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

Table View - Opinions in Detail

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Implied Signal Stock Symbol Company Comment Source Program Airdate Airdate Price Opinions $ Goal Expert Program Topic Expert's Bias Own or Relationship Actions
  
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-19 $0.020

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS _N/A View
DON'T BUY A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-19 $0.020

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-19 $0.020

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-19 $0.020

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-19 $0.020

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-19 $0.020

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE _N/A View
BUY AAPL-Q Apple Market Call (BNN TV) 2014-12-19 $111.780

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
COMMENT AAPL-Q Apple Market Call Tonight (BNN TV) 2014-12-19 $111.780

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
COMMENT ABX-T Barrick Gold Market Call (BNN TV) 2014-12-19 $12.590

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT BAC-N Bank of America Market Call (BNN TV) 2014-12-19 $17.620

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
COMMENT BTE-T Baytex Energy Corp Market Call (BNN TV) 2014-12-19 $20.890

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT CMCSA-Q Comcast Corp Market Call Tonight (BNN TV) 2014-12-19 $57.170

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

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
DON'T BUY CNQ-T Canadian Natural Rsrcs Market Call Tonight (BNN TV) 2014-12-19 $36.630

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
COMMENT COS-T Canadian Oil Sands Market Call (BNN TV) 2014-12-19 $11.370

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
DON'T BUY CPG-T Crescent Point Energy Corp Market Call (BNN TV) 2014-12-19 $28.610

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS No View
COMMENT CSU-T Constellation Software Inc. Market Call Tonight (BNN TV) 2014-12-19 $327.030

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
WATCH CSX-N CSX Corp Market Call Tonight (BNN TV) 2014-12-19 $35.760

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
TOP PICK DIS-N Walt Disney Market Call (BNN TV) 2014-12-19 $92.890

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
SPECULATIVE BUY DML-T Denison Mines Corp Market Call (BNN TV) 2014-12-19 $1.160

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
DON'T BUY DOL-T Dollarama Inc. Market Call (BNN TV) 2014-12-19 $59.360

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT DPS-N Dr. Pepper Snapple Group Market Call Tonight (BNN TV) 2014-12-19 $71.660

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
PAST TOP PICK EFN-T Element Financial Market Call (BNN TV) 2014-12-19 $14.260

(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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
WATCH FM-T First Quantum Minerals Market Call Tonight (BNN TV) 2014-12-19 $15.850

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE No View
COMMENT GOOGL-Q Google Market Call (BNN TV) 2014-12-19 $520.040

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
SELL GOOGL-Q Google Market Call Tonight (BNN TV) 2014-12-19 $520.040

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
COMMENT IBB-Q iShares Nasdaq BioTech ETF Market Call (BNN TV) 2014-12-19 $317.200

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT KEY-T Keyera Corp Market Call Tonight (BNN TV) 2014-12-19 $75.750

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
WAIT LVS-N Las Vegas Sands Corp. Market Call Tonight (BNN TV) 2014-12-19 $56.440

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE No View
WATCH M-X Mosaic Capital Market Call Tonight (BNN TV) 2014-12-19 $11.450

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.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
COMMENT MFC-T Manulife Financial Market Call (BNN TV) 2014-12-19 $22.200

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.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
TOP PICK MRE-T Martinrea Market Call (BNN TV) 2014-12-19 $9.770

He is looking for things that are more deep value oriented. This has some growth over the next couple of years, and is trading at a fairly discounted multiple. There has been some disappointment over the management shuffle and infightings over the past years, but in terms of the programs they have put in place and the spending, he can see an earnings growth over the next couple of years of 35%-40%. Also, they have great exposure to aluminum, and using this in cars is a trend going forward. Yield of 1.21%. Can see it 40%-50%-60% higher in a couple of years.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
DON'T BUY MX-T Methanex Corp Market Call (BNN TV) 2014-12-19 $54.810

Has had a tremendous run. He sold his holdings. This is not a well controlled supply. He doesn’t know what is going to happen with this move in oil and the input costs. There seems to be a lot of new potential sources of supply at these prices.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS No View
COMMENT PLI-T Prometic Life Sciences Inc. Market Call Tonight (BNN TV) 2014-12-19 $1.950

Whenever you look at charts, you start from the big picture and work your way down. This is a reasonably long chart. On the very big picture you’ve got an uptrend in place. This is defined by higher highs and higher lows. When a stock gets too high above its trend line, it often corrects. It doesn’t mean it’s the end of the world, but it does mean that if you don’t already own it, sometimes you’ll wait a little while for it to correct.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
COMMENT POT-T Potash Corp of Saskatchewan Market Call Tonight (BNN TV) 2014-12-19 $41.490

Agriculture has been rather choppy over the past couple of years. This one bottomed out in 2013 and started to recover, but is currently in a bit of a flat line. Peaked at around $41, so there is going to be some selling pressure. If it can break up through the $41, it could be good, however, you then have another set of sellers coming in at the mid-$40.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
WATCH POW-T Power Corp Market Call Tonight (BNN TV) 2014-12-19 $30.950

Chart is showing a consolidation. Don’t buy it until it breaks out on volume. Around $36 is the resistance, and if it moves through that several days on volume, it would be a great Buy signal.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
PAST TOP PICK QBR.B-T Quebecor Inc (B) Market Call (BNN TV) 2014-12-19 $31.710

(A Top Pick Feb 10/14. Up 33.07%.) Feels this could be a legitimate 4th player in Canadian telecoms. They are strong in the Québec market, and they could expand into the rest of Canada. They are now starting to generate positive free cash flow. A good story.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
SELL QSR-T Restaurent Brands International Market Call (BNN TV) 2014-12-19 $47.030

Feels there is a lot more risk in this than there was before. Burger King bought this at a pretty high valuation and they have to be able to justify this at generating earnings off of it. There is always risk in any merger. Thinks the Burger King model did not have as much growth built in as Tim Hortons’ did.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
DON'T BUY S-T Sherritt International Corp. Market Call Tonight (BNN TV) 2014-12-19 $3.230

This company, like most of the industrial type companies, is trending down. As a technical analyst, he wouldn’t even look at the stock at this time. Until he sees the trend line broken and some sort of a base, there is no reason to own the stock when there are so many great looking charts out there which are actually doing what he wants them to do.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
PAST TOP PICK TCM-T Thompson Creek Metals Market Call (BNN TV) 2014-12-19 $2.020

Has always been a molybdenum player, but doesn’t see any great upside. There is an excess supply. This comes out as a by-product. They did an acquisition, which was mostly copper, and has struggled with that a little. He would prefer some of the larger names that have more diversified exposure.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
COMMENT TDG-T Trinidad Drilling Ltd Market Call (BNN TV) 2014-12-19 $5.450

Likes the management, the story and the joint venture there running with Halliburton. The problem is, all the oil companies are cutting back on their CapX for the next couple of years, and the most impacted by that are the drilling companies.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
TOP PICK TLM-T Talisman Energy Market Call (BNN TV) 2014-12-19 $9.140

When he sees what Repsol is paying for this company, he wonders what they are doing. If you own, take your money and run.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Unknown View
TOP PICK TRZ.B-T Transat A.T. Inc (B) Market Call (BNN TV) 2014-12-19 $8.530

Not really an airline per se, but is really a travel company. They own the hotels and the destinations. That has always been a lumpier business which has impacted the stock. They are sitting on almost as much cash per share as the current share price, so you are getting almost the operating company for free, and it is generating $100 million in operating earnings. Have done a restructuring on their transatlantic routes because they were losing money in France, but have done a lot to drop the costs there. Now they have to fix their winter destinations a little bit. Very cheap.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
PAST TOP PICK TTM-N Tata Motors Ltd. Market Call Tonight (BNN TV) 2014-12-19 $41.390

(A Top Pick Nov 7/14. Down 11.07%.) The Bombay market fell quite strongly along with everything else in December. This is one of their larger cap stocks. However, the trend is up. The last low in October was $41, and the stock has been playing with this figure this week. As long as it holds, you can consider buying it at these prices. If it breaks below $41 and stays for more than a week or 2, he would actually Sell it. Fundamentals are pretty strong on this.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
PAST TOP PICK U-T Uranium Participation Corp. Market Call (BNN TV) 2014-12-19 $5.080

(A Top Pick Feb 10/14. Down 5.43%.) Price of uranium has moved up a little bit this year. This used to trade right in line with uranium, but is discounting uranium at about $34, where the actual price of uranium is $38. Thinks uranium is definitely going north of $50 in the next couple of years. Feels this ultimately has to go higher.

John Zechner NORTH AMERICAN - LARGE CAUTIOUS Yes View
COMMENT V-N Visa Inc. Market Call Tonight (BNN TV) 2014-12-19 $261.670

Shorting and covering? The bigger trend on the stock is not bad. The chart shows that this is definitely overbought. Technically speaking, he does not like shorting stocks in an uptrend. Possibly a cover might be at $228. Watch momentum oscillators for a round over, and then short them and cover at $228. There is a lot of risk in shorting.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
WATCH VCM-T Vecima Networks Inc. Market Call Tonight (BNN TV) 2014-12-19 $8.620

Not a bad looking chart. Went a little parabolic in 2014, so the current correction was probably deserved and needed to keep the stock healthy. Hasn’t broken down through the trend line. If you don’t own the stock, watch for the bounce off the trend line, just to be safe.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Unknown View
TOP PICK WSP-T WSP Global Inc. Market Call Tonight (BNN TV) 2014-12-19 $34.900

An engineering and international success story. There has been a long-term consolidation on this, in or around the high $20 area. It broke out in 2013 and broke through the previous high of around $33. It is now coming back to test. He bought on the breakout, which it is testing right now. It is probably a buying opportunity again. This stock should do well over the next few years.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
TOP PICK XLK-N SPDR Technology ETF Market Call Tonight (BNN TV) 2014-12-19 $41.570

(A Top Pick Nov 7/14. Up 2.32%.) Managing to hold its head above water. Technology stocks are bullish, usually until around the end of January, but sometimes he will hold them right through to the spring. The trend on the stock has been great for 3-4 years. He is very bullish on technology. The seasonal trade ends at around the end of January, but he’ll hold this right to the spring if the trend keeps going up.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
PAST TOP PICK ZCH-T China Equity Hedged to Cdn ETF Market Call Tonight (BNN TV) 2014-12-19 $17.810

(A Top Pick Nov 7/14. Down 2.2%.) This hasn’t worked as well as the Shanghai index, but he feels safer with this one. This one will be dragged along.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
TOP PICK ZUB-T BMO Equal Weight US Banks Hedged to CAD ETF Market Call Tonight (BNN TV) 2014-12-19 $21.320

From a seasonal perspective, you tend to get a bit of a pop from December to around April or so. Chart shows an uptrend through 2013 followed by a consolidation in 2014. It is now just starting to break out. He will play this for the next 4-5 months.

Keith Richards TECHNICAL ANALYSIS SELECTIVE Yes View
BUY A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-18 $0.020

Banks. The banks are set up for the environment that is coming toward us.  You have to pick your spots.  RY-T is probably the most attractive because it has such a large wealth management division.  The other bank he likes is TD-T because of the US footprint where they are executing well.  He would prefer a US bank because of the dividend growth.  WFC-N is one pick.

David Burrows NORTH AMERICAN CAUTIOUS Yes View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-18 $0.020

Markets.  We have been going through an18 month market transition.  In 2012 what worked was China and the countries that supplied into the China growth story.  As the growth story in China slowed, the consumer-lead growth story started to lead.  The one commodity that held up in value was oil.  Then the oil producers sold off starting with the weaker ones.  He steadily reduced his producers to zero starting in September.  The broad market then started to step away over the last 6 weeks.  The net is that this is a continuation of what has been happening over the last 18 months.  It sets up a very positive environment for the consumer market.  There is likely to be a really strong economic tail wind.  He is focused in developed markets.  He would use this strength as a continued opportunity to sell.  You have to look at the impact of emerging market debt.  As the US dollar goes up, that debt is going up.

David Burrows NORTH AMERICAN CAUTIOUS _N/A View
DON'T BUY A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-18 $0.020

Pipelines. Pipelines stocks are a group a lot of people have made money in.  It was a big weight in his income portfolios over the last 5 years.  Pipelines are the least correlated to the price of oil, but what has happened is that people have lost confidence in the pipelines and multiples have contracted.  They have long term contracts.  Low energy costs for 18 months could cause some volume loss, however.  IPL-T is probably one of the more resilient ones.  He would not put on any new positions just yet, however.

David Burrows NORTH AMERICAN CAUTIOUS Unknown View
N/A A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-18 $0.020

US$.  He thinks the appreciation will continue on for years to come.  The Canadian dollar is not appreciating against world currencies as quickly as the US. 

David Burrows NORTH AMERICAN CAUTIOUS _N/A View
BUY A Commentary A Comment -- General Comments From an Expert Market Call (BNN TV) 2014-12-18 $0.020

US Healthcare Sector.  The biggest industry in the US.  He would pick JNJ-N.  PFE-N is good also. 

David Burrows NORTH AMERICAN CAUTIOUS Unknown View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-18 $0.020

30-day rule. If you sell a stock in a self-directed cash account with a capital gain, and at the same time purchase the same stock in a self-directed TFSA,  does the 30 day rule apply? His understanding is that the answer is Yes.

John DeGoey PERSONAL FINANCE & ETFs UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-18 $0.020

Economy. It is generally conceded that next year we will still see global growth pretty sluggish and tepid. This makes it more important for investors to keep their costs low. If Real Return is fairly constant (Real Return is the return above inflation) and inflation is very low, then right away the nominal return is low. If we have tepid growth, then returns might be even lower still. We have muted growth and very little inflation, so the total return for the equity markets might be mid-single digits for the next little while. If that’s the case and you are using a traditional mutual fund where you are paying a 2.5%, that is half your return. Whatever you can do to in reduce your costs is really important. That includes the cost for advice you are getting. People who have a 7 digit portfolio should be paying less than 1% for advice.

John DeGoey PERSONAL FINANCE & ETFs UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-18 $0.020

2015 Investing Resolutions.

  1. Keep track of your household net worth (total assets -total liabilities) annually - it should be growing.
  2. Resolve to cut costs in 2015; financial advice for a 7 digit portfolio should cost >1%, IMO.
  3. Trade less. Research has shown repeatedly that trading correlates negatively to performance.
  4. Do all tax loss selling and make all charitable contributions before Christmas.
  5. Maximize all government plans if possible.
  • RRSP room can be found on your Notice of Assessment

Lifetime TFSA room is $31,000 with another $5500 in room coming in January.

John DeGoey PERSONAL FINANCE & ETFs UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-18 $0.020

Converting a stock portfolio with a lot of capital gains to an ETF? The deadline is Christmas Eve Dec 24th to have those capital gains pertinent to 2014. If you are prepared to wait for one more week, you can do the Sells and they can be counting against your 2015 tax liability, which allows you to push the tax bill back by 12 months. Make sure you keep the asset allocation consistent. On the other hand, you can do part of it for 2014, an additional part in 2015 and the rest in 2016. That will spread the tax bill out over 3 years.

John DeGoey PERSONAL FINANCE & ETFs UNKNOWN _N/A View
N/A A Commentary A Comment -- General Comments From an Expert Market Call Tonight (BNN TV) 2014-12-18 $0.020

Buying US stocks with Cdn$? He generally does not encourage doing this. If you have US$ already, then buy the US stocks with the US$'s.

John DeGoey PERSONAL FINANCE & ETFs UNKNOWN _N/A View
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