crude oil-trouble
The price of crude is now at, or close to, $53.50. Crude has found support at $55.00 on two previous occasions; but not this time. From the chart point of view this is an unfavourable event.
My information
January 2008
Translation Services
January 10, 2007
January 08, 2007
Stocks for 2007 !
Our forte is undervalued stocks; we have one Canadian and one U.S. stock that are top picks for 2007.
On the Canadian side our top pick is Sun Life Financial ($47.75). This company is one of the old time blue chip stocks. Our rating number is a very desirable 0.79 and this stock is excessively undervalued.
On the U.S. side we have another blue chip life insurance stock; American International Group ($71.00) which has an even better rating at 0.75.
We have liked insurance stocks for several years and so has the market. The bottom line is that just about every parent in the world needs life insurance; there are billions of customers out there.
December 25, 2006
Ted Lindsay-the ultimate goon
Lindsay was interviewed in one of the Toronto papers on the weekend. He disapproves of the game today and says that the next step is for the players to wear skirts. Mr. Lindsay, if you and your fellow goons, in your prime, were to take on todays players you would lose by at least 10 goals; they would skate circles around you and Don Cherry. Todays players would make you and Cherry look like idiots. (Imagine Don Cherry trying to check Wayne Gretsky; it would be a joke!)
You and Cherry share Conn Smythe's philosophical view of how to play hockey. Mr. Smythe said; "if you can't beat 'em in the alley, you can't beat 'em on the ice." The trouble with this view is that both you and Cherry could easily beat up Wayne Gretsky in the alley; but when you got back on the ice you would pale beside him. The fundementals of hockey are skate, pass, and shoot; guys like you believe in violence all the time, and sometimes cruelty. The game is much faster and better today and many of us would appreciate it if you and Cherry would keep your mouth shut.
December 14, 2006
The trouble with Canadian stocks.
The trouble with Canadian stocks, for most investors, is that they are already up. Name almost any good stock and it is two or three times higher than it was a few years ago.
Our rating system is designed to find undervalued stocks; and especially those that are undervalued big time; most of these stocks, for some reason, have, so far, not gone up much.
There is more on this in our final Report for 2006. To get a free copy (no obligation) just email us at fraserratings@yahoo.ca
December 12, 2006
Did Flaherty ever talk to the Prime Minister ?
On Oct.31/06 Finance Minister Flaherty knocked $30 billion off the value of the income/energy trusts.
On Oct.25/o5 Mr Harper said:"The Government continues to overtax Canadians and run multi billion dollar surpluses, yet their first instinct is to attack an investment vehicle that can make the difference between bare survival and a dignified retirement for millions of Canadians."
Clearly these two have never met !
December 09, 2006
Energy Trusts--not a done deal
Finance Minister Flaherty is intransigent. But his proposals have to get approval from the House of Commons; and it is now becoming more likely that this will not happen. To us it is like trying to legislate that ducks can't swim; flawed proposals and flawed laws eventually fall apart. Prohibition wasn't going to work; neither is a four year grace period.
December 03, 2006
A Nation
Now that Quebec is a nation it won't be long before Native Canadians are a nation. And how about Cape Breton; and of course P.E.I.
And what about Anglo Canadians becoming a nation ?
The Liberal Convention
This observer watched on TV much of the activities in Montreal over the past two days. We gathered that what the Liberal delegates wanted to do was to choose the candidate that had the best chance to beat Harper in the coming election. Well, we think they chose the wrong man; Ignatieff would have been better.
Ia the system flawed ? The front runners were clearly Ignatieff and Rae; 1 and 2; but 3 and 4 got together and became 1; and 3 becomes the winner. Would it be better to have a final vote between 1 and 2 ?
November 30, 2006
Gold !
Going through $625 last week was a major upside technical breakout !
The chart expectation is for a move to $725 !
Our current Report shows the chart and our two undervalued gold stock picks.
To get the Report, free and no obligation, just send us an email:
fraserratings@yahoo.ca
November 29, 2006
Bank of Montreal
My family have a connection with BMO; my second uncle (like a second cousin) was a Vice President (advertising) of BMO a long time ago.
Today, the facts are that the dividend has just been raised to $2.60, and the yield at the low today was 3.81%; hard to ignore.
