Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
December 21, 2018
Was following an uptrend, went parabolic, and then fell right out of bed and has continued its waterfall decline. It's like a lot of other stocks, but more of an aggressive breakdown. To him, he has less confidence in an immediate turnaround. He'd like to see a base and for it to go sideways for a while. He's not interested now.
Bombardier Inc (B)(BBD.B-T)
December 21, 2018
Was following an uptrend, went parabolic, and then fell right out of bed and has continued its waterfall decline. It's like a lot of other stocks, but more of an aggressive breakdown. To him, he has less confidence in an immediate turnaround. He'd like to see a base and for it to go sideways for a while. He's not interested now.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$1.910
Owned
Unknown
HOLD
HOLD
December 21, 2018
It's OK, as it hasn't had a giant breakdown. Closer-term support levels are holding. So far, so good. It's acting better than the market.
Cisco(CSCO-Q)
December 21, 2018
It's OK, as it hasn't had a giant breakdown. Closer-term support levels are holding. So far, so good. It's acting better than the market.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$41.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 21, 2018
(A Top Pick Sep 26/18, Down 16%) This is his third shot at this trade. There was a pretty sweet trading range. But now it's broken down. He's looking for an oversold bounce, and then they'll decide if it can break back above or if they need to ditch it. New investors may want to wait.
(A Top Pick Sep 26/18, Down 16%) This is his third shot at this trade. There was a pretty sweet trading range. But now it's broken down. He's looking for an oversold bounce, and then they'll decide if it can break back above or if they need to ditch it. New investors may want to wait.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$44.510
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 21, 2018
(A Top Pick Sep 26/18, Up 4%) A defensive trade. Hasn't been bad, pulled back in past week. Stock has a decent chance of getting back. He's OK to hold this, it has a yield, reasonably sideways pattern, not a ton of downside from here.
BCE Inc.(BCE-T)
December 21, 2018
(A Top Pick Sep 26/18, Up 4%) A defensive trade. Hasn't been bad, pulled back in past week. Stock has a decent chance of getting back. He's OK to hold this, it has a yield, reasonably sideways pattern, not a ton of downside from here.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$54.300
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 21, 2018
(A Top Pick Sep 26/18, Down 20%) Bought it as an oversold candidate. It's broken down like other stocks. "Old support becomes new resistance," so when stock returns, people start selling.
Manulife Financial(MFC-T)
December 21, 2018
(A Top Pick Sep 26/18, Down 20%) Bought it as an oversold candidate. It's broken down like other stocks. "Old support becomes new resistance," so when stock returns, people start selling.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$18.620
Owned
Yes
WAIT
WAIT
December 21, 2018
Loves range-bound stocks, because they're so easy to trade. He was going to buy this, but didn't because it broke down early. Fundamentally, he likes it. $160-130 would be a target for the downside, and could bounce off that. If you already own, you're already 3/4 of the way through the damage.
Goldman Sachs(GS-N)
December 21, 2018
Loves range-bound stocks, because they're so easy to trade. He was going to buy this, but didn't because it broke down early. Fundamentally, he likes it. $160-130 would be a target for the downside, and could bounce off that. If you already own, you're already 3/4 of the way through the damage.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$160.050
Owned
No
WATCH
WATCH
December 21, 2018
All the US major banks look the same. Chart is better than Goldman Sachs. It's broken, but is it flat-out broken? It's not been annihilated. In short-term, it will probably bounce up, but if we're in a bear market, it will go down with everything else. If there's a bounce, the banks will be the leaders. The next week will be key.
JP Morgan Chase & Co(JPM-N)
December 21, 2018
All the US major banks look the same. Chart is better than Goldman Sachs. It's broken, but is it flat-out broken? It's not been annihilated. In short-term, it will probably bounce up, but if we're in a bear market, it will go down with everything else. If there's a bounce, the banks will be the leaders. The next week will be key.
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$94.170
Owned
Unknown