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David Burrows , President

Barometer Capital Management


Date Signal Chart Symbol Company Opinion Price
2014-10-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Markets are clearly correcting.  It depends on what market you are looking at as to how serious it is.  Market correlation is changing.  Some sectors are hanging in and others are not.  It is setting up some real possibilities.  He believes in stops.  He is lucky he has chosen groups that have hung in remarkably well.  He has very little exposure to commodities and basic materials as well as to industrials.  He is fairly fully invested (10% cash) so he is not that concerned.  There is a lot of cash on the sidelines.  Nat Gas drilling should continue so he does not see a reducing volume growth.  Over the summer to August he had to reduce his exposure to oil producers.  It is clear that from 2000-2012 we were in a world of growth supported by China.  Now we have falling commodity prices, falling energy prices and falling financing prices.  This means we are in a bull market in the consumer lead developed economies.  The Canadian dollar is strong relative to the rest of the world, except for the US.  Focus on companies that are well exposed to the US economy.  He is quite bullish on US Equities.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-10-09 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Pipelines.   Have been the golden goose over the last 3-4 years and have been a large part of his portfolios.  He believes this is the least price sensitive part of the energy complex.  Oil-finding technologies are very price competitive.  He likes KEY-T and PPL-T.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-10-09 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold.  He is short some gold exposure (ETFs).  Some are better than others.  G-T has held in relatively well compared to the group.  He likes FNV-T better because they are a royalty company.  He has covered 2/3rds of his shorts in gold because it looks like it might take a bounce.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
_N/A
2014-10-09 DON'T BUY Must be logged in to use chart ABX-T Barrick Gold

There are concerns for real economic growth in Europe.  Japan may do some more quantitative easing.  Central banks are giving us a very clear message that QE will have to continue in Europe.  Cost efficiencies with ABX-T will not make a significant difference in this environment.


Price:
$15.590
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-10-09 PAST TOP PICK Must be logged in to use chart AC.B-T Air Canada (B)

(Top Pick Oct 10/13, Up 54.29%) He has recently rotated to West Jet.  There is better consumer spending and better load factors.  He still has a small weighting.


Price:
$7.600
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-10-09 WATCH Must be logged in to use chart ALA-T Altagas Ltd

It is sitting on support and you need to see it hold at these levels.  Their business has become more regulated in the past few years.  They have a big pipeline of opportunities going forward.  He has no problem buying more in low parts of a trend.


Price:
$44.730
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-10-09 TOP PICK Must be logged in to use chart AMT-N American Tower

Performed particularly well. They rent out space on towers.  They have great customers and no bad debts.  They keep getting demands for more bandwidth.  Raised dividend every quarter.  Almost no cap-X.  Dividend should increase every quarter. 


Price:
$94.750
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-10-09 PAST TOP PICK Must be logged in to use chart BEAV-Q B/E Aerospace

(Top Pick Oct 10/13, Up 5.74%) He got stopped out and moved from industrial stocks to consumer.  These guys will benefit from the continuous upgrade cycle that the airlines are going through.  It is very dependent on a stronger global economy.


Price:
$77.910
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-10-09 SELL Must be logged in to use chart CPG-T Crescent Point Energy Corp

(Market Call Minute) Great company, but wrong sector.  He came out of this one some time ago.


Price:
$37.040
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-10-09 DON'T BUY Must be logged in to use chart F-N Ford Motor

Anybody who has significant Europe exposure is facing big headwinds.  He is sitting on the 1 yard line.  He prefers parts makers to manufacturers.


Price:
$13.840
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-10-09 TOP PICK Must be logged in to use chart FDX-N FedEx

The big tailwind is falling energy costs.  They have been taking costs out of the business and he thinks there is another $billion further to take out.  Christmas looks good for them.


Price:
$156.510
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-10-09 PAST TOP PICK Must be logged in to use chart FOX-Q Twenty-First Century Fox Inc

(Top Pick Oct 10/13, Up 4.12%) These companies can return capital.  There are a number of companies that look good in this space.


Price:
$32.200
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
No
2014-10-09 DON'T BUY Must be logged in to use chart GE-N General Electric

Industrials have been underperforming and to a large part because they are multinationals.  GE looked more attractive when there was more development around the world.  Prefers something more domestic.  There is no rush to buy machinery and heavy industrials.  Rails benefit from the US economy.  He prefers that, but has steered clear of this one and the whole sector.


Price:
$24.780
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-10-09 TOP PICK Must be logged in to use chart HD-N Home Depot

Consumer theme.  Natural tailwind, immune to disruption from e-commence.  They have expanding margins (10-12%)  Friendly to shareholders. Returning capital and buying back stock.  Dividend went way up, but it is costing them less to pay it because they bought back so many shares.  Almost all revenue from Canada and US.


Price:
$93.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Yes
2014-10-09 SELL Must be logged in to use chart HOS-N Hornbeck Offshore Services

(Market Call Minute) They are facing a headwind and he would prefer to stay away from the group.


Price:
$27.610
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
Showing 1 to 15 of 3,446 entries
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