart BTB.UN-T BTB Real Estate Investment Trust

The REIT group is a great sector to move into over the summer. This particular stock has been outperforming the group. It has broken its overhead resistance of just under $5 which that is a good sign. You are coming into an OK season to own any REIT, and this is probably a leader within the group.


Price:
$5.130
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 TOP PICK Must be logged in to use chart CASH CASH

(A Top Pick March 11/15.) He is holding 32% in cash. He is trying to leg a little bit out of the US stocks, because he thinks the Cdn$ might rally $.02-$.04, but is actually bearish longer-term on the Cdn$.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-04-20 TOP PICK Must be logged in to use chart CHE.UN-T Chemtrade Logisitics Inc.

Stock tends to trade between $19 and $22. It is at the top of its trading range, but thinks there is going to be more money rotating into it over the summer. Good dividend of around 5%. Low volatility.


Price:
$22.030
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-04-20 COMMENT Must be logged in to use chart EDT-T Spectral Med Inc

There is nothing more powerful than a base breakout, and this had one in February of this year. This one is on a trend line right now and there is absolutely nothing wrong with the chart.


Price:
$1.120
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 WATCH Must be logged in to use chart FM-T First Quantum Minerals

The big picture cycle for commodities is relatively negative. However, there are countertrend things you can play. Chart shows this had a long downtrend from October/14, but now looks like it may be trying to base. If this breaks out around $17 with some volume and lasts for more than just a few days, it could be a sign of a decent rally, and you could see the stock return to the $20 area, maybe even into the mid-$20. He would not buy this until it broke out.


Price:
$16.620
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 COMMENT Must be logged in to use chart FTS-T Fortis Inc.

This had been going sideways since 2011, and broke out in the middle of 2014. The recent pullback is probably inspired by overall market volatility. As long as it doesn’t crack the base breakout point of around $35, he would think the stock is in pretty healthy condition.


Price:
$39.520
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 HOLD Must be logged in to use chart NHC-T Nobilis Health Corp

This has gone parabolic and has been a good stock to own. Probably due for a correction. If you own, you have to decide how much of a long-term investor you are. There is no overhead resistance to make this stock want to crash and burn any time soon. Until it takes out an old low, you have to stay with it.


Price:
$10.050
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
2015-04-20 COMMENT Must be logged in to use chart PHM-X Patient Home Monitoring

Had a major break out in 2014, which is very bullish. This is called a parabolic movement, which is due for selloff. He would think it might pullback in the short term.


Price:
$1.960
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 COMMENT Must be logged in to use chart PLZ.UN-T Plaza Retail REIT

Had a great break out in 2014. Chart shows an uptrend that actually began in Oct/14. You can’t really go wrong with this kind of formation. Currently there is a little bit of levelling off. The higher highs and higher lows seems to be in question right now as the last low has not been taken out. You just want to make sure that it does break out over the high ($4.60?) level. Overall, this is a good looking chart.


Price:
$4.480
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 HOLD Must be logged in to use chart PPL-T Pembina Pipeline Corp

A pipeline. He sold this out of his equity platform. His equity platform objective is to outperform the stock market and he doesn’t think this is going to outperform the stock market. However, he still has it in income oriented accounts, because it pays about a 4% dividend and is a relatively stable stock. A well-run company. Probably doesn’t have a huge downside from current levels.


Price:
$42.550
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2015-04-20 COMMENT Must be logged in to use chart SCR-X TheScore Inc.

Chart shows a fair amount of volatility, but it is OK volatility. The basics are there. You are getting your stepladder higher highs and higher lows. Feels the last run it had over the past 6 weeks has been a little bit steeper than usual, so it might be due for a pullback. Your lows and highs are higher and the overall trend is in great shape. If you have a perspective that is a little bit longer than a week, you are probably going to do okay on this.


Price:
$0.890
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 COMMENT Must be logged in to use chart SVC-T Sandvine Corp.

This has a relatively volatile chart pattern, but had an interesting little bottom last fall, a bit of a head and shoulders. It broke out and has been moving in a greater uptrend, but chart shows a lot of volatility. For a long term investor, if you are long the stock, he would stay with the story even though it is probably due for a pullback.


Price:
$4.150
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-20 COMMENT Must be logged in to use chart THO-T Tahoe Resources

Silver. He does not like commodities. Chart shows a long downtrend which might be breaking. It is probably a little early to tell. There were some higher lows, but there is a succession of lower highs. If it can break up through that gently sloping downtrend, it might be in for a bit of a run into the $20 area. He would like to see it break first.


Price:
$14.510
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 796 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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