Canadian stocks will outperform American ones this year, after being bearish Canadian for the past 10 years. The Dogs of the Dow theory says take the worst-performing stocks one year, but they perform better the next. The same goes with sectors, which were materials, oils and staples last year, and these are the TSX's heaviest sectors. Secondly, it's likely a new federal government this year will better support business, particularly the resource sector (oil). (Alberta oil production hit a record under Trudeau, notes BNN.) Thirdly, one report he read says that US PE valuations are twice as expensive as they normally are compared to Canadian ones. Fourth, the yield is higher than normal here than the US.
Banks in both the US and Canada look pretty good, though the US market is stronger. GS's chart has been in a strong uptrend since late 2023, though recent weakness sees it falling back to that trendline. Hope that it bounces off that and buy. You don't want to see the stock fall further down. See if it holds before buying.
Silver: he's bullish metals this year, and he's been holding Wheaton for a while. Silver broke out 12 months ago after basing the year before, and has been consolidating. Not bearish on silver at all, though it may be pausing for a while. Gold has broken out after a very long base, and this suggest multi-year upside. Gold has a different chart from silver. The greater the base, the greater the case. He's bullish gold for the next couple years.
He owns a large position and likes the pipelines. Don't fight the trend--the chart reflects a sharp uptrend. Over 10 years, the chart is approaching a high last seen 10 years ago, so that's resistance from a long time ago and those shareholders likely sold their positions already and won't sell now.