MARKETS, MONEY MANAGEMENT, STRATEGIES
President, Chief Portfolio Manager,
ValueTrend Wealth Management
- Founded ValueTrend Wealth Management
- Author of Sideways: Using the Power of Technical Analysis to Profit in Uncertain Times
- Frequent Contributor on BNN Bloomberg Television, Globe and Mail, Toronto Star, and Reuters
Keith Richards has been in the securities industry since 1990 and is a highly regarded member of the small, exclusive community of Chartered Market Technicians in Canada. As portfolio manager in his current practice, ValueTrend Wealth Management, he manages over $200 million and runs a discretionary investment service for high-net-worth clients. Mr. Richards' articles appear regularly in Investors Digest, The MONEYLETTER, and The Globe and Mail and the Toronto Star newspapers. His appearances on BNN Television have inspired producers to acknowledge him as "one of [our] most accurate technical analysts." Mr. Richards' first book, SmartBounce: 3 Action Steps to Portfolio Recovery, is available in bookstores and directly through his blog page www.smartbounce.ca. His new book, Sideways: Using the Power of Technical Analysis to Profit in Uncertain Times, is also available in bookstores.
Keith Richards, of Value Trend/Wealth Management, is a regular contributor of Investor's Digest of Canada; here, he reviews a trio of recent buys for those who want to start bargain hunting.
The bear may be ready to come out of hibernation, says Keith Richards of Investor’s Digest of Canada.
All securities go through four distinct phases. Each phase has distinctive characteristics, and, as such, should be traded differently. These phases are: basing, bull market, topping, and bear market. Interestingly, I have discovered through practical experience that these four phases exist over various timeframes. Thus, day traders can identify these phases on an intraday chart, and longer-term traders can identify the four phases over longer scales on weekly or even monthly charts. I focus on the identification of these phases over longer periods (weeks and months), but the concept of each phase remains the same for all timeframes. Only by recognizing which phase a security or broad market is in can you plan and execute a profitable trading strategy.
Over 32 years of managing money professionally have taught me a few lessons on how to successfully navigate a bear market. Taking my playbook from the 2001 and 2008 market crashes, I will present to MoneyShow participants the process I have successfully used in the past to limit your risk and keep your money safe during a bear market—then profit by identifying when its safe to go back into the water. As one of the few portfolio managers to have identified and prepared for the current bear market before it occurred, I will present my proven process to identify and trade during the three stages of a bear market. Bull. Bear. Bottom. Then bounce.
Many investors get caught in popular investment themes. They enthusiastically buy near the top, then fearfully sell near the bottom. Keith Richards will be sharing insight into using contrarian analysis tools designed to help you buy oversold markets and securities that have reached their capitulation stage. These same tools can help you avoid or sell an overbought market or security that has reached its euphoric stage. Taking key lessons from his new book Smart Money, Dumb Money, this seminar will assist you in incorporating contrarian analysis into a logical trading strategy.
With the stock market on its longest bull-run in history and a dizzying array of stocks to choose from, selecting winners is an almost Herculean task. This in-depth panel assembles a select group of North America's top stock pickers who will walk you through the various sectors of the market to help you identify great companies that can deliver solid income and growth-even when this bull market is getting long in the tooth. Each will give several picks-so bring your pencils to take notes on where to put your money to best use in 2022.
Join Keith Richards to learn how ValueTrend scans for potential breakout's along with the criteria we look for in a potential stock candidate. A rebounding company or sector can be a magnificent thing to take advantage of, but signs of continued weakness can punish the security further. For this reason, you need an approach that marries company fundamentals with technical analysis. Only technical analysis can offer clues to the actions of the crowd and uncover key signs of the smart money buying into the real opportunities. Mr. Richards will teach you to use technical analysis to determine if a stock is truly breaking out with upside potential. He will show you how to identify the upside price targets along with the downside stop-loss discipline necessary to ensure you reduce your risk while maximize your returns on breakout stocks. You'll enjoy his often-humorous approach as he discusses navigating the murky waters of the stock market.