Latest Expert Opinions

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Opinion
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WAIT
WAIT
December 19, 2017

He love this company. Seasonal period for this is from October 28th to end of November. If we look back, Canadian Tire actually has an extremely weak January. It’s part of retail and retail tends to be weak in January. It’s actually only outperformed the TSX Composite 17% of the time in January. He would wait until the end of January into February to pick up this stock.

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He love this company. Seasonal period for this is from October 28th to end of November. If we look back, Canadian Tire actually has an extremely weak January. It’s part of retail and retail tends to be weak in January. It’s actually only outperformed the TSX Composite 17% of the time in January. He would wait until the end of January into February to pick up this stock.

COMMENT
COMMENT
December 19, 2017

That’s a hard one to say. It’s one of the stronger stocks now but there’s going to be a lot of jockeying back and forth and buying out. Cannabis stocks are hot and the sector is performing well. He can’t say anything technical since he hasn’t seen a breakdown at this time. When a stock goes vertical like this one, it’s hard to determine the support level when it breaks down. The best way to look for an exit point is if it starts to underperform the market.

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Aurora Cannabis (ACB-T)
December 19, 2017

That’s a hard one to say. It’s one of the stronger stocks now but there’s going to be a lot of jockeying back and forth and buying out. Cannabis stocks are hot and the sector is performing well. He can’t say anything technical since he hasn’t seen a breakdown at this time. When a stock goes vertical like this one, it’s hard to determine the support level when it breaks down. The best way to look for an exit point is if it starts to underperform the market.

PAST TOP PICK
PAST TOP PICK
December 19, 2017

(A Top Pick Oct 27/17 Down 1%.) There is a big question mark around the future of delivery. Everybody is scared of Amazon. From a seasonal perspective, UPS doesn’t do well at this time. The seasonal trade finished on December 10th and since has pull back a little bit. From now until March it tends to be a poor performer. It’s better in fall time. This is not the time to be in UPS.

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(A Top Pick Oct 27/17 Down 1%.) There is a big question mark around the future of delivery. Everybody is scared of Amazon. From a seasonal perspective, UPS doesn’t do well at this time. The seasonal trade finished on December 10th and since has pull back a little bit. From now until March it tends to be a poor performer. It’s better in fall time. This is not the time to be in UPS.

PAST TOP PICK
PAST TOP PICK
December 19, 2017

(A Top Pick Oct 27/17 Up 2%.) Has been underperforming lately. It’s a great sector and canadian financials are great companies, but he just thinks there are better opportunities somewhere else. They are looking to come back to the financial sector in January when banks do well again.

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(A Top Pick Oct 27/17 Up 2%.) Has been underperforming lately. It’s a great sector and canadian financials are great companies, but he just thinks there are better opportunities somewhere else. They are looking to come back to the financial sector in January when banks do well again.

PAST TOP PICK
PAST TOP PICK
December 19, 2017

(A Top Pick Oct 27/17 Up 4%.) Has done very well in 2017. We saw a correction take place back in November and that actually happens on a fairly regular basis. They exited the sector and then recently came back into it. They are looking to stay in this sector until at least the end of mid-January, if the markets corrects, he would consider exiting, but we are in a seasonal strength period for technology from October 10th until January 17th. Companies tends to spend more of their budget on technology at this time of the year driving the sector up.

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SPDR Technology ETF (XLK-N)
December 19, 2017

(A Top Pick Oct 27/17 Up 4%.) Has done very well in 2017. We saw a correction take place back in November and that actually happens on a fairly regular basis. They exited the sector and then recently came back into it. They are looking to stay in this sector until at least the end of mid-January, if the markets corrects, he would consider exiting, but we are in a seasonal strength period for technology from October 10th until January 17th. Companies tends to spend more of their budget on technology at this time of the year driving the sector up.

COMMENT
COMMENT
December 19, 2017

They are in recovery mode. It’s all about managing debt at this point and doing that properly. Going back to the glorious years of what it was before will never happen. The chart looks fairly positive, looks like we’re in a breakout now. From his perspective we are not in a seasonal period for health care and pharmaceuticals at all, particularly in the new year. Yes, we’ve had this bit of breakout and had a little bit of an uptick. But watch out if the overall healthcare doesn’t do well and if we don’t have any news from Valeant, we might see that pull back down. He would be cautious and would actually wait until later on. Seasonally we’re not there.

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They are in recovery mode. It’s all about managing debt at this point and doing that properly. Going back to the glorious years of what it was before will never happen. The chart looks fairly positive, looks like we’re in a breakout now. From his perspective we are not in a seasonal period for health care and pharmaceuticals at all, particularly in the new year. Yes, we’ve had this bit of breakout and had a little bit of an uptick. But watch out if the overall healthcare doesn’t do well and if we don’t have any news from Valeant, we might see that pull back down. He would be cautious and would actually wait until later on. Seasonally we’re not there.

DON'T BUY
DON'T BUY
December 19, 2017

They’ve had their trouble a little bit here. We haven’t really seen a lot of strength. We want it to consolidate a little bit more and see a breakout. Right now, technically, it’s not looking strong. He would be holding off on this.

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They’ve had their trouble a little bit here. We haven’t really seen a lot of strength. We want it to consolidate a little bit more and see a breakout. Right now, technically, it’s not looking strong. He would be holding off on this.