WATCH
He really likes this longer term downtrend break. If we get above $4 it opens the next resistance at $5. You are entering into a period of seasonal strength. He likes the setup for golds medium term.
BUY
He likes this chart a lot and is his only gold holding in his focus portfolio. It tested its 200 day. He sees the uptrend continuing.
WATCH
We are seeing a cycle reset with a consolidation. We might see a lower low develop over the next couple months and that is where he would get in for the net 3-4 year up leg.
DON'T BUY
He is concerned about the bond proxies. These names will continue to come under pressure. We are in a longer term down trend – lower lows and lower highs.
WAIT
We had consolidation in 2015/16 time-frame and then the up leg. Now we are seeing a cycle reset again. He would like to see a covered call strategy used. There will be further choppiness ahead.
TOP PICK
Relative strength is strong. It remains one of the top performing REITs. It is more defensive. (Analysts’ price target is $15.51)
TOP PICK

He likes the chart a lot. It has had a really big pull back. He added in September. It flagged as showing momentum. The dividend yield is really good now after the pullback. I forged a beautiful base. (Analysts’ price target is $36.70)

TOP PICK
There has been a consolidation. It will be choppy for a while. Managers should be looking to add exposure to staples and this is a top one. This one would not go down as much if the TSX were to go down. (Analysts’ price target is $77.17)
N/A
How long will the bull market last? It will last until the mid-late 2020s. He thinks we are just having a correction. If you have cash right now, it is a great position for the next couple of months. There will be a 3-4 year up leg after that.
COMMENT
Market Outlook Back in October he suggested that an indicator he follows (Bear-o-meter) went to high risk mode. Now it moved to neutral almost close to bullish. We need other factors to enter into bullish territory. He needs three positive days to begin buying. Today is a good day as it is that third day. technical analysts are not market timers as some people believe but rather risk assessment people. We look for references that the market hit bottom. Smart money is starting to buy and retail money is panicking.
DON'T BUY
In a downtrend. We would look for a consolidation pattern establishing that it stops going down.
COMMENT
How does it compares to the Power Share QQQQ ETF (QQQ-Q)? Lots less Canadian technology compared to the US. Very concentrated in 4-5 names.
BUY
The Banks have broken the last low, but a lot of stocks have done so. He will forgive them that. They are pretty oversold. There is room to go up.
DON'T BUY
The stock has been trending down since 2017. He would like to see some consolidation. It has not started to show evidence of a complex bottom. (Analysts’ price target is $2.03)
COMMENT
Still in a long term uptrend. The stock has gotten to a higher high but not to a lower low. He would eliminate his Canadian Bank position if it gets to a new high as a trade as he is getting less confident on Canadian Banks from a fundamental point of view.