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Market. He includes sentiment and market breadth to score the market from 1-8. Currently, he ranks it at 3 – mildly bullish, but is holding more cash (20%). The old lows from February and March held at 2580 on the S&P500, so the trend is still intact. Sentiment indicators are neutral, meaning they are neither bullish nor bearish. Things aren’t dire yet and he is still 80% invested. He does not see a large risk to higher interest rates and is not afraid of inflation. Hold good quality stocks and stay the course he says.

Gold. He has an extensive blog on the topic (valuetrend.ca). Gold has been stuck with a lid at $1360 /oz. It is near support. He would not be a buyer yet, but could trade it as a swing trader on a short term basis. Over and over and over it has tested the upper bound, but has not broken through, so he is not keen on putting new money into it.

Pembina versus Inter Pipeline. PPL-T technically has a lid on the price chart, where it is now bouncing down away from. Until it breaks above $45 he would think it goes sideways. One has a better trend formation – albeit lower highs and lower lows. He would not be interested in buying this either.

Pembina versus Inter Pipeline. PPL-T technically has a lid on the price chart, where it is now bouncing down away from. Until it breaks above $45 he would think it goes sideways. One has a better trend formation – albeit lower highs and lower lows. He would not be interested in buying this either.

Technically the chart has been in consolidation with highs just over $7. It remains in a sideways range until proven otherwise.

Generally over the summer, higher beta plays like this often soften a bit. It broke out bullishly recently, almost parabolic, and could be over-bought currently. It may pull back towards $75-$80. He would be a buyer on the pullback.

It has been in a great long term uptrend and is now consolidating. It is not in danger, but he would watch for a break below recent significant lows. He would not put new money into it, but would continue to hold.

The NASDAQ has been on fire and this represents that as a proxy. It is back to recent highs, so he would wait for a break to new highs, wait two days and then buy if it holds strength. He would not buy until the new highs have been made.

He does not have a great explanation for why this is not advancing like Sunlife, especially with higher interest rates recently. His fundamental analyst thinks it has some weaker financials compared to the other insurer. Yield 3.6%.

It is a great company and he is sorry he sold it. He would wait for a pullback as he thinks it may be overbought. He would not get greedy and only look for a $1-$2 retracement. To set a target for selling, he watches for it to round over, but ride it as long as possible. (Analysts’ price target is $27.70)

his stock is one you definitely don’t want to buy yet. It is making lower highs and lows and you have to wait for a base to form. Don’t catch a falling knife. Yield 7%

This is a good trading stock in his opinion. It moves aggressively with good breakouts. If it breaks the current consolidation above $39, it would be bullish. It is in a consolidation presently and would sell if it takes out the support near $30. He ranks it as a 5 out of 10. (Analysts’ price target is $42)

This is a good dividend play with a good chart pattern. It has a nice trend channel for a dividend play.

A very sideways looking chart. He would not buy it, because the stock price is going nowhere fast. He would pass.

Would you sell puts as the stock continues to consolidate? This is a good stock to sell puts to earn some revenue – as its chart is sideways (stuck between $2.75 to $4.50).