Latest Stock Buy or Sell? Make More Informed Decisions!

Dow Jones Industrial Average. Are we on the brink of a market collapse? He doesn’t see that at all. The price action has been very strong. Any market collapse usually needs a topping formation. You need to build up overhead supply before the market can crash. As of now, buyers are very persistent and are willing to pay progressively higher and higher prices, and sellers are kind of shy.

The 5-year chart shows this had been going down, and is now stabilizing. The rally that started in 2016 is very gentle, and doesn’t have as much credibility as the big rally selloff in 2014-2015, so he would avoid this.

Chart shows a big, big resistance at around $30. If the recovery is credible, the stock should be much higher. The chart indicates that it keeps trying to go lower, which is not a good sign. This is bearish and might go lower. Don’t be deceptive by the 7% yield. You could lose it in 2 days.

The information on the chart for 2016 is very disturbing. It had a sharp selloff after its big rally, with a very poor recovery. He would stay away.

Stock split? The banks unwritten rule is that if a stock goes above $100, the stock will be split so it will be more palatable. Whether there is a split or not, it is still the same company, so valuation on the big picture is not changed. The chart looks bullish. The old highs, set in 2014, have been bridged and it is making new highs. Everything looks pretty good.

Chart shows a fairly good uptrend from 2013. Looking a little tired recently, but it managed to break out. Retesting old highs is always bullish. Buy on the retracement, and it should make new highs soon, within the next few months.

Chart shows a very healthy uptrend from 2013, which was broken in 2016. There should be strong support at around $9. He would wait for it to trade a little lower, and see if $9 is a credible support. If $9 holds, then it may be time to buy some, but we are way, way premature.

This is seen as a higher cost gold producer. Chart shows it has dropped from almost $36, and is in danger of testing a big band of congestion area at around $10. If $10 is too much of a pain, then sell your holdings here, or at least sell half.

Emera (EMA-T) or Fortis (FTS-T)? These 2 are new plays, so they behave similarly. Fortis is the winner. It is retesting old highs. The chart shows a whole series of higher lows. Buyers are willing to pay progressively higher prices for it. The chart is showing some fatigue in the latter part of 2016. Wait for a lower price for a couple of months, and see how it trades.

Emera (EMA-T) or Fortis (FTS-T)? These 2 are new plays, so they behave similarly. This one is the winner. It is retesting old highs. The chart shows a whole series of higher lows. Buyers are willing to pay progressively higher prices for it. Any 2%-3% retracement would be a good entry point.

The chart shows this has done nothing, and it is not going anywhere. Trading in a well-defined range of about $28 and $33, so you can pick your spot. $29 is probably not a bad place to buy, but he wouldn’t pay more than that.

Chart shows this has a declining triangle, and he would stay away. We don’t know where this will end. It’s in a period of prolonged weakness.

This hasn’t done anything. There are better sand boxes to play in. It’s not bearish yet.

The market is very concerned. The chart shows there is no bounce at all.

An expensive stock. Looks good, but getting a little tired. Give it a couple of months before you buy and see how it trades out.