Stock Opinions by Mike S. Newton, CIM FCSI - Stockchase Experts
WATCH LIST
1311
Mike S. Newton, CIM FCSI @

On Stockchase since : Jun 2009

Director & Portfolio Manager at Scotia Wealth Management

Reveal Expert Performance

Mike S. Newton, CIM FCSI hasn’t left any messages.

You are Mike S. Newton, CIM FCSI? Sign up for Market Pro to post messages to your visitors here.

T: 416-350-1192 http://www.newtongroupwealth.com/

Mike S. Newton, CIM FCSI Latest Top Picks...

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 Price
$0.000
Owned 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 Price
$0.000
Owned 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 Price
$30.920
Owned 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 Price
$0.000
Owned 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 Price
$44.010
Owned 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 Price
$151.830
Owned 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 Price
$20.110
Owned 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 Price
$6.760
Owned 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 Price
$11.740
Owned 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 Price
$53.270
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

BUY
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 Price
$30.380
Owned 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 Price
$69.390
Owned 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 Price
$60.230
Owned 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 Price
$24.580
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

DON'T BUY
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 Price
$34.080
Owned Owned
No

Sign up or Log in to enjoy full view of charts.

Showing 1 to 15 of 1,311 entries
Successfully Saved Company
Successfully Saved Company
3+
JOIN THE DISCUSSION
3 comments in the last 7 days