Has had quite a run. There were periods of consolidation in 2011 and 2012 followed by a breakout. Early 2013 was where you would want to buy these things. It is still going up; however he is worried about natural gas prices cutting into the company’s profits. Use a semi-long scale and draw a trend line and as long as it stays above the trend line, you are fine as it could work higher.

Chart shows a disappointing period from late 2011 into early 2013 with a lot of congestion. It finally broke out in mid-2013 and he doesn’t feel it would do you any harm. Doesn’t see any more upside than what is already there. Imperial (IMO-T) and Husky (HSE-T) both tried a breakout and ran into resistance. If you’re happy with the yield, you are probably going to be okay with this but there are probably better places to be.

You really have to know the story behind this to be in love with it. Chart shows a long base in 2011-2012 followed by a breakout in late 2012 with a 3 wave advance in 2013. He does not like this one under $6, so be very careful. When you buy in after a spike, you have to be convinced that the story supports what you are going to do.

Likes the gold stocks and the Junior sector. If you are going to get involved with this sector, buy 2 or 3 names, not just one. Chart shows a bottom in the latter part of 2013 and it is now trying to get above $12.20. An investigation has been launched on behalf of shareholders. If you own, he would probably stay with it, but instead of adding to it, find another name in order to diversify a bit.

Lumber has been in trouble lately. He is losing interest in the sector and would start backing away from it. If the price starts to violate the trend line, then stay away and don’t add to it.

Rather than getting into the food futures, he just wants to get into a play where he is benefiting from grain prices, grain activity, etc. This is a beneficiary of a long-term boom in food demand. Chart shows a long downtrend from 2011 followed by a new advance in early 2013. There is a growth channel and if the price gets down to the lower part of the growth channel, he would be a buyer. Yield of 3.23%.

He wants to be in the gold space. Everybody should have a little bit of gold component in their portfolio. Gold has been acting inversely to other assets. Chart shows a breakdown starting in late 2012 followed by a new bull cycle in late 2013. In Canada there are not a lot of places to own physical gold, but this is one of them.