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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
2014-11-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. He had been raising cash through August and into September. His prognosis was that the markets would likely take a pull back based on the usual seasonal factors, but more importantly some of the sentiment indicators that he watches were just screaming overly optimistic, which is a contrarian indicator. A couple of weeks ago, there was a fear, and the 10 year bond yields shot higher and the major indices were plummeting and finally some money came into the market. That was his Buy signal. V bottoms have been happening a little bit more in the past few years, but they don't happen all that often. A research that he subscribes to show that when V bottoms occur, the markets get quite bullish with the average return, a year out, of around 17%. He is heavily into technology stocks. Within the Canadian market, he is almost entirely avoiding commodities, and have been for quite some time.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2014-11-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold. This broke down below $1200 today. There had been some support around $1260. Despite bounces, gold is in serious danger of going down to around $1000 an ounce, and this will drag along any related gold type stocks with it. Often with a break like this, you will get a retest, and you could easily see it come back up to around $1200. However, that does not mean it is a bullish environment. Avoid gold.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2014-11-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. West Texas oil broke out, to the downside, of a large triangle that had been forming for a couple of years. It is now bouncing off its support level of $87. If oil can hold around its current level of just under $80, it could be okay, but you are in the danger zone and he doesn't know if he would be so bold as to say this is the bottom. Wait for a few weeks and see if it can actually hold.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2014-11-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. West Texas oil broke out, to the downside, of a large triangle that had been forming for a couple of years. It is now bouncing off its support level of $87. If oil can hold around its current level of just under $80, it could be okay, but you are in the danger zone and he doesn't know if he would be so bold as to say this is the bottom. Wait for a few weeks and see if it can actually hold.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2014-11-07 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

S&P 500? This is making new highs and it is in an uptrend. The correction in October was just that, a correction. This market is in great shape.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2014-11-07 COMMENT Must be logged in to use chart AGU-T Agrium

This is getting back to its technical resistance. It is at a level that it has hit before. It's probably testing its old high. If you own it, you definitely want to continue holding it right now. If it breaks through the old high of $114-$115, it is probably a really good story. If it starts to break down again, you could use a stop loss and take your profit.


Price:
$111.550
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 WAIT Must be logged in to use chart BAD-T Badger Daylighting

A fairly strongly moving stock in an uptrend from early 2013 that broke down. Rather than being a complex Top, it basically just peaked and then dropped like a hammer. It is currently attempting to form a base. If this continues moving sideways for a bit, and then break to the upside, it might be a good play. If it got to $30 or so, he might be tempted to look at it.


Price:
$28.600
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 DON'T BUY Must be logged in to use chart BB-T BlackBerry

This had a long-term downtrend from 2010. It still officially is in a downtrend, but attempting to break out. Forming a bit of a descending triangle and there's very strong resistance at around $12.50. If this breaks through $12 on volume, and can stay there a few days, it will break the bigger picture downtrend and will have broken out of the triangle. To him that would target the old high of $17 and, further on, it could even get into the $20 area. Don't buy it unless it breaks the $12.50 level and stays there for several days.


Price:
$11.940
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 COMMENT Must be logged in to use chart BIP.UN-T Brookfield Infrastucture Partners

Sold most of his holdings recently. A good dividend stock. The chart shows the stock is moving sideways. He is a big believer in money flow, which is basically price movement X volume. It appears that big money has been moving out of the stock for the last 6 months or so, which could be a warning sign. The days of growth are probably behind it.


Price:
$45.780
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 DON'T BUY Must be logged in to use chart COS-T Canadian Oil Sands

This one breaks every technical rule that he can think of. When you had significant support at $20, the stock tested it over and over. This meant that people were buying it every time it got to the support level. It would hold or bounce off of it to the upside. Had a nice bounce earlier this year, but recently it fell and broke old support, really important support. A pretty ugly picture. Like a lot of energy stocks, it will probably have an oversold bounce. He wouldn’t be a long-term buyer of the stock.


Price:
$17.610
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 COMMENT Must be logged in to use chart DEE-T Delphi Energy Corp.

The stock took off at the beginning of 2013, but then broke its uptrend and support this year. It is possible it could bounce off where it is right now, but it is a little early to make a bold prediction that this is the bottom.


Price:
$2.250
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 DON'T BUY Must be logged in to use chart E-T Enterprise Group

Keep in mind that when you are looking at low-priced stocks, they are a little more subject to being whipped around. Had an uptrend from 2012 and broke down through this earlier this year. Levels of support at around $0.90 have been broken. Not a very good picture.


Price:
$0.650
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 PAST TOP PICK Must be logged in to use chart ECA-T Encana Corp

(A Top Pick Sept 30/14. Down 9.34%.) He has been very bearish on energy and had sold most of them by the end of August. Held this one because it had been defying the odds. Bought it on a breakout, but the breakout basically failed. He thinks energy and oil is oversold. It probably will bounce back, but he is going to exit the stock as it bounces back.


Price:
$21.460
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Yes
2014-11-07 SELL Must be logged in to use chart G-T Goldcorp Inc

Gold bullion is negatively correlated to the stock market, so if you believe the stock market is going or is in a bull market and going to continue, then gold is probably not your best place to be. The stock is attempting to base and break through the $30 level, but so far has been unsuccessful. The last low at around $24-$25, has been taken out to the low. This is in a downtrend. If you own, he would look for an oversold bounce and get out.


Price:
$22.680
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2014-11-07 COMMENT Must be logged in to use chart HSE-T Husky Energy

Chart shows an upward trend from early 2012, but it was broken this year. It took out some pretty significant support level. Energy is probably oversold and due for a bounce. It is questionable if he would want to hold this for the next couple of years.


Price:
$27.000
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
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