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(A Top Pick Nov 14/16. Up 4.85%.) This has a 4% dividend, and he wouldn’t normally buy for his equity platform, but recently took a position because it seems to have broken out of a bit of a base. Even though it is an income stock, he feels it has a little bit of upside. He will probably sell it, but in the meantime, will earn a bit of a dividend.

This is a stock he had played earlier in the year, and illustrates his self discipline. He buys a stock on a break out. This one went sideways, and then broke down, so he ended up selling it at around $80, and it continued to drop. Technically it broke his level of support. In his opinion, this is still a falling brick, and there is no reason to try and guess where the bottom is. Until it starts to break out to the upside, he wouldn’t touch it.

This definitely has a base in the $8 range, but looks like it is struggling mightily to stay above that right now, and looks like it might head down to that area again. To him, it is a trading stock. You buy it somewhere near the support level, and probably end up selling it in the low $11 area.

This broke its downtrend, and now appears to be basing. There are a series of higher lows, but he needs to see a break of around $2.40. If we get a break past $2.30-$2.40, it could be quite positive, because it did break that downtrend.

This has a choppy looking chart, but there is a little bit of progress. It looked like it had broken down through its somewhat upward slanting trend line. It doesn’t look like a clean stock to buy, but there is definitely some rhythm to it. It appears that whenever it approaches the longer-term trend line, it is a good place to Buy. This could very well get back to that zone of $3-$3.50. It might not be a bad trade.

The chart shows a definite trend of lower highs and lower lows. This is now in a downtrend, and he would not buy it.

Chart shows a downtrend during 2015 that has been broken, followed by a base. Typically, what happens is that when you get a break, you almost always get a test of that breakout. That is called the neck line. It might come down another $.50-$1 and still be in the safe zone. As a disciplined technical person, you let it test the zone, in this case about $24, make sure it bounces and then you buy it.

Banks have a seasonal peak right around December. The positive thing from a technical perspective, is that this has broken out, and is now trying to pull back to the breakout point. That is all very healthy. It probably won’t have the same kind of lift that it had this month.

The chart shows the downtrend has been broken, and the stock is starting to base. It is fairly progressive with some of the lows getting a little higher. He likes the look of the chart, but would want to see it break out. He likes transports in general for the next few months from a seasonal point of view.

This seems to have a lid somewhere in the $45 area. It is really not a trending stock, it has gone up and down like a yo-yo. Currently it is kind of closing in at around the top of the range, and could get near the top of the range or just decline back down to the high $30s. He probably wouldn’t be a buyer at this time, unless you are just interested in the dividends.

There is a fair amount of seasonality to metals. Lower priced stocks are not traded by the bigger players, and therefore you have less crowd behaviour involved. Penny stocks can be whippy, because they are traded by less traders with less money. The chart shows a long downtrend that was broken, and the stock has found some support at around $.50, and is bouncing off of that right now. There is a little bit of technical resistance at around $.70. If he were to trade this, he would be waiting for a break out through $.70, and would wait for a bare, bare minimum of one week before he bought it, to make sure it is not a head fake.

Not a bad looking chart. If you like the fundamentals, this has a nice little uptrend. It seems to have taken up on the risk, but it is near the trend line. There is not a failure of the lows and highs. There is an old resistance point that it may be starting with right now, but generally speaking, this is not a bad looking chart. If has kind of definitively broken that $13.50 or so area, and would be even more positive, if it could get back up into the $20 range within a year or so. He would wait to see if it broke out.

He likes the metals. This company has a pretty big chunk of copper, which is seasonally positive. The trend has been up and this is currently forming a base at around $38, and should do okay into the spring. (Analysts’ price target is $42.74.)

He likes the transports in general. This was in a downtrend, but seems to have broken out, and there is a bit of a base in the breakout. If you buy it at somewhere around $191, in the spring it will be a good time to own it. (Analysts’ price target is $223.21.)

This does fire safety products, but is also kind of into the automotive industry. It is driven by industrial seasonality. This has had a bit of consolidation since July, and is now testing that. Ideally you would like to see it bounce off of that, but he is taking his chances on it because fundamentally it is a sound company. (Analysts’ price target is $49.31.)