COMMENT
He feels the S&P is at fair value and has another 30% of upside. He feels the Canadian dollar has more weakness to come. He expects the Republicans to win more seats in the House during the Mid-Terms, which would cause a substantial rally in the US markets. October has always been a seasonally weak month, so he expects a quick rebound in markets. Autos, consumer discretionary and other sectors have been recently decimated and are great value if the market is able to side step a major recession in 2019. He believes President Trump is correct in going after China as it pertains to the massive trade surplus with the US.
BUY
He likes this stock and sees upside to $54.77. It is in his Top 5 of his fund. He thinks block chain is a good opportunity for this company.
DON'T BUY
He sees value up to $50.90. Any new toy can be hit or miss and he thinks they have had a few toys go their way, but it is expensive here.
RISKY

It is supposed to earn $10.46 per share next year, but the market is only projecting less than $2 per share. About 80% of their sales are into China. He worries about the potential trade war impacts. They have accused their Chinese partner on a project for stealing intellectual property. He would peck away at this, but sees $19 as a possible lower test point. They have a very small position in Micron.

COMMENT
He has long expected a crash in this space. Eventually the market will figure out which ones will survive. He still expects further downside in the space and his model price is only $3 per share since it has no current earnings.
RISKY
The semi-conductor space has come back a lot. He has a model price near $14. He thinks you can accumulate shares on any significant decline. He would recommend buying a little here and more at $18.30 – just not your full position yet.
DON'T BUY
He does not favour Canadian stocks right now, based on their high valuations. This is under pressure now for no single reason. He expects they are weak on growth prospects. He expects the stock could drop to $35.55 and $28.50 if the growth story is broken.
DON'T BUY
He sees nothing but pain and agrees with the dividend cut. He thinks the stock needs to fall further and thinks you have to wait to see where the dust settles. He thinks major write downs are still required.
DON'T BUY
He remains negative on the Canadian oil space. He has a model price of $51.14 and hopes this price level holds, but expects further downside that could reach towards $29.30. WCS is netting only $17 US per barrel.
WATCH
He would love to see it pull back to $250 to be a buyer. His model price is $89.66 so it is not without risk.
BUY ON WEAKNESS
They reported earnings yesterday. He thinks it is a great company and one should add at $39.73 to any holdings. He is not worried about the recent sell off in the entire tech space.
BUY ON WEAKNESS
His model price is $273.75. He would prefer to be a buyer near $209. He thinks there is better value elsewhere at the moment. (Analysts’ price target is $288)
SELL
He would not own this one. It pays out $2.76 in dividends and is earning $0.78 – not a good business strategy. The downside risk is $25 per share. This could become another CPG-T, especially with today’s price sell off. He would sell here. (Analysts’ price target is $53)
BUY
He sees this as a cyclical stock. His model price is $357.75. He would be a buyer here. The recent pull back is a good buying opportunity.
SELL
Stay away – he has been saying this for five years. He sees substantial asset write-downs coming. The balance sheet is not rock solid. They will continue to lose money this year and doubts their estimates for next year. A total disaster.