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

Recent Opinions

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Date Signal Company Expert Opinion Price
2017-08-18 N/A A Comment -- General Comments From an Expert
A Commentary
Norman Levine

Markets.  The chaos in Washington does nothing for him in terms of investing.  Both Obama and Trump had legislative gridlock.  A lot of what Trump has talked about has done nothing financially because congress has not wanted to play along.  He keeps waiting for ‘this great correction’ to happen in the US.  Valuations have gotten out of hand.  While the DOW has been hitting new highs, it has been because of AAPL-Q and BA-N.  If you look at an equal weight index, it has been going down.  The Canadian economy is probably one of the best in the world, but because our market is mostly financials and resource/materials, it has been one of the worst in the world.  The rising dollar has taken away any foreign gains you had and the rise in interest rates has taken from your fixed income investments.  Canadian investors have the worst of all worlds.


Price: $0.020
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: _N/A
2017-08-18 N/A A Comment -- General Comments From an Expert
A Commentary
Jon Vialoux

Markets.  We are in the most volatile time of year for the equity markets.  It is a slower time of year and economic activity is diminished.  The headlines are affecting it as we are past the earnings season.  The new season is turning out to be very volatile.  North Korea is nothing new either, but investors are grasping onto that because there is nothing else.  From a technical perspective we are seeing cracks in the longer term S&P.  We broke a rising trend line yesterday.  From a low in July we tend to see the VIX rise and it causes erratic trading activity in the market.  Opportunities to buy are created if you want to add to your portfolio.  We dipped below the rising trend line that was supporting markets in the S&P.  Investors are becoming risk adverse.  Breadth and momentum are decreasing.  Gold is the classic volatility play.  You tend to see a rise through to October.  This year we are bumping to resistance about $1300.  We cracked it today.  It just takes a number of cracks to make it break all together.


Price: $0.020
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: _N/A
2017-08-18 N/A A Comment -- General Comments From an Expert
A Commentary
Jon Vialoux

Nat Gas projections.  The period of season strength is September through to December.  We have seen below average demand in the summer because it has not been a very hot summer.  There has not been that consumption that can lift prices higher.  We have a head and shoulders pattern this year.  Support is about $2.64.  If you get a break on that you see a dip of significant magnitude ($1.50).  He has not seen a bearish pattern play out to that magnitude.  We are expecting a colder than average winter.  We still have lots of time to watch it.  Just sit tight for now.


Price: $0.020
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: _N/A
2017-08-18 WATCH A Comment -- General Comments From an Expert
A Commentary
Jon Vialoux

S&P – where is the support level?  We don’t have the setting for a dramatic sell off.  It will be an orderly sell off of 5-10%. 


Price: $0.020
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 WATCH Apple
AAPL-Q
Jon Vialoux

It had a positive trend.  The gap is $155 and that was previous resistance.  There is a level of support below the market.  If it breaks below that the next level of support is $140 and then $130 so there is potential downside.  The headlines regarding the upcoming launch are supporting it.  That event is very seasonal in nature.  It should dip, selling on the news, in mid-September.  Then we have to see what the sales are on this new product. 


Price: $157.500
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 DON'T BUY Air Canada
AC-T
Norman Levine

You should never own airlines for the long term.  They are extremely cyclical industries.  They have done a wonderful job of taking costs out of their operations.  AC-T had a huge run and he does not know how long it will continue.


Price: $22.450
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 DON'T BUY Applied Materials
AMAT-Q
Jon Vialoux

The optimal time to buy is between December 1st and Feb 21st, producing a 10.86% return normally.  We have seen some problems this year.  There was a constant rising trend line.  It has been a great run, but now we have a short term double top at $47.50.  The lower limit is $42 and if we break that support there would be a further $5 move down.  We are out of the period of seasonal strength.  It should decline 10% before the end of October, seasonally.


Price: $44.300
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 COMMENT Amazon.com
AMZN-Q
Norman Levine

People believe this is going to kill all of retail.  They do not yet make a profit.  They make amazing sales, but don’t worry about making profits.  There was a time when people thought Wal-Mart would take over the world and drive other retailers out of business.  Retailers learned how to deal with and compete with Wal-Mart.  They adapted their operations.  He believes the same thing will happen with AMZN-Q.  It will not go away, but not take everything over either.


Price: $958.470
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 TOP PICK Arc Resources Ltd
ARX-T
Norman Levine

Oil and gas company, mostly natural gas, mostly in BC.  A lot of that is explaining why it is acting as it is in the short term.  It has a secure dividend.  The problem is that it is in BC. He likes natural gas.  Buy things when they are beaten up.  They don’t yet pay a dividend and he does not see one until at least 2020.  They will benefit from rising interest rates.  (Analysts' target: $69.50).


Price: $15.790
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 BUY Alimentation Couche-Tard (B)
ATD.B-T
Norman Levine

He owns PKI-T instead.  ATD.B-T is international and is way bigger.  They make more of their money from convenience store sales.  When the economy softens they don’t do as well.  They did a number of large acquisitions last year and the market wants time to digest them.


Price: $60.740
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: No
2017-08-18 HOLD Boeing
BA-N
Norman Levine

One of the two stocks that has been propelling the Dow.  Whether that continues remains to be seen.  Defense stocks in general have been doing well and the airline industry around the world has been doing well also.  This one has been doing well and he would almost be a seller of it now.


Price: $235.770
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 HOLD Bank of America
BAC-N
Norman Levine

If you are a long term investor, the financials are good, although they are rolling over in the short term.  He is not as big a fan of the major city banks as of the regional banks.  He would keep it.


Price: $23.620
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 PAST TOP PICK Badger Daylighting
BAD-T
Norman Levine

(Top Pick Sept. 9/16, Up 0.65%)  He bought it when it was about $5 as an income stock.  They’re not as big in oil now, but in municipalities.  This year it had a slow January.  The next two months were so good that they started to build more trucks.  Last week it reported excellent results.  But a short seller went very vocal.  He feels this is a great long term hold.


Price: $27.440
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 TOP PICK Brighthouse Financial Inc.
BHF-Q
Norman Levine

It is a brand new company.  It is the retail division of Met Life, who will continue with institutional life insurance.  BHF-Q is doing variable rate annuities and personal insurance.  The stock went down because some sold off the stock they received from the split up because they did not want to be bothered with it.  (Analysts’ target: $69.50).


Price: $57.450
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 PAST TOP PICK BankUnited, Inc
BKU-N
Norman Levine

(Top Pick Sept. 9/16, Up 6.84%)  It went bankrupt during the crisis and was rescued and recapitalized.  It is headquartered in Florida and takes retail business, but is mainly a commercial bank.  It is dependent on loan growth more than interest rate growth.  Loan growth has been a little sluggish, but he feels it will go up.  He is putting new clients into it.


Price: $32.850
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 PAST TOP PICK Cara Operations Ltd.
CARA-T
Norman Levine

(Top Pick Sept. 9/16, Down 22.60%)  He is disappointed.  They have a big exposure to Alberta and the impact from oil is going down.  Same store sales are starting to stabilize.  It is too cheap to see it here, but it has probably seen its bottom.


Price: $22.900
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 HOLD CASH
CASH
Norman Levine

He has some of his clients’ money in high interest savings accounts.  It is an important investment asset.  If you are fully invested all the time and an opportunity comes along you have to sell something.  Your sell decision should be independent.  The longer you are in a market cycle, then the more likely you are to have a market correction.  He is 10-15% cash for his clients.


Price: $0.010
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 DON'T BUY Cineplex Inc
CGX-T
Norman Levine

He has never owned it because he is one of their best customers.  He has been finding that it is difficult to decide what to go and see and sometimes he considers not seeing anything.  They cannot pick and choose what to sell.  If it is a great movie season they benefit, but if it is bad they suffer.  The movies are the tail that wags the dog.  He has yet to see where this movie season is going to turn around.


Price: $40.150
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: No
2017-08-18 SPECULATIVE BUY Cineplex Inc
CGX-T
Jon Vialoux

It is a falling knife.  It has had a collapse failing its recent earnings report.  It has a gap.  It is very oversold right now.  You could potentially play a rebound trade, but it would be very short lived and volatile.  A trend has broken.


Price: $40.150
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 WATCH Corus Entertainment (B)
CJR.B-T
Jon Vialoux

Buy Nov 25th and sell Feb 18th.  It produces about 6.5%.  It has really done not too much this year and it is bumping up against resistance.  We want to see a break above $14.  It raises some warning signs, but you could apply a bottoming pattern.


Price: $13.740
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 BUY on WEAKNESS Canadian National R.R.
CNR-T
Norman Levine

It is the best run railway in North America.  They need increasing volumes in products and commodities to move.  They have a big exposure to cross boarder business and not so much to commodities.  Hopefully NAFTA stays as it is.  The dry weather out West could be bad for them.  Buy as they sell off.


Price: $100.000
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Yes
2017-08-18 DON'T BUY Facebook
FB-Q
Jon Vialoux

NFLX-Q vs. FB-Q. Two of the fang names have taken us thus far.  He would prefer Netflix.  It gapped up to $160.  FB-Q is bumping its head on rising trend line resistance.  He expects a retracement here.  He prefers NTFLX-Q.


Price: $167.410
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 TOP PICK FedEx
FDX-N
Jon Vialoux

The high shipping season is end of year.  Buy August 27th and sell November 29th(Analysts’ target: $235.00).


Price: $206.000
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: No
2017-08-18 TOP PICK Goldex Resources Corp.
GDX-T
Jon Vialoux

It is 67% cash.  We saw a crack on the price of gold – we cracked the line of resistance.  Seasonal strength is end of July to end of October.  We see early signs of producers outperforming the commodity.  It is a play on volatility, which is seasonal this time of year.  The Indian tax on gold will prevent the bounce in the commodity. 


Price: $0.000
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: No
2017-08-18 WATCH Gilead Sciences Inc.
GILD-Q
Jon Vialoux

The seasonal strength is June 10 to October 24th.  The average is 15% over that period.  We did have a nice break of declining trend line resistance.  We do have a declining trend line and we are not out of the woods yet.  He would hope it could find some support.  If it holds $70 you want to be buying it.


Price: $72.110
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 BUY Gorman-Rupp
GRC-N
Norman Levine

The world’s largest manufacturer of industrial pumps.  It is the third generation of the family that are running it.  It has increased its dividend 44 years in a row.  What has held it back in the last couple of years is that they move fluids and some of it is oil and the weakness in that industry has hurt them.  That part of the business is starting to improve.  Their latest quarter was better than expected.  This will be a good long term stock to own.


Price: $26.990
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: Unknown
2017-08-18 PAST TOP PICK iShares Nasdaq BioTech ETF
IBB-Q
Jon Vialoux

(Top Pick Jun 28/17, Down 4.04%)  Season strength is June to September for Biotech.  It is the ramp up ahead of cold and flu season.  It broke a significance line and we are re-testing it.  Momentum has come out of the name in the last three weeks.  There is the continuous overhang of high drug prices in the US.  If it cannot hold $300 then get out of it.  It is no longer supported as a seasonal trade and he would get out of it.


Price: $304.060
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: No
2017-08-18 WATCH Inter Pipeline
IPL-T
Jon Vialoux

It is being driven down by interest sensitivity in some of these stocks.  It is deriving its value from what interest rates are doing.  You would want to be increasing your holdings in these stocks, but because it has been dropping off, you have to watch. 


Price: $22.680
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
2017-08-18 DON'T BUY Manulife Financial
MFC-T
Norman Levine

He owns others instead.  It comes down to quality of management and an ill-timed acquisition of John Hancock.  It continues to underperform and they may now spin it out or sell it.  It continues not to be a good performer.  They have hedged away a lot of the benefit they will get from rising bond prices.


Price: $24.500
Subject: NORTH AMERICAN - LARGE
Bias: SELECTIVE
Owned: No
2017-08-18 BUY Netflix Inc.
NFLX-Q
Jon Vialoux

NFLX-Q vs. FB-Q. Two of the fang names have taken us thus far.  He would prefer Netflix.  It gapped up to $160.  FB-Q is bumping its head on rising trend line resistance.  He expects a retracement here.  He prefers NTFLX-Q.


Price: $166.540
Subject: TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias: OPTIMISTIC
Owned: Unknown
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