Latest Stock Buy or Sell?
Make More Informed Decisions!

Today, Hap (Robert) Sneddon FCSI commented about whether GIB.A-T, TECK.B-T, BBD.B-T, VET-T, INTC-Q, AR-T, CHR-T, HDI-T, TV-T, ACB-T, JPM-N, SHOP-T, XBM-T, HR.UN-T, BCE-T, NTR-T, ENB-T, CM-T, T-N, ALA-T, CNR-T are stocks to buy or sell.

N/A
A Comment -- General Comments From an Expert
Market. Since we got super oversold back on Christmas Eve, we bounced up. Base metals look good; energy, base metals and technology look really good. Around the 24th we saw a further rollover of the US$. It will support emerging markets amongst others. We should move ahead strongly at the end of January. The base metals move inverse to the US$ so as it is breaking down, we expect base metals to go up. He expects a multi-year bear market in the US$. The 10-year US note is falling with the price of oil. These yields should now continue higher.
Unknown
BUY
He just bought CP-T in the last couple of days. There is a little up-tick after Dec 24th. He would buy it now. If it breaks below the $90 range then it may come down further. The risk/reward is pretty low. He would pick it up now
Transportation
BUY
Altagas Ltd
As it declined he would not go long. It would be a case of getting out quick enough. It is trying to base now, since Dec 24th. It needs to get above the $16-17 range. They reduced their dividend, which the market expected. He uses a drip on this.
oil / gas
DON'T BUY
A T & T US
A base has not formed yet. It has a pretty significant downtrend. It will have a lot of resistance between $32-33 and until it chews threw that you will probably not get a base.
Telecommunications
WATCH
The banks did not have their strong seasonal period recently and he reduced his holdings to just BMO-T. We are at a magic level here. It is banging into resistance right now. If we get above $105 it will be clear sailing to $110. BMO-T or TD-T are the best banks and CM-T is pretty good. We should have a second period of seasonality starting near the end of January until April.
banks
WATCH
Enbridge
It came back and tested the $40 range. We are trying to get above $45 and we are stuck at resistance. He put in a stop around $44. It will probably drift sideways until the $48 range. He would look to buy at $40 if it pulled back.
oil / gas pipelines
WATCH
Nutrien Ltd.
It dropped off and came back to $66. The downtrend is probably broken. It will probably go sideways until it breaks through $66 and then go further.
agriculture
N/A
US$. The billions of repatriation dollars are probably ending? There was a bit rush of money coming back in so we could start to see a fall in the US$ rate. The Canadian dollar has rebounded since Christmas. We will run into resistance around $0.76. You will probably see a continuation of the strength in the Canadian dollar. Resistance would be at $0.80.
Unknown
HOLD
BCE Inc.
Don’t worry that it is not participating. It will be impacted by rates and a rush to safety. If it was bought recently it has declined a little bit. It is a little over extended. It will probably stick in the current range. BCE-T will be impacted by rates. $51 - $67 will be the range it is stuck in.
telephone utilities
BUY
All their real estate is operated reasonably. Commercial is holding up a bit better than residential. It had a nice little run while people got nervous with markets. The October drop might have scared some investors. Hold this one for income.
property mngmnt / investment
WEAK BUY
Utilities vs. Telcos. Which Sector? He would look at a basket of them. XUT-T is a utility ETF. For Telcos he would get a basket directly because of the ETF's volume. In case rates go much higher he would not get a large position.
Unknown
PAST TOP PICK
(A Top Pick Feb 16/18, Down 23%) The biggest drop was the summer through to today when we normally have an uptick. It will probably have a pretty big catch up. A year out investors will be quite happy they stuck with it.
E.T.F.'s
PAST TOP PICK
Shopify Inc.
(A Top Pick Feb 16/18, Up 13%) There have been some pretty big swings. It is only a matter of time before it breaks out of the trend and moves further up.
0
PAST TOP PICK
(A Top Pick Feb 16/18, Down 11%) It's going to have some resistance about $100. He thinks it is a quality bank and soon we should see a challenge of the previous high at $120.
Financial Services
WATCH
Aurora Cannabis
Another sector where people are not sure what to make of it. A bunch of people were laid off in New Brunswick because they could not get supply. From a technical basis, where it is is very significant. He would expect a bounce here. If we get through $8 it would look like $10 and then $12.
0