Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
February 2, 2016

Owns this in his income portfolio, but not in his growth portfolio. This stock has not broken its long-term trend line. In the near term it probably has some support at around current levels. Feels the dividend is sustainable and is solid. If you are an income, long-term investor, you could probably own this and is probably an OK time to buy it right now. It is probably going to move sideways for the time being.

Owns this in his income portfolio, but not in his growth portfolio. This stock has not broken its long-term trend line. In the near term it probably has some support at around current levels. Feels the dividend is sustainable and is solid. If you are an income, long-term investor, you could probably own this and is probably an OK time to buy it right now. It is probably going to move sideways for the time being.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$48.970
Owned
Yes
DON'T BUY
DON'T BUY
February 2, 2016

This tends to closely track oil and gas, and the trend for those commodities is down. He would avoid this for the time being. Eventually oil will base and break out, but now is not that time.

Encana Corp (ECA-T)
February 2, 2016

This tends to closely track oil and gas, and the trend for those commodities is down. He would avoid this for the time being. Eventually oil will base and break out, but now is not that time.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$5.590
Owned
No
COMMENT
COMMENT
February 2, 2016

The chart shows a gently sloping downtrend since August, but with a base of around $2. Feels the chart is showing a consolidation since about August, and it needs a break out. In the meantime, it is just a short-term trading vehicle.

The chart shows a gently sloping downtrend since August, but with a base of around $2. Feels the chart is showing a consolidation since about August, and it needs a break out. In the meantime, it is just a short-term trading vehicle.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$2.530
Owned
Unknown
DON'T BUY
DON'T BUY
February 2, 2016

Energy in general is something that he is waiting for, and not buying into yet. Chart shows a long downward trend since mid-2014. The old support level of around $40 was definitively broken.

Energy in general is something that he is waiting for, and not buying into yet. Chart shows a long downward trend since mid-2014. The old support level of around $40 was definitively broken.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$35.220
Owned
No
COMMENT
COMMENT
February 2, 2016

Chart shows an uptrend since early 2014 that broke a Top late last year. The resistance point in early 2015 was tested in a topping formation, and that became the neckline. We may find support at current levels of around $65. If it manages to hold that $64 area successfully for a little while, it may not be a bad trade. But be aware that if $64 breaks, it could get ugly.

Loblaw Companies Ltd (L-T)
February 2, 2016

Chart shows an uptrend since early 2014 that broke a Top late last year. The resistance point in early 2015 was tested in a topping formation, and that became the neckline. We may find support at current levels of around $65. If it manages to hold that $64 area successfully for a little while, it may not be a bad trade. But be aware that if $64 breaks, it could get ugly.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$64.710
Owned
Unknown
COMMENT
COMMENT
February 2, 2016

TD Bank (TD-T) and Enbridge (ENB-T) in a TFSA? This is a bet on the Canadian economy. Will the Canadian economy pick up in the next 5 years? Probably. If you have the patience to deal with all the ups and downs, you might be okay. However, over the next 12 months or so, he is not so positive on the banks.

Toronto Dominion (TD-T)
February 2, 2016

TD Bank (TD-T) and Enbridge (ENB-T) in a TFSA? This is a bet on the Canadian economy. Will the Canadian economy pick up in the next 5 years? Probably. If you have the patience to deal with all the ups and downs, you might be okay. However, over the next 12 months or so, he is not so positive on the banks.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$51.850
Owned
Unknown
COMMENT
COMMENT
February 2, 2016

TD Bank (TD-T) and Enbridge (ENB-T) in a TFSA? This has had a definite breakdown. An old support level at around $45 was broken. It is trying to rally back up to that, which is what he would call the neck line level. If it can break that to the upside, it might be positive, that to him it is still just a test. Not sure if he would own this one for the long run.

Enbridge (ENB-T)
February 2, 2016

TD Bank (TD-T) and Enbridge (ENB-T) in a TFSA? This has had a definite breakdown. An old support level at around $45 was broken. It is trying to rally back up to that, which is what he would call the neck line level. If it can break that to the upside, it might be positive, that to him it is still just a test. Not sure if he would own this one for the long run.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$46.110
Owned
Unknown