Keith Richards, president and chief portfolio manager, ValueTrend Wealth Management
Keith Richards, president and chief portfolio manager of ValueTrend Wealth Management, discusses his outlook for the markets.Major market indices recently hit new highs. Major moving averages are supporting these levels and are pointing higher. Momentum indicators are not overbought and are above their middle lines. Market breadth looks healthy, and sentiment indicators are not showing excessively optimistic investor behaviour.
Sure, one could argue that valuations are high at 30 times trailing price to earnings ratio . But if we look at the last three major market crashes , we will note that PE ratios got considerably higher before the damage began.Keith Richards' Top Picks: Arc resources, Global X Silver miners ETF and Berkshire Hathaway
Keith Richards, president and chief portfolio manager of ValueTrend Wealth Management, discusses his top picks: Arc resources, Global X Silver miners ETF and Berkshire HathawayKeith Richards' Past Picks: Ford Motor, BMO EW Glbl Base Metals ETF and VanEck Oil services ETF Keith Richards, president and chief portfolio manager of ValueTrend Wealth Management, discusses his past picks: Ford Motor, BMO EW Glbl Base Metals ETF and VanEck Oil services ETF.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Parent’s Top Picks for November 22, 2024Top picks from Jeff Parent, chief investment officer at Castlemoore
Read more »
David Burrows’ Top Picks for November 6, 2024Top picks from David Burrows, president and chief investment strategist, Barometer Capital Management
Read more »
Peter Hodson Top Picks for November 18, 2024Top picks from Peter Hodson, chief investment officer at i2i Capital Management
Read more »
Brian Madden’s Top Picks for October 30, 2024Top picks from Brian Madden, chief investment officer, First Avenue Investment Counsel
Read more »
Top dividend stock picks from a Scotiabank strategistDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »
Top picks in Canadian bank stocks from a BofA Securities analystDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »