Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
December 30, 2016

On a 3-year chart, the stock declined and is currently in a bit of a base. A base is where you start to see the highs reach a similar inflection point. It appears this is breaking out. This looks reasonably bullish as long as it can stay above the breakout point of around $110. His target would be into the high $130, and from there you would have to see where it goes. A reasonably constructive looking chart.

Apple (AAPL-Q)
December 30, 2016

On a 3-year chart, the stock declined and is currently in a bit of a base. A base is where you start to see the highs reach a similar inflection point. It appears this is breaking out. This looks reasonably bullish as long as it can stay above the breakout point of around $110. His target would be into the high $130, and from there you would have to see where it goes. A reasonably constructive looking chart.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$115.820
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

Technical analysis is a study of crowd behaviour, so whenever you are looking at a penny stock, it is usually traded by less players, so you tend to get concentration of ownership and the crowd factor is less so. This stock was in a downtrend, and has most definitely begun quite a nice little base. You want to see a break out in the mid to high $0.20. If it broke out into that area, you would then probably have some significant upside ahead. Right now, it is in a base, which is a healthy development.

Technical analysis is a study of crowd behaviour, so whenever you are looking at a penny stock, it is usually traded by less players, so you tend to get concentration of ownership and the crowd factor is less so. This stock was in a downtrend, and has most definitely begun quite a nice little base. You want to see a break out in the mid to high $0.20. If it broke out into that area, you would then probably have some significant upside ahead. Right now, it is in a base, which is a healthy development.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$0.225
Owned
Unknown
BUY
BUY
December 30, 2016

This has largely been in an uptrend. Most FANG stocks are kind of keepers. Whenever they dip down, so long as they stay on the trend line, that is usually an opportunity to Buy. You want to make sure that the highs and lows are getting higher, which this one is most certainly doing. Probably not a bad time to be picking some of this up.

Facebook (FB-Q)
December 30, 2016

This has largely been in an uptrend. Most FANG stocks are kind of keepers. Whenever they dip down, so long as they stay on the trend line, that is usually an opportunity to Buy. You want to make sure that the highs and lows are getting higher, which this one is most certainly doing. Probably not a bad time to be picking some of this up.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$115.050
Owned
Unknown
DON'T BUY
DON'T BUY
December 30, 2016

This was in a super-duper nice up trend, and then started to break down. There was a low of around $32.50 in November, and it tested this in December, and then it broke down below. Because it is a relatively short-term chart and it is breaking down, he would be a little bit concerned about the stock. You don’t like to see a breakdown from a longish uptrend, so he would probably avoid this for now.

Spin Master Corp (TOY-T)
December 30, 2016

This was in a super-duper nice up trend, and then started to break down. There was a low of around $32.50 in November, and it tested this in December, and then it broke down below. Because it is a relatively short-term chart and it is breaking down, he would be a little bit concerned about the stock. You don’t like to see a breakdown from a longish uptrend, so he would probably avoid this for now.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$32.570
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(A Top Pick Nov 14/16. Up 4.28%.) This is a pretty good trend. Every time it comes down to the bottom of the trend line, you want to pick some up. For the long run, this is a great stock to own.

Amazon.com (AMZN-Q)
December 30, 2016

(A Top Pick Nov 14/16. Up 4.28%.) This is a pretty good trend. Every time it comes down to the bottom of the trend line, you want to pick some up. For the long run, this is a great stock to own.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$749.870
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(A Top Pick Nov 14/16. Up 3.09%.) He sold this at around $62, and then noticed it had come back to its trend line at around $58 and bought it back. It is still in the Buy zone.

BCE Inc. (BCE-T)
December 30, 2016

(A Top Pick Nov 14/16. Up 3.09%.) He sold this at around $62, and then noticed it had come back to its trend line at around $58 and bought it back. It is still in the Buy zone.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$58.030
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 30, 2016

(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.

Parkland Fuel Corp (PKI-T)
December 30, 2016

(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.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$28.130
Owned
Yes