COMMENT

The question was on the state of the market. It measures a lot of things and he uses a Bear-O-Meter which has been in the neutral area. There has been a lot of good news but pay attention to the chart. It looks OK with the recent breakout. He gives a nod to the TSX over the next few years with a lot of commodities in it.

BUY

It was in a downtrend, then formed a base and breakout. Generally a breakout is a good thing but it can still pull back.

WAIT

It has had a choppy sideways market. It tried to break out but the strike issues haven't helped. Wait to buy at $150.

WAIT

It has been in an uptrend which looks a bit steep. If it pulls back to the trend line then buy.

WAIT

It is in their aggressive value platform with tight stops. It has broken down some more. He wants to see some confirmation but it is not there yet.

WAIT
A general comment was made: At the end of the day, price is all that matters, All the info in technical analysis is built into the price.

It has been in an uptrend and has pulled back. If the trend is confirmed then buy. .

Unspecified

Stocks go up and then consolidate. Uber has done that. It is not making new highs and not breaking down. If it doesn't break down then buy. If it breaks out that's good.

TOP PICK

This is not a conservative long term play and is in their aggressive platform. It has been in a pretty clear pattern. If it pulls back to $10  then buy and sell at the one of the higher points in the pattern. You could buy this in legs.       Buy 10  Hold 15  Sell 3

(Analysts’ price target is $13.39)
TOP PICK

It has a good mix of base metals and has been consolidating. He has owned for a while and it is good for the longer term. Hard assets should have their moment of glory compared to financial assets which have been enjoying their moment of glory. He thinks there is a rotation to commodities in the coming years.

TOP PICK

Oil stocks in Canada have been overlooked. There is a bit of a base going on and they are breaking out from that base. Eventually they will break out from the bottom. If you think oil stocks are going up this has been a bit of a laggard. They also own some oil producers including Suncor. It is a longer term holding.

BUY ON WEAKNESS

It can go much higher, but the homebuilders have run up a lot lately ahead of Powell's Jackson Hole speech last Friday when he announced rate cuts coming. Let this come down before buying.

WATCH

The homebuilders and related stock ran up a lot ahead of Jay Powell's Jackson Hole speech last Friday when he announced rate cuts coming. Let this come down before buying. He's watching this because of lower rates coming.

DON'T BUY

It has run up so much lately that's due for a pullback.

PARTIAL SELL

It's run up from previous lows. He took some profits, though the stiock could rise higher.

COMMENT

Shares are unloved at $31, though demand could spike when interest rate cuts start.