Teck Resources Ltd. (B) (TECK.B.TO)

Nov. 26 is when you want to enter that sector. He would wait because it is in a downward trend. It has negative momentum.

This name is quite volatile. Would prefer to buy it when it is back on the upswing. This is probably the only mining name he would own in Canada. It is well run with a diverse asset base. It is probably oversold at current levels. He likes the company and the space.

It's late cycle for TECK and related minerals companies. He owns very little in this space because he doesn't see upside. TECK itself is a good company.

A declining US dollar would be good for copper. This would be the safest place to make an entry into base metals. This is a good spot to be.

He is very neutral right now, but would become a buyer in the $20 range. There is risk to a global China tariff war.

He thinks now is a good time to get half your position in. Most material stocks have not acted well this year. Late cycle in the bull trend, he thinks commodities will get another year or two of potential upside. He is watching this one right now.

(A Top Pick June 27/17 Up 52%) The commodity cycle has come back and the dividend is great. Still a cheap stock relative to its US peers. At some point they will buy more, if the share price drops. Copper is short and the company is making good cash flow as global demand continues to grow in India and China.

One of the strongest base metal names. If it gets below $28 then something bigger is happening in the world. (0.7% yield, $41.40 analysts' price target)

Canada's go-to mining stock and a relatively stable one. It has survived a rough period of acqusition/heavy leverage/stock sell-off. Market sentiment towards mining overall remains weak (and he prefers the oil sector), so he holds little mining.

Optimal hold from November 20 to February 14. Moving averages curling over. Don’t get excited yet. Wait for a better entry point. (Analysts’ price target is around $41)

He's between a buy and hold. The biggest headwind for commodities has been the U.S. dollar which he expects to peak soon then decline. Metallurgical coal prices are hanging in better. Teck has used the m-coal boom of the last few years to pay down their debt. Now, their balance sheet is strong and they have decent cash flow. This is one of the better stories in large-cap materials stocks.

Uptrend during 2016, a pullback in 2017, then another uptrend since mid-2017, though a slight downtrend this year. It's starting to look attractive now. He would add on weakness here.