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Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Mike Philbrick and Jon Vialoux commented about whether GIB.A.TO, ITB, IHI, PSA.TO, JETS, DJSINS, PUMP, CNR.TO, IPL.TO, V, CFW.TO, MAXR.TO, MRU.TO, CM.TO, AAPL, SAP.TO, PKI.TO, CHR.TO, EQL.TO, XAR, HEWJ, CCOR, TLV.TO, HTB.TO, XEC.TO, IYF, CCX.TO, XHY.TO, XSH.TO, XSU.TO, VGRO.TO, ZWC.TO, VCSH, OIH, MIND.TO, XEG.TO, ZEO.TO are stocks to buy or sell.
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TOP PICK
This is a way to manage rising volatility in the market. This invests in low volatility stocks -- mitigating risk to the downside.
Mike PhilbrickOwned
0
TOP PICK
This holds 50 value stocks (Starbucks, McDonalds, etc.) They sell calls to buy puts and is actively managed. It has protected its value very well.
Mike PhilbrickOwned
0
PAST TOP PICK
(A Top Pick Aug 31/18, Down 5%) This was an opportunity to diversify outside of North American markets. This has been an avoidance of concentration and downside exposure in North America.
Mike PhilbrickOwned
0
PAST TOP PICK
(A Top Pick Aug 31/18, Down 10%) A tailwind of spending is behind them, however, he feels a change is coming. This sector will suffer significantly if the market moves down. Be careful.
Mike PhilbrickOwned
E.T.F.'s
PAST TOP PICK
(A Top Pick Aug 31/18, Down 7%) This was a portfolio building decision to diversify away from the FANG impact on the overall S&P index. It has protected from the sell-off of the market. Facebook has corrected by 40%, for example.
Mike PhilbrickOwned
E.T.F.'s
COMMENT
He's embracing this volatility. He raised a lot of cash before the fall dip and bought aggressively. He even called for a drop in oil. Oil had plunged because of a supply glut. But we are now at a turning point. Supplies usually rise in mid-November, then decline to year's end. We should've seen stablility around $55, but we broke below that. Seasonal weakness usually ends around early-December.
COMMENT
Why is a 200-day moving average so important? Instead of looking at daily swings, investors can look at this. Long-term investors should look at the 200-day. Intermediate ones, the 50-day. Short-term ones, the 20-day. The markets have traded below the 200-day, which means upward resistance. If this stretches too far above or below means the price could mean-reverts, which spells opportunity, as in January 2018 when the average shot up, then suddenly corrected. Recently, we could be seeing a trend of lower-lows and -highs. Watch the 200-day closely, because if it doesn't break above that, we could see pain ahead.
COMMENT
Consumer staples are defensive, so it's outperformed the wider market. Seasonally, it shines Jan.16-June 14. Has had a mild, long-term trend of lower-lows and lower-highs, but momentum is now turning higher. Not a place for long-term capital appreciation. This is a first-half of the year story, really.
food processing
WATCH
Had a parabolic trend earlier this year, which means it's unsustainable--which is what happened this fall. It sold off after its latest product launches. Since then, it's seen a parabolic trend lower, which is also unsustainable. It should be forming a bottom soon. Seasonally, it's June 12-Sept.24. Q4 is good for tech stocks.
electricalelectronic
DON'T BUY
Now should be a good time for Canadian banks; it's not happening which is a little worrying. Seasonally, CIBC does well in the first-half of a year, Jan. 14 - Apr. 14. It's enjoyed higher highs and lows in recent years. CIBC has come down during it seasonal strength (before earnings) and has resisted its 200-day moving avergage. This is concerning for the long term. He doesn't know if next week's earnings will be a catalyst.
banks
COMMENT
Seasonally, it does well Jan. 7- May 21, outperforming the market. Since 2016, it's been in a trading range topping at $46, but there's no sign it will break above that soon--the same goes with all the grocers. This sector should pick up this time of year. These cyclicals are around the bottom now.
food stores
BUY
Seasonally: Dec.12-May 9, so typical strength is coming. But it's had a parabolic decline, far below its 200-day moving average. He expects that investors will sell between $25-35, because the stock fell so sharply recently and those investors didn't have a chance to sell. It's a buying opportunity now.
computer softwareprocessing
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