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Keith Richards , Portfolio Manager

ValueTrend Wealth Management


Date Signal Chart Symbol Company Opinion Price
2014-09-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Things have played out exactly the way he thought they would.  He is half invested and nibbling away.  S&P is in a bullish trend.  The TSX broke out from its old highs, but now we are seeing resistance in the resource stocks.  He thinks you are better to look on the US side, but avoid NASDAQ and US small cap stocks.  The IWM-N ETF showed slightly lower highs through the summer, while the S&P continued up.  This divergence suggested a correction coming.  We are in a massive bull market with another 5 to 10 years left, even if there is as much as a 20% correction in it.  These are buying opportunities.  S&P has support around 1960 and we are approaching it.  It is quite healthy here. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
_N/A
2014-09-30 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold.  Short term is the right way to look at it.  There may be some support at the old lows of a year ago.  He would not like to see that level broken as it could mean more trouble.  It is trying to base.  There is a descending triangle.  He would not touch gold, but if you wanted to you could trade it off the bottom.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
No
2014-09-30 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Venture Exchange.  (JX-T) It has been treading water for some time.  It is a tight base and going nowhere fast.  Don’t assume a breakout or break down is going to happen. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 WATCH Must be logged in to use chart ACQ-T AutoCanada Inc.

It needed a pullback over September because of the parabolic move.  It had gone too far for too long.  If it hits the trend line and breaks it, then you want to worry.


Price:
$54.450
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 BUY Must be logged in to use chart AGF.B-T AGF Management (B)

It is consolidating.  He is seeing technical support at $11 going back to early 2013.  If it breaks $11 and stays below 3 days then the net target is down to the previous low.


Price:
$11.680
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 WATCH Must be logged in to use chart BTE-T Baytex Energy Corp

It was bearish for some time (2012-2014) then broke out, but now it is breaking down again.  However, there are two previous lows that are lower than we are now and you want to see that.  So long as it holds, that would be healthy.


Price:
$42.350
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 PAST TOP PICK Must be logged in to use chart CAE-T CAE Inc

(Top Pick Oct 2/13, Up 22.92%) He ended up selling after it put in a lower low, $13.50 about a month ago.


Price:
$13.580
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
No
2014-09-30 BUY Must be logged in to use chart CNR-T Canadian National R.R.

The trend is up.  Sure it could pull back and correct.  Higher highs and higher lows.


Price:
$79.510
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 HOLD Must be logged in to use chart DHX.B-T DHX Media

It is doing well and is a little over the top.  It could pull back.  Use RSI and stochastics.  If they start to round over then it could indicate a correction to a short term trader.  If you are long term, it is fine.


Price:
$8.740
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 TOP PICK Must be logged in to use chart ECA-T Encana Corp

Loves this chart.  Cup with handle.  Broke out, tested and then he bought.  There is quite a bit of upside on this one.


Price:
$23.780
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Yes
2014-09-30 BUY Must be logged in to use chart JPM-N JP Morgan Chase & Co

Relative strength on this stock is good.  It is going have some resistance at the old highs and it is just coming up on that now at $60.  Its trend is intact.  He would not hesitate to buy if you are long term.


Price:
$60.240
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 WATCH Must be logged in to use chart LGO-X Largo Resources Ltd.

A pretty strong pullback and probably because it is a pretty small cap stock.  Seems to be on the trend line, but you want to see it bounce off the low end of this trend line. 


Price:
$0.260
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 WATCH Must be logged in to use chart LTS-T Lightstream Resources

The one thing it might have going for it is around $5.25, it tested, and found support and bounced off it.  You need to see that it holds this test of today.  The bigger trend is down so this would be a trade and not an investment.  9% yield is too good to be true.


Price:
$5.250
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 WAIT Must be logged in to use chart MRE-T Martinrea

It was quite a ride over 2014.  After a ride like that it is due for a healthy correction.  You do want to see it find support at some level.  Wait and see if it finds that around $12.


Price:
$13.030
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2014-09-30 HOLD Must be logged in to use chart NWC-T North West Company

This is a chart that is most definitely breaking down.  It broke the trend earlier this year and it did so definitively.  Give it a couple of days and if it stays below $22.50, then it will continue down.


Price:
$22.380
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
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