Viewing Expert Keith Richards | StockChase
stockchase picture

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

Viewing Expert

Keith Richards , Portfolio Manager

ValueTrend Wealth Management


Date Signal Chart Symbol Company Opinion Price
2017-07-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Economy. The Cdn$ has gone over $.80 for the first time in about 2 years. Since 2011, the trend for the loonie has been “net down”, and he believes we are in a countertrend rally. The $.80 has not really broken the trend. The US$ has been hammered, which has helped. It is now coming into a key level of support. A lot of commercial hedgers who were shorting the Cdn$ have covered their shorts and are almost back to a net neutral position. Meanwhile, on the US side, the net hedgers on the US$ are Net Short in a big way, almost at an extreme level. This is a set up for a US$ rally, probably happening fairly soon and a Cdn$ overbought level probably happening fairly soon. If you own US stocks, don’t be too fearful of a lot more downside on your US$ versus Canadian.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2017-07-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy. There is a monstrous technical lid on oil in the low $50s. If oil were to pop through $54-$55, it could be off to the races, but so far it has tried multiple times in the past 3 years, and it just can’t seem to do it.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2017-07-24 COMMENT Must be logged in to use chart AA-N Alcoa

Chart shows this was in a gently trending down-trend since February, and then broke out in June. The stock looks great, plus it is metal products and materials seem to be doing okay right now. The price of aluminum seems to be in an uptrend right now.


Price:
$36.690
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 COMMENT Must be logged in to use chart ALA-T Altagas Ltd

The kind of “go to” gas company, but you do have that whole “what are gas prices doing?” thing. This has been basing with the highs being more or less flat and fading. It needs to break its top level at around the mid-$30 level.


Price:
$29.190
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 COMMENT Must be logged in to use chart AMGN-Q Amgen Inc.

Trading range would be between $129 and about $180. Generally, he likes breakouts, but the chart shows that breakouts in the past have failed. He would be a little concerned with this.


Price:
$181.060
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 COMMENT Must be logged in to use chart BAM.A-T Brookfield Asset Management (A)

The “old lid” of $48 is the level of support. It is at $49 now and could pull back to the $48 level again. On the chart, the highs and lows seem to be progressing, and the stock is consolidating. He would guess the breakout is still in place.


Price:
$49.460
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 COMMENT Must be logged in to use chart BB-T BlackBerry

This has been through the grinder a few times. There is enough volatility that a trader could have some fun with it. Consolidated through much of last year, and broke out this year. If you get a break out, it can often roughly equal in volatility the movement of the former trading range. In this case, it actually overshot that, and has now moved back into its lower range. Technically, he would not buy this, as he thinks it could pull back to around $11.50.


Price:
$12.620
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 PAST TOP PICK Must be logged in to use chart BCE-T BCE Inc.

(A Top Pick June 12/17. Down 2.8%.) He owns this because it is a low beta stock. Also, telecoms can do okay, particularly in the latter part of the summer. There is very little danger and it pays a very good dividend.


Price:
$58.200
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-07-24 WATCH Must be logged in to use chart BUS-X Grande West Transportation Group

It went parabolic in 2016-2017, which is usually a pretty good sign that it is overbought. Now, it is consolidating showing a flag or triangle formation, which is a good thing. It shows that it is taking out the excess of that parabolic crease, a move that it did. It will probably break out to the upside, but you have to watch and wait. If it breaks out to the downside, that is bad news.


Price:
$2.920
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 PAST TOP PICK Must be logged in to use chart CASH CASH

(A Top Pick June 12/17.) He is holding about 35% of his holdings in cash, which is a little on the high side.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-07-24 TOP PICK Must be logged in to use chart CASH CASH

There are overbought conditions on the NASDAQ, and there are diverging momentum indicators. The momentum is slowing down even though it is making new highs, and that is a danger signal. The 2 weakest months in the whole year are August and September. He is holding 35% in cash, which is above his historical average, because the leading sector, the FANGs, are so overbought.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-07-24 COMMENT Must be logged in to use chart CNR-T Canadian National R.R.

Rails are starting to look a little iffy. The chart looks like it has a slight toppy looking formation going on. It looks like it is testing the bigger upward trend line, which is running from 2016. The chart shows a small neckline break, but the bigger picture is, is the big trend line still being held? $100 is going to be significant for the stock. If it holds it over the next couple of months, then you are probably okay. If it breaks it by much, and stays below $100 for long, it could be a problem.


Price:
$101.630
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 TOP PICK Must be logged in to use chart COST-Q Costco Wholesale

Amazon acquisition of Whole Foods could change the landscape for all retailers, however, it hasn’t happened yet. The acquisition is years away and it has to get through regulation. In the meantime, this company is performing financially, and nothing has changed in their unique story. The drop in price is parabolic to the downside and this is a good entry point. (Analysts’ price target is $185.)


Price:
$151.000
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-07-24 COMMENT Must be logged in to use chart CVS-N CVS Health Corp

Chart shows this has been in a bit of a downtrend, but the good news is that it has been consolidating. It could be an ascending triangle where the lows get higher and the highs are pretty flat. If it breaks through the low $80s to the upside, it could be very bullish.


Price:
$77.100
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-07-24 COMMENT Must be logged in to use chart FB-Q Facebook

This is the seasonal period where markets move out of the high beta, technology sector, so this one is going to be faced with that pressure. Also, they are a little overbought. Chart shows a nice solid up-trend since 2015, but then arched way off the uptrend in 2017 and then arched again. Technically, that is good, but is also really overbought. You might get a pullback, and it might be a good opportunity to buy any of the FANG stocks.


Price:
$166.000
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 1,321 entries
<< < 1 2 3 4 5 > >>

2 Comments

BeauRegard

March 20th 2015 at 12:57pm

You should be honored to be named after one of the 'Glimmer twins' ;>)

Rogor

January 5th 2017 at 2:09am

This is a really helpful resource. Thank you for putting it together. Nice work!


You must be logged in to comment.