Never liked the airline industry. But they are good trading vehicles at times. Had a pullback after a breakout, now testing support. Looks okay for a trade but don’t look for it to do wonderful things over the next 6 months.

For the next 5 years, gas and oil prices are range-bound at best. Forward looking markets are not optimistic. He is looking to take money off the table. Buy on pullbacks at the lower end of the trading range.

Company is executing very well, however we are at the top end of the range for the industry. Oil could dip below 90 second half of this year and then you could get in.

You play Russian oil and banks when you play Russia. Very little Ukraine exposure. We need an event with conflict before it stops falling. You don’t want to be there just yet.

Quality company but the problem is the sector. We made a double bottom pattern in gold. Thinks there is one more shaking out in the gold sector to come, plus you need inflation for gold to take off. This one would be a great way to play it then.

When stock gets to 8-10% yield, you get questions about sustainability. Starting to recover a little bit. He doesn’t know it well enough to know if they are going to turn it around. Don’t make it a big part of your portfolio.

Likes the story, where they are in the oil sands. Sees more US interest in the oil sands. Not his Top Pick but a stable one. It needs a move in the group overall and more positive sentiment for the oil sands.