Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 2, 2016

The longer-term trend line that started in 2013 has been broken. A long-term trend line that has been broken is really significant. Sometimes you get a rally if it breaks out above the trend line again, but at this time this company is underperforming its sector of tech stocks, and is breaking down.

Apple (AAPL-Q)
February 2, 2016

The longer-term trend line that started in 2013 has been broken. A long-term trend line that has been broken is really significant. Sometimes you get a rally if it breaks out above the trend line again, but at this time this company is underperforming its sector of tech stocks, and is breaking down.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$94.480
Owned
Unknown
DON'T BUY
DON'T BUY
February 2, 2016

On a chart going back to 2012, there was a pretty nice upward trend line, and that broke down in early 2015, and pretty aggressively. Since then there have been multiple breaks of support. There was a level of support at around $24 that was tested recently, but it broke. At this point it took out another low from the summer. You are possibly going to find a bounce here, but he would want to see it bounce off the $16.50-$17 level and hold before he got involved.

Westjet Airlines (WJA-T)
February 2, 2016

On a chart going back to 2012, there was a pretty nice upward trend line, and that broke down in early 2015, and pretty aggressively. Since then there have been multiple breaks of support. There was a level of support at around $24 that was tested recently, but it broke. At this point it took out another low from the summer. You are possibly going to find a bounce here, but he would want to see it bounce off the $16.50-$17 level and hold before he got involved.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$16.630
Owned
Unknown
COMMENT
COMMENT
February 2, 2016

Theoretically lower fuel prices are supposed to help these companies. The chart is showing a breakdown with lower highs and lower lows since early 2015. There is some hope as some of the lows seem to be holding. Pay a lot of attention to the last peak of around $25-$26, which might be a point of target if the market rallies the way he thinks it might over the next 2-3 weeks.

Theoretically lower fuel prices are supposed to help these companies. The chart is showing a breakdown with lower highs and lower lows since early 2015. There is some hope as some of the lows seem to be holding. Pay a lot of attention to the last peak of around $25-$26, which might be a point of target if the market rallies the way he thinks it might over the next 2-3 weeks.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$20.770
Owned
Unknown
TOP PICK
TOP PICK
February 2, 2016

This tracks the euro versus the US$. Technically this is basing. He likes to see stuff that has had a fall and is now starting to form a base. That is usually the beginning of what could be a positive move. There is also a little bit of “fundamental” in this play as well. He has taken a half position to start. If the Fed becomes a little more dovish than they implied in late 2015, the US$ might just pull back a little bit. Meanwhile the euro might be a little bit on an upswing. Thinks the euro is an OK place as a safe haven, at least for the short term if this market continues to act erratically.

This tracks the euro versus the US$. Technically this is basing. He likes to see stuff that has had a fall and is now starting to form a base. That is usually the beginning of what could be a positive move. There is also a little bit of “fundamental” in this play as well. He has taken a half position to start. If the Fed becomes a little more dovish than they implied in late 2015, the US$ might just pull back a little bit. Meanwhile the euro might be a little bit on an upswing. Thinks the euro is an OK place as a safe haven, at least for the short term if this market continues to act erratically.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$106.790
Owned
Yes
TOP PICK
TOP PICK
February 2, 2016

Tracks gold stocks on the TSX. The chart shows a little bit of a base that seems to be happening. He is looking for a possible break out. Producers have been lagging the actual commodity, and he is wondering if there might be some catch up. Doesn’t own this yet but is showing what he is interested in buying and will possibly buy in the next week or so.

Tracks gold stocks on the TSX. The chart shows a little bit of a base that seems to be happening. He is looking for a possible break out. Producers have been lagging the actual commodity, and he is wondering if there might be some catch up. Doesn’t own this yet but is showing what he is interested in buying and will possibly buy in the next week or so.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$8.840
Owned
No
TOP PICK
TOP PICK
February 2, 2016

Sell on the rallies and raise cash. Believes we are in an interim bear market.

CASH (CASH)
February 2, 2016

Sell on the rallies and raise cash. Believes we are in an interim bear market.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$0.010
Owned
Yes
DON'T BUY
DON'T BUY
February 2, 2016

A good company in the casino business. Has a positive disposition towards the area in the long-term, but right now you do not want to touch the stock. Macau continues to be a big black hole.

A good company in the casino business. Has a positive disposition towards the area in the long-term, but right now you do not want to touch the stock. Macau continues to be a big black hole.

Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$42.200
Owned
No