stockchase picture

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

There are 3 registered members and 126 guests viewing this site

Expert Index

List by First Name

All | A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

List by Last Name

All | A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Bill Carrigan , Technical Analyst

Getting Technical Info Service

Date Signal Symbol Company Opinion Price
2013-05-27 N/A A Commentary A Comment -- General Comments From an Expert

Market – This is a 48 month old rebound Bull Market. The previous Bull ran 60 months and this one could run longer. The modern Bulls are running longer than the historic Bulls. This is probably because of the global economy. Expect this could rage on for another 12-16 months. He also expects a normal sector rotation into the ones that are lagging. This could favour Canadian energy and materials. In normal sector rotation, the leading sectors are financials, utilities and telecoms which are interest sensitive. Healthcare and industrial would follow. The laggards are energy and materials. 2 examples of places to avoid are utilities (SPDR Utilities –XLU) and REITs (iShares Cdn Reit – XRE). He would definitely go to energy and materials.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2013-05-27 N/A A Commentary A Comment -- General Comments From an Expert

Golds. Chart shows a large top had been built from mid-2011 to early 2013 which created a large symmetrical triangle followed by breaking down. Usually what happens during a bear phase is that the big move comes at the end of the bear phase, not at the beginning. He suspects that the drop in 2013 is the end of the bear. When gold was building its symmetrical triangle, the junior golds were anticipating and they drifted lower. The chart shows juniors (ZJG-T) at $7.85 which he thinks is pretty close to a low so he thinks it is alright.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2013-05-27 N/A A Commentary A Comment -- General Comments From an Expert

Mortgage rates. Thinks that when they go up, they will go up gradually. He wouldn’t be surprised if we started getting announcements fairly shortly on mortgage rate increases. Not a great deal, but it would be the beginning. If they inch up, it will probably trigger another round of house buying.

 Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
_N/A
2013-05-27 BUY ABX-T Barrick Gold

Feels this is trying to form a base. You almost have to be a contrarian with this stock. Too far away from the 200 day moving average. With the bad news on Friday, the stock should have broken down and taken out the low but it didn’t. This indicates a divergence between news and price, which is a bullish sign so he thinks this is fine.

 Price:
$20.060
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 HOLD BA-T Bell Aliant

The breakout that occurred this year is legitimate and the stock will probably work its way higher. Yielding 6.6%.

 Price:
$28.680
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 BUY BIP.UN-T Brookfield Infrastucture Partners

Thinks at this stage in the business cycle, where the economy is going to be a surprise to the upside, you should be fine with this.

 Price:
$39.450
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 BUY DH-T Davis and Henderson

Chart shows the 1st up leg advance in late 2011 followed by a 2nd up leg advance starting in mid-2012, which it is in right now. The move is on and it is not over yet. 5.2% yield.

 Price:
$23.900
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 BUY ECA-T Encana Corp

This is a “go to” stock for portfolio managers that are running large portfolios. Stock had a low in early January 2012 with a slightly higher low this year. He is bullish on natural gas. The recent announcement by the Obama administration to allow exportation of the LNG terminal is good.

 Price:
$20.160
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2013-05-27 BUY FIW-N 1st Trust Water ETF

This one is going higher. Resistance is at around $24. This had a valid breakout in late 2012. Why would you bother buying stocks when you could just pick the basket? This is the best way to go.

 Price:
$28.720
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 TOP PICK MRE-T Martinrea

Auto-parts manufacturer. Cdn$ has been quietly being devalued versus the US$ over the past 2 years and this company is a direct beneficiary of that along with a growing economy. Yield of 1.29%.

 Price:
$9.360
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2013-05-27 COMMENT NVS-X Novus Energy

Mostly light oil. Chart shows huge resistance at about $0.80. If it drops below this, he would not want to own it. Thinks there will be a move at least back up to the $1.20 area.

 Price:
$0.870
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
2013-05-27 HOLD PD-T Precision Drilling

Likes the oil field sector in general. Chart shows higher lows. The whole sector is doing this. Expect it will go up with the rest of the group. Be patient.

 Price:
$8.570
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 PARTIAL SELL SGY-T Surge Energy Inc

Chart shows the stock is just recently taken a jump up so something has happened to get it going. In natural gas, there are probably better places to be. If you own, you might be better to take some money off the table and put it into some other gas plays.

 Price:
$5.000
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 BUY T-T Telus Corp

Telecom is in one of the leading sectors for sector rotation. It is leading in the US and it is leading in Canada. The Up is still Up and there is no sign of a Top. Keep an eye on the 200 day moving average and back away when it breaks down through.

 Price:
$37.280
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2013-05-27 DON'T BUY WIN-T Wi-Lan Inc.

This is a company that makes a living through litigation. Fundamentally he does not care for this kind of business. Technically, it is not showing up well. There are better places to be.

 Price:
$4.650
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
No
Showing 1 to 15 of 1,184 entries
First Previous 1 2 3 4 5 Next Last

No Comments.

You must be logged in to comment.