Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
October 27, 2017

Toy investors seem to be rattled. This is because of Toys “R” Us going bankrupt. Also, a major distribution channel for Mattel and this company is being taken away, which has caused some problems. Technically, the chart shows we haven’t quite broken down through the right shoulder yet, but if we do, that is a bad sign. Although we are in the seasonal period for retail stocks, if the technicals are not living up to it, you may want to pass on it. Look for it to show a little more strength, but if it falls below that neckline, he would be exiting.

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Hasbro Inc (HAS-Q)
October 27, 2017

Toy investors seem to be rattled. This is because of Toys “R” Us going bankrupt. Also, a major distribution channel for Mattel and this company is being taken away, which has caused some problems. Technically, the chart shows we haven’t quite broken down through the right shoulder yet, but if we do, that is a bad sign. Although we are in the seasonal period for retail stocks, if the technicals are not living up to it, you may want to pass on it. Look for it to show a little more strength, but if it falls below that neckline, he would be exiting.

COMMENT
COMMENT
October 27, 2017

A short-seller dropped the stock price, and the battling back-and-forth has created problems. The sector is doing really well. This has been trading in a range recently. They are coming on with earnings next week, and will clarify their positions. We are at the top end of the trading range in the sector’s seasonal period. Wait until the earnings actually come out. If it breaks out in the top end of the range, that is a very positive sign.

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Shopify Inc. (SHOP-T)
October 27, 2017

A short-seller dropped the stock price, and the battling back-and-forth has created problems. The sector is doing really well. This has been trading in a range recently. They are coming on with earnings next week, and will clarify their positions. We are at the top end of the trading range in the sector’s seasonal period. Wait until the earnings actually come out. If it breaks out in the top end of the range, that is a very positive sign.

COMMENT
COMMENT
October 27, 2017

Canadian banks are really interesting in that after their good August earnings, they stumbled. They’ve now picked up and have rocketed. Canadian banks typically do well from Oct 10 into December. Chart shows this was in a channel, but has now broken out, which is very positive. He wouldn’t be surprised to see it go back to the high it had earlier in the year.

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Canadian banks are really interesting in that after their good August earnings, they stumbled. They’ve now picked up and have rocketed. Canadian banks typically do well from Oct 10 into December. Chart shows this was in a channel, but has now broken out, which is very positive. He wouldn’t be surprised to see it go back to the high it had earlier in the year.

WAIT
WAIT
October 27, 2017

If interest rates move up and don’t have the growth, these are not going to participate. Chart is showing an overall downtrend, which hasn’t been broken yet. Until it demonstrates more growth potential, he would wait. Once it breaks the downward trend line, it indicates investors are switching their conception.

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Enbridge (ENB-T)
October 27, 2017

If interest rates move up and don’t have the growth, these are not going to participate. Chart is showing an overall downtrend, which hasn’t been broken yet. Until it demonstrates more growth potential, he would wait. Once it breaks the downward trend line, it indicates investors are switching their conception.

COMMENT
COMMENT
October 27, 2017

Up for the year, but moving in a consolidation pattern, and goes back into 2016. Seasonally, this tends to do well from December into January. He would be positive on this over the next few months.

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BCE Inc. (BCE-T)
October 27, 2017

Up for the year, but moving in a consolidation pattern, and goes back into 2016. Seasonally, this tends to do well from December into January. He would be positive on this over the next few months.

COMMENT
COMMENT
October 27, 2017

Some of the banks, including this one, are at the $100 mark, which is where banks like to do stock splits. He would be positive on this.

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Bank of Montreal (BMO-T)
October 27, 2017

Some of the banks, including this one, are at the $100 mark, which is where banks like to do stock splits. He would be positive on this.

HOLD
HOLD
October 27, 2017

They have a mine in Africa which potentially has copper and platinum. The seasonality for base metals is from Nov 19 into April. Chart shows there was a ramp up in 2016, but has been consolidating this year.

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Ivanhoe Mines (IVN-T)
October 27, 2017

They have a mine in Africa which potentially has copper and platinum. The seasonality for base metals is from Nov 19 into April. Chart shows there was a ramp up in 2016, but has been consolidating this year.