Record highs in the S&P500. TSX is also very close to hitting all time highs. People are buying because markets are going up. There are some concerns that the markets are going to fall down again. However, the breakout we’ve seen this month is distinctive as we are breaking above new levels.

Half of the gain this year is a recovery from last year. We’re up 2-4% annualized, depending on which market you look at, so there is still lots of volatility.

Right now, compared to 2 years ago, it’s been steady so you definitely have to trade to get good performance.

If it can continue on volume, it looks very positive. It has built a nice base and it’s worthy of a buy. Support should be around $27. He would aim for the 100 day moving average.

He recently sold all his position. It’s found a short term bottom. He’s not looking to get back in, since there are better opportunities elsewhere. Some investors are providing support but they seem to fade away and get another round of sellers. Get out if it goes below $61.50.

It’s in a nice uptrend and is coming back to consolidation levels. He would say the exit point is around $13.25. Technically, everything looks good.

There are a lot of components in the energy sector that are weighing them down. The stock came down so much that it’s looking to be more of a bankrupt company than a turnaround story. The stock’s not looking good so be very careful. It could bounce back, or go lower.

The chart shows that it can go further down. The motion is still down trending. The stock hasn’t been at these levels since ages. Volume is also declining so there will be more sellers in the next few weeks.

Moving averages are good to find an exit point. Looking for crossover of several moving averages could indicate its momentum.

He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.

(A Top Pick Nov 05/18, Down 18%) He guessed it would go to $80 and it did for a moment. The turnaround in the housing market looked good at the time he recommended it. He did buy it and took a small loss. A good trading stock but wouldn’t be buying it right now.

(A Top Pick Nov 05/18, Up 30%) The housing market that is robust has helped this company. The trend is nice so you could buy it now even.

(A Top Pick Nov 05/18, Up 31%) He’s still bullish on Costco. The chart looks good. It looks expensive but sometimes buying expensive stocks is your best bet.

Likes this stock. It’s gone through a lot of cycles but it’s now in a holding pattern. It looks like a pretty good purchase right now. It could probably go up to around $8.30.

A poor buy and hold stock. In an almost 10 year range, it’s been quite range-bound. It could go up to $28 quite quickly in the near term. It’s not a high end growth stock but a cyclical stock.