Market Outlook - The stock markets is quasi-ignoring the yield curve as the traditional signal (the 2-year to 10-year curve) is still not indicating a recession and paying more attention to the trade war. Going forward is going to be choppy but it will go up again. For Donald Trump the primary measure for him on how he is doing is the market. The bond market often signals trends before the stock market. Scotiabank missed but it was a very small in the big scheme of things. He is not worried. The rest of the banks exceeded expectations.

This is a subsidiary of Canopy Growth and where they bought a bunch of incubating type of cannabis companies and put it in one. Hard on valuation as it is kind of a holding for many different companies. He wouldn't add new to a portfolio. Speculative.

It has gone ka-boom lately. It is a real company. It has revenues. It has contracts outside of the company. It will be a white label supplier of oil. It could go higher.

5G will end up being relatively homogeneous so he doesn't worry too much. The problem with this company is that there is not much growth left. They had done so well and are so dominant. Not much else to buy. Your are left with a 5% dividend and 2% growth. He expects a 6% total return.

A gas liquid oriented Alberta producer. It is down because everything Canadian is down. Good Management and good assets. He would prefer to wait until the June quarter reporting to enter.

Now that it has under performed so much, it might be a buy. The dividend is safe. For sure it is a hold. Enbridge is still his preferred in the sector.

What is a good entry point? - He owned it in the past. He likes it. The banks are a little less homogeneous than they used to be. They bought in the US a high end high net worth - Citi National. They beat in the quarter but it was a low quality beat as it was mainly from capital markets. Banks have lifted from the December lows but underperformed the market. Multiples are lows. The risk for reward is good. You can expect 10%.

(A Top Pick May 25/18, Up 4%) His largest bank holding. They beat for the quarter. It will probably go into the $80s. Probably raise the dividend later in the year.

(A Top Pick May 25/18, Down 47%) Sold it more than 6 months ago. Nothing wrong with this company but suffers with the rest of the Canadian group.

(A Top Pick May 25/18, Down 3%) Excellent quarter. Asia very good. Japan great. At book value and less than 10 times earnings.

CPP is investing $200 million. The stock hasn't fully recovered like others. Still expensive in his view. He thinks the entry point is $75.

It is not overvalued but it is not great value. Markets are going to be choppy and probably will give you an opportunity later. Would wait for an entry point in the lower $80's

They have spent five hours of time on this company. Shaw sold 40%. They kept away. There is no short term catalyst from here. The stock is going to churn from here. It is cheap at 5 times EBITDA. It is less radio and more TV than it used to be. He is tempted below $6.