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
2017-10-16 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market.  A correction is by no means implausible at this stage.  There is a small stage during the last couple of weeks of October for a correction.  Momentum is a bit overdone.  Things have gotten extreme over the short term.  There is a potential for a small correction.  You should be buying because there is no end to the overall trend coming.  If you have some cash, get in and buy.  Several times the TSX has come close to the 16,000 level.  It is pretty strong technical resistance level.  It is the 30th anniversary of the Wall Street crash, but he does not thing that is significant.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2017-10-16 WATCH Must be logged in to use chart ABR-N Arbor Realty Trust

The dollar has been crazy.  Te stock is definitely struggling a bit.  It is more of a consolidation.  It is forming a triangle.  It depends what side of the triangle it breaks out on.  Don’t make a prediction until it proves which side of the triangle it will break out on.


Price:
$8.350
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 DON'T BUY Must be logged in to use chart ALA-T Altagas Ltd

When you have an unusually high dividend, it is sometimes an opportunity but more often it is a sign that the market is selling off the stock thinking there is worse times coming.  ALA-T is in a down trend.  Until lower lows and lower highs stop, it is in a downward trend.  The market may be forecasting a cut in the dividend.


Price:
$28.430
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 HOLD Must be logged in to use chart ARE-T Aecon Group Inc

The longer term trend is up.  It is coming off the bottom of its trading range.  As long as it stays in the general uptrend, it would stay with the story.  You have to put up with the volatility. 


Price:
$16.360
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 WATCH Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

The level of consolidation is worrisome.  Support is about $60 and it is pushing that now.  If it stays he would hold it based on the consolidation breaking out.  He would only be worried if the recent move down does not come back up into the trading range.  If not, it would indicate a new trading range.  It is a wait and see.  Metro is selling their ATD.B-T holding and this could be putting pressure on it. 


Price:
$59.850
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 COMMENT Must be logged in to use chart CASH CASH

He holds it for seasonal reasons.  Sell in May and go away did not work this year.  The other reason he holds cash is if he sees a break in the trend of S&P.  He goes 15% to 50% into cash, depending on what he sees.


Price:
$0.010
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
_N/A
2017-10-16 TOP PICK Must be logged in to use chart CM-T Canadian Imperial Bank of Commerce

They are far more levered to housing and mortgages.  It has not come back to the old highs.  They are good at what they do.  It is the most unloved and the lowest PE bank.  (Analysts’ target: $118).


Price:
$112.270
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-10-16 WATCH Must be logged in to use chart CUF.UN-T Cominar Real Estate Inv Tr

The big picture is a little bit bearish.  There is a look to this stock that it is heading for $15.  If it breaks the bigger picture downtrend it will be positive. 


Price:
$13.880
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 HOLD Must be logged in to use chart CVS-N CVS Health Corp

It is consolidating and is a really good example of a base.  You know to sell it if it breaks down 3% below the trading range for 3 weeks.  If it breaks to the upside 3 weeks, 3% to the upside, then you should buy it.


Price:
$72.440
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 HOLD Must be logged in to use chart EMA-T Emera Inc

EMA-T vs. FTS-T.  Utilities and rate hikes.  Most of the calls around interest rates are for 1 more non-aggressive interest rate rise.  It may not have as great a rise in utilities.  They are doing what utilities have been doing recently – consolidating.  You might see a slide down within the trading range.  FTS-T has an uptrend, unlike EMA-T.  It’s okay if both go sideways because you collect the dividend.


Price:
$48.330
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 PAST TOP PICK Must be logged in to use chart ETFC-Q ETrade Financial Corp.

(A Top Pick May 3/17, Up 23%)  He was looking to a breakout of the stock.  It still has lots and lots of upside.  It was underappreciated but now has a lot of room to go.  You could get pullbacks in the next couple of weeks and then you could buy more.


Price:
$44.490
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-10-16 TOP PICK Must be logged in to use chart ETFC-Q ETrade Financial Corp.

It has lots of upside.  You want to own stocks for the winter.  If there was a 3-5% pullback, then this one would do so and it would be a great time to buy it.


Price:
$44.490
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-10-16 PAST TOP PICK Must be logged in to use chart EWZ-N iShares MSCI Brazil ETF

(A Top Pick May 3/17, Up 14%)  He took a 3% position.  Sometimes these things don’t work out.  You had a broken downtrend.


Price:
$42.940
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Yes
2017-10-16 HOLD Must be logged in to use chart FCX-N Freeport McMoran Copper & Gold

It is a consolidating stock since mid-2015.  There is technical resistance about $16.  It keeps repeating this.  If it could break this it would be quite bullish.  Until then it is moving sideways.


Price:
$15.270
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
Unknown
2017-10-16 BUY Must be logged in to use chart FFH-T Fairfax Financial

It is on his buy list.  He likes that management has been switching out of more hedgy types of positioning and into traditional long approaches to the market.  FFH-T has good exposure to India.  He likes it.


Price:
$642.540
Subject:
TECHNICAL ANALYSIS
Bias:
CAUTIOUS
Owned:
No
Showing 1 to 15 of 1,373 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.