Brooke Thackray

Believes 2023 will be known as the year of the "Non-Recession". Not 100% confident on a soft landing, but strength appears to be in economy. Could be trouble in second half of year, but expecting moderate gains. Excess savings and Federal stimulus can only last so long, but currently economy is strong. Appears investors are anticipating interest rates cuts, as bond yields begin to fall. Disconnect between investor expectations and investors appears to be norm. 

Believes markets will rise in 2023 - good product to get exposure. Owns shares in own portfolio. Sees more momentum in US stocks than in Canada with Magnificent 7 tech stocks. Good option for long term investors.  

Good exposure to chemical stocks (70%) of portfolio. Metals and mining also a component. Expecting strength in commodities with strong economy. Material stocks tend to perform well in January-May as well. 

Exposure to car industry (old cars need repairs). Seasonality - performs well in January. Expecting further strength in stock. Cyclical stock, so expect volatility. 

Seasonal stock that will continue to own. Jan-May good time to own shares. Will continue to own. Recent pullback a good time to buy. 

Lower price point than similar products meant for retail investors. Recent pullback a good time to buy. Stronger US dollar tough on gold. Traditionally gold does well into the Chinese New Year.

Bank stocks had bottomed in Oct 23' which made for a good buy. Relief in interest rates good for bank stocks. Strong earnings also good for stock performance. Recent share pullback good time to buy. 

Seasonality component akin to home building sector. Not a good time from a seasonality perspective to own stock. Would wait to buy in the spring. Trading at 1x book value which is good. Would wait for further weakness in share price before buying. 

Banks have done well since Oct. Recent earnings gave given optimism to stocks. Recent pullback a good time to buy. Company not as strong as RBC, but has a large amount of cash. 

Macro perspective - company has competition from other providers. Retail numbers strong in US which is good for company. Recent strength a good sign for momentum investors. Outlook for company looks good. Would recommend buying. 

Tax efficient option for S&P 500 (no distributions), total returns in capital gains. No tax bill. 

Reduction in debt a good thing. Trading well off recent stock price highs - good place to take small position. Not a big fan of airline business. 

Stock performance a good sign for momentum investors. Resistance in share price appears to have ebbed. Would recommenced buying based on seasonal basis. 

Technical perspective - downward trend not a great sign. Expecting a bottom soon in stock price which would be a good place to buy. Energy prices will rise soon. 

Seasonality a factor in this stock - performs better in the summer. Large brand with excellent product selection. Expecting share price to go higher. Would recommend holding. $35 share price seems reasonable.