Brooke Thackray
Member since: Oct '07
Research Analyst at
Horizons ETFs (Canada) Inc.
Horizons ETFs (Canada) Inc.
1063 Opinions
Latest Top Picks
(A Top Pick Dec 06/19, Up 7%) It holds the bullion. (He works for Horizons.) Gold has done quite well, with a big rally in mid-2019 when interest rates fell. Late-December into late-January is gold's seasonality, which is happening. We could see a breakout due to strong interest in gold. We could see upside.
(A Top Pick Dec 06/19, Up 2%) Small caps haven't seen a strong rebound after tax-loss selling season. SPSM had several consolidation channels (a series of ups and downs within a range) in 2019, but has broken above that but hasn't returned to previous highs. SPSM holds a reasonable opportunity now. Small caps do well in February into early March.
(A Top Pick Dec 06/19, Up 2%) This covers the value sector. Growth has outperformed valued in the last decade, except during value's seasonality. He expects this to pick up in late-February into April. IWD has broken out above $130, but has underperformed the growth sector.
It's capped but a total return index, covering energy. We're on the cusp of oil seasonality, and oil has been doing well since October. That said, oil is way off the highs from 18 months ago. We're seeing higher lows on the HXE chart, which is good. Feb. 25-May 9 is oil seasonality. Geopolitical tensions may help HXE and oil, but still have a ways to go.
Relative to gold's price, silver is now cheap. Late-December to late-February is seasonality. We're seeing a slight uptick. Silver had a strong run in summer 2019. This looks quite positive.
Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
January 7, 2020
Had a sharp downturn through 2018 then went sideways in 2019, so you're speculating now. It'll be very tough to return to previous high levels.
Show full opinionHide full opinion
Had a sharp downturn through 2018 then went sideways in 2019, so you're speculating now. It'll be very tough to return to previous high levels.
Mining
COMMENT
COMMENT
January 7, 2020
You're paying a rich price now. It's had a straight run-up since early-2018, but has been sideways for the last quarter. It may do well for the next 18 months, but likely not as well as the past 18 months.
Show full opinionHide full opinionYou're paying a rich price now. It's had a straight run-up since early-2018, but has been sideways for the last quarter. It may do well for the next 18 months, but likely not as well as the past 18 months.
misc consumer products
DON'T BUY
DON'T BUY
January 7, 2020
It became a show-me stock after its scandal, going sideways, running up only recently then has gone sideways, slightly breaking down now. He wouldn't buy it now, but would rather buy a lifeco. This will underperform in a market slowdown.
Show full opinionHide full opinionIt became a show-me stock after its scandal, going sideways, running up only recently then has gone sideways, slightly breaking down now. He wouldn't buy it now, but would rather buy a lifeco. This will underperform in a market slowdown.
investment companies/funds
DON'T BUY
DON'T BUY
January 7, 2020
It's been underperforming for a while. BPY has now broken slightly below support level, which is not a good sign. Chart shows lower highs. a bearish sign. Seasonality is early-May to October.
Show full opinionHide full opinionIt's been underperforming for a while. BPY has now broken slightly below support level, which is not a good sign. Chart shows lower highs. a bearish sign. Seasonality is early-May to October.
REAL ESTATE
BUY
BUY
January 7, 2020
Seasonality is late-January to early-May. This has broken its downtrend line, so the outlook looks good.
Show full opinionHide full opinionSeasonality is late-January to early-May. This has broken its downtrend line, so the outlook looks good.
chemicals
BUY
BUY
January 7, 2020
Pretty good overall. It's been rangebound for the last two years, which isn't bad given how its peers have suffered. We're entering oil seasonality. Watch the $14 level for a breakout.
Show full opinionHide full opinionPretty good overall. It's been rangebound for the last two years, which isn't bad given how its peers have suffered. We're entering oil seasonality. Watch the $14 level for a breakout.
oil/gas
BUY
BUY
January 7, 2020
Done extremely well. It's breaking out again after a strong 2019. This is a fine holding and good way to play gold long-term. Gold is currently in seasonality.
Show full opinionHide full opinionDone extremely well. It's breaking out again after a strong 2019. This is a fine holding and good way to play gold long-term. Gold is currently in seasonality.
precious metals
BUY
BUY
January 7, 2020
Had a large uptick in the first half of 2019, then fell, then jumped up again in October 2019, but since then has done nothing. May to September is seasonality. Chart shows the same, consistent pattern in past years. Hold off on telcos until seasonality. Pays a 4.6% dividend.
Show full opinionHide full opinionHad a large uptick in the first half of 2019, then fell, then jumped up again in October 2019, but since then has done nothing. May to September is seasonality. Chart shows the same, consistent pattern in past years. Hold off on telcos until seasonality. Pays a 4.6% dividend.
telephone utilities
HOLD
HOLD
January 7, 2020
Seasonal from now to April. Sometimes this stock gets ahead of itself. Now, we're seeing a little pullback, but the wider chart shows higher lows. They're in a competitive space. Hold until April when you can sell.
Show full opinionHide full opinionSeasonal from now to April. Sometimes this stock gets ahead of itself. Now, we're seeing a little pullback, but the wider chart shows higher lows. They're in a competitive space. Hold until April when you can sell.
entertainment services
BUY
BUY
January 7, 2020
Impact of pipelines? Has done very well. Rails are seasonal now to April. The pipeline impact won't be immediate, but long-term, when the pipelines are nearly completed. CP is in an uptrend now. He likes CP.
Show full opinionHide full opinionImpact of pipelines? Has done very well. Rails are seasonal now to April. The pipeline impact won't be immediate, but long-term, when the pipelines are nearly completed. CP is in an uptrend now. He likes CP.
Transportation
BUY
BUY
January 7, 2020
Tech stock seasonality? October to end-January, but is also doing well outside this seasonality. So, tech will do well into March; tech has momentum. IYW's chart looks very positive with all-time highs now. Don't exit until the price weakens; use tight stop losses.
Show full opinionHide full opinionTech stock seasonality? October to end-January, but is also doing well outside this seasonality. So, tech will do well into March; tech has momentum. IYW's chart looks very positive with all-time highs now. Don't exit until the price weakens; use tight stop losses.
E.T.F.'s
TOP PICK
TOP PICK
January 7, 2020
It's capped but a total return index, covering energy. We're on the cusp of oil seasonality, and oil has been doing well since October. That said, oil is way off the highs from 18 months ago. We're seeing higher lows on the HXE chart, which is good. Feb. 25-May 9 is oil seasonality. Geopolitical tensions may help HXE and oil, but still have a ways to go.
Show full opinionHide full opinionIt's capped but a total return index, covering energy. We're on the cusp of oil seasonality, and oil has been doing well since October. That said, oil is way off the highs from 18 months ago. We're seeing higher lows on the HXE chart, which is good. Feb. 25-May 9 is oil seasonality. Geopolitical tensions may help HXE and oil, but still have a ways to go.
E.T.F.'s
TOP PICK
TOP PICK
January 7, 2020
Relative to gold's price, silver is now cheap. Late-December to late-February is seasonality. We're seeing a slight uptick. Silver had a strong run in summer 2019. This looks quite positive.
Show full opinionHide full opinionRelative to gold's price, silver is now cheap. Late-December to late-February is seasonality. We're seeing a slight uptick. Silver had a strong run in summer 2019. This looks quite positive.
E.T.F.'s
TOP PICK
TOP PICK
January 7, 2020
Jan. 23 to March 31 is seasonality. People have been down on retail for so long because of the Amazon effect. But TJX sources its merchandise from ailing brick-and-mortar stores to sell at wide margins. TJX has done well. January to March seasonality has been strong in recent years. Chart looks good, so seasonality is likely to repeat. (Analysts’ price target is $65.15)
Show full opinionHide full opinionJan. 23 to March 31 is seasonality. People have been down on retail for so long because of the Amazon effect. But TJX sources its merchandise from ailing brick-and-mortar stores to sell at wide margins. TJX has done well. January to March seasonality has been strong in recent years. Chart looks good, so seasonality is likely to repeat. (Analysts’ price target is $65.15)
clothing stores
PAST TOP PICK
PAST TOP PICK
December 6, 2019
(A Top Pick Sep 24/19, Up 2%) The banks peaked after that, relative to the market. The end of August was a bottom. They started to break out in October. Earnings in late November needs to be good for the stock to not take a hit, from a seasonal perspective. Watching US financials.
Show full opinionHide full opinion(A Top Pick Sep 24/19, Up 2%) The banks peaked after that, relative to the market. The end of August was a bottom. They started to break out in October. Earnings in late November needs to be good for the stock to not take a hit, from a seasonal perspective. Watching US financials.
E.T.F.'s
Comments
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