Latest Stock Buy or Sell? Make More Informed Decisions!

Market. Last week the S&P and markets around the world fell off and today we saw them buying the dip. This is normal and we have not broken any trend lines. This is nothing to be concerned with. This is a buying opportunity. A correction has been overdue for a long time. It will happen at some point but you cannot say when. We are seeing strong corporate earnings helping to keep the stock market going. He prefers the US for investing right now. He is not a big fan of the Canadian banks right now. The energy sector and gold miners are being hit.

Covered call high dividend ETF. The volatility is picking up so this is not a bad place to be because of the covered calls earning bigger premiums. It has come back to its September lows.

There have been concerns with the company and operations over time. The decline in 2017 has turned into base building. Natural Gas tends to do well in March. This is probably not a bad time to buy if we see it start to pick up a bit.

Last year we formed a base and now we are heading down to it. These businesses can do extremely well if the energy sector picks up. $3.20 would be a place to step in.

Fixed Income ETF, US or Canadian recommendation. Bond yields are picking up so bond prices are going down. He would be cautious right now on these.

World Debt – how does it affect gold? Debt should help gold but we have not see huge moves yet. We have seen an ascending triangle in gold since mid-2016. People are starting to step in. It is really hard to time this.

Car companies in the US have done well and so has this one. We are still in an upward trend. We want it to break above the recent high to about $75. Seasonally car companies are getting stronger through to about April.

We are coming up to the seasonal period when energy starts to do well. We saw a breakout from the downward trend as it builds a base.

This is the strong seasonal period for Canada banks until mid-April. They are doing well this year, but have not had that strong uplift we expect. CM-T should come down to about $104. It will underperform because it has less US exposure. He would wait for strength before jumping in.

Educational Segment. What The US 10 Year Bond Market says about the Economy. When the yield rises it becomes more expensive to borrow and cuts down on growth. Both the S&P and Bond yields have been going up rapidly recently, which is not normal. Now investors are concerned the bond yield moved up too far too fast. We have to be cautious here.

Market. Alberta is considered a third world country now at this point by CEOs. It will eventually come back but right now you have to be specific in what you invest in. Government has created uncertainty with carbon tax and new regulations. There are opportunities in that people have been out of the Canadian energy for so long and are starting to come back.

[The guest was on last in 2014 and was working for a different company so there were no Past Picks today.]

Canadian light oil producer. Light oil differentials have become less recently. This we can get out of Canada more so than heavy oil. They recently announced a discovery in Alberta. They have a huge amount of land for this new oil play. It trades at a relatively low multiple. No issues at all on the debt. (Analysts’ target: $10.87).

A light oil company that trades cheaply. Management continues to under promise and over deliver. (Analysts’ target: $9.87).

They are light oil. Their corporate decline rate has dropped. They increased their dividend yield with a recent acquisition. A solid light oil company. (Analysts’ target: $13.00).