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

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Bill Carrigan , Technical Analyst

Getting Technical Info Service


Date Signal Chart Symbol Company Opinion Price
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Tax loss selling is where investors, who have losing stocks, will sell them in December. The sector is supposed to rebound in January-February. He did a scan on December 12 and picked stocks that had the highest deviation from the 200 day moving average. He widened the filters to 40%, so that anything below 40% would show. Ended up with about 55 names and everyone was an energy stock. Last Friday the group was up about 20%, but they all got murdered yesterday and are getting killed today. This is unusual. It is kind of alarming when you have tax loss selling in the sector, and it should rebound, but it gets killed again in the new year. Very worrisome.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. A chart running from 2001 to 2014 inclusive showed a broad climb running up from 2000 with a manic peak in 2008 where the trend was broken. This was followed by a swing failure in 2011, where it failed to make a new high. It also failed to make a new high in 2014. Swing failures are very negative. If you are trying to bottom fish now, you should postpone it. It needs time to work itself out. The bottom in 2008 took almost 6 months to resolve. We are now only 3-4 weeks into this, so there are several more weeks to go. Let the crude build a base. Long-term support lines in crude show the first one as at $51, which is where the drop should stop. The ultimate low in crude is $38.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy versus TSX Composite. Basically looking at relative performance for 2014. Energy was a relative outperformer through the 1st part of the year, and then in July-August, it began to decline when it started losing relative strength, followed by the absolute limit in November-January. We are still down in energy.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold versus TSX composite. Comparison chart was for 2014. Gold was underperforming from August to September, but things were starting to change in September, followed by a dramatic change in November-January. The gold sector is now starting to get relative outperformance. It is very early. There are certain levels that have to be broken through, but he would say that we are in the very early stages of a positive trend change in the gold sector.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Bond fund or bond ETF? When it comes to fixed income, there are several things to consider. You have to decide what percentage of your portfolio is going to be fixed. Depending on the size of your portfolio, sometimes there is an advantage to using a professional advisor that can buy bonds for you, instead of buying an ETF. Keep the duration down to 2-3 years in a bond portfolio.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold-Silver Bullion. Ratio is around 73%, versus the last 5-10 years where it has been around 60%. What would you buy and why? He has a comparison chart of the 2, which shows that the action was similar until around August when Silver started to underperform. Recently they have both started to turn up, so if silver is going to catch gold, it might be the better play, even though they both look favourable. He would probably play silver through one or 2 silver stocks and enjoy the ride.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Investors. Don’t sell out your entire portfolio. If you think the market is overpriced or toppy and you sell out, and if you are wrong, you never get back in. If you’re on margins reduce them. If fully invested, you might want to raise a little bit of cash. You also have to look for assets that are inverse or under-owned. Move away from crowded spaces. The REIT sector, not the individual ones but something like the iShares S&P/TSX Capped REIT (XRE-T). The Canadian utility sector looks safe. Japan has always been countercyclical, so get a Japan ETF such as the iShares MSCI JAPAN (EWJ-T).


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
_N/A
2015-01-06 COMMENT Must be logged in to use chart BED-X Bedrocan Cannabis Corp

Can a sector that is relatively new be analysed on a technical basis? In a sector that is new and filled with micro cap stocks, there is going to be very limited institutional followings and liquidity. If you are going to get involved with this, do your homework, and instead of buying just one, buy a basket. Presuming that you buy 5 stocks, 2 will go up, 2 will go bust and one will do nothing. You have to be very careful.


Price:
$0.750
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 PARTIAL SELL Must be logged in to use chart BNP-T Bonavista Energy Corp

The stock is currently below its 2012 low. This is not unusual. This has been a stunning decline. We’ve had the tax loss selling and we are supposed to be rallying through January, but we are running into trouble. He would reduce your holdings.


Price:
$6.680
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 TOP PICK Must be logged in to use chart CAE-T CAE Inc

(A Top Pick Sept 16/14. Up 12.47%.) This late in the cycle, he is a believer in sticking with a dominant theme, which in this case is healthcare and aerospace. Feels that aerospace is a long-term theme. Chart shows multiyear highs, so if it breaks above $15.50 in volume, then it is blue sky.


Price:
$15.070
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
No
2015-01-06 COMMENT Must be logged in to use chart CCO-T Cameco Corporation

The “go to” name in uranium. If the uranium sector is going to do anything, the big money is going to go into this company. So far we haven’t seen that. The chart shows a huge trading range from 2012. Some day it is going to break out. He doesn’t think it is going to break down. Doesn’t think you are going to get hurt, but doesn’t think anything is going to really happen. Until a breakout on volume occurs, there is no hurry.


Price:
$18.720
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Today they announced they are cutting its capital expenditure program, but maintaining its dividend. The key for all names that have high CapX and are returning money to shareholders, is how long that energy stays down. If crude stays down longer than 12 weeks, then we are going to have some problems. If we go into March and we still have these low prices, then we are going to start to have problems. Market is not worried about crude being down now, but for how long it is going to be down. He would be very careful on this.


Price:
$25.130
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 HOLD Must be logged in to use chart DTX-T DeeThree Exploration

The 3-year chart shows a low that is under $4. Currently this is above that low so it is probably okay. If there is a bounce, you might want to reduce in the bounce, because he thinks there is more to come. On a relative basis, this is one of the better ones.


Price:
$4.430
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 DON'T BUY Must be logged in to use chart EFN-T Element Financial

There are some components of the financial sector that makes him nervous. Thinks that the decline in bank stocks is because of crude, because we don’t know how much damage is going to be done in the oil patch. On anything to do with the financial sector, he would be very careful. Chart shows an area of congestion through 2014. Judging by the way the banks are behaving, he would stand aside.


Price:
$13.410
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-06 COMMENT Must be logged in to use chart FCU-T Fission Uranium Corp.

In a market that is in a sort of topping process, you want to move to spaces that are safe, countercyclical or under owned. Uranium is a space that he feels is under owned. Doesn’t think there is any downside, but also doesn’t think there is any upside. It’s a place to park money and maybe it will go up. This is a long term play. Doesn’t see any harm, but doesn’t see any gains either. Doesn’t think anything is going to happen for a few years in this space.


Price:
$0.910
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
Showing 1 to 15 of 1,451 entries
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