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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 Symbol Company Opinion Price
2013-06-13 N/A A Commentary A Comment -- General Comments From an Expert

Markets. He is holding about 40% in cash. However, S&P 500 is starting to show support at the 50 day moving average so he might start to deploy the cash. Starting to see some Buy signals. Historically there is some softness until the end of June and then the markets start to pick up. In Canada there has been a major outflow from some of the interest sensitive sectors, which had been the leading sectors over the past few years. However, metals, golds, precious metals are starting to base, i.e., they are not making lower lows. Wouldn’t buy the sectors yet but is waiting for a breakout.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2013-06-13 N/A A Commentary A Comment -- General Comments From an Expert

S&P 500. Chart shows a strong upward trend that has formed a channel from late 2011. The top of the channel was hit a short while ago and the S&P has been bouncing off the 50 day moving average. Bounced twice in the past 2 weeks. If the 50 day moving average does not hold over the next week or 2, he suggests that the lowest point they could get to would be in the mid-$1500’s.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2013-06-13 N/A A Commentary A Comment -- General Comments From an Expert

Golds. Gold is basing and has found support at around $1350. Typically on a seasonal basis, gold moves sometime between July and the fall and it looks like it is right on schedule to do that again. This is a great play.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2013-06-13 DON'T BUY AA-N Alcoa

Trading like a lot of the metals and mining type of stocks. In a base formation and showing some support at around $8. He would want to see a breakout of that base. Chart shows a little bit of a series of declining highs with a relatively flat support level at $8. This would be called a descending triangle and a breakout to the upside is very, very bullish and one to the downside is bearish.

 Price:
$8.200
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-13 COMMENT BB-T BlackBerry

Chart shows that this is forming a very symmetrical triangle and you want to look for a breakout. If it broke the lower part of the triangle, probably around $13, it would be in trouble. If it broke above the $15 area, this would be a bullish sign.

 Price:
$14.700
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-13 COMMENT BIP.UN-T Brookfield Infrastucture Partners

Long-term trend has been up and it looks like it is possibly breaking the trend line. Got a little oversold. He hasn’t sold his holdings yet.

 Price:
$35.850
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2013-06-13 DON'T BUY BTE-T Baytex Energy Corp

Trend is down and support has been broken. It may be starting to base. Wait for it to consolidate and break out. Seasonals are not necessarily favourable for oil and oil stocks this time of the year.

 Price:
$37.590
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
2013-06-13 PAST TOP PICK CASH CASH

(A Top Pick April 5/13.)

 Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2013-06-13 COMMENT CCO-T Cameco Corporation

Chart shows the stock has formed a base but has a little bit of a lid on it right now. Whenever you see a base, you want to see a break out and don’t presume it is going to happen until it happens.

 Price:
$21.240
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-13 TOP PICK CHE.UN-T Chemtrade Logisitics Inc.

This is like an income trust. Makes things like sulphuric acid, waste management cleaning chemicals, etc. About 75% of their cash flow is absolutely predictable. When this market sold off recently, this one hardly moved. 7% yield.

 Price:
$16.970
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2013-06-13 WATCH CNE-T Canacol Energy Ltd.

Chart is so similar to so many of the resource stocks right now. Consolidation is shown from late 2012 on. There has been support on this at around $2.50. There is a little bit of a series of lower highs versus being flat. If it breaks out, he feels that’s an indication the story is good.

 Price:
$3.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-13 WATCH CNR-T Canadian National R.R.

Canadian Pacific (CP-T) versus Canadian National (CNR-T)? Just sold the last of his positions and would like to get back in when it gets back to the trend line in the low to mid $90’s. This would be his preference because it is less overvalued.

 Price:
$101.100
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
2013-06-13 DON'T BUY CP-T Canadian Pacific Rail

Canadian Pacific (CP-T) versus Canadian National (CNR-T)? CNR is his favourite as it is less overvalued. Chart shows this had gone totally parabolic from mid-2012. Feels that it has to get back to the $115 area before he would even consider it.

 Price:
$126.570
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
2013-06-13 COMMENT CWT.UN-T Calloway REIT

There is a theme on the downward trend of interest sensitive stocks. This one has been really hit. Chart shows a 3+ year upward trend has been broken and this scares him. The technical damage done to this REIT has been pretty severe. If you own, consider exiting your position on a rebound.

 Price:
$25.570
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2013-06-13 HOLD GM-N General Motors Corporation

Auto sector has been in the news a lot with better sales and constantly coming out with good news. Chart shows a fantastic looking uptrend. Old resistance was broken.

 Price:
$34.500
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 348 entries
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