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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
2014-12-19 COMMENT Constellation Software Inc.
CSU-T
Keith Richards

Chart shows a strong uptrend from 2011. Anything technology driven tends to do quite well over the earlier part of the winter. He is very long on the tech stocks right now. It may be a tiny bit ahead of itself, but generally speaking up is good and down is bad.


Price: $327.030
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 WATCH CSX Corp
CSX-N
Keith Richards

This is in an uptrend. When a stock is in an uptrend, it often tests the trend line. If this gets down to around the low $30, that may be time to buy it. Wait for a test of the trend line and for the stock to bounce off it. Until that happens, he wouldn’t buy it.


Price: $35.760
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 TOP PICK Walt Disney
DIS-N
John Zechner

When you look at what they own and what they have, this is what everybody wants to be. They want content, they want integrated content. Their acquisitions have been phenomenal. Yield of 1.24%. A multiple of 20 times, in this environment, is not expensive.


Price: $92.890
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
2014-12-19 SPECULATIVE BUY Denison Mines Corp
DML-T
John Zechner

He is sort of bullish that uranium prices go higher over the next couple of years, north of $50. If you want a little more leverage and take a little more risk, this is a kind that you can get a double or triple on, when uranium prices start to move.


Price: $1.160
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 DON'T BUY Dollarama Inc.
DOL-T
John Zechner

He has a hard time telling you to “buy it” in here. It is going to be a beneficiary of a lower oil prices where people take their excess money and spend it in places like this. Money has moved from the resource sector and into the growth sector moving evaluations to all-time highs.


Price: $59.360
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 COMMENT Dr. Pepper Snapple Group
DPS-N
Keith Richards

Had a pretty strong move this year. It looks like it is trying to test the trend line. If you were to draw a 200 day moving average, you will usually find that it will keep a certain distance off the trend. If it gets too high, 10% or more over that average, you will typically see it return to the trend line. He thinks that is all that is happening on the stock and it is not in danger, but you could see it pull back a bit more.


Price: $71.660
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 PAST TOP PICK Element Financial
EFN-T
John Zechner

(A Top Pick Feb 10/14. Up 11.33%.) Has done all right this year. Thinks they are on the verge of hitting an acceleration in earnings growth over the next 2 years. Has taken his position down a little, as he is a little worried about the railcar business where there could be a bit of a slowdown. A lot of that is related to energy and the movement of oil and coal. This could slow down a little bit. Still a good story.


Price: $14.260
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
2014-12-19 WATCH First Quantum Minerals
FM-T
Keith Richards

Probably one of the better quality metal plays. If you look at a chart on metals in general, it has been pretty soft for the last few years. This is a pretty good quality company. He would prefer to see a bounce off its support level, and then would consider owning it.


Price: $15.850
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: No
2014-12-19 COMMENT Google
GOOGL-Q
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. They haven’t really monetized their Android system. They own “search” on a global basis and have so much power they haven’t monetized. You are getting all of this at basically a market multiple with a great balance sheet. This would be the one that would allow him to sleep at nights over the next couple of years.


Price: $520.040
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 SELL Google
GOOGL-Q
Keith Richards

This has been an under performer. The trouble is that institutions are going to go where the money goes. Because of this, there is going to be a certain amount of pressure on the stock. Chart indicates that this has broken down through a trend line. Also, the last low at around $530 has been broken through and is now at $520. That is not a good thing. There might be better alternatives.


Price: $520.040
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 COMMENT iShares Nasdaq BioTech ETF
IBB-Q
John Zechner

When you look at the largest companies in this, it is Amgen, Gilead Sciences, etc. He recently shorted this in his hedge fund as he thought it was a little stretched on valuations. If you want to play big biotech and growth biotech this is a good one.


Price: $317.200
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Unknown
2014-12-19 COMMENT Keyera Corp
KEY-T
Keith Richards

Fundamentally, this is one of the better pipeline stocks. For a short-term trader, there is probably a bounce due. Thinks you are okay as either a short-term trader or a long term trader, on the stock.


Price: $75.750
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Yes
2014-12-19 WAIT Las Vegas Sands Corp.
LVS-N
Keith Richards

Like all casino stocks, this is pretty volatile, but they can be great trading vehicles. The trick is to watch for the bottom formations. Whenever you are looking at a stock like this, you wait for a pullback, and then a base, and a break out. This has not started to do that yet. He would not buy this until it starts to move up.


Price: $56.440
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: No
2014-12-19 WATCH Mosaic Capital
M-X
Keith Richards

The big picture is reasonable, but it may be possibly breaking down. He doesn’t like that the chart shows a series of troughs that it has successfully tested, and it kind of appears to be breaking down right now. Looking for higher highs and lower lows, this may be on the verge of taking out that last low. It’s a little early to tell, but be a little cautious. Volume has been quite light in the last several days, which would indicate a lack of conviction.


Price: $11.450
Subject: TECHNICAL ANALYSIS
Bias: SELECTIVE
Owned: Unknown
2014-12-19 COMMENT Manulife Financial
MFC-T
John Zechner

This is his top holding in financials right now. Their restructuring is working out well. Core earnings are closing in and are on target for 2016 to be better than $2 a share. Has a great international diversification. The hedging programs they have had in place have protected investors a little bit more from market moves. There is a benefit for all the lifecos, and that is if US interest rates are to go higher.


Price: $22.200
Subject: NORTH AMERICAN - LARGE
Bias: CAUTIOUS
Owned: Yes
Showing 1 to 30 of 135,246 entries
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