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Today, Brooke Thackray commented about whether WMT-N, HCRE-T, XLY-N, DOL-T, BABA-N, IPL-T, BLDP-T, QSR-T, TJX-N, SLV-N, HXE-T, GOOG-Q, NTR-T, KL-T, CM-T, F-N are stocks to buy or sell.

N/A
A Comment -- General Comments From an Expert
Market. The market is a little bit frothy right now so you expect a little bit of a pause. Then the Corona virus is taking a bit back. We are responding to the FED and the Corona virus. If the economy falters a little bit, the FED will come into the market and try to support it. Morgan Stanley is taking over E-Trade in a multibillion dollar deal in an all stock deal. This is not an opportunity to get in. Is there really going to be that much synergy? And we are at a market top. They are paying a lot for it. The fund he works with is fully invested. We are a couple of months away from where the market seasonally moves into a more unfavourable period. He thinks you need to be a little more defensive now. L-T is perhaps a little too defensive. It is too early for that one. Gold is just finishing its seasonal period of strength. The Corona virus is an unknown. There is a lot of optimism about its being contained at present. There is a greater risk that this is different than SARS.
Unknown
DON'T BUY
Ford Motor
The overall auto industry came back from 2009. It came roaring back and then slowly came down in the US. Global sales are the same. Investors don’t want to go into a mature industry that has to change. The industry is seasonally strong at this time but he would not be taking it on now.
Automotive
BUY ON WEAKNESS
The banks had a lack luster performance in the last quarters and analysts really cut their ratings on the banks, so it may be an opportunity to get back into them. He is looking at a breakout from the October peak. They are starting to bounce back again.
banks
DON'T BUY
Kirkland Lake Gold
We just finished seasonality on Gold. We had a rising trend line that broke in 2019. He is not sure that this is the opportunity even though we are in the period of seasonal strength.
precious metals
DON'T BUY
Nutrien Ltd.
It has performed very poorly. They underperformed recently but gave some strong guidance for this year. This is not the seasonal time for AG stocks. We broke down below a 2018 low. They are saying famers HAVE to apply fertilizer but he is not sold on that theory. There is nothing technically to say this is a place to buy it. It is still a downward trend.
agriculture
DON'T BUY
Alphabet Inc

There are always rumours about GOOG-Q acquiring TESLA. Don't buy GOOG-Q for this. Buy it for their expertise. There is a lot of money sloshing around in the market. There is nothing technically wrong with Google but he would not buy it because it is not seasonally strong.

Technology
PAST TOP PICK
(A Top Pick Jan 07/20, Down 10%) The seasonal period actually starts now. The energy sector has been killed again. It is showing some stability now. This downturn is the Corona virus. The lows are all getting higher.
E.T.F.'s
PAST TOP PICK
iShares Silver ETF
(A Top Pick Jan 07/20, Up 0.3%) Silver has been going down. But now we are seeing a bump positive. Unfortunately Silver is finished its seasonal strength.
E.T.F.'s
PAST TOP PICK
TJX Companies
(A Top Pick Jan 07/20, Up 4%) It has been on a tear. They get a lot of their product from companies going out of business. This has been a strong seasonal trade over the years.
clothing stores
BUY
We have seen a bit of a pullback but we are in the seasonal period for them. We are at a support level from a couple of years ago. They had a couple of operational issues on the Tim's side. He thinks it looks good from a technical perspective. Burger King is a well run company. (Analysts’ price target is $101.00)
food services
DON'T BUY

It has been ripping up. It is mirroring TSLA-Q. He can't explain why except that it might be speculation. This is a dangerous situation. It could all of a sudden collapse. We have to be very careful. If the market corrects, this could correct sharply.

misc industrial products
BUY
Inter Pipeline
They tend to do well in this time period. You have the yield and the energy play. We have higher lows taking place. It is consolidating right now. He thinks it looks quire favourable.
oil pipelines
DON'T BUY
The Corona virus will have caused some demand destruction. If you want to swing trade it, you pick it up at support and sell it higher. It may come down from support. He would be cautious. He would not be picking it up for the next swing trade up. The Corona virus might be bigger than we think.
0
DON'T BUY
Dollarama Inc.
They got their first bear from analysts. He would be interested in buying this for a long term hold. It got ahead of itself and then pulled back. The overall trend is down so it is not something he would be interested in. Set a stop point. The next layer of support is below this.
Consumer Products
TOP PICK
Consumers are still spending money. The unemployment rate is really low. The consumer discretionary sector has been responding positively. There is an ascending triangle from the beginning of 2019 to the end and then it ticked up further. The seasonality is not until April. You don’t want to see the jobless rate tick higher.
E.T.F.'s