stockchase picture

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

Recent Opinions

Print
Date Signal Company Expert Opinion Price
2015-08-25 HOLD Trimel Pharmaceuticals
TRL-T
Jason Donville

Good company. In some interesting spaces in terms of hormonal stuff. They are on the search for a Viagra for women. The numbers into 2016 are looking pretty good. He wants to see one or 2 more quarters, but if they keep doing things the way they are, it is a name he would be interested in. Wouldn’t be surprised if he ends up owning it in 2016.


Price: $0.405
Subject: GROWTH STOCKS
Bias: OPTIMISTIC
Owned: No
2015-08-25 COMMENT Seven Generations Energy Ltd
VII-T
Eric Nuttall

For this company, the price of natural gas is almost irrelevant because about 60% of production is liquids, and the vast, vast majority of that is condensate, so they are really like an oil company as opposed to a natural gas stock. This is in a hyper growth mode and is out spending cash flow. They will be one of the last companies standing in terms of asset quality. They are in the best spot of the Montney play. The only challenge he sees from now until Oct-Nov is uncertainty around the NDP. They are exposed to a royalty holiday, and if that gets eliminated the net present value of their wells gets decreased by half.


Price: $11.450
Subject: OIL, GAS & SMALL-CAP CANADIAN
Bias: BULLISH on OIL
Owned: No
2015-08-25 TOP PICK Valeant Pharmaceuticals
VRX-T
Jason Donville

Has taken on a lot of debt to fuel its acquisitions. This is run by business development people who are backed by really good operators, which will take it the next step higher. Track record is outstanding. There is no economic sensitivity to the consumption of pharmaceuticals, eye care products, etc. Trading at only 14X 2016 earnings, which is cheap for a high-quality large cap growth stock.


Price: $293.790
Subject: GROWTH STOCKS
Bias: OPTIMISTIC
Owned: Yes
2015-08-25 PAST TOP PICK Whitecap Resources
WCP-T
Eric Nuttall

(A top pick July 25/14. Down 38.19%.) Has been in and out of this name twice since then. It was a name that was holding up better than most. Doesn’t think a dividend cut is in the cards until Q1 of next year. Debt is quite low relative to its peers.


Price: $9.460
Subject: OIL, GAS & SMALL-CAP CANADIAN
Bias: BULLISH on OIL
Owned: Yes
2015-08-25 HOLD Yellow Media Inc
Y-T
Jason Donville

Owns a little, but one that he is hemming and hawing on. He was more bullish on it a couple of years ago because it was extremely cheap. The question is whether it is a value or not. He is sitting on the fence, and is more likely to move on then to stay with it. The attraction is that it is trading at 3X earnings, but it is not growing. The issue is how fast new digital businesses can replace the legacy businesses. This would have to acquire something to become a more interesting story.


Price: $17.320
Subject: GROWTH STOCKS
Bias: OPTIMISTIC
Owned: Yes
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Larry Berman CFA, CMT, CTA

Markets. A couple of weeks ago, he had said there were notable signs of decay. Markets had the narrowest trading range in 90 years. It broke late last week giving you a more dramatic move. He was looking for the S&P 500 to come off somewhere between 10%-15%. Once we broke 10% this morning and got towards 15%, the extremes of the market, it was down more than 15%, but the buyers stepped in. Had been positive on gold in buying the dips, but sold it all out on Friday. It was an anaemic bounce on gold considering the rout on global equities. If gold can get a flight to quality trade, inflation is not coming back anytime soon, so he is out of gold. REITs are a place in the Canadian markets where you get great yields. When you look at how far they have come off the top, it is a very good correction for the yield seekers out there. He would look for a bounce of 4%-5%, which could take weeks, followed by another move down of 15%, maybe 20%. Doesn’t think we are going into a major global bear market.


Price: $0.020
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

Markets. He had been talking about a 5%-10% correction, so at about 7 AM, if you took the 4% decline right across the board and added them to last Friday’s declines from the highs, you are between 10% and 15%, so he thought it was possible that we might have a bounce. We had our correction and he is quite positive going forward. This tells him that sentiment was in the hands of the traders. They saw an opportunity to make a buck, and they did. The majority of investors probably didn’t sell into the decline, being in it for the long-term. In the very short term, he has a list of things that he wants to buy. Some have come down precipitously, much more than the market, and others that haven’t budged very much. As prices approach Buy points, he will cautiously step in. Since 2008-2009, people have not trusted this market. Probably one of the most heated Bull markets in history. He has counselled his clients to be patient. The US is improving rapidly. Wildcards are China, Japan and Europe.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

US. Thinks the US economic development is improving rapidly, especially in housing. He looks to them for continuous growth. Wages are up, hours being worked are up, more people are working and he thinks this is going to propel the US economy forward.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Peter Brieger

Energy. Weak energy prices are here to stay for some time. He is looking for anywhere from $55-$70 as a price over the next several years. Drilling costs have dropped like a stone and labour costs have dropped. Looking at the spread between whatever the energy price is, and the new cost base, it is a bit more encouraging than you might think. Will have to wait for a while for that to work through, but he thinks this is a positive. $30 oil is not going to happen. It may spike down to $35, but $40 is a long-term base.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

Markets. In the big picture, he believes we are in a bull market. However, we haven’t had a correction since 2011 where he saw exactly the same symptoms. This correction has been very overdue and it is healthy. The financial crisis was part of a secular sideways market and 2011 was the 1st proper correction in the bull market. Also, the technical indicators he was following were screening very similar signals to what had happened in 2011. The monster move down this morning created a little bit of a capitulation look. This is the beginning of a bottoming process. Often when you get these washouts, you get an immediate rally. This prediction is that very, very soon, if not beginning tomorrow, we will get a rally. It would not surprise him that if in the next week or 2 we got a rally that was followed by another leg down, and then it will probably be over.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

Gold. This has been in a downtrend since 2011. It had support at around $1150 for almost a year, but blew through that recently. It has rallied back up to the $1150 area but the bigger trend is bearish.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

Energy. There are certain support levels on oil, and the final one was around $38. He thinks we are very, very close to a bottom on oil, however there has to be a basing process. Nothing just V bottoms and then goes up, we usually get some sort of a process. If we get a basing at around $38 for a few months, that will indicate oil will probably put in a bottom.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

Can technical analysis be applied to ETF’s? A lot of fixed income bond type ETF’s are baskets and they roll with bonds all the time, so you are dealing with something that is always moving and ever changing.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: _N/A
2015-08-24 N/A A Comment -- General Comments From an Expert
A Commentary
Keith Richards

Keith’s rule of 3. An intermediate to short-term trader typically trades in 3-6 months time horizons and typically uses around 3 days or more on a break. If the break is to the downside, he is out. If it is a break from a level of resistance to the upside, he is in. He has a minimum of 3 days, but it is typically longer than 3 days. If you are a longer-term “buy and hold” type of investor, he would probably wait a couple of weeks, even up to 3 weeks.


Price: $0.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: _N/A
2015-08-24 DON'T BUY Apple
AAPL-Q
Keith Richards

This has been the market leader over the past few years. The long upward trend line running from 2013 has been broken. The successively equal or lower peaks earlier this year, could be considered as a bit of a topping action. Don’t catch a falling knife. When it stops declining, this will put in a base. Let it find a floor and don’t try to predict where the floor is.


Price: $103.120
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 COMMENT Bank of America
BAC-N
Keith Richards

This is in an uptrend. Volatility is not overly high. Chart shows a very gentle uptrend. It has a low of $15 which it is testing right now. So long as that holds, and so long as it bounces (give it 3 days as a minimum), he would consider it as a Buy.


Price: $15.290
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 COMMENT Bombardier Inc (B)
BBD.B-T
Peter Brieger

Had hoped the C series would be very much past the point where it is now. If for some reason the C series doesn’t go well, the stock will do nothing. The company is not going to go broke. They have the ability to sell part or all of the transportation division. He continues to hold his shares as he has great faith something will come of it.


Price: $1.110
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 DON'T BUY Baidu.com
BIDU-Q
Keith Richards

He had about a 10% weighting in China until about a month and a half ago and then ditched it all. Doesn’t like the look of the market overall. The chart looks like the stock is testing the old low right now. Doesn’t think he would buy this, it is still in a downtrend.


Price: $141.080
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 COMMENT Bank of Nova Scotia
BNS-T
Peter Brieger

Likes the banks as a group. They have been terribly oversold. The PE relative to the TSX is the lowest it has ever been. This bank is not on his list, but if you are a long-term believer in emerging markets, this is one of the great Canadian plays.


Price: $55.950
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: No
2015-08-24 COMMENT BP PLC
BP-N
Larry Berman CFA, CMT, CTA

(Bought when Cdn$ was at par. Sell and convert back to Cdn$?) You probably made 30% on the currency, but you lost 30% on the stock. Sector is cheap now, so wouldn’t recommend selling, but would recommend buying. He would look to sell some of those and lock in the FX gain, but roll that exposure into a Canadian ETF like an XEG-T so that when oil recovers, you don’t have the currency risk.


Price: $31.190
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 COMMENT Berkshire Hathaway Inc. (B)
BRK.B-N
Larry Berman CFA, CMT, CTA

Chart shows support in the 2013-2014 area. He is expecting a small bounce up followed by another leg down, probably at $110-$111. He would look to buy at around $120.


Price: $129.570
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 HOLD Baytex Energy Corp
BTE-T
Peter Brieger

Recently did the right thing by eliminating the dividend. This gives it additional staying power. This is a stock that he likes. Before Buying he would want to see a bit more basing action.


Price: $5.940
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: No
2015-08-24 TOP PICK CASH
CASH
Keith Richards

(A Top Pick July 14/15.) He is holding about 50% in cash and is not ready to deploy that yet. Seasonally, August and September can be a little bit crummy on the market. There are a lot of great stocks, but he waits for the overall market to signal.


Price: $0.010
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Yes
2015-08-24 COMMENT iShares 1-5 yr Ladder Corp Bond ETF
CBO-T
Larry Berman CFA, CMT, CTA

Relatively good and safe investment? For conservative investors right now, short-term corporate bonds are the way to play the fixed income market.


Price: $19.430
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 PAST TOP PICK Central Fund of Canada Ltd (A)
CEF.A-T
Peter Brieger

(A Top Pick July 28/14. Down 4.42%.) A closed-end gold bullion and silver fund. Feels that gold has probably bottomed.


Price: $14.630
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 TOP PICK Canadian National R.R.
CNR-T
Peter Brieger

Grain and fertilizers are 15.8% of their business. Coal is 4.1%, forest products are 13.6%, energy is 19.8%, automobiles 9.2%, metals are 12.6%, intermodal is 23.3% and diversified is 5.5%. Even in the face of a slowdown in volumes, it has managed a price increase, reacted very quickly by putting a freeze on hiring, and retired 200 locomotives and 10,000 railcars. They still produced a record 56.4% operating ratio.


Price: $72.740
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 TOP PICK iShares Global Agriculture ETF
COW-T
Keith Richards

(A Top Pick July 14/15. Down 8.02%.) Chart is showing a classic uptrend. Volatility has been low. Seasonally, agricultures tend to move between now and the end of the year. It has a pretty good mix.


Price: $31.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Yes
2015-08-24 COMMENT Crescent Point Energy Corp
CPG-T
Larry Berman CFA, CMT, CTA

This is in panic mode. Maybe it gets cheaper still. People are liquidating wholesale, and that is always when you want to be buying.


Price: $12.650
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Yes
2015-08-24 PAST TOP PICK Crescent Point Energy Corp
CPG-T
Peter Brieger

(A Top Pick July 28/14. Down 69.34%.) He would be looking for an entry point once he sees oil stabilizing. For any of the producers, he would be asking to what level they could get costs down, marginal and average, relative to the price they get through hedging or actual sales. If the spread was positive, he would look to see the potential for production. This is a classic example of a company that can take advantage of increased production with a positive spread. If oil prices stabilize, he does not believe they will cut their dividend again.


Price: $12.650
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 DON'T BUY Crescent Point Energy Corp
CPG-T
Keith Richards

A very popularly held stock. For the longest time it wasn’t a bad stock to hold. It was range bound, but it broke down with oil. The company is very leveraged to oil and have a lot of debt, so where oil goes, they are really going to go. Recently cut their dividend and most people that own the stock had been buying it for the dividend. It keeps breaking support levels. He looks for bases. If it started a sloppy sideways zone, where it broke out eventually, you might consider it, but at this time it is in a downtrend. Don’t buy it until it stops going down.


Price: $12.650
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: No
2015-08-24 HOLD Enbridge
ENB-T
Peter Brieger

When the energy picture brightens, he would be a further buyer of this.


Price: $50.570
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 COMMENT Great West Lifeco
GWO-T
Peter Brieger

Of the 3 Canadian lifecos, it is probably the slowest growth. Rather than looking at this company, he would be more inclined to look at Power Financial which holds this, along with IGM (IGM-T) and others.


Price: $32.360
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2015-08-24 COMMENT Home Depot
HD-N
Keith Richards

Basic technical analysis shows this has higher highs and higher lows. It might pull back to its trend line in this current correction. If you see it bounce off of a level near where you estimate where the trend line is, that would be the point where you Buy it. This is a great stock. Buy it if it corrects a bit.


Price: $112.540
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 HOLD Inter Pipeline
IPL-T
Peter Brieger

This is doing everything that it should, basically building up its inventory, long-term contracts and building up their storage business in Europe. Long-term this is terrific. The reason for its decline basically has to do with energy. When we become a little more disposed to energy, this is a Buy.


Price: $25.000
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 PAST TOP PICK Keyera Corp
KEY-T
Keith Richards

(A Top Pick July 14/15. Down 11.96%.) This tends to stay to the trend line. This is in a pretty decent Buy position even now. The best pipeline to own for people who don’t like oil.


Price: $37.120
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Yes
2015-08-24 COMMENT KKR & Co. LP
KKR-N
Keith Richards

This is very range bound and very sideways. It looks like $17-$18 is support. As long as that is held, you can consider this is still in the range. It might be okay to buy if it bounces off of the bottom.


Price: $18.690
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 COMMENT Linamar Corp
LNR-T
Keith Richards

Magna (MG-T) or Linamar (LNR-T)? Magna is the market leader. This one is in an uptrend as well, but it has been more volatile. He would probably choose Magna every time.


Price: $64.000
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 TOP PICK Manulife Financial
MFC-T
Peter Brieger

Down 21.3% from its high, well beyond the decline of the TSX. Growth rate and consensus earnings per share is 19% this year, 16% next year and 13% the year after. A far greater discount than it should be. Its 3 major divisions are Asia, the US and Canada. Asia, 27% of its business, is up year-over-year at 23%. Wealth management, 33% of the business, is up 31%. Canadian business is 33% of its business and is up 31%. US is 36% of its business and is up only 1%. Dividend yield of 3.49%.


Price: $19.950
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 COMMENT Magna Int'l. (A)
MG-T
Keith Richards

Magna (MG-T) or Linamar (LNR-T)? This one is the market leader. It is in an uptrend and has corrected down to the trend line, probably a pretty great place to Buy it as long as a bounces. He never buys on the trend line; he waits for it to bounce.


Price: $62.260
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 WATCH NexGen Energy
NXE-X
Keith Richards

Chart shows a very long base of around $0.65. This only broke out this year and is now coming back to the breakout point and testing it. As long as it finds support around this level and bounces, it is looking golden. Let it bounce first just to prove that it can hold.


Price: $0.690
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: No
2015-08-24 PAST TOP PICK Precision Drilling
PD-T
Peter Brieger

(A Top Pick July 28/14. Down 62.07%.) This was his favourite in the drilling space. Had always thought that there was a chance of a takeover. Sold his holdings at about $7.33 at the end of 2014 for tax losses. If he were going back into this space, this would probably be his #1 pick.


Price: $5.330
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 DON'T BUY Precision Drilling
PD-T
Keith Richards

The trend line cracked last year. His rule of thumb is “don’t buy anything that looks like oil” until we see the base on oil that proves that oil is at a bottom.


Price: $5.330
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 WATCH Jean Coutu Group (PJC) (A)
PJC.A-T
Keith Richards

In the downturn this stock most definitely took out its past lows. Had been making a higher lows and higher highs and the last low of around $24 definitely broke. It may be starting to put in a base, but he would like to see it bounce around a bit and find support at around $19 before buying.


Price: $19.540
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 HOLD Pembina Pipeline Corp
PPL-T
Peter Brieger

When we become a little more disposed to energy, this is a Buy.


Price: $33.490
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2015-08-24 COMMENT Royal Dutch Shell PLC (A)
RDS.A-N
Larry Berman CFA, CMT, CTA

(Bought when Cdn$ was at par. Sell and convert back to Cdn$?) You probably made 30% on the currency, but you lost 30% on the stock. Sector is cheap now, so wouldn’t recommend selling, but would recommend buying. He would look to sell some of those and lock in the FX gain, but roll that exposure into a Canadian ETF like an XEG-T so that when oil recovers, you don’t have the currency risk.


Price: $49.730
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 DON'T BUY Royal Bank
RY-T
Keith Richards

Canadian Banks are levered to the Canadian economy, which is levered to the energy sector. The uptrend was broken and you are now in a consolidation pattern. It had a lower high and is very much in danger of putting in a lower low.


Price: $70.710
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 HOLD Teck Resources Ltd. (B)
TCK.B-T
Peter Brieger

Copper will not stay down forever. Zinc is a hot product and in short supply. The real question mark is coal. He doesn’t see coal doing anything in the short term. If you own, be prepared to be patient.


Price: $7.720
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 TOP PICK Toronto Dominion
TD-T
Peter Brieger

Down 15.4% from its high. The discount on this is far too great, even taking into account the banks headwinds in Canada of real estate and oil. The opportunity for their US division to increase their mortgage exposure is tremendous. They are the exclusive distributor for Nordstrom retailer credit cards. Dividend yield of 4.18%.


Price: $49.020
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Yes
2015-08-24 COMMENT Toronto Dominion
TD-T
Keith Richards

This is right at support and needs to prove that it can hold around $49. If it can hold and bounce off it, it is probably going to return to the top of the trading range.


Price: $49.020
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Unknown
2015-08-24 COMMENT Trans Canada Corp
TRP-T
Peter Brieger

The fundamental case longer-term, (3-5 years) is very favourable. The gas distributors in Ontario and Québec have just dropped their opposition to Energy East, which is a huge plus going forward. The saviour for the Canadian energy business is twofold. Energy East will take our Western oil east and displace foreign oil. Also, something favourable will happen with Kinder Morgan or with the Northern Gateway pipeline so we can ship the other energy to the Pacific.


Price: $43.430
Subject: NORTH AMERICAN - LARGE
Bias: BULLISH on US ECONOMY
Owned: Unknown
2015-08-24 TOP PICK SPDR Utilities E.T.F.
XLU-N
Keith Richards

This is a boring position and he doesn’t expect a lot of upside, but also doesn’t expect a lot of downside. Thinks if you were to look at this position a month or 2 from now, you will find it more or less at a similar price. He expects it to be flat but to earn a dividend on it.


Price: $43.370
Subject: TECHNICAL ANALYSIS
Bias: UNKNOWN
Owned: Yes
2015-08-24 COMMENT BMO Equal Weight US Banks ETF
ZBK-T
Larry Berman CFA, CMT, CTA

This is the equal way to play the banks and it is unhedged. If you like US$’s and exposure, which he doesn’t, this gives you the same holdings as the equal weight bank index (ZUB-T). Right now the Cdn$ might get a couple of cents weaker, but if looking for an investment for the next 5 years, and you like the US banks, the Cdn$ is almost certainly going to recover when oil recovers, you want to hedge the currency, and ZUB would be the way to do that.


Price: $18.000
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 BUY BMO Covered Call Cdn Banks ETF
ZWB-T
Larry Berman CFA, CMT, CTA

Because he thinks the Canadian banks will generally go sideways, this one equal weights all the big banks and gives you a covered call overlay and giving a yield of close to 6%. This is a great way to get some yield.


Price: $14.950
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Unknown
2015-08-24 COMMENT BMO Covered Call Utilities ETF
ZWU-T
Larry Berman CFA, CMT, CTA

Utilities, pipelines, telcos, big dividend players with a covered call overlay. Quite an interest rate sensitive sector. This is a time to look at this. If you are a total return investor, this is not necessarily going to give you a lot of growth. If you are a yield investor, it is a great, great holding for a nice yield and lower volatility in the broader markets.


Price: $13.320
Subject: NORTH AMERICAN - LARGE & ETFs
Bias: OPTIMISTIC
Owned: Yes
2015-08-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Cameron Hurst

Markets.  He feels that the correction is healthy. It is necessary to have a healthy consolidation, a bit of a pullback, blow off some steam and shake “the loose leaves from the trees”, then continue to move forward. Everything gets a little ahead of itself. For example, Disney is down from its peak, but doesn't mean that it is a bad stock or company now. It just means that it got a little ahead of itself, so it was time for a pullback. The same thing has hapened to the market or sector.


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-08-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Cameron Hurst

Will the correction be higher than 10%?  He recommends not getting ahead of yourself. He watches and listens to the market and doesn't try to tell the market where it should be going.


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-08-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Cameron Hurst

Markets.  He is focusing on domestic facing companies, more domestic consumer interest companies. Focusing inside the US is a better strategy right now.


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-08-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Cameron Hurst

Will interest rates go up in September?  We have a strengthening labour market, poor inflation firming not advancing too aggressively and reduced energy costs. There is a year lag when everything is balanced out. When you take these things into account and the need to move to policy normalization, the Feds have to do something in time. Regarding risk asset pricing, people are very nervous. People are sitting on their hands and waiting. There is a key note of uncertainity.

 


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
2015-08-21 N/A A Comment -- General Comments From an Expert
A Commentary
Hap (Robert) Sneddon FCSI

Markets. You want to be a little suspicious in August because volumes are normally light. Usually trading desks are being manned by younger people who are trying to move up. There are a bunch of areas between July and October that are good to be in. S&P 500 is still not in correction territory. He has been looking for that 2000/4000 level which happened around March/April. It has now broken down to the $1970 level. Are we going to have to visit the $1800 level? That is what next week will be about. Will it be broad-based? Will it be the pro-cyclical areas? Next week will be very important and what he expects to see is that it will probably keep pushing these downward levels to an extreme. There will be certain areas that might buck that trend, and those are the areas that he wants to identify, and which are good places to be. If the US joins the party, he expects there will be some bigger positions in some of those defensive spaces.


Price: $0.020
Subject: TECHNICAL ANALYSIS & TACTICAL ASSET ALLOCATION
Bias: BEAR
Owned: _N/A
2015-08-21 COMMENT A Comment -- General Comments From an Expert
A Commentary
Cameron Hurst

US Markets.  They have had fiscal pullbacks and monetary pullbacks. Thinks that the consumer is supported. Labour is firming. Gas pump prices are lower. They are doing okay.


Price: $0.020
Subject: US EQUITIES
Bias: UNKNOWN
Owned: Unknown
Showing 181 to 240 of 143,534 entries