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It is oversold, but there is no justice in the markets. It has been in a band since its troubles re-exerted themselves. Just because it is oversold is not a reason to go buying it. We need to break through the band we are in now and then will challenge the $40 range. The 407 is worth $28, which got sold recently. He would stick with it.

It dropped back recently but we got down to $9.33 and are almost at $11, a pretty good move off the bottom. The 200 day moving average is coming through here and the market likes that. His concern is that interest rates may rise again and this is the first place it would impact. If it breaks $10.52 then he knows there is something more happening in real estate and it is not just this one.

This has broken out to new highs. It has a nice little 6 months trend. $57.60 was a pretty significant level to break out of. If it gets back to that it will probably stay in the little band it had been in. All the stocks that are pulling this ETF are looking pretty good.

(A Top Pick Dec 18/18, Up 17%) He owned a lot in this sector and sold on strength. He would have no problem buying it if he did not have a healthcare stock. It is one of the few areas that are truly in a secular bull market.

(A Top Pick Dec 18/18, Up 11%) It is part of the pro-growth theme. If you think the Canadian dollar is going to get stronger you may want to hedge. This is a hedged product. You could buy this today for emerging market exposure.

(A Top Pick Dec 18/18, Up 14%) It has one of the best balance sheets out there compared to other base metal stocks. Tech bottomed much before the general market bottomed. It is still pretty volatile, but because of the balance sheet and how it is positioned, it does not look like most other base metals. This is a good one to buy today if you don’t have base metals.

We have a trend of lower highs. We have some resistance. We have to get through $80, $85 and then $88. If it broke below $73 then there is a good chance you would re-visit the $61 low. It is a pretty good risk/reward, although he does not know what the catalyst will be for growth.

It has been bouncing along here. People like predictability. About $48.60 is where people found interest. We are at another level where we will find interest, and we will probably find resistance at $54. It will ride that line. Pipelines have acted well during this time.

Where is Oil going? He had $54 as the line in the sand. We are well above it. Until it got through that, it was just a bounce. The next level is around $70. The producers often lead the commodity to the upside AND the downside. The producers know something about the direction of the commodity.

There were some short term indicators for selling that came on, so he is looking for a pause here. There is no resistance until $44.

The biggest influence on gold is going to be the US$. Gold rolled over to about the $1290 range. You should get a bit of a spike back up. There tends to be a bump down in gold in May. We had a pretty big down move in the last couple of weeks. We are oversold on some indicators. It could stay down here for a bit as it did for all of 2017. It is back into the loop now and we just started to see some outperformance to the TSX.

There is some downside pressure on HMMJ-T. At the $14 or $17 range there is resistance. Who knows what the effect would be if the government changes in October. [Caller asked about TLRY] He sees $34 as a target on TLRY-T as there is nothing to hold it higher.

There is some downside pressure on HMMJ-T. At the $14 or $17 range there is resistance. Who knows what the effect would be if the government changes in October. [Caller asked about TLRY] He sees $34 as a target on TLRY-T as there is nothing to hold it higher.

Technically, the new low at 8 cents does not offer anything meaningful. He would look at tax loss selling. Take the tax loss and move on.

It has been beaten up strongly. It is a timely pick because we are right in the seasonality. $6.40 is the next place it will have pause. It is an Alberta-only oil and gas production company. 2018 results were fantastic. (Analysts’ price target is $7.95)