Stock Opinions by Mike S. Newton, CIM FCSI

Stock Opinions by Mike S. Newton, CIM FCSI - Stockchase Experts

Signal	Opinion	Expert	Chart
COMMENT	General Market Comment December 11, 2018 Today, we gave back impressive gains in the morning after Trump had a closed-door meeting today. That rattled investors after the day opened strong. We finished flat or in the red. Investors are now amplifying any bad news and muting the good. That's in contrast to earlier this year. For investors, don't emotional. He holds a lot of cash, from 40-60%, though it isn't fun to hold this much cash. Markets are unnerving now. Breaking news: Huawei's CFO is granted bail. He certainly didn't like reading that Huawei news last week or today's news of a Canadian citizen arrested in China. Canadian companies like Lululemon could face serious resistance selling in Chinese markets. But he thinks this is all a lot of fury that won't stick, and creates buying opportunities. 0 0 0 0 0 0 comments	Today, we gave back impressive gains in the morning after Trump had a closed-door meeting today. That rattled investors after the day opened strong. We finished flat or in the red. Investors are now amplifying any bad news and muting the good. That's in contrast to earlier this year. For investors, don't emotional. He holds a lot of cash, from 40-60%, though it isn't fun to hold this much cash. Markets are unnerving now. Breaking news: Huawei's CFO is granted bail. He certainly didn't like reading that Huawei news last week or today's news of a Canadian citizen arrested in China. Canadian companies like Lululemon could face serious resistance selling in Chinese markets. But he thinks this is all a lot of fury that won't stick, and creates buying opportunities. Unknown 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $0.000 Owned Unknown	Sign up or Log in to enjoy full view of charts.

COMMENT	General Market Comment December 11, 2018 Huawei CFO just released on bail; she must stay in Vancouver It doesn't help resolve US-China trade talks, despite White House denials that it is. This is already spilling over--Bell and Telus have invested a lot in the Huawei 5G wireless network and it could cost a fortune to rip out. 0 0 0 0 0 0 comments	Huawei CFO just released on bail; she must stay in Vancouver It doesn't help resolve US-China trade talks, despite White House denials that it is. This is already spilling over--Bell and Telus have invested a lot in the Huawei 5G wireless network and it could cost a fortune to rip out. Unknown 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $0.000 Owned Unknown	Sign up or Log in to enjoy full view of charts.
WAIT	Dollarama Inc.(DOL-T) December 11, 2018 He got into DOL a little late, then lost money right before the summer short report. He sold. DOL has been increasing prices very slowly, but so has Walmart. Bay St. is still positive on DOL. Wait until tax-loss selling is over and see what happens. DOL still has room to grow in Canada. He isn't worried about Dollar Tree being a competitor in Canada. Consumer Products 0 0 0 0 0 0 comments	He got into DOL a little late, then lost money right before the summer short report. He sold. DOL has been increasing prices very slowly, but so has Walmart. Bay St. is still positive on DOL. Wait until tax-loss selling is over and see what happens. DOL still has room to grow in Canada. He isn't worried about Dollar Tree being a competitor in Canada. Consumer Products 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $30.920 Owned No	Sign up or Log in to enjoy full view of charts.
COMMENT	General Market Comment December 11, 2018 Are algorithms controlling volatility? He's suspicious. The last few declines including the brief one in January was an algorithm-driven trade. At 10:30 or 2:30 every day is how the market will close. It's like the retail investors trade until 10:30, then the big institutions come in 10:30-2:30--there are many theories about that. That January day felt really well-organized, enough to trigger his suspicions. Regardless of the cause, you're losing money. Use stops. Alogorithms will rule this volatile period until at least February 2019. He also suspects alogos in Twitter feeds which are activated whenever Trump tweets (but he has no evidence of this). 0 0 0 0 0 0 comments	Are algorithms controlling volatility? He's suspicious. The last few declines including the brief one in January was an algorithm-driven trade. At 10:30 or 2:30 every day is how the market will close. It's like the retail investors trade until 10:30, then the big institutions come in 10:30-2:30--there are many theories about that. That January day felt really well-organized, enough to trigger his suspicions. Regardless of the cause, you're losing money. Use stops. Alogorithms will rule this volatile period until at least February 2019. He also suspects alogos in Twitter feeds which are activated whenever Trump tweets (but he has no evidence of this). Unknown 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $0.000 Owned Unknown	Sign up or Log in to enjoy full view of charts.
BUY	Pfizer Inc(PFE-N) December 11, 2018 2019 outlook? The US healthcare sector has been very defensive in this market; they're not as off other sectors. The sector went sideways during the 2016 US election campaign. PFE has announced the price of 40-50 of their drugs will be raised. Plenty of runway in this company. But in 2019, if there's a market recovery, money will flow out of healthcare and back into tech. But you're good to own this. biotechnology/pharmaceutical 0 0 0 0 0 0 comments	2019 outlook? The US healthcare sector has been very defensive in this market; they're not as off other sectors. The sector went sideways during the 2016 US election campaign. PFE has announced the price of 40-50 of their drugs will be raised. Plenty of runway in this company. But in 2019, if there's a market recovery, money will flow out of healthcare and back into tech. But you're good to own this. biotechnology/pharmaceutical 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $44.010 Owned Unknown	Sign up or Log in to enjoy full view of charts.
WATCH	Alibaba Group Holding(BABA-N) December 11, 2018 He owned it for 5 years and got out in the summer because of negative connotations about China and its tech association. He'd like to get back into it in 2019 though because it's a fast-growing name. They're generating strong cash flow. Good balance sheet. But there's a lot of negativity overall about China. Be patient. 0 0 0 0 0 0 comments	He owned it for 5 years and got out in the summer because of negative connotations about China and its tech association. He'd like to get back into it in 2019 though because it's a fast-growing name. They're generating strong cash flow. Good balance sheet. But there's a lot of negativity overall about China. Be patient. 0 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $151.830 Owned No	Sign up or Log in to enjoy full view of charts.
BUY	Vodafone Group PLC(VOD-Q) December 11, 2018 A long-term defensive stock vs. its peers? He's owned it in the past. He got stopped out of VOD in the summer. He also likes Verizon. As for AT&T, they carry too much debt and have a poor balance sheet. Telecommunications 0 0 0 0 0 0 comments	A long-term defensive stock vs. its peers? He's owned it in the past. He got stopped out of VOD in the summer. He also likes Verizon. As for AT&T, they carry too much debt and have a poor balance sheet. Telecommunications 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $20.110 Owned No	Sign up or Log in to enjoy full view of charts.
PAST TOP PICK	General Electric(GE-N) December 11, 2018 (A Top Pick Jan 26/18, Down 57%) He thought he was clever buying this after major bad news came out. He exited and will stay away from it. Their debt has been seriously downgraded. Then, there's tax-loss selling now. electrical/electronic 0 0 0 0 0 0 comments	(A Top Pick Jan 26/18, Down 57%) He thought he was clever buying this after major bad news came out. He exited and will stay away from it. Their debt has been seriously downgraded. Then, there's tax-loss selling now. electrical/electronic 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $6.760 Owned No	Sign up or Log in to enjoy full view of charts.
PAST TOP PICK	U. S. Silica Holdings(SLCA-N) December 11, 2018 (A Top Pick Jan 26/18, Down 67%) He got stopped out after bottom-fishing this. He lost a little. SLCA has a lot of business but are you getting the oil/gas one for free? No, not yet. but it's approaching the point of being a good buy down there. 0 0 0 0 0 0 comments	(A Top Pick Jan 26/18, Down 67%) He got stopped out after bottom-fishing this. He lost a little. SLCA has a lot of business but are you getting the oil/gas one for free? No, not yet. but it's approaching the point of being a good buy down there. 0 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $11.740 Owned No	Sign up or Log in to enjoy full view of charts.
PAST TOP PICK	CCL Industries (B)(CCL.B-T) December 11, 2018 (A Top Pick Jan 26/18, Down 10%) He owned it for a long time, then got stopped out. Inflation costs in resin, a big part of their label business, are a pressure. Their Innovia is $40 billon in the hole. It'll be a great entry in 6-12 months though. He still likes it. packaging/containers 0 0 0 0 0 0 comments	(A Top Pick Jan 26/18, Down 10%) He owned it for a long time, then got stopped out. Inflation costs in resin, a big part of their label business, are a pressure. Their Innovia is $40 billon in the hole. It'll be a great entry in 6-12 months though. He still likes it. packaging/containers 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $53.270 Owned No	Sign up or Log in to enjoy full view of charts.
BUY	Goldman Sachs ActiveBeta Em Mkts Equity ETF(GEM-N) December 11, 2018 Emerging markets worth buying now more than Europe? He likes it because it's an active ETF in EM, and is not your typical static market weighting across various countries and regions. He'd rather pay a higher MER for an active ETF. The broad EM have been outperforming the rest of the world in the last six weeks. E.T.F.'s 0 0 0 0 0 0 comments	Emerging markets worth buying now more than Europe? He likes it because it's an active ETF in EM, and is not your typical static market weighting across various countries and regions. He'd rather pay a higher MER for an active ETF. The broad EM have been outperforming the rest of the world in the last six weeks. E.T.F.'s 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $30.380 Owned Yes	Sign up or Log in to enjoy full view of charts.
BUY	Toronto Dominion(TD-T) December 11, 2018 All Canadian banks had good earnings, with TD among the best in various areas (profit, dividend growth, overall performance). He also owns RY and BNS. Definitely buy TD. But American banks are not doing well and he has sold several of them this year. The banks need to lead the recovery in the next three months (or else the market is in trouble). banks 0 0 0 0 0 0 comments	All Canadian banks had good earnings, with TD among the best in various areas (profit, dividend growth, overall performance). He also owns RY and BNS. Definitely buy TD. But American banks are not doing well and he has sold several of them this year. The banks need to lead the recovery in the next three months (or else the market is in trouble). banks 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $69.390 Owned Yes	Sign up or Log in to enjoy full view of charts.
HOLD	Magna Int'l. (A)(MG-T) December 11, 2018 It's unfortunate that it didn't gain from the USMCA deal. He exited a while ago to avoid dealing with that noise. It's trading at 9x and growing earnings at double digits. Very profitable and re-tooling on the driverless car front. All positive, but it's been tough. If you hold, sit tight. Don't enter it. Automotive 0 0 0 0 0 0 comments	It's unfortunate that it didn't gain from the USMCA deal. He exited a while ago to avoid dealing with that noise. It's trading at 9x and growing earnings at double digits. Very profitable and re-tooling on the driverless car front. All positive, but it's been tough. If you hold, sit tight. Don't enter it. Automotive 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $60.230 Owned No	Sign up or Log in to enjoy full view of charts.
DON'T BUY	Bank of America(BAC-N) December 11, 2018 Owned it in the past. The fundmentals are being ignored in this market. US financials have done nothing all year. In the summer, he greatly reduced exposure in this sector. He needs to see a definite price move to get interested in this stock and sector. As for Powell rising rates, either he gives markets a rate hike that the market doesn't need, or investors panic because he didn't raise rates (because he feels the economy is weak). banks 0 0 0 0 0 0 comments	Owned it in the past. The fundmentals are being ignored in this market. US financials have done nothing all year. In the summer, he greatly reduced exposure in this sector. He needs to see a definite price move to get interested in this stock and sector. As for Powell rising rates, either he gives markets a rate hike that the market doesn't need, or investors panic because he didn't raise rates (because he feels the economy is weak). banks 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $24.580 Owned No	Sign up or Log in to enjoy full view of charts.
DON'T BUY	New Flyer Industries Inc.(NFI-T) December 11, 2018 He used to follow this. It's taken a beating because of protectionism and budgets to buy buses have been slashed. The 4% dividend is interesting, but he'll stay away for now. Maybe later. Automotive 0 0 0 0 0 0 comments	He used to follow this. It's taken a beating because of protectionism and budgets to buy buses have been slashed. The 4% dividend is interesting, but he'll stay away for now. Maybe later. Automotive 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $34.080 Owned No	Sign up or Log in to enjoy full view of charts.

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Stock Opinions by Mike S. Newton, CIM FCSI - Stockchase Experts