Latest Expert Opinions

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 24, 2009
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.
Show full opinionHide full opinion
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
SELL
September 24, 2009
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.
Show full opinionHide full opinion
Maple Leaf Foods (MFI-T)
September 24, 2009
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
DON'T BUY
September 24, 2009
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.
Show full opinionHide full opinion
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 WEAKNESS
BUY WEAKNESS
September 24, 2009
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.
Show full opinionHide full opinion
Nexen Inc (NXY-T)
September 24, 2009
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
WATCH
September 24, 2009
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.
Show full opinionHide full opinion
CanWest Global Comm. (CGS-X)
September 24, 2009
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 WEAKNESS
BUY WEAKNESS
September 24, 2009
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.
Show full opinionHide full opinion
Suncor Energy Inc (SU-T)
September 24, 2009
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.
DON'T BUY
DON'T BUY
September 24, 2009
Finding support around the 50 day moving average. Doesn't look like it's going anywhere fast.
Show full opinionHide full opinion
Breakwater Resources (BWR-T)
September 24, 2009
Finding support around the 50 day moving average. Doesn't look like it's going anywhere fast.