Market. Everything in the model looks really good. He is looking for the NASDAQ to be the growth part of his portfolio. The trade deal affects some parts, but Tech situations are up. The TSE has not had any rate of return in years. S&P and NAZDAQ stocks have done very well. You have to have some growth in the portfolio or it will underperform. Bank stocks, for example, have done nothing. There is 2% inflation eating away at your nest egg every year.

It has been good over the last year. He is not in this sector. His only caveat is the debt on the balance sheet. There is nothing else wrong with it.

It is one of the best stocks on the board. Buy it on a bad day like today. It is still growing at over 20%. It is not affected by the trade wars.

He sold when it got into trouble. If you think it will recovery, stay with it.

The auto business is going to be rough for the next 5 years. There is going to be so much change. Electrification is going to happen in the next half decade. He saw the turmoil and decided there were better places to be.

He sold it as a triple but it kept on going. It is a Canadian darling. As it moves up in market cap, the ETFs have to continue to buy it so it is a self-fulfilling prophecy. It is a good company. There are competitors coming in and the street is looking for one of them to take out SHOP-T. They have done everything they said they were going to do. He has re-deployed into technology in the states.

The dividend is certainly safe. You are better to be in the next tier down. They are the targets for acquisition. Things are on sale in the oil patch. There is nothing wrong with the big integrateds, but he prefers the next level down.

It has been a pretty good performer and has not been affected much by the AMZN-Q push into retail. Buy it on dips. He is not in the retail sector except for AMZN-Q.

The commodity stocks as a sector are pretty reasonable. One of the catalysts you need is for the US$ to roll over and give them some breathing room. There is room for HBM-T to lift up and is one that will lift up if you get this trading thing out of the way.

He would buy it on dips. It is one of the few commodity stocks he owns right now. The results have been steady. They can capitalize on the turnaround after a trade deal. Buy it below $30.

(A Top Pick Apr 23/18, Up 14%) It is the best of the Canadian banks. We have not had any substantial, continued rises in rates. It has been difficult for them to do better. He has not sold any. He would still buy it.

(A Top Pick Apr 23/18, Down 5%) He thinks there is lots of upside in it. China needs the trade deal more than the US does. Tencent is not exposed that much to the export side of things. It is still growing at 20% plus.

(A Top Pick Apr 23/18, Up 46%) It is a really well run Canadian company. They use debt and then pay it down quickly. He would still be a buyer on pull backs.

Is it too late? He would add to it on dips. We are getting into the law of big numbers where it is difficult to keep growing at the same rate. They also got hit with some big fines. Buy part of your position on weakness and see what happens.

It has been a fabulous stock over the last decade. They continue to deliver numbers. It is a very well run company. Buy it when it is on sale.

It has done pretty well the last little bit. We are two weeks into the vote for their election. You want to see investment inflows into India in a big way. They have an economy where reforms are necessary.

It has been a real winner as far as the gold sector has been concerned. It needs the underlying commodity to behave a little better. He would add on pullbacks. You could also consider other intermediate golds.

They are cutting the costs out of an acquisition. They don’t need the duplication. There are synergies to be realized. The market looks interesting but he has not bought in the sector yet. He would look at this quality of company.

It is difficult. It is southern Alberta. It has been in transition for a bit and still seems to be. He would not feel comfortable in the sector until things look better in Alberta.

He has a small position. He lightened it in the past. He would buy on a pullback. Asia looks promising. We have not seen a whole lot of growth out of their Asia operations so far, however. He has difficulty with their growth model otherwise. (Analysts’ price target is $29.00)

He had it for quite a long time and exited last summer. He won't likely get back in. They do everything well and are a well run company but he sees opportunities elsewhere.

He got out a few years ago. He thought he was protected by the real estate portfolio. He left the retailers and stuck with AMZN-Q. The retail business is tough. They are looking at more asset sales such as Lord and Taylor.

He is watching for a correction. They are a company that is doing lots of good things. Their chart has the pattern you want to see and they continue to invest in the company.

In China they don't use credit cards – they use phones. On a longer term basis, is that the way North America will do it, or will it be some other way.

A cloud management company. They manage a company's cloud storage and inputs. They are able to manage costs well and add value to the operations. They have a great balance sheet. They have 20% plus growth for a number of years. (Analysts’ price target is $24.10)

It is time to think about this one with the ToysRUS now behind us. The management team is excellent. He thinks they have recovered from the bankruptcy of ToysRUS now. (Analysts’ price target is $50.30)

They are managed extremely well. The Canadian content is actually a small percentage. It has lots of opportunity to grow. They have cleaned up the balance sheet. (Analysts’ price target is $17.36)

Market. He is focused on those big companies that have deposit receipts (ADRs). There are markets that are not that safe but ADRs are. This was the last chance the Americans had the chance to rein in China and make it stick in terms of making them conform in terms if intellectual property rights. The manufacturing in China is trailing off and is impacting China. Chinese markets have had a steel correction. It has been pulled back hard. While FB-Q and AMZN-Q are mostly in the US, The Chinese companies are expanding much more. He is into them.

This is one of the Canadian retailers that has done fairly well. Everybody is impacted by AMZN-Q but CTC-T less so. The difficulty is that that he does not see growth beyond 2-3%. He needs 10%. He would not say to sell it if you are into it.

It is one of the best managed gold mines in Canada. They have a good team. Production in North America is safe. This is an excellent executing company but he does not own gold in his portfolios.

He owned it a year ago and got stopped out. It was not going in the correct direction. There has been bad news in the mean time. Unless you are going to trade it then let it form a base

It has been a turnaround management style since the low $30s. They bit off bit more than they could chew. They have spun off some Canadian assets because they loaded on the debt. It has the potential of a nice yield but he worries that they might be in a position that the growth part could be sold off. It is 6.8% after the dividend cut.

He was exited the REIT sector when the rates were making the turn. That does not mean there aren't good REIT companies in that sector. He thinks with interest rates rising, it would be a headwind on the sector. He would stick with the bigger guys.

The December period was bad in that the bottom fell out. We have electrification and lots of other things happen in the next decade. He would let it try to rally for you and sell into strength.

It has had a really good run. The Canadian companies are being tarnished with the same brush. There will be turmoil in this sector for a long time. He considers this to be more of a trading stock.

(A Top Pick Oct 23/17, Down 35%) He wanted to see more movement with central banks. If you look at European banks they have had a slide all year long. The dividends are back and internals are quite good. He has stuck with it. Once rates are normalized over there there will be quite a lift.

(A Top Pick Oct 23/17, Down 2%) You are sitting on a nice yield while you are waiting. He likes it and thinks you could buy it in here.

(A Top Pick Oct 23/17, Down 11%) When ToysRus went bankrupt last year it threw something into the equation all last year. He still likes it and thinks management is doing a good job.

He would lump it into European banks. It is part of the EU until BREXIT happens. The European bank has done nothing in terms of normalizing rates. BREXIT may help them more than other EU banks.

It's been in a tough sector for the last couple of years. If you are going to buy these things you should look at it as a trade instead of an investment. You can get a reasonable trade out of some of these stocks. Until we get the pipe and we can sell stuff how much drilling can we do.

On international banks they have all followed the same pattern. There is nothing wrong with the operating part of them but we don’t have normalized interest yield curves yet. It is a good one and a big one.

He uses US tech's. There is nothing negative to say about OTEX-T but there is more compelling value in the US. It holds in very well and trades very well. He would not buy this multiple. The company is well run.

They are more expensive than the operating companies. This is a very well run company. When gold moves this one will go with it.

The Brookfield group is very well managed. They got slaughtered and then came back up again. They are viable and if you can buy them at the right price you could add into them for yield. Do your homework on the yield and how it is taxed.

FTS-T vs. CNQ-T. FTS-T is a yielding situation with a big a growth. CNQ-T is one of the best oil and gas companies in Western Canada. They are both viable.

FTS-T vs. CNQ-T. FTS-T is a yielding situation with a big a growth. CNQ-T is one of the best oil and gas companies in Western Canada. They are both viable.

It was a little too levered in the downturn and they are now paying the price. The assets are quite good but it is a matter of when money will flow into the energy sector. The big guys will lift first. He would not be in a rush to buy it.

So much of it depends on the ability of the company to manage its cash flow. As long as same store sales holds up, it looks like it is turning the corner and can do better.

It is a good solid dividend payer but he is challenged by the growth prospects. He is not in that sector. The dividend is safe. It is being challenged by NetFlix. The new generation are streamers and don't watch TV.

When the Chinese market got cracked when all the Asian markets got cracked, he thought they put these on fire sale. As a parallel, it is an FB-Q type of situation. They sell apps, music and a pay-app. They have games. It went from the 50s to the 30. It is a unique situation. They are growing at 10-30% and they are big while growing quickly. He would add again here. It is an investment grade company. (Analysts’ price target is $52.33)

They are more like AMZN-Q. It is unbelievable to see the growth in these. They are in Asia, Russia and south-east Asia. They have a payment system as well. They are growing multiples of anything we can find here. They are not worried about what Trump does. It is all inside China. (Analysts’ price target is $201.68)

The space is good and this one has done a good job on their balance sheet. It is more of a trade than an investment. Buy it when it is down and sell it when it is up. If it got up there he would look at selling it. So much of it is managing the debt part of the equation. They have done a good job of fixing the debt problem. (Analysts’ price target is $40.46)

The U.S. Midterms today: Whatever happens today, the markets will be happy because there will be certainty. If the sentiment swung dramatically to the Democrats, then there might be a market hiccup. The October sell-off has taken a lot of risk out of the market. The S&P has a great chance of hitting 3,000 again; it may not happen overnight, but it likely will. Seasonally, the next 4-5 months is the time when money strongly flows into the market (i.e. pension plans get a lot of money this time of year). We've already had the kind of move in interest rates, like 1982-87 (in 1987 the market crashed), where rates have risen from very low to higher. Now, we're having a correction (like the 1987 crash). However, the scenario now is much better than 1982-7.

Recommended it a few years, because he thought the Shoppers Drug Mart deal would be a catalyst. But he sold his shares last year. It's hard to turn around a big company, and this has been turning for a while. They haven't found the magic formula yet and the stock has been flat.

He's long owned this. European banks are cheap like American ones in 2015-6 before they took off. SAN does 25% business in Brazil, and their recent election brings clarity. So, their economy is ready to go. SAN is a well-managed bank. The problem with Europe is getting their central bank to normalize the yield curve, and until then it'll be tough slogging.

He owned this earlier this year. The prospects looked okay, but then issues arose and he moved to the sidelines to wait.