Caldwell Investment Management
Latest Top Picks
The BoC and US Fed are optimistic and so are driving both markets, but he himself has some doubts. For instance, Italy gave us a scare last week and their problems will linger. This week saw some pent-up buying. The Eurozone has one currency for everybody, a one size fits all approach, but not all these countries are the same, namely Italy. This is his doubt. In Canada we face a possible trade war. Trump wants a 5-year sunset clause, but this hinders long-term business decisions. It's better to have no deal than a sunset clause. Investors should find stocks that will perform well regardless of NAFTA. Own the best and skip the rest. The big U.S. tech stocks aren't cheap, so you may not see company earnings for a while; meanwhile, they are volatile, subject to regulation.
The BoC and US Fed are optimistic and so are driving both markets, but he himself has some doubts. For instance, Italy gave us a scare last week and their problems will linger. This week saw some pent-up buying. The Eurozone has one currency for everybody, a one size fits all approach, but not all these countries are the same, namely Italy. This is his doubt. In Canada we face a possible trade war. Trump wants a 5-year sunset clause, but this hinders long-term business decisions. It's better to have no deal than a sunset clause. Investors should find stocks that will perform well regardless of NAFTA. Own the best and skip the rest. The big U.S. tech stocks aren't cheap, so you may not see company earnings for a while; meanwhile, they are volatile, subject to regulation.
He's watching this. It's broken a downtrend line, but is it now a buy? No, there are too many shareholders now at the current base (it's too low). At a recent call, the CEO issued negative guidance, pushing out there guidance even further
into the future. For him to buy, he needs to see a bigger base as the stock rises.
He's watching this. It's broken a downtrend line, but is it now a buy? No, there are too many shareholders now at the current base (it's too low). At a recent call, the CEO issued negative guidance, pushing out there guidance even further
into the future. For him to buy, he needs to see a bigger base as the stock rises.
It's broken an up trendline. That doesn't mean it's bearish. It's been sideways, range-trading. He doesn't see a big rally coming up. BNS is exposed to Latin America and Argentina has some issues with debt and deficits--their peso is
plunging. This has partially triggered the recent sell-off. He would lighten his holdings.
It's broken an up trendline. That doesn't mean it's bearish. It's been sideways, range-trading. He doesn't see a big rally coming up. BNS is exposed to Latin America and Argentina has some issues with debt and deficits--their peso is
plunging. This has partially triggered the recent sell-off. He would lighten his holdings.
Interest rates are rising and investors are doubting the stock. Also, the Canadian housing market is still correcting, ando ur household debt to income is the highest among industrialized countries. Their chart is not bearish, but it's lost upside momentum. Wait until it tests $104 again and whether it holds--then dip your toe in.
Interest rates are rising and investors are doubting the stock. Also, the Canadian housing market is still correcting, ando ur household debt to income is the highest among industrialized countries. Their chart is not bearish, but it's lost upside momentum. Wait until it tests $104 again and whether it holds--then dip your toe in.
What's the outlook for crude oil based on technical analysis? Crude oil broke a key support level on the daily chart. In the short term it's bearish. Since mid-2017, it's been in an upward channel and looks good. Hold on.
What's the outlook for crude oil based on technical analysis? Crude oil broke a key support level on the daily chart. In the short term it's bearish. Since mid-2017, it's been in an upward channel and looks good. Hold on.
(Past Top Pick on January 26, 2018, Down 15%) He sold at $7.17. He bought it because it was a turnaround story. Mutual fund companies got hit in February. He lost less than 7% and moved on.
(Past Top Pick on January 26, 2018, Down 15%) He sold at $7.17. He bought it because it was a turnaround story. Mutual fund companies got hit in February. He lost less than 7% and moved on.
A healthcare stock that pays a decent dividend is a popular hiding place, but this trade got really crowded. CVS got into a down channel. Wait until everybody has sold till you start buying. He's worried that investors are still buying and
analysts are still recommending this--they've been wrong.
A healthcare stock that pays a decent dividend is a popular hiding place, but this trade got really crowded. CVS got into a down channel. Wait until everybody has sold till you start buying. He's worried that investors are still buying and
analysts are still recommending this--they've been wrong.
A defensive stock (and sector) that too many investors have crowded into, thus pressuring the stock down. He'd avoid it.
A defensive stock (and sector) that too many investors have crowded into, thus pressuring the stock down. He'd avoid it.
He doesn't follow this. Its down channel is not doing well. Natural gas is performing well, but Altagas has not. He doesn't recommend this.
He doesn't follow this. Its down channel is not doing well. Natural gas is performing well, but Altagas has not. He doesn't recommend this.
He'd like to see the price go back to $62 in the middle of the trading range. A good company, but it's not a good stock. He needs to see some price appreciation. The street is too bullish. It's hard to dislike this well-respected company.
He'd like to see the price go back to $62 in the middle of the trading range. A good company, but it's not a good stock. He needs to see some price appreciation. The street is too bullish. It's hard to dislike this well-respected company.
Has a cup-and-handle chart. Buyers are willing to pay top prices--they're confident in this stock. However, sellers aren't in a rush to sell. A very bullish chart that should continue to go higher.
Has a cup-and-handle chart. Buyers are willing to pay top prices--they're confident in this stock. However, sellers aren't in a rush to sell. A very bullish chart that should continue to go higher.
He's not a fan of this. This has good price momentum, though. It's in a rising channel, and you want to buy below the midpoint.
He's not a fan of this. This has good price momentum, though. It's in a rising channel, and you want to buy below the midpoint.
It's done extremely well and has enjoyed an upward channel. You want to buy below the middle of this up channel. They have a fantastic franchise, and he doesn't see them losing their market stranglehold.
It's done extremely well and has enjoyed an upward channel. You want to buy below the middle of this up channel. They have a fantastic franchise, and he doesn't see them losing their market stranglehold.
(Past Top Pick on January 26, 2018, Up 4%) They store and transport grain. Agriculture is a growing sector because of population growth and rising living standards in emerging markets. They aren't hurt by fluctating grain prices, but benefit from rising grain volume. There's a good runway for growth.
(Past Top Pick on January 26, 2018, Up 4%) They store and transport grain. Agriculture is a growing sector because of population growth and rising living standards in emerging markets. They aren't hurt by fluctating grain prices, but benefit from rising grain volume. There's a good runway for growth.
(Past Top Pick on January 26, 2018, Down 0.4%) He believes this will do well. Since last September, it's seen an up channel. He continues to prefer this over the other Canadian grocers. Good management with a program to expand revenue in the next three years. He doesn't fear a challenge from online grocery shopping--he wants to feel tomatoes before he buys them.
(Past Top Pick on January 26, 2018, Down 0.4%) He believes this will do well. Since last September, it's seen an up channel. He continues to prefer this over the other Canadian grocers. Good management with a program to expand revenue in the next three years. He doesn't fear a challenge from online grocery shopping--he wants to feel tomatoes before he buys them.
