Latest Expert Opinions

Signal
Opinion
Expert
WATCH
WATCH
July 13, 2018

He likes this stock and thinks it is about to enter a period of seasonal strength, which begins in late-July typically. Once it breaks through the the bearish channel started back in mid-2017, it should be a good rally. He does not own any utilities at the moment since they saw the increase in interest rates coming. Now, he thinks interest rates will plateau soon. He prefers Fortis (FTS-T).

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He likes this stock and thinks it is about to enter a period of seasonal strength, which begins in late-July typically. Once it breaks through the the bearish channel started back in mid-2017, it should be a good rally. He does not own any utilities at the moment since they saw the increase in interest rates coming. Now, he thinks interest rates will plateau soon. He prefers Fortis (FTS-T).

BUY
BUY
July 13, 2018

He does not own any utilities at the moment since they saw the increase in interest rates coming. Now, he thinks interest rates will plateau soon. This is a well- managed company. The technical outlook is demonstrating higher lows, so he thinks this is setting up well for a buy soon. The risk-reward is looking favourable. He sees support at $39.50 and a break above $43.80 would be a signal that $48 could be coming.

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Fortis Inc. (FTS-T)
July 13, 2018

He does not own any utilities at the moment since they saw the increase in interest rates coming. Now, he thinks interest rates will plateau soon. This is a well- managed company. The technical outlook is demonstrating higher lows, so he thinks this is setting up well for a buy soon. The risk-reward is looking favourable. He sees support at $39.50 and a break above $43.80 would be a signal that $48 could be coming.

BUY
BUY
July 13, 2018

The risk-reward is favourable. He sees support near $40 and would begin to build a position here between $40 and $46 and would add to it above that range.

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Enbridge (ENB-T)
July 13, 2018

The risk-reward is favourable. He sees support near $40 and would begin to build a position here between $40 and $46 and would add to it above that range.

WATCH
WATCH
July 13, 2018

Energy is setting up for its seasonal rally into October. The technical chart is demonstrating a bullish channel. He would really like to see a rally back above $4.90 for a signal it is really going to move. In the meantime there is resistance near $4.25, so expect some choppiness.

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Energy is setting up for its seasonal rally into October. The technical chart is demonstrating a bullish channel. He would really like to see a rally back above $4.90 for a signal it is really going to move. In the meantime there is resistance near $4.25, so expect some choppiness.

WATCH
WATCH
July 13, 2018

He does not know much about the company, but sees the ride down in price since 2017 appears to be finding some support now. He would need to see a move above $1.80 to be really bullish and it needs to hold support near $1 to stay with it.

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He does not know much about the company, but sees the ride down in price since 2017 appears to be finding some support now. He would need to see a move above $1.80 to be really bullish and it needs to hold support near $1 to stay with it.

BUY
BUY
July 13, 2018

He feels the transportation sector is entering into a good seasonal cycle and thinks this stock is in a good risk-reward position. The bearish move since March is now testing long term support near $20, so this could be a good place to begin to build a position at these levels. He would use a 5-6% range for a stop-loss.

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Air Canada (AC-T)
July 13, 2018

He feels the transportation sector is entering into a good seasonal cycle and thinks this stock is in a good risk-reward position. The bearish move since March is now testing long term support near $20, so this could be a good place to begin to build a position at these levels. He would use a 5-6% range for a stop-loss.

HOLD
HOLD
July 13, 2018

The percentage of the Financial Services sector to GDP is the largest in Europe – approaching 400% of GDP for its capitalization, compared to 150% for the US. He thinks this creates an overhang for the European banks. He would continue to hold for now as there is some short-term basing on the chart, but sees better value elsewhere, like US banks.

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ING Groep NV (ING-N)
July 13, 2018

The percentage of the Financial Services sector to GDP is the largest in Europe – approaching 400% of GDP for its capitalization, compared to 150% for the US. He thinks this creates an overhang for the European banks. He would continue to hold for now as there is some short-term basing on the chart, but sees better value elsewhere, like US banks.