DON'T BUY

Right now he does not want exposure. He does not like the risk of the sector. We need to see this commodity legitimized. HMMJ-T is a speculation, not an investment. After the next recession, companies with no earnings get obliterated.

BUY ON WEAKNESS

He likes this and is the best way to hold Europe. He is looking to add more on weakness. You get the currency hedge. It is his biggest international exposure in all the funds he manages.

COMMENT

Today's 2% drop in North American markets, triggered by Trump's tariff tweets, is a short-term hiccup. The more noise we hear from him is finally taking its toll; the Dow is down 1,000 points in short term. There'll be more downside about 5%, but long-term we're okay. The market needs a sell-off of another 1,000 points, then it'll be calm and steady before we see new highs. We have a lot of steam left, but need to blow off stale air now. He doesn't see a recession in the near future, just a correction, which is healthy. The TSX has been faring better than the American markets lately. It's amazing there's been so much volatility in cannabis stocks when there hasn't gotten under way yet. There's a lot of eurphoria now; he's in a wait-and-see mode.

PAST TOP PICK

(Past Top Pick, May 10, 2018, Up 20%) Volumes are rising, the stock is coming alive and there's plenty of room for this stock to regroup. Those who have owned this since it's drop of the past few years will hold on now that it's starting to climb again, so they can get their money back. He still likes it.

PAST TOP PICK

(Past Top Pick, May 10, 2018, Up 5%) He liked their whole India play, though investors didn't at first. It's come off in the past year, but sees plenty of upside. Good to continue to own it and a great long-term play that will hit $100. But yes, Amazon is probably a threat to Walmart in North America e-commerce, though not India.

PAST TOP PICK

(Past Top Pick, May 10, 2018, Down 12%) The whole group's been hit lately, but he still likes it. It's at a good support level. There's a good future in gambling stocks.

TOP PICK

It's testing its 100-week moving average which is appealing. $45 would be its bottom, and it's currently at $48. It's currently an attractive entry point. US bank de-regulation helps and, for whatever reason, US banks briefly fell out of favour. Take advantage of it. (Analysts' price target: $60.56 )

TOP PICK

It's current $20 level is gold--$20 has been past bottoms and right after the stock price rebounded. The volume is picking up, which means the stock is starting to find a base. It'll hit the high-$20s. (Analysts' price target: $31.50)

TOP PICK

It's built a nice base. It's so boring, yes, but whenever it reaches these levels in the low-40s, it bounces up. Limited downside, but likely upside. (Analysts' price target: $49.80)

BUY

It's testing support levels where it's been before and volumes are lifting--both positives. The low-80s is support. The consolidation is healthy.

BUY

It's been building a base and current levels may rise past $9. He likes this, though it's in a volatile sector. HHL is acting quite well. He'd buy it now, and certainly when it breaks out past $9.

COMMENT

It's moved straight up in the past 18 months from $50-80 and now it's in the mid-60s. So there's little safety net on the downside. There is some support in the low-60s. Be careful. It may or may not hold at current levels.

BUY

It has history of holding at its current $1 range. You can buy it, but don't rush into it.

HOLD

The chart is acting well. It needs to rise above $14, and he's concerned about its volumes. It looks blah, waiting for some news. You could own it.

BUY

A crazy success story. A good company and stock. Keep it. It could reach all-time highs. He really likes this.