Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
December 30, 2016

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.

Westjet Airlines (WJA-T)
December 30, 2016

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.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$23.040
Owned
Unknown
DON'T BUY
DON'T BUY
December 30, 2016

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.

Telus Corp (T-T)
December 30, 2016

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.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$42.750
Owned
Unknown
COMMENT
COMMENT
December 30, 2016

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.

Denison Mines Corp (DML-T)
December 30, 2016

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.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$0.700
Owned
Unknown
WATCH
WATCH
December 30, 2016

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.

Veresen Inc (VSN-T)
December 30, 2016

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.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$13.110
Owned
Unknown
TOP PICK
TOP PICK
December 30, 2016

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.)

Rio Tinto (RIO-N)
December 30, 2016

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.)

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$38.460
Owned
Yes
TOP PICK
TOP PICK
December 30, 2016

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.)

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.)

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$191.560
Owned
Yes
TOP PICK
TOP PICK
December 30, 2016

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.)

Johnson Controls (JCI-N)
December 30, 2016

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.)

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$41.190
Owned
Yes