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Bill Carrigan , Technical Analyst

Getting Technical Info Service


Date Signal Chart Symbol Company Opinion Price
2015-08-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Technically we have leaders in the bull market and now the leaders are being shot.  Most technicians have seen the breadth of the market is topping out.  With big names collapsing today, we are losing the leadership.  This signals the end of the life of this bull market.  He is not saying it will be a deep correction, but we will see a shift where investors go into things that have not worked over the last couple of years.  ABX-T is an example.  Most of the sector is up.  We are moving away from tech and health care and over to commodities.  The crude oil stocks have reacted worse than the price of crude has in the last couple of months.  Energy is now oversold.  We have seen a 50% retracement in gold and it should hold for a couple of weeks, then gold stocks should start to rally.  If not, then gold could head to $900.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
_N/A
2015-08-06 DON'T BUY Must be logged in to use chart AAPL-Q Apple

If a stock is above the 200 day and it is rising, the trend is up.  It is below then the trend is down.  APPL-O had three growth periods.  ’06 to ’08 then ’09 until ’12 and then ’13 to just before it collapsed.  He thinks the growth is over.  The easy money has been picked. 


Price:
$115.130
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 WATCH Must be logged in to use chart AC-T Air Canada (B)

Their July load factor caused the stock to go up.  There was a huge base at about $1.50.  We now have an ascending triangle.  We have a series of higher highs and higher lows.  He questions if there is any growth left in the stock.  If it makes a new high then perhaps you can buy it but if it breaks the lower trend line then get out of it.


Price:
$12.260
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 PAST TOP PICK Must be logged in to use chart CAE-T CAE Inc

(Top Pick Sep 26/14, Up 12.12%) He is disappointed but would still hold it.  He wanted a decisive breakout but it did not.  Until it is extremely popular he will hold on to it.


Price:
$14.990
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Yes
2015-08-06 TOP PICK Must be logged in to use chart COW-T iShares Global Agriculture ETF

The US equivalent is MOO-N.  Food is a dominant theme.  This is the best way to participate in it.  Fertilizers, equipment producers, etc.  We are just beginning the uptrend.  It will do well against the bear market trend.  Don’t worry about it being thinly traded.  They make units for you.  It has been building a symmetrical triangle this year.


Price:
$33.150
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Yes
2015-08-06 HOLD Must be logged in to use chart CPG-T Crescent Point Energy Corp

A lot of analysts embrace the model, but these models are only good when the commodity is doing well.  It fought to stay above its peak for ages and then fell down.  He thinks it will hold in here.  Hold but don’t buy it.


Price:
$18.960
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
No
2015-08-06 DON'T BUY Must be logged in to use chart DIS-N Walt Disney

Is it a onetime problem or on-going.  He thinks it is on-going and would be reducing or staying out.  This is probably not a onetime event.


Price:
$108.550
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 WEAK BUY Must be logged in to use chart JNJ-N Johnson & Johnson

The low was in ’09. The breakout at the beginning of ’13.  He thinks we are into consolidation before the final wave of growth.  Be careful because the easy money has been picked.


Price:
$99.070
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 DON'T BUY Must be logged in to use chart MSL-T Merus Labs International

We had a peak in 2012 and we broke above it this year.  He is cautious in this sector.  The sector deviated too far above the 200 day moving average.  It is a sector that is overcrowded.  The odds are against you that it is going to go higher at the moment.


Price:
$3.170
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 HOLD Must be logged in to use chart NFI-T New Flyer Industries Inc.

There is a moat around the company.  It is difficult for competition to come in.  It is not well known.  It is up today despite the market being down.  The sector is in favour.  Stay in it. 


Price:
$16.960
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 DON'T BUY Must be logged in to use chart NXE-X NexGen Energy

He would compare to CCO-T and the price of Uranium.  Unless the price of Uranium breaks above $40 a lb it is not going to go anywhere.  He would stay away from these.


Price:
$0.740
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 HOLD Must be logged in to use chart PGF-T Pengrowth Energy

Technically it was a weak rally after the financial crisis, and then we started making new lows.  There was no reason to buy this thing.  The question now is whether they will survive or be taken out.  If you own it you will probably hang in there.  It is too late to throw in the towel. 


Price:
$1.940
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 WATCH Must be logged in to use chart SLW-T Silver Wheaton

You want gold to hold $1090 for another month and that would be a good omen for the whole precious metal sector.  It was a tremendous rebound bull ’09-’11.  It is now outperforming most of the sector.   


Price:
$16.550
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 HOLD Must be logged in to use chart VRX-T Valeant Pharmaceuticals

He thinks we are at a pivot point.  He would not buy it here.  He does not think we will make a new high.


Price:
$325.700
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2015-08-06 HOLD Must be logged in to use chart WEF-T Western Forest Products Inc.

We took to the end of last year to get back to where we were at the start of the financial crisis.  We are in a period of bullish congestion.  It is up today like most commodities.  He thinks it will break out above recent peaks.  This is a bell weather.  It is a sector he would favour.  If you are in it, hang on to it.


Price:
$2.070
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
Showing 1 to 15 of 1,557 entries
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