Latest Stock Buy or Sell? Make More Informed Decisions!

Markets. The race is tightening up according to the US election polls. Big political decisions could change the outlook for the markets. Republicans are perceived to be better for the stock market. Thinks US will be downgraded next year by S&P. Sales are dropping for the first time since the recession. IMF saying GDP will be just over 3%. If the fiscal cliff in the US is implemented, that will be a 1 or 1-1/2% recession in the US. Looking at IBM, you have the potential for a major top. Maybe there is one more leg up in the US market.

Don't let a single stock become more than 5% of your portfolio. We are trading at the mid point of the range. If it gets closer to $40 he would want to accumulate if you don't have a full position.

Once dividend is north of 8 or so you have to question it because that is not normal. Normal for a utility should probably be about 5%. Market is probably telling you it is not sustainable.

There are better things to own, but we have stopped bottoming. Risk reward is better now. If you are willing to take the risk, it is time to start accumulating. Oil will be range bound next year $80-$100.

Bonds. If you are not worried about a 10% pullback in the stock market and need the dividends, then stay with it, otherwise a bond may be correct.

Educational Segment. Inflation. They have changed the way they calculated it. Once in the 80s and again in the 90s. Tires today last longer than they did decades ago so the fact that they went up in price does not indicate an actual inflation rate. Inflation is 5.5% using the pre-1990 method but is 2% using today's method. US GDP would have gone way down using the old way of calculating inflation but using today's method it has gone up.

With any technical indicator, they work 55% of the time. You have to build your technical tool box but understand they wont work all the time. When equities start to perform better than the bullion, this is typically a bullish signal. More money is starting to feed into the stocks.

GAS-T is an ETF holding the forward future. Not a good long term hold. ZJN-T or FCG-N are better for a longer-term hold.

Markets. We could see stocks go a little lower yet. We had a nice run up in the third quarter of the year and we are seeing a little bit of an adjustment here. Short term there are events in Europe and the US election but long term people could look around for buys. He is probably holding a little more cash than he normally would so if he sees some setback in the market then he is prepared to go in and take advantage of it.

On balance he would prefer AGU, which he also does not hold. Likes the diversified base over POT. Potash prices have been weak, although longer term it will do well. One of his top picks is an Agri today.

or people who hold it for longer term yield, it is ok. Going forward, the pipeline in the US could get approved. Look at what the dividend increases over time could be and the modest capital appreciation. Could see it pull back 10% or so in a bad environment. He would hold on to it. It is fairly valued.

Is already discounting much of the improvements they hope to implement with the new management. Thinks it is overvalued and sold it a while ago. If CN pulled back he would buy that.

If you are doing tax planning and wanted to lock in some losses right now, why not do it. Doesn't think we will see the basic materials stocks run significantly in the 4th quarter. You can always buy it back after waiting through the hold period.

People are concerned with the yield. It is extremely high and people are wondering if they are going to be able to maintain it. The market is a little bit suspect. Few analysts cover this stock. Over all he thinks they set some growth initiatives and came up a little short over the last few quarters. He would be looking at ECI-T (8%).

Approaching valuation levels where he would begin to look at it. Has always thought the valuation was very rich. US expansion has not been as robust as they had hoped. But in Canada they are always finding places to open new outlets.