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Compiling comments that experts make about stocks while on public TV.

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David Burrows , President & Chief Investment Strategist

Barometer Capital Management


Date Signal Chart Symbol Company Opinion Price
2016-01-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. In the last 3 years, we have been transitioning from the previous bull market, which was a bull market in commodities driven by the growth in China, to a consumer-based developed markets. We have had a slowdown in China, which is picking up steam. We’ve had problems with commodity prices, which has been an issue for Canada. Ultimately the US is a winner when we look at low-priced plentiful energy and low inflation. However, the risk is if things get too difficult in China or emerging markets. We are one of those pinch points, where the question is, will all the debt that was raised by energy and commodity companies come home to roost. Also, will the slowdown in China impact the developed markets more. You start with the weakest things at the beginning of a correction, and you get to the strength at the end. Now technology and consumer stocks are getting hurt in the US, which could not be further from the epicenter of the problem. We are getting in the late stages of a correction. Looking back at 2 previous long bull markets, there was a bear market that went on through the 60s and 70s, where the US market went nowhere for 16 years, and it broke out in 1982. 2 years into that, there was a correction that lasted 8-10 months with an 11% correction. It was a correction in a bull market, and the market turned around. The things that were the natural winners at that point, technology, healthcare and consumer, took off and rallied for years. Coming out of the 30s and 40s, we had a sideways market for almost 20 years. The market broke out in 1951. In 1954, 3 years into that bull market, there was a correction of about 9% that lasted 8-9 months. Current problems really began in May 2015 in emerging markets, and slowly washed through global markets, and the US was a last market to get hit and is down 10%-11%. The S&P broke out of a 12-year period from 2000 to 2012, that began a new secular bull market for stocks. Secular bull markets see rising multiples generally, and falling correlations. Markets have a history of having strong markets and many years of underperformance as money rotates away. We are going through a transition to a market that will be friendly to consumer-based developed markets, low inflation, low energy prices.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-01-19 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market timing? It is very important to watch the nature of the market bottom. One of the big mistakes that many people make is that you get a big Up day after a bunch of Down days, and people jump in, the market rallies in the morning and then fails in the afternoon. He likes to see a day when the market rallies 2% on heavy volume, and then sometime over the next 3-5 days, see the market have another 1.5%-2% day. There are going to be 2 kinds of stocks that rally in the beginning of a bounce. Short Covering, people who are covering things that they sold Short. These will have very sharp moves higher and look enticing. Very often on the “follow through” day, those same stocks will not participate. Look for the stocks that were technically sound coming in, where the price was behaving well, where the price was good to begin with. He likes to Buy “good getting better”. You won’t know what is real until a number of days into a bounce in the market.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
_N/A
2016-01-19 DON'T BUY Must be logged in to use chart AAPL-Q Apple

Apple was one of the clues that led him to believe that we could wind up in some kind of a correction, as it started to underperform the market in the last few months. Technically it took out some important levels in November and December. You want to identify companies, that for whatever reason, have prices that are holding up much better than the market. Where they have fundamental characteristics that point to something changing for the better and prices behaving like they should be, given what you think you know. Buying a stock that everybody owns, at a time when the stock is underperforming its peer group and the market, is probably not the right thing to do. As the stock price rallies, it is going to run into people who are just waiting for their opportunity to exit at “their” price. Good company, just not a good stock at the moment.


Price:
$96.660
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 PAST TOP PICK Must be logged in to use chart AMT-N American Tower

(A Top Pick Jan 26/15. Down 8.92%.) A real estate investment trust that owns cell towers globally. They lease space to mobile phone operators to put their gear on towers. Have had very, very good cash flow growth. REITs has been a bit of a tougher space over the last year. Not sure he would Buy, but would keep it on the list to buy when the market starts to turn around.


Price:
$90.910
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-19 DON'T BUY Must be logged in to use chart BBD.B-T Bombardier Inc (B)

The Québec government has come into fund the C series jet, and this company has to come up with another $1 billion. If they can come up with it themselves, they’ll get 60% of the cash flow that is generated from that program, if it is successful. If the federal government comes in and funds it, they are going to get the money and Bombardier will get 10% of the cash flow. Have sold about 200 C series jets, but will have to sell another 200-300 to get cash flow breakeven to get a success. He doesn’t like the odds.


Price:
$1.180
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 HOLD Must be logged in to use chart BIN-T Progressive Waste Solutions Inc

If you look at some of the peers within waste management, such as Republic Services (RSG-N) or Waste Management (WM-N), these are stocks that are behaving quite well, and behaving much better than the market. Generally, when you have a merger like this, there are opportunities for cost savings and synergies. This is a sector that he would consider and take a look at. If you own the stock, he would probably let this play out a little.


Price:
$37.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 DON'T BUY Must be logged in to use chart BTE-T Baytex Energy Corp

(Market Call Minute.) You have to steer clear of this. They have falling production and have a lot of debt.


Price:
$1.930
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 TOP PICK Must be logged in to use chart CASH CASH

We are in a correction, and how long a correction goes on for he doesn’t know. In portfolios he manages, he has them hedged versus the markets, so has virtually had no impact so far in the year from negative markets. This is a good time to have some cash and it can be put to work when the market gets turned.


Price:
$0.010
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-01-19 DON'T BUY Must be logged in to use chart CAT-N Caterpillar

This is going to behave much like emerging markets, and much like the commodity space, and is very close to the epicenter of the problem of the market. Expects it will continue to be under pressure. Even if commodity prices bottom, which he doesn’t think will happen soon, they are likely to remain weak for a long period of time.


Price:
$59.030
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 DON'T BUY Must be logged in to use chart CNR-T Canadian National R.R.

Falling demand in Asia has led to weak commodity prices and weak demand for commodities. Because of this, rails in general have been difficult. Transport as a whole is behaving very poorly. He wouldn’t try to pick a bottom, but would rather wait to see something turn for the better. A great company and is really well run.


Price:
$71.700
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 BUY Must be logged in to use chart CTC.A-T Canadian Tire Corporation Ltd. (A)

(Market Call Minute.) Would prefer to own Home Depot (HD-N), but he would be okay with this.


Price:
$107.380
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 DON'T BUY Must be logged in to use chart CXR-T Concordia Healthcare

Canadian market is a tougher one to be in for healthcare. There have been some strong pockets and some weak ones. Biotech and pharmaceutical have had a tough 3-4 months. Broke down in the fall, so he is giving an X to that sector for adding new names. This one has had a very tough go since September. Would prefer something like Bristol-Myers (BMY-N) instead. You could also look at health care devices like Intuitive Surgical (ISRG-Q), because those companies are behaving quite well.


Price:
$41.800
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 DON'T BUY Must be logged in to use chart CY-Q Cypress Semiconductor

Not one that is holding up in price. Would prefer something like Nvidia (NVDA-Q) or Broadcom (BRCM-Q) which sells into wireless devices, and has a very strong price pattern and is behaving better than 93% of stocks in the US market.


Price:
$7.570
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-19 PAST TOP PICK Must be logged in to use chart DIS-N Walt Disney

(A Top Pick Jan 26/15. Up 0.72%.) Had a very good run up into the launch of Star Wars. There are concerns in the near term about ESPN. He exited at higher prices, but likes some of the media space. You’ll just have to wait and see if Disney can turn it around with ESPN.


Price:
$93.970
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-01-19 SELL Must be logged in to use chart FM-T First Quantum Minerals

The mining sector is under pressure. There is a demand problem from Asia and we have too much supply. This stock has been selling off for a year, and the sector has been selling off for longer than that. Before this problem is done there are going to be bankruptcies and restructurings, and you are really fighting the tide. He would pick an exit price.


Price:
$2.850
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 3,727 entries
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