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It has certainly gotten cheaper. It is hard to give recommendations over the long run on this stock. Despite their earnings miss, they have still not recovered. Their valuation is okay and reasonable relative to other tech stocks. For now it is a neutral and if it keeps declining it will be a sell.

It is another turnaround story with new management. It has been a short for him for a while. He thought there would be enough earnings power for some cash flow but it all reversed in the last couple of months. It has poor price momentum and is not cheap enough. He is still waiting for that turnaround in the energy sector.

You won't go wrong with Canadian banks even though they are more expensive than US banks. C-N has never really recovered from the financial crisis. He would prefer BNS-T because it is a more stable business

You have the option on Enercare to take the cash or a tracking stock on Brookfield. He prefers cash and then one should buy into BIP.UN-T if you want to, later. He doesn't recommend BIP.UN-T because it is expensive and missed on recent quarters. It comes down to a tax situation.

It has pretty good price momentum, reasonable valuation and pretty good volatility. 15 times earnings is not outrageous for this business. It has a small dividend and a good payout ratio. It is not quite cheap enough to interest him.

It has been a tough energy call. He thought it was cheap enough after their acquisition and the stock got hammered, but the rally petered out. He got out. Cash flow is not really there. It is lining up as a short if he sees more weakness.

A small short position for him. It is a hedge for him, also. It beat on a recent quarter, but the payout ratio is high and it is too expensive. It has poor price momentum.

It is a short for him. It has a good yield but struggles in a rising rate interest environment.

H.IR-T Investment Receipts. They are tied to Hydro 1. They issued them as part of their US acquisition. It is not clear whether this transaction will actually close. These receipts give you protection in that scenario. You either get shares of H-T or your money back. The price momentum has started to improve on these, 4.7% yield. He likes these receipts as a better way to play the deal. It should happen between now and the end of April. (Analysts’ target: $21.58).

He is negative on the other pipelines but this one is a more attractive and more defensive way to play the energy market. They beat on last earnings and have a good balance sheet. There are multiple possible catalysts to move the stock higher. (Analysts’ target: $67.37).

It really struggled recently turning from a growth to value stock. It is cheap enough that it is interesting to him. Price momentum has improved more recently. (Analysts’ target: $35.36).

It has two things he likes. It has good price momentum and good valuation. Chip makers are meaningfully cheaper than software companies. This is a very cheap company, about 4 times earnings. They have all struggled recently but that is not a reason to give up on them. Hang on to it or take another look at it.

Market. As we get into the US midterm elections, trade will be a big thing. It is most important what the US is going to do with China and Europe. Canada is reaching a soft deadline at the end of this month for free trade. He heard there is a deadline of the 20^th of September. It all means uncertainty for markets and volatility around currency. Trump has to be able to talk of doing a deal on trade. It is next year's congress that will vote on all these things. He is not sure the uncertainty is going to go away. China is the most senior of the emerging markets and is down 20% from their peaks. The US is leading here. The Fed is slowing things down and that always, always ends the bull market. It could be 2 months, 6 months or a year from now but the emerging markets are showing that warning sign here.

It is one of his favourite ETFs to play high yielding, less correlating exposure. Utilities, pipelines and telcoes, 30% US, 70% Canada. The yield is in the 4.5%-5% range. It has a covered call overlay to enhance the yield to something over 6%. Seasonality is a factor. Over the next couple of months we will see interest rates tick up a bit and ZWU-T is interest rate sensitive. Underfunded pension plans are off the board now and should have a slight negative on ZWU-T, so hold off before nibbling on it.

In the long term you have to like this story. He always wants to know when this growth phase ends but has not looked under the hood. So when a company like this misses, as DOL-T did recently, then does that mean the growth phase has ended, but he does not know today. You can trade it if you want but if it breaks here it could drop to $35 or to $25.There is not enough evidence right now that it is going to hold.