Latest Stock Buy or Sell? Make More Informed Decisions!

It has nothing to do with the seasonality. It has to do with taking over a major company. Underperforming the market, in a down trend and broke its moving average. Technicals are against you so avoid it.

Special for retail investors. Around this time of year it will start to outperform the market. Technicals are just starting to show a positive trend. Own between now and the end of the year. Look for something else in January. Price of Uranium popped about two weeks ago. This is getting set up for a good trade.

Not doing well until now, but forming a base. Grain prices are showing signs of bottoming. Ag stocks are also showing signs of bottoming. Around this time of year they go up sharply. Keep an eye on it and get out when it`s done.

The price of Nat Gas has been flat the last 8 weeks. A break above $4.02 would complete the pattern. Until the third week in December the price goes higher for Nat Gas stocks. This is an ETF of gassy stocks. We aren`t at the end of August yet, but we are awfully close.

(Top Pick Jul 11/14, Down 4.34%) Keep holding it. Yesterday we saw the gold trusts break support and now they are underperforming the market. Seasonality suggests you want to keep holding it. You want to look for it to keep continuing to bottom by the end of September. Watch for the US$ to move lower.

(Top Pick Jul 11/14, Down 4.25%) Seasonality has not clicked in yet. Gold equities are now outperforming the price of gold.

(Top Pick Jul 11/14, Down 0.99%) We are past the spike period. We could have a second spike and he is waiting for the technicals to tell him that.

Natural gas normally bottoms around the end of August, as do the stocks. Now there is a nice little base pattern forming. The trend is still not there yet and relative strength is probably slightly better than the TSE. He likes gassy stocks and they are showing signs of base building.

Markets. Everybody is talking about needing a correction, but if everyone is expecting one, it doesn’t really happen. A correction would be healthy, but the market keeps going up. There won’t be a 5%-10% correction, because there is so much cash sitting on the sidelines. Every time we fall 3%-4%, people see it as a buying opportunity. The dividend component of the Canadian market is healthy. It’s north of 3% on the index, which holds up well against the US index. Dividends pay you while you wait, and gives you a cushion on the downside in a correction. He is more in a position towards the growth side in dividends. Probably the most expensive area of the stock market is those stocks that have reasonable yield, but also are defensive businesses with good growth prospects. These have been expensive for a while.

Building products, lumber distributor across Canada. The building/renovation market in Canada has been quite good for some time. The yield of 9.2% is too high. They are over distributing. Thinks they have some room on a line and could pay out a debt if they wanted to, but clearly that is a temporary type fix. Any slowdown in building activity would be detrimental. This is not one that he would buy.

Recently looked at their financial information a little and took a pass on it. Predominately a chemical company, but are also building a unit train oil terminal. Had some cost overruns and problems with that, and thinks they are a little capital constrained and need to sell a portion of it. They are still not done building this. Too messy a story for him. 7.5% dividend yield.

Trailing stops? Basically a trailing stop is a “point” at which you are going to sell, that moves with the stock. If the stock goes up, the level of the stop goes up as well. The trouble with setting these stops is that you can get whipsawed. If you don’t set them at the right place and you enter some temporary volatility, you get Sold out and then the stock bounces back. Normally you set this outside of a normal standard deviation and set it below that. Also, the issue is that once you have Sold a stock, you then have to decide when to Buy it back, which is sometimes a very difficult decision to make.

Very high quality management team. Just one of those companies that gets it done over and over. Has decent per-share growth of 7%-8% expectancies for this year. You’re paying top dollar for it, but you are getting a high-quality company as well.

A Western-based company that is rolling up a bunch of car dealerships, primarily in Western Canada, but are moving across Canada. Focused on trucks primarily, which are higher margins. A real growth story for several years, but has corrected here on concerns their pace of growth is slowing down. He doesn’t think that is the case. Even since the quarter when people got a little bit worried, they’ve had 2 acquisitions, so he feels the story will continue to play out. 25%-30% upside in the next 12 months is possible.

The banks are interesting here. They’ve had a decent run here, so we might see them stabilize a little. Likes this bank’s exposure outside of Canada, which he thinks will start to play out. Dividend yield of 3.2%.