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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
2015-01-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Cdn$. A chart on the Canadian dollar dating back to 2005, showed it was at a peak in 2007-2008, and as the stock market and oil fell, the Loonie fell with it. A double bottom showed in 2009. This is happening again. He thinks we are going to see some sort of complex bottom, somewhere around the old lows at around $0.77 on the US$, and probably pretty soon. A similar pattern to oil.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-01-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Oil. Going back to mid-1980s there have been a lot of similar circumstances happening lately. Chart showed that oil fell from $31-$32 to around $10 in the mid-1980s,. The bottom in 1986 was complex with an up-and-down activity over several months. Oil then peaked at around $40 around 1990 and then dropped again and tested at around the same level in 1999. Again it was not a simple bottom. It then reached a peak early in 2008 at $147 and then took a big drop, but did not have a complex bottom. With this information, he feels there is a high probability of the former lows, high $30 or so over the next couple of months, but it will not be a simple turnaround, but will be like the last couple of times where there is a complex bottom. He plans on buying back in after the volatility has played itself out. There will be a great opportunity in oil, probably in the next 6-12 months. Watch the volatility and watch the breakout and it will be a great buying opportunity.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-01-30 HOLD Must be logged in to use chart AC-T Air Canada (B)

Fundamentally a lot of transportation companies are benefiting from lower oil prices. Because he doesn’t think there is going to be an immediate turnaround, he is bullish that oil will start to pick up in the latter part of the year. This could allow this company to gain more upside. The chart shows a little bit of an upward trend channel, and it is kind of at the top of the channel.


Price:
$11.750
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 COMMENT Must be logged in to use chart AIG-N American International Group

Has been interesting, because he likes the long-term breakouts. This one broke out a couple of years ago and is now back into a bit of a holding pattern. Sees pretty good support at around $48. In technical analysis, you have to watch the highs and lows. The last low was around $48. If it doesn’t break that, you are still in a bull market. As long as it doesn’t break $40, he is not selling his holdings.


Price:
$48.870
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-01-30 COMMENT Must be logged in to use chart ATH-T Athabaska Oil Sands Corp

Doesn’t know what the lows were in 2008, but that could be a reasonable projection as to where it would end up. Watch for some complex action, up and down, up and down, for a little while. That tells you a base is being put in. Trend on this has been lower lows and lower highs. When that stops happening and there is a progression of sideways activity, that is a sign that the downtrend is over.


Price:
$1.860
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 COMMENT Must be logged in to use chart COS-T Canadian Oil Sands

They just cut the dividend. The 3-year chart shows the stock was moving sideways for a long time, and then broke down through its support level in the high teens. Technically, he would like to see a base and we are really early in this whole oil cycle. Be cautious on this.


Price:
$7.850
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 TOP PICK Must be logged in to use chart DIS-N Walt Disney

The 3-year chart shows a long, continuous upward trend. It has a high P/E ratio because management knows how to do things right. They are a money making machine. Great chart, great company, great management. Any dip, which we have seen over January, is a buying opportunity.


Price:
$90.960
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-01-30 COMMENT Must be logged in to use chart EFN-T Element Financial

Chart shows that this is most definitely a stock in a trading range and has been all 2014. He would like to see it break out. However, it is not a bad thing to own the stock within a sideways trading range, so it is a fairly low risk trade at this point, as long as it does not break support at $12.


Price:
$13.500
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 COMMENT Must be logged in to use chart GEI-T Gibson Energy

Chart shows a long upward trend until late 2014 followed by “a flight pattern of a brick”. He can see some support at current levels that may or may not occur. It is hard to predict where support will come in. When it stops going down, making lower highs and lower lows, and then starts to base, that might be a time to Buy in.


Price:
$22.610
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 COMMENT Must be logged in to use chart PGF-T Pengrowth Energy

The up-trend was broken mid-2014 and took a long drop to the low $3 area. It’s a little early to tell if this is basing. Also, if you are looking for the dividend, check the balance sheet to see if it can be maintained.


Price:
$3.400
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 COMMENT Must be logged in to use chart POT-T Potash Corp of Saskatchewan

This has been looking pretty good, but is coming into some technical resistance. It needs an impetus to break through its highs. There will be some sellers because technical resistance is where people bought and they remember what they paid, and they want their money back. Be aware that you need positive news to break it through that stuff.


Price:
$46.260
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 DON'T BUY Must be logged in to use chart QCOM-Q Qualcomm

Thinks this has been having a little bit of trouble with market share. He doesn’t like the stock profile right now. Chart is showing lower highs and lower lows. This could get back down into the $58 range before long. The likely direction is down.


Price:
$62.460
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2015-01-30 COMMENT Must be logged in to use chart RY-T Royal Bank

Recently got a downgrade. The problem is the whole oil economy we are in. Technicals show it is breaking down, along with the banks. Technically it is not a buying opportunity. There is a seasonal tendency for markets to firm up in the latter half of February. As and if that happens, there will probably be a bounce on everything, and that could be your exit point for shorter to midterm traders. If you are long term trader, the banks are generally pretty good, but you may go through a lot more volatility before you are smiling again.


Price:
$71.740
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-01-30 DON'T BUY Must be logged in to use chart SLV-N iShares Silver ETF

There is some seasonality to silver at this time of year, but generally speaking the chart is not a pretty picture. The trend since 2012 has been generally down. He would avoid this at this time.


Price:
$16.540
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2015-01-30 DON'T BUY Must be logged in to use chart SSO-T Silver Standard Resources Inc.

The chart is very similar to silver itself. The general trend has been bearish since 2011. There have been a series of lower highs and lower lows in the last year. There is no evidence of this point that it will break upwards through the trend line.


Price:
$7.830
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
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