Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
September 22, 2017

This is going through a major restructuring. Sold a big chunk of their assets and have gone into other assets. Technically, the long-term trend is still on the downside. However, it has broken the downtrend in the last few days, and there is long-term support. That is encouraging. If you own it, continue to hold until about the 2nd week in December.

Show full opinionHide full opinion
Pengrowth Energy (PGF-T)
September 22, 2017

This is going through a major restructuring. Sold a big chunk of their assets and have gone into other assets. Technically, the long-term trend is still on the downside. However, it has broken the downtrend in the last few days, and there is long-term support. That is encouraging. If you own it, continue to hold until about the 2nd week in December.

HOLD
HOLD
September 22, 2017

Seasonality, gassy stocks tends to be quite positive this time of year, from September through until the end of the year. This is showing some encouraging signs. Technically, it has just broken above resistance level and has established an upward trend. Also, it is outperforming the market. Momentum indicators are positive. If you own, stick with it until approximately the 2nd week in December.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 22, 2017

Seasonality, gassy stocks tends to be quite positive this time of year, from September through until the end of the year. This is showing some encouraging signs. Technically, it has just broken above resistance level and has established an upward trend. Also, it is outperforming the market. Momentum indicators are positive. If you own, stick with it until approximately the 2nd week in December.

DON'T BUY
DON'T BUY
September 22, 2017

Usually utility stocks, like this, do well in the summer, from April through to September of each year. It hasn’t really shown through this year. Technically, it established a downward trend and recently broke down below the support level. You are probably better off to look for opportunities elsewhere.

Show full opinionHide full opinion
Enbridge (ENB-T)
September 22, 2017

Usually utility stocks, like this, do well in the summer, from April through to September of each year. It hasn’t really shown through this year. Technically, it established a downward trend and recently broke down below the support level. You are probably better off to look for opportunities elsewhere.

COMMENT
COMMENT
September 22, 2017

Technically, this is not showing too much hope. Chart shows it has completed a double top pattern, and has broken down and is in a downward trend. Also, its momentum is negative. Using technical analysis, your downside risk is probably fairly minimal at these levels. At the same time, technicals do not favour an upside move in the short term.

Show full opinionHide full opinion

Technically, this is not showing too much hope. Chart shows it has completed a double top pattern, and has broken down and is in a downward trend. Also, its momentum is negative. Using technical analysis, your downside risk is probably fairly minimal at these levels. At the same time, technicals do not favour an upside move in the short term.

DON'T BUY
DON'T BUY
September 22, 2017

This has been one of the weaker gold stocks in the last while. Yesterday, it broke below support, and as well, the stock is in a downward trend. Not a good situation. Better opportunities exist elsewhere.

Show full opinionHide full opinion
Goldcorp Inc (G-T)
September 22, 2017

This has been one of the weaker gold stocks in the last while. Yesterday, it broke below support, and as well, the stock is in a downward trend. Not a good situation. Better opportunities exist elsewhere.

TOP PICK
TOP PICK
September 22, 2017

Historically, this has done well from September through to around the 1st of the year. It just had a nice break out recently. It is establishing an upward trend, so the technicals are positive. Seasonally, this continues through until January.

Show full opinionHide full opinion

Historically, this has done well from September through to around the 1st of the year. It just had a nice break out recently. It is establishing an upward trend, so the technicals are positive. Seasonally, this continues through until January.

TOP PICK
TOP PICK
September 22, 2017

Historically, banks have had 2 periods of seasonal strength. One of them is right around now through until the end of November. Bank CEOs love to give you good news as you get into the 4th quarter, when they release their results. Technically, it looks like we have started into seasonal strength right now.

Show full opinionHide full opinion

Historically, banks have had 2 periods of seasonal strength. One of them is right around now through until the end of November. Bank CEOs love to give you good news as you get into the 4th quarter, when they release their results. Technically, it looks like we have started into seasonal strength right now.