Latest Stock Buy or Sell? Make More Informed Decisions!

MACD Comment. Moving average convergence divergence signal measures two moving averages against each other. He likes the 5-day and 34-day moving averages. When prices are going up, the 5-day rises faster, which can be a signal of a bull trend when it crosses above the 34-day average. As the price increase accelerates, it begins to be divergent to the 34-day average. When prices plateau, the 5-day average may flatten and converge with the 34-day average. It becomes ominous when the 5-day moves below the 34-day average as it could signal a trend reversal.

Should one invest in GICs and wait for the market to trend? He thinks if you can afford to lose a little bit of money, stay in stocks. No one knows the future, but he feels US investors may be settling into the political environment. However, if investors begin to pay more attention to changing political winds, it may signal a down turn in the market. The other sign post to watch is if central banks are raising interest rates too fast. If they are cautious and accommodative, this will be bullish. Finally, the economic data needs to be watched – recently it has been weaker.

Is there a correction coming in 2018? He has a suspicion that economic data will continue to moderate and add to downward pressure. You also have to consider investor sentiment and pay attention to their political views. Be watchful about market sentiment.

Will Canadian markets continue to underperform the US? These markets are closely related to one another. There is some divergence with the TSX underperforming the S&P500. The TSX could continue to under-perform going forward.

Do you buy partials or buy your full volume? It depends on the strength of the signal. A strong signal means you should buy your full volume, otherwise scale-in to your position.

Technically he thinks key support near $28 must hold. He thinks we are in an up channel presently, but that would end if it fails to hold key support.

After a long consolidation, it is in a healthy up channel making higher highs and higher lows he says. Try to buy below the midpoint of the up-channel to reduce your risk of entry.

He prefers to make his call based on the 5-year chart. It has been in a healthy up channel, but he thinks it is over-bought. It will likely correctly down soon. The double-top in the Nasdaq could also signal a pause in the price strength. Be patient.

He gets a lot of questions on this high yield dividend stock. He thinks it is breaking down through a neckline and sees further downside towards $35. He would need to see more selling followed by a bottoming formation to give evidence the buyers have returned.

A high dividend yield stock with a healthy balance sheet. A double-top has formed, so he would be patient. A drop below $12.20 would be dangerous. The credit market is under stress and since this company needs capital, they will have to pay more to borrow money as interest rates rise. You should wait a couple of weeks to see how things go.

He does not see any improvement in the technical chart – it is still in a down trend. There is some evidence of a bottom formation, but it is early. He would take profit above $11. He is weary of this one.

This company helps customer to automate their processes to help them be more competitive. It has a new CEO who is very focused on execution. The market believes they will increase profit margins by 5%. They also have a pipeline of acquisitions. Yield 0%. (Analysts’ price target is $18.70 )

Despite the recent turmoil, it is still a very healthy chart. However, if your costs are low you may want to take some off the table. In the new economy you really don’t know what the next potential issue may be. Personal information may be misused. Be careful going forward.

He thinks the stock appears to be going sideways and there does not seem to be any indication it will break out of the range.

He thinks it has done well, but it is over-extended. If you have a position, watch out. There is a double-bottom that could be a problem if it is taken out. Consider a trailing stop about 10% below current prices.