Patrick Brik, BAS, CFA, CMT

Patrick Brik is a research analyst and editor at Lombardi Financial. His investment philosophy is based on merging fundamental and technical analysis in an effort to produce timely and actionable investment ideas.

Patrick has accumulated 18 years of trading experience, which include 13 years of private wealth management at Nesbitt Burns. Patrick is a graduate of York University’s business program and has recently attained both the CFA and CMT designations.

Get to Know Patrick…

What was your first investment?

My first investment was Loewen Group in 1998. I can’t recall exactly what drew me to buy that position other than it sitting at its 52-week low. After weeks of news circulating regarding a pending bankruptcy, I finally got out at a small loss. I decided I should pursue a more diligent route in my investing. It was at that point that I came across an article on the art of technical analysis and I was hooked.

What is it about technical analysis that is so intriguing to you?

I always wanted to know why certain stocks and sectors moved up or down in any given timeframe. Technical analysis explained the concepts of trends and how a price chart can give insight to ebbs and flows. Technical analysis simplifies investments into an orderly system that allows the framework to produce a profitable trading strategy.

What’s the most important advice you would offer to investors?

Always define your risk-and-return objectives prior to making an investment. A defined exit strategy is the cornerstone of a profitable investing strategy. Set your risk as a stop, thus eliminating any emotional biases that may present themselves if the position moves against you.

Patrick Brik's Articles

INTC Stock Earnings Preview Intel Corporation (NASDAQ:INTC) is expected to report its second-quarter (Q2) earnings after the closing bell today. Once a quarter, Intel management reports on the company’s earnings for the previous quarter. On a scheduled conference call, management outlines the company’s current state of affairs and…

Time to Panic on NFLX Stock? Netflix, Inc. (NASDAQ:NFLX) missed earnings expectations on Monday, July 19, 2016. As a result, NFLX stock is currently trading at $84.89 per share, down 14% on the day of its earnings report. Based on investors’ reaction to the news, it is fair…

AMD Stock Earnings Preview Advanced Micro Devices, Inc. (NASDAQ:AMD) is expected to report second-quarter earnings after market close on Friday. Like all publically listed companies, once a quarter, AMD stock’s management reports on the company’s earnings for the prior quarter. On a scheduled conference call, AMD management will…

EBAY Stock Earnings Preview eBay Inc (NASDAQ:EBAY) stock is expected to report its first-quarter earnings on July 20, 2016 after market close. Once a quarter, management reports earnings. On a scheduled conference call, EBAY stock management outlines the company’s current state of affairs and provides guidance regarding its…

AMZN Stock Defies Gravity—Rightfully So Amazon.com, Inc. (NASDAQ:AMZN) stock has recently achieved new all-time highs. Investors have achieved a 9.3% return year-to-date and shares are currently trading at $738.20 apiece. That’s a hefty price to pay for a single share, but Amazon stock’s share price alone is not…

Sonoco Products Co Is a Hidden Gem Sonoco Products Co (NYSE:SON) stock is up 28% year-to-date. Sonoco might not be a familiar name, but the products the company packages are. If you happen to indulge in pre-packaged foods, such as chips or cookies, and noticed they have a…

WIN Stock Has Sails Fiscal 2016 has been an excellent year for Windstream Holdings, Inc. (NASDAQ:WIN) stock investors, with year-to-date returns of 53%—a far cry from the 47% loss experienced in 2015. So, what is different this year for Windstream stock? Is management doing a better job at…

A Bottom for WDC Stock? Western Digital Corp (NASDAQ:WDC) stock has suffered a 68% decline in share price since peaking on December 19, 2014. I can go into 101 fundamental reasons why Western Digital stock has plummeted and why it could rise again, but that’s not my objective…

Don’t Bail on CSCO Stock? Cisco Systems, Inc. (NASDAQ:CSCO) stock is hitting new 52-week highs and has returned 12% year-to-date. That’s an impressive feat, given the ratings downgrades from Goldman Sachs in June and Bank of America/Merrill Lynch in April. Both downgrades cited lower growth as a reason.…

BCE Stock Offers Value and Growth BCE Inc. (NYSE:BCE, TSE:BCE) stock is up 28.12% year-to-date. If you are not familiar with that name, consider “Bell Canada,” which is basically synonymous to “telephone” north of the border. It only makes sense; after all, the company was named after the…

EA Stock: More Than Just a Game Electronic Arts Inc. (NASDAQ:EA) is my go-to franchise for sports games. Its titles offer game play and graphics that go above and beyond anything else. My first venture into the company’s sports game franchise was NHL 91. It cost me approximately…

AMAT Stock Is Back Applied Materials, Inc. (NASDAQ:AMAT) is the world leader in the production of semiconductor and display equipment. Applied Materials is the 800-pound gorilla in this industry. Given its size and stature, AMAT stock has not been able to match its 2000 tech bubble high and…

More Upside for ISRG Stock? What was once a figment of our imagination is now reality. The robotic era is fast approaching and our healthcare sector will benefit greatly. We no longer have to imagine the prospect of walking into a hospital and having a robot perform a…

ATVI Video Games No Longer Only for Children Activision Blizzard, Inc. (NASDAQ:ATVI) stock is a name synonymous with hours of endless video game entertainment. Growing up in the 80s, I can boast of playing on such consoles as the “Commodore 64,” “Atari 2600,” “Nintendo,” and “Sega.” I was…

ABMD Is a No-Brainer Over the last 52 weeks, shares of ABIOMED, Inc. (NASDAQ:ABMD) stock are up 69.57%, while the benchmark S&P 500 is up 2.36%. The more I delve into this company and its financials, the more I am enamored with its prospects going forward. It’s not…

Is AAPL Stock a Value Trap? Apple Inc. (NASDAQ:AAPL) is known as the media company darling that was transformed by the late Steve Jobs. His visionary thinking took the world by storm as the “iPod” led to the “iPhone” and the smartphone revolution. Like a phoenix rising from…

NKE Stock: an Advancing Wave has Begun Nike Inc (NYSE:NKE) might not seem like your average technology company and, under the most diligent scrutiny, it is not. The company is a retailer, known for its sports-inspired clothing and shoes. I would like to argue against this notion, however, because Nike…