Latest Stock Buy or Sell? Make More Informed Decisions!

The big picture cycle for commodities is relatively negative. However, there are countertrend things you can play. Chart shows this had a long downtrend from October/14, but now looks like it may be trying to base. If this breaks out around $17 with some volume and lasts for more than just a few days, it could be a sign of a decent rally, and you could see the stock return to the $20 area, maybe even into the mid-$20. He would not buy this until it broke out.

This has gone parabolic and has been a good stock to own. Probably due for a correction. If you own, you have to decide how much of a long-term investor you are. There is no overhead resistance to make this stock want to crash and burn any time soon. Until it takes out an old low, you have to stay with it.

This has a relatively volatile chart pattern, but had an interesting little bottom last fall, a bit of a head and shoulders. It broke out and has been moving in a greater uptrend, but chart shows a lot of volatility. For a long term investor, if you are long the stock, he would stay with the story even though it is probably due for a pullback.

Silver. He does not like commodities. Chart shows a long downtrend which might be breaking. It is probably a little early to tell. There were some higher lows, but there is a succession of lower highs. If it can break up through that gently sloping downtrend, it might be in for a bit of a run into the $20 area. He would like to see it break first.

A pipeline. He sold this out of his equity platform. His equity platform objective is to outperform the stock market and he doesn’t think this is going to outperform the stock market. However, he still has it in income oriented accounts, because it pays about a 4% dividend and is a relatively stable stock. A well-run company. Probably doesn’t have a huge downside from current levels.

It is a pretty wild and crazy chart. Some pretty major resistance on the stock at around $25, and thinks it is going to have some trouble getting through that figure for the time being. If he owned the stock, he would be very tempted to Sell it at $25.

Chart shows a fair amount of volatility, but it is OK volatility. The basics are there. You are getting your stepladder higher highs and higher lows. Feels the last run it had over the past 6 weeks has been a little bit steeper than usual, so it might be due for a pullback. Your lows and highs are higher and the overall trend is in great shape. If you have a perspective that is a little bit longer than a week, you are probably going to do okay on this.

The REIT group is a great sector to move into over the summer. This particular stock has been outperforming the group. It has broken its overhead resistance of just under $5 which that is a good sign. You are coming into an OK season to own any REIT, and this is probably a leader within the group.

This is a good example of one of those stocks that, despite the stock market moving up or at least sideways, it is rounding over. It is just starting to play its $27 support level. It has been over a few times in the past year. If it broke down through that $27 level, he would exit. If it holds, it might be okay. Starting to look a little weak.

He is trying to hold lower beta stocks which is a great sector to move into, because it can be a lot more stable. Sometimes these lower beta stocks will actually thrive in a somewhat bearish environment. This one has been trending sideways. You are going to see a rotation where the staples start to move up over the next couple of months and discretionaries are going to start to slow down a bit. (See Past Picks.)

Stock tends to trade between $19 and $22. It is at the top of its trading range, but thinks there is going to be more money rotating into it over the summer. Good dividend of around 5%. Low volatility.