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Today, Jeff Parent B. Eng. FCSI CIM commented about whether BHC-N, WEF-T, CJ-T, CPG-T, MFC-T, CM-T, FXI-US, PLI-T, MG-T, CFP-T, OKTA-Q, NANO-U, DOL-T, CECO-Q, SOLO-N, EXPD-N, TTMI-T are stocks to buy or sell.

COMMENT
Market Outlook. A five year chart of the S&P500 shows almost an uninterrupted rally into 2018. A triple top is being made against previous highs of last September has some analysts concerned. The last time we tested these highs we followed with big declines. He expects we will make new fresh highs before the summer begins, which could lead to another bullish phase. A break below 2700 is worrisome.
Unknown
TOP PICK
TTM Technologies
A cup-and-handle formation that is looking for another break out. He would sell this on a move below $11.00 and targets a move to $14.50. Yield 0%. (Analysts’ price target is $16.00)
Technology
TOP PICK
The stock is breaking into new bullish new bullish levels above $75 will now target $85. He would put a stop-loss at $70. Yield 1.15% (Analysts’ price target is $73.85)
Technology
TOP PICK
Electrameccanica
This company makes three-wheel electric vehicles. A rapid rally above $4 from under $2 came from nothing more than recognition about the company. It carries a lot of risk. His stop-loss is $2.70. He does not own it yet. Yield 0%.
Automotive
PAST TOP PICK
(A Top Pick May 31/18, Up 11%) He should have sold this earlier and he is back close to his entry point. His stop-loss if $15.60. He thinks a break towards $18-$20 is possible.
other services
PAST TOP PICK
Dollarama Inc.
(A Top Pick May 31/18, Down 23%) He sold it out at a loss during the free-fall from $50 towards $40. He was happy to have a stop-loss.
Consumer Products
PAST TOP PICK
Nanometrics
(A Top Pick May 31/18, Down 25%) He took a loss in July at a slight loss. He was happy to have a stop-loss. He would now look elsewhere.
0
BUY
Okta, Inc.
A software company with good trading volumes. It is trading at new highs and has a solid base at $74.
Technology
WAIT
Canfor Corp
This industry is tempting as it appears to be setting a bottom. It still looks like it is still heading lower. He needs to see a move above $16.50 before he would be interested.
west coast forestry
DON'T BUY
Magna Int'l. (A)
In a trading zone. A dividend grower. He would not be a buyer right now as it is lacking any trending action. It needs to move above $73 until he would be interested.
Automotive
DON'T BUY
The recent significant fall of 22% last week, would not be a signal to buy. He would stay away.
biotechnology / pharmaceutical
DON'T BUY
Anyone buying this recently has been making money and may be looking to take profit near $47. He expects strong headwinds ahead. He would trade it with a $43 stop-loss level.
0
HOLD
This has been disappointing for the past couple of years, but the dividend yield of 5% is good. He would not worry about holding this. His stop-loss would be $100.
banks
HOLD
Manulife Financial
Short sellers? This has been a heart breaker through is career. One of Canada's largest companies and a bell weather for financials. He would buy it for the dividend and diversification away from the banks. It is unlikely to trade back to $30 soon. He would see $20 as key support.
insurance
HOLD
He bought in back in February around $4.
oil / gas