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

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Date Signal Company Expert Opinion Price
2014-12-19 N/A A Comment -- General Comments From an Expert
A Commentary
John Zechner

Markets. Thinks the markets have been lifted by the belief that Central Banks are going to be the ultimate Put and the great saviour. Look at what is happening in the US, the promises that Draghi is making in the ECB, China cutting their rates. At some point he would just like to see better economic growth. US is doing all right, but thinks they are going to run into some headwinds next year. Trading partners are doing so poorly which will impact their numbers at some point. The market is a little elevated right now, and it needs a healthy correction of 10% or even 20%. Not seeing a lot of things that he would want to be buying. It is pretty hard to find decent value out there. He is getting a lot more defensive in his holdings.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: _N/A
2014-12-19 DON'T BUY A Comment -- General Comments From an Expert
A Commentary
John Zechner

Pipelines? He is not a fan of them here. People have been hiding in them for the past couple of years. They are defensive, but he just can’t buy the valuations.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 N/A A Comment -- General Comments From an Expert
A Commentary
John Zechner

Conventional drilling versus fracing? Fracing injects steam and chemicals into the ground, which breaks up rock in order to get oil to flow out of it. There are environmental impacts that are still being debated. Feels there is still a bit of an issue with fracing, more than there is with conventional deep drilling. He would rather own the deep drillers than the fracing companies, until some of this sorts itself out.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: _N/A
2014-12-19 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

TSX. He has been talking about a double bottom. It is early to say, but if you look at what has happened, there was a low in October, and just over the past few days, there was a little bit of a lift. We could possibly be putting in a double bottom over the next little while, as long as the October lows hold and we could see a nice bounce. A double bottom, by definition, would be if we break the neck line at just under 15,000. If we break that, it could be quite bullish. The problem is that the main components of the TSX are energy, banks and base metals. The banks aren’t too bad, but the other 2 are not looking so great.

S&P 500 From a technical perspective, this has been and continues to be a much better place to be. You are looking at higher highs and higher lows. There is absolutely no take-out of the lows. Technical analysts also look at breadth, the number of sectors that are participating in a given rally. There has been fairly wide anticipation through this whole bull market.

Oil. Technically there was some support at $54-$55. There was a bit of a formation after we hit a bottom in 2009, where it bounced from around $37 to the $54 area. Some consolidation $54-$55 on WTI, and that is exactly where it hit recently. We need to stay above that level. The bigger trend for oil is Down, and in a bear market, there is usually a reflective bounce. He thinks that is what we are getting right now. We may get another couple of weeks of upside on oil, but his instinct is that this is in a genuine bear market. He has only one energy position in his portfolio, and will use this upside as an opportunity to get rid of it in the next 2-3 weeks.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: _N/A
2014-12-19 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

WTI Oil. Most of the commodities peaked at around 2011. From 2011 to now, the charts had formed a very large symmetrical triangle. This summer, it broke down out of that triangle. It is holding support now at around $54-$55, but after a short-term bounce, he thinks it is going to hit in the $40’s.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: _N/A
2014-12-19 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

How do Moving Averages work? These are simply trend followers. The only thing you should use a Moving Average for is to determine if the trend is in a particular direction at this particular moment. It is not a great trading vehicle per se, so if you are trying to time your entry or exit off of a moving average, he is not so sure he would do it. He would prefer just the basic formations and use things like oscillators.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: _N/A
2014-12-19 BUY Apple
AAPL-Q
John Zechner

He likes it here. If someone asked what sector he would stick with, it would be US technology. There is tremendous growth here. Likes their product lines, which he thinks have not been monetized fully yet. Valuation is less then the market multiple, and they are sitting on a huge amount of cash. Relatively cheap.


Price: $111.780
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
2014-12-19 COMMENT Apple
AAPL-Q
Keith Richards

It does have pullbacks once in a while, but the overall look is pretty good. Nice looking chart. The three-year chart shows a cup formation followed by a breakout this year and currently in an uptrend. Currently pulling back to the trend line, but basically this stock is looking pretty bullish.


Price: $111.780
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 COMMENT Barrick Gold
ABX-T
John Zechner

It is incredible how this keeps going down. You keep thinking there is a bottom on this and it just keeps going down and down. Has been disappointing this last few years. He doesn’t think you want to be without gold in your portfolio, given where the US$ is and given the amount of monetary stimulation on a global basis. This is probably not a bad anchor name. He prefers others.


Price: $12.590
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 COMMENT Bank of America
BAC-N
John Zechner

This bank would love to be able to have a dividend right now, but are still paying the debts back from the financial crisis and paying what they have to pay to the regulators. Thinks they will eventually be allowed to. There is some good earnings leverage here. This has had a pretty decent run. He has taken a little bit of money off the table.


Price: $17.620
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
2014-12-19 COMMENT Baytex Energy Corp
BTE-T
John Zechner

Google (GOOGL-Q) or Baytex Energy (BTE-T)? Completely different animals, but to him Google is one of the great growth stories out there. This one is an oversold play in the energy sector and depends on where energy settles out.


Price: $20.890
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 COMMENT Comcast Corp
CMCSA-Q
Keith Richards

Anything in the technology area is generally okay. Chart is showing a nice long upwards trend line. He likes the look of it.


Price: $57.170
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 DON'T BUY Canadian Natural Rsrcs
CNQ-T
Keith Richards

There is a certain amount of leverage that you have to pay attention to that comes from oil prices. The three-year chart shows a cup formation followed by a breakout this year. It reached a peak and then broke down through the last low. From a pure technical analysis point of view, this stock is now in a bear trend. Until it reverses, the potential target is around $28. He would not want to own this until it stops falling, bases, and then moves up.


Price: $36.630
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 COMMENT Canadian Oil Sands
COS-T
John Zechner

There has been a massive short covering in the last several days. Has been selling into this recent bounce, as he doesn’t feel it is necessarily sustainable. It could still be retesting these bottoms.


Price: $11.370
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 DON'T BUY Crescent Point Energy Corp
CPG-T
John Zechner

They haven’t cut the dividend yet, but thinks they are probably going to have to at some point. They were paying out almost 100%, even though they have some hedges on. He is not buying in this sector even though it has come down a lot.


Price: $28.610
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: No
Showing 1 to 15 of 135,246 entries
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