Opinions by Brooke Thackray | StockChase
804
Brooke Thackray

President

ON STOCKCHASE SINCE Oct 2007

Jov Investment Management

804
Brooke Thackray

President

ON STOCKCHASE SINCE Oct 2007

Jov Investment Management


Opinions by Brooke Thackray


Signal Opinion Expert Chart
COMMENT
General Market Comment 

December 19, 2017

S&P 500 or DOW From seasonal perspective, the DOW and S&P have the same seasonal period from October 20th to May 5th.  The DOW has done particularly well this year because of the large caps. He can’t say anything negative about it all. Technically, it’s strong. Seasonally we’re still in the period for it as well. In the fall-time, it’s typically DOW that tends to perform a bit better. Small cap tends to perform better at this time of the year so the S&P 500 might be a little bit better but they are both in fairly good shape at this point.

S&P 500 or DOW From seasonal perspective, the DOW and S&P have the same seasonal period from October 20th to May 5th.  The DOW has done particularly well this year because of the large caps. He can’t say anything negative about it all. Technically, it’s strong. Seasonally we’re still in the period for it as well. In the fall-time, it’s typically DOW that tends to perform a bit better. Small cap tends to perform better at this time of the year so the S&P 500 might be a little bit better but they are both in fairly good shape at this point.

Unknown
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$0.020
Owned Owned
Unknown

Must be logged in to use chart
COMMENT
Aurora Cannabis(ACB-T) 

December 19, 2017

That’s a hard one to say. It’s one of the stronger stocks now but there’s going to be a lot of jockeying back and forth and buying out. Cannabis stocks are hot and the sector is performing well. He can’t say anything technical since he hasn’t seen a breakdown at this time. When a stock goes vertical like this one, it’s hard to determine the support level when it breaks down. The best way to look for an exit point is if it starts to underperform the market.

That’s a hard one to say. It’s one of the stronger stocks now but there’s going to be a lot of jockeying back and forth and buying out. Cannabis stocks are hot and the sector is performing well. He can’t say anything technical since he hasn’t seen a breakdown at this time. When a stock goes vertical like this one, it’s hard to determine the support level when it breaks down. The best way to look for an exit point is if it starts to underperform the market.

0
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$7.100
Owned Owned
Unknown

Must be logged in to use chart
WAIT

From a seasonal perspective, it’s very difficult to do an analysis on a stock like this that had this rapid growth. It has consolidated in the last 2 years, before that in 2015 we saw a ramp up that was fantastic, but right now we’re at the top of the range and it looks like we might be turning down at this point. He would actually be waiting on this one and wait for a pull back, perhaps at level of about $50. That’s a long way down, but if it does get there that would be a good entry point.

food stores

From a seasonal perspective, it’s very difficult to do an analysis on a stock like this that had this rapid growth. It has consolidated in the last 2 years, before that in 2015 we saw a ramp up that was fantastic, but right now we’re at the top of the range and it looks like we might be turning down at this point. He would actually be waiting on this one and wait for a pull back, perhaps at level of about $50. That’s a long way down, but if it does get there that would be a good entry point.

food stores
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$66.470
Owned Owned
Unknown

Must be logged in to use chart
COMMENT
Bombardier Inc (B)(BBD.B-T) 

December 19, 2017

Impact of Boeing dispute decision to be announced tomorrow. It will move the stock a little bit but he can’t say on the outcome. Bombardier has said they would make planes in the States. If they didn’t have the relationship with Aribus, it would move the stock a lot more. Now that they have this relationship, it’s very difficult to say what's going to happen. Striking a partnership with Airbus has edged away some of their exposure.

transportation equip & components

Impact of Boeing dispute decision to be announced tomorrow. It will move the stock a little bit but he can’t say on the outcome. Bombardier has said they would make planes in the States. If they didn’t have the relationship with Aribus, it would move the stock a lot more. Now that they have this relationship, it’s very difficult to say what's going to happen. Striking a partnership with Airbus has edged away some of their exposure.

transportation equip & components
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$3.060
Owned Owned
Unknown

Must be logged in to use chart
COMMENT
CitiGroup(C-N) 

December 19, 2017

Has done extremely well. They benefited from a number of different things, including rising rates in the states, but they are also well exposed heavily; more so that the other banks, to international markets, approximately 45% of their earnings. That’s good and bad. Last year in 2017 it actually outperformed at lot of the other banks. Seasonal periods for banks last until April. It’s performing well. From a fundamental perspective, though, US dollars tends to pick up in January. If we see stronger US dollars in January and February, you might see this bank underperform against the other banks because of its emerging markets exposure. Citigroup is fine. Just watch it and the US dollar as well.

insurance

Has done extremely well. They benefited from a number of different things, including rising rates in the states, but they are also well exposed heavily; more so that the other banks, to international markets, approximately 45% of their earnings. That’s good and bad. Last year in 2017 it actually outperformed at lot of the other banks. Seasonal periods for banks last until April. It’s performing well. From a fundamental perspective, though, US dollars tends to pick up in January. If we see stronger US dollars in January and February, you might see this bank underperform against the other banks because of its emerging markets exposure. Citigroup is fine. Just watch it and the US dollar as well.

insurance
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$74.700
Owned Owned
Unknown

Must be logged in to use chart
COMMENT
CI Financial Corp(CIX-T) 

December 19, 2017

They are in a tough industry being in mutual funds and trying to transition out. Saw a big decline from 2015 until 2016 and now we’ve just moved sideways when they should have been moving up.  We are in seasonal period and financial companies tends to get strong at this time of the year. From a seasonal perspective, look at April to be getting out if you’re in it. He doesn’t see an exciting opportunity here. If they break above the $30 level that might actually be a good thing. Technically it’s looking OK despite being flat for most of the year.

investment companies/funds

They are in a tough industry being in mutual funds and trying to transition out. Saw a big decline from 2015 until 2016 and now we’ve just moved sideways when they should have been moving up.  We are in seasonal period and financial companies tends to get strong at this time of the year. From a seasonal perspective, look at April to be getting out if you’re in it. He doesn’t see an exciting opportunity here. If they break above the $30 level that might actually be a good thing. Technically it’s looking OK despite being flat for most of the year.

investment companies/funds
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$29.510
Owned Owned
Unknown

Must be logged in to use chart
DON'T BUY

They’ve had their trouble a little bit here. We haven’t really seen a lot of strength. We want it to consolidate a little bit more and see a breakout. Right now, technically, it’s not looking strong. He would be holding off on this.

Financial Services

They’ve had their trouble a little bit here. We haven’t really seen a lot of strength. We want it to consolidate a little bit more and see a breakout. Right now, technically, it’s not looking strong. He would be holding off on this.

Financial Services
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$7.640
Owned Owned
Unknown

Must be logged in to use chart
COMMENT

Canadian banks are a core part of anyone’s portfolio. Lots of positive stuff about them. CIBC was one of the two banks who beat expectation in last earnings. We see Canadian banks outperform from August after Q3 earnings and have to see strong earnings in Q4; otherwise they tend to underperform. Seeing some softness in the general banks. Sold their Canadian financial sector positions at the end of November. Looking to get back in the sector late January. On the technical basis, breaking above $125 or so would be positive technically. Right now, banks can still move up. It’s not that they aren’t positive at this time of the year, but it’s just that they tend to underperform the TSX Composite at the moment.

banks

Canadian banks are a core part of anyone’s portfolio. Lots of positive stuff about them. CIBC was one of the two banks who beat expectation in last earnings. We see Canadian banks outperform from August after Q3 earnings and have to see strong earnings in Q4; otherwise they tend to underperform. Seeing some softness in the general banks. Sold their Canadian financial sector positions at the end of November. Looking to get back in the sector late January. On the technical basis, breaking above $125 or so would be positive technically. Right now, banks can still move up. It’s not that they aren’t positive at this time of the year, but it’s just that they tend to underperform the TSX Composite at the moment.

banks
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$121.650
Owned Owned
Unknown

Must be logged in to use chart
WAIT

He love this company. Seasonal period for this is from October 28th to end of November. If we look back, Canadian Tire actually has an extremely weak January. It’s part of retail and retail tends to be weak in January. It’s actually only outperformed the TSX Composite 17% of the time in January. He would wait until the end of January into February to pick up this stock.

specialty stores

He love this company. Seasonal period for this is from October 28th to end of November. If we look back, Canadian Tire actually has an extremely weak January. It’s part of retail and retail tends to be weak in January. It’s actually only outperformed the TSX Composite 17% of the time in January. He would wait until the end of January into February to pick up this stock.

specialty stores
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$163.690
Owned Owned
Unknown

Must be logged in to use chart
BUY
Facebook(FB-Q) 

December 19, 2017

Great company. Last quarter they had earnings growth of 24%. They are doing all the right things. From a seasonal perspective, Technology are strong from October until January. We’re in a solid pattern here, no resistance up above, this is positive. It’s seasonally strong and technically hasn’t broken down. This is good to go right now.

Great company. Last quarter they had earnings growth of 24%. They are doing all the right things. From a seasonal perspective, Technology are strong from October until January. We’re in a solid pattern here, no resistance up above, this is positive. It’s seasonally strong and technically hasn’t broken down. This is good to go right now.

0
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$179.510
Owned Owned
Unknown

Must be logged in to use chart
COMMENT
Husky Energy(HSE-T) 

December 19, 2017

They suspended the dividends but there is an expectation they are going to restore it. Going sideways, fairly good development overall. We are not in the seasonal period for energy. It can be a little weak in January. If it get closer to $19 level or so, that would be a good technical buy signal. We’ve seen some pickup with higher lows so technically this looks better as we get into the seasonal period for energy stock.

oil/gas

They suspended the dividends but there is an expectation they are going to restore it. Going sideways, fairly good development overall. We are not in the seasonal period for energy. It can be a little weak in January. If it get closer to $19 level or so, that would be a good technical buy signal. We’ve seen some pickup with higher lows so technically this looks better as we get into the seasonal period for energy stock.

oil/gas
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$17.180
Owned Owned
Unknown

Must be logged in to use chart
TOP PICK
HBP Comex Silver ETF(HUZ-T) 

December 19, 2017

Silver has presented itself as an excellent opportunity in the last few years. We’ve seen gold and silver go down in the month of December and it’s presented a really good value opportunity in the end of December. The seasonal period is from January 1st to March 31st for silver and the sweet spot is really in January into the beginning of February, so good seasonal trade. Technicals are setting up very similarly. We’ve seen the correction come down and we’re starting to see a bit of an uptick in silver.

E.T.F.'s

Silver has presented itself as an excellent opportunity in the last few years. We’ve seen gold and silver go down in the month of December and it’s presented a really good value opportunity in the end of December. The seasonal period is from January 1st to March 31st for silver and the sweet spot is really in January into the beginning of February, so good seasonal trade. Technicals are setting up very similarly. We’ve seen the correction come down and we’re starting to see a bit of an uptick in silver.

E.T.F.'s
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$8.970
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Inter Pipeline(IPL-T) 

December 19, 2017

They are building this $3.5 billion petrochemical plant to make plastic which is really interesting. From a company perspective, thats a huge thing for them. It’s going to add some diversification. As far as the actual technicals, we saw this overall flat period followed by a little bit of a correction, and the stock is down overall so far in 2017. Energy stocks tends to perform well in February or early January. This might be a good way to sneak into the sector right now. He would like to see a little bit more strength right now. We have seen a breakout on the downtrend which is positive, but he’d be looking for more of a breakout here.

oil pipelines

They are building this $3.5 billion petrochemical plant to make plastic which is really interesting. From a company perspective, thats a huge thing for them. It’s going to add some diversification. As far as the actual technicals, we saw this overall flat period followed by a little bit of a correction, and the stock is down overall so far in 2017. Energy stocks tends to perform well in February or early January. This might be a good way to sneak into the sector right now. He would like to see a little bit more strength right now. We have seen a breakout on the downtrend which is positive, but he’d be looking for more of a breakout here.

oil pipelines
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$25.700
Owned Owned
Unknown

Must be logged in to use chart
TOP PICK

This is the time period where small caps stocks tends to go up until the beginning of March.  A lot of it is from tax loss selling that helps drive it up. The small cap sector tends to perform well at this time.

investment companies/funds

This is the time period where small caps stocks tends to go up until the beginning of March.  A lot of it is from tax loss selling that helps drive it up. The small cap sector tends to perform well at this time.

investment companies/funds
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$153.080
Owned Owned
Yes

Must be logged in to use chart
COMMENT
Loblaw Companies Ltd(L-T) 

December 19, 2017

Bread price-fixing He can’t believe this happened in Canada with a major supermarket. Loblaw will be offering $25 gift cards to consumers and book a hit of $75M-$150M which isn’t a big amount considering the size of the company. He doesn’t think it will have any dramatic impact.

food stores

Bread price-fixing He can’t believe this happened in Canada with a major supermarket. Loblaw will be offering $25 gift cards to consumers and book a hit of $75M-$150M which isn’t a big amount considering the size of the company. He doesn’t think it will have any dramatic impact.

food stores
Brooke Thackray

President, Jov Investment Manag...

PricePrice
$68.650
Owned Owned
Unknown

Must be logged in to use chart
Showing 1 to 15 of 804 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company