Daily Stock Opinions and Ratings

Latest Stock Buy or Sell? Make More Informed Decisions!

Today, Keith Richards commented about whether CHL-N, BWR-T, SU-T, CGS-X, NXY-T, HNU-T, MFI-T, XLY-N, ATD.B-T, TEVA-N, NA-T, XLP-N, F-N, AEM-T, MX-T, OBE-T, BCE-T, RBS-N are stocks to buy or sell.

Page 2/3

DON'T BUY

Finding some support on its 50 day moving average. Has been in a sideways trading range and has been trying to break out. 6.2% dividend is probably safe but stock has to break out of its containment and he doesn't see that happening.

COMMENT

Has a head and shoulders bottom with a neckline that it seems to be breaking. If the volume is spiking it could be a very good play. He likes to see a 25% increase in volume. 11.1% yield.

DON'T BUY

$18.50 is the 50-day moving average but the momentum has fallen out of it. Looking for a market pullback of about 10%, which might affect this stock.

COMMENT

Support line lies at about $70. If it can stay above that it is good news otherwise it could fall quite a ways. $65 is the 50-day moving average and $62 on the 200.

BUY

Trending down on the short-term (a down flag), which can be okay. Appears to be trying to break to the upside but is having a hard time breaking the 50-day moving average. Somewhere in the low $5 area would be support. Also $6.50 is an important area too. He would like to see it complete the down flag. Thinks it could get to $8.80.

PAST TOP PICK

(A Top Pick May 11/09. Up 13%.) Seasonally, staples tend to become less favourable around October 15. As the recession ends, people are more likely to move into discretionary areas spending. Doesn't think the run is over but he sees more upside other areas.

PAST TOP PICK

(A Top Pick May 11/09. Up 26%.) Still likes it. Thinks it will start to flatten out. All the banks are approaching their old highs and hitting technical resistant levels. This one has the lowest PE of the group at 9X earnings. Great dividend and no US exposure.

TOP PICK

(A Top Pick May 11/09. Up 12.75%.) Has been in a great uptrend for many years. Thinks you will be able to buy this on a pullback within the next 30 days or so. Fundamentals are good on this company.

TOP PICK

Has formed a symmetrical triangle from December to July and then broke out with volume. Most recent earnings blew estimates away. Expects it to pullback with the rest of the market and you can buy it in the next 30-40 days $1 or $2 cheaper.

TOP PICK

Staples tend to become less favourable around the end of October and discretionary becomes more favourable. If the economists are right about the recession ending, it should be more discretionary spending by the consumer. Expect this will pull back to $26, which would be an ideal point to enter.

SELL

Has been in a low volume, choppy range since the beginning of the summer. There has been some volume over the past few weeks but generally speaking the stock has been going nowhere. Absolutely sideways. Not showing anything that will get it out of the rut. If you own, consider selling.

DON'T BUY

October contract. Has climbed 24% since Sept 4. Has broken the 50 day moving average and is hitting the 200 day. Some short term momentum behind it but could end fairly soon as we come into the noise at around $4. A gamble and you would have to be pretty bold.

BUY ON WEAKNESS

Was moving in a fairly tight range of $19-$22, broke out of that with a very strong move but are now starting to see a pullback. Old high of around $22 could be its support level and could then go to $25 or so. Wait for the market correction to buy at the support level.

WATCH

Massive spike on volume recently. Don't act on just a couple of days of action; you want a few days. If it continues to rise that would indicate momentum is starting to move in its favour. RSI index spiked into overbought territory. Would like to see a few more days of action.

BUY ON WEAKNESS

Having a little bit of a pullback after a breakout. If we get the anticipated market correction of 10%, this could get back into the $33 range. Commodities tend to peak in the 2nd half of October, which could slow down momentum.

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Stockchase Insights

5i Research

Jim Cramer - Mad Money

CNBC

Chris Heakes

Harvest Portfolios

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Latest Stock Buy or Sell? Make More Informed Decisions!

BCE Inc.(BCE-T)

Obsidian Energy(OBE-T)

Methanex Corp(MX-T)

Agnico-Eagle Mines(AEM-T)

Ford Motor(F-N)

SPDR Consumer Staples ETF(XLP-N)

National Bank of Canada(NA-T)

Teva Pharmaceutical(TEVA-N)

Alimentation Couche-Tard (B)(ATD.B-T)

SPDR Cons Discretionary ETF(XLY-N)

Maple Leaf Foods(MFI-T)

HBP NYMEX Nat'l Gas Bull+(HNU-T)

Nexen Inc(NXY-T)

CanWest Global Comm.(CGS-X)

Suncor Energy Inc(SU-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Larry Berman CFA, CMT, CTA

Stockchase Insights

Jim Cramer - Mad Money

Chris Heakes