| TOP PICK | | Fording Canadian Coal Trust | FDG-N | 80.810 | Coal will be one of the alternative energy plays. Environmentalists are not very comfortable with it. Very good cash flow. Would buy the US stock and write an $85 Call for July and you should pick up about $3 on the Call. | 2008-07-02 | |
| TOP PICK | | Barrick Gold | ABX-T | 45.760 | Using gold as crisis insurance and the companies will probably hold their own. Would Buy the stock and use a $48.00 Call on it. | 2008-07-02 | |
| TOP PICK | | iUnits Real Return Bond E.T.F. | XRB-T | 20.740 | If you are looking for crisis insurance and concerned about inflation and need some defensive positions in your portfolio, this is an excellent one to have. Yield is based on an interest flow stream that is inflation plus an interest rate. | 2008-07-02 | |
| PAST TOP PICK | | iUnits S&P Financial | XFN-T | 43.830 | (A Top Pick July 11/07. Down 16%.) Financials have a ways to go before they tune around. 3.5% yield so you can continue to Hold. Believes in the financials, but it could be a while. | 2008-07-02 | |
| PAST TOP PICK | | Claymore Canadian Financial Monthly Income E.T.F. | FIE-T | 7.960 | (A Top Pick July 11/07. Down 19%.) Wanted a product that just delivered a consistent stream of income in a market that he thought was going to be range bound. Financials could rebound, but it could be a while. | 2008-07-02 | |
| PAST TOP PICK | | Big Bank Big Oil Split Corp. | BBO-T | 14.560 | (A Top Pick July 11/07. Down no change.) Basically a play on the Canadian market. Half oil companies and half banks. | 2008-07-02 | |
| Comment | | Bank of Montreal | BMO-T | 41.420 | Re: Bank of Montreal (BMO-T) and CIBC (CM-T). Doesn’t think the banks are going anywhere for the next 3 months. You could Buy them here although they have a ways before they really turn. In the meantime you will get a dividend. | 2008-07-02 | |
| Comment | | Canadian Imperial Bank of Commerce | CM-T | 55.320 | Re: Bank of Montreal (BMO-T) and CIBC (CM-T). Doesn’t think the banks are going anywhere for the next 3 months. You could Buy them here although they have a ways before they really turn. In the meantime you will get a dividend. | 2008-07-02 | |
| HOLD | | Power Financial Corp. (Pref.) | PWF.PR.A-T | 23.750 | Gives a decent yield. And you get a dividend tax credit. All of the financial preferreds are all down but the dividends are intact and he doesn’t think they are in jeopardy. | 2008-07-02 | |
| Comment | | Claymore International Fundamental E.T.F. | CIE-T | 16.260 | Partly Canadian taxed and partly international. A fundamental based weighted index versus a capitalization weighting. | 2008-07-02 | |
| Comment | | International Coal Group | ICO-N | 10.530 | Likes coal longer term. Would prefer Fording Coal (See Top Picks.). You are best doing a Covered Call, i.e. buying the stock and selling an option at or slightly in the money. | 2008-07-02 | |
| Comment | | Potash North Resource | PON-X | 2.600 | This one moves with the agricultural group. You can buy Claymore Global Agriculture E.T.F. (COW-T), which represents the agricultural group. Likes this group longer term. Thinks we are in early stages on this group and the industry has some very positive directions. | 2008-07-02 | |
| BUY | | iUnits S&P/TSE Energy E.T.F. | XEG-T | 108.060 | This is a good energy index. Invests in a basket of oil and gas companies. | 2008-07-02 | |
| DON'T BUY | | Wachovia Corp | WB-N | 15.380 | Caller is asking about laddering in on this bank. This is in the financial sector and is one of the US banks that has a huge balance sheet with a lot of bad debt on it. At this stage, he would ladder into some Canadian banks instead. You could pick Toronto Dominion (TD-T), Royal (RY-T), Bank of Nova Scotia (BNS-T) or Bank of Montreal (BMO-T), all 4 of them ora any one of them or the iUnits S&P Financial (XFN-T). (See Past Top Picks,) | 2008-07-02 | |
| HOLD | | Royal Bank | RY-T | 48.830 | Very good dividend. One of the best banks. He likes the banks and thinks most of the bad news is out of them. | 2008-04-21 | |
| BUY | | HBP Financials Bull+ E.T.F. | HFU-T | 15.030 | This is the bullish strategy ETF on the banking sector. He likes the banks and thinks most of the bad news is out of them. | 2008-04-21 | |
| BUY | | Allbanc Split Corp. II | ALB-T | 9.500 | Kind of a complex product. Basket of 5 Canadian banks. They split the shares in 2 and provide a dividend. Basically a preferred share with about a 6% dividend yield. The capital share gives you a leveraged play on the banks plus any increase in the dividends that the banks will pay over time. Not sure that Canadian banks will do much in the way of increasing dividends over the next year but if you like the banks (he does) he would go from the capital shares to give you the capital gain. | 2008-04-21 | |
| Comment | | BetaPro S&P/TSX 60 Bear E.T.F. | HXD-T | 17.710 | This is the Bear ETF. It goes up about twice the percentage rate that the TSX would go down. Essentially, you are shorting the market. | 2008-04-21 | |
| Comment | | BetaPro S&P/TSX 60 Bull E.T.F. | HXU-T | 32.270 | This is the Bull ETF. It goes up about twice the percentage rate that the TSX would go up. | 2008-04-21 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Q: Do you Buy a stock and simultaneously Sell a Call option? A: If you are planning on selling a call option on the stock, this is the way he would do it. On the other hand if you are kind of bullish on a stock, and you want to enter a position and hope it rallies a little bit and then sell a Call, that's a different strategy but it works very well too. | 2008-04-21 | |
| DON'T BUY | | Global Banks Premium Income | GBP.UN-T | 7.670 | 27 European banks. His choice would be Canadian banks. He is not a big fan of European banks. He doesn't like the outlook for Europe or the US. | 2008-04-21 | |
| TOP PICK | | Barrick Gold | ABX-T | 43.250 | Covered Call Write. This strategy involves buying Barrick at the current price and selling June 46 calls at $1.75. Basically he thinks Barrick will be range bound. The option premiums on gold stocks historically are very attractive if you are in option writing. | 2008-04-21 | |
| TOP PICK | | HBP Nymex Oil Bear + ETF | HOD-T | 11.080 | Thinks the price of oil is going to come down so is effectively a short on oil. It will go up twice what oil will go down. | 2008-04-21 | |
| TOP PICK | | Agrium (US) | AGU-N | 92.150 | Sell July 90 Puts at $10US. Used the US Puts as he likes the US dollar. One of the things that the US is going to have to do is not have any more interest rate cuts. The US$ will have to strengthen if they want to shave inflation off. | 2008-04-21 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Q: Buying Leaps as opposed to buying stock. A: Not a bad strategy at all. A Leap is just a long-term option, so what you are doing is buying longer-term options and selling shorter-term options against it. | 2008-04-21 | |
| VAGUE | | HBP Global Gold Bear+ E.T.F. | HGD-T | 14.820 | If you like gold... Getting 2 times leverage as gold price decreases. Gold is a play on the U.S dollar. Makes money if the price of gold stock goes down. | 2007-10-19 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | People are more optimistic than pessimistic which from a sentiment perspective makes markets go up. Adding to a short position and betting against the long term views of the market is a very risky strategy, but can make you rich. | 2007-10-19 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | With bonds, there’s a good chance interest rates may go lower, because there’s such a demand for yield. The reason the sub-prime market did what it did. 2 real simple bond ETF indexes that trade on the TSX: XBB (broad composite of all bonds in the Scotia Bank universal bonds) and XSB (short term bond index) | 2007-10-19 | |
| WATCH | | Claymore BNY BRIC ETF | EEB-A | 51.230 | Brazil, Russia, India, China EFT. Very explosive emerging markets, going to be a very volatile experience going forward. Have had a very big run. Not sure would buy right now. Like to see us get through the turmoil were going through right now. Wouldn’t be anymore then 10-15% of portfolio. | 2007-10-19 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | When comparing bonds, the one metric that brings all factors together in the bond world is: yield to maturity. From the options perspective: implied volatility, is equivalent. | 2007-10-19 | |
| BUY | | iUnits S&P Financial | XFN-T | 43.450 | (Straight up EFT on financial) Take a shot at it right now. Yield is very good, about 2.5%. This is the area that will really lead the market. As good a time as any | 2007-10-19 | |
| TOP PICK | | Nasdaq Stock Market | NDAQ-Q | 40.000 | (NASDAQ Covered Call Write) Your selling an option that expires in 2 months. The option is a straight price of $40. 8.1% yield. If stock moves, you will only receive your $40. | 2007-10-19 | |
| TOP PICK | | Bank of Montreal | BMO-T | 60.730 | (Long Term Covered Call) For someone seeking income. Get 5 dividend payments between now and 2009. Overall return is better than 16% (assuming BMO doesn’t move). You could go down by $5 per share and still break even, while getting a 7% payout. | 2007-10-19 | |
| TOP PICK | | Vanguard Emerging ETF | VWO-A | 106.590 | (Vanguard Emerging ETF) Cheap way to play the emerging market. No currency hedge. Very volatile. | 2007-10-19 | |
| VAGUE | | ProSh UltShr S&P500 E.T.F. | SDS-A | 52.670 | (Shorting the S&P 500) The ultra short. Double short on the S&P 500. If you think the U.S market is in jeopardy for the next month or 2 take a shot. | 2007-10-19 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Using “Puts”. Insurance is always expensive. If you’re concerned about the market the insurance will be more expensive. Use index options if your going to do it, cheaper then “puts” on individual stocks. | 2007-10-19 | |
| TOP PICK | | BetaPro S&P/TSX 60 Bear E.T.F. | HXD-T | 21.370 | Feels the market is going to retest its lows before there is any sustained move to the upside. For a short-term trade today this will give you twice the exposure to the down side on the TSX60. (Sell it when you retest the lows.) | 2007-08-24 | |
| TOP PICK | | Goldman Sachs | GS-N | 179.730 | (Using this as an example.) He suggests writing bullish PUT spreads. Sells a $190 PUT obligates him to buy the stock at this price until Jan/08. Buys a $160 PUT in case he is wrong and the stock collapses and this gives him limited risk on the downside. | 2007-08-24 | |
| TOP PICK | | HBP Financials Bull+ E.T.F. | HFU-T | 19.400 | Basically, you are buying financial service stocks, which will give you twice the exposure to the upside of those particular stocks. If he is right about the market retesting its lows, he would want to be exposed to the financials. The financials will lead us out of this. | 2007-08-24 | |
| PAST TOP PICK | | Barclays Adv S&P/TSX | BAI.UN-T | 13.150 | (A Top Pick Aug 30/06. Down 18.2%.) This is a basket of income trusts. Favourable tax treatment with distributions treated as capital gains. | 2007-08-24 | |
| PAST TOP PICK | | CASH | CASH | 39.700 | (A Top Pick Aug 30/06.) This was a recommendation until you got through September/October. | 2007-08-24 | |
| PAST TOP PICK | | PowerShares USX China E.T.F. | PGJ-A | 26.380 | (A Top Pick Aug 30/06. Up 57.8%.) China has been and continues to be a great growth story. | 2007-08-24 | |
| BUY | | iUnits Dividend E.T.F. | XDV-T | 23.240 | Have 20 high dividend paying stocks, with a fairly heavy weighting in banks. Came off because the banking sector fall off and was a good opportunity to buy. He still likes this. | 2007-08-24 | |
| Comment | | Claymore S&P/TSX Preferred E.T.F. | CPD-T | 19.000 | An index that represents a basket of preferred shares. You won't get the growth potential that you would with common shares. Similar to a bond but higher risk. Gives you a dividend tax credit. | 2007-08-24 | |
| DON'T BUY | | Claymore S&P Global Water E.T.F. | CWW-T | 19.090 | Buys companies that are involved with either delivery of water or infrastructure to deliver it. A global product and about 30% is US. Not sure you are getting pure plays on water. May take a long time. Would prefer just buying Canadian companies. | 2007-08-24 | |
| Comment | | Commerce Split Corp | XCM-T | 7.390 | CIBC shares. One side gives you a preferred share with a higher yield than a typical CIBC preferred. The capitals share side participates in the growth. Likes CIBC (CM-T) and their capital growth. | 2007-08-24 | |
| Comment | | iUnits Gold S&P/TSX E.T.F. | XGD-T | 65.980 | Never been a gold fan. Doesn't think gold is a great long-term investment. However, if you own this product, the options on it are quite attractive. If you own, he would write call options against it. | 2007-08-24 | |
| DON'T BUY | | SPDR BRIC 40 E.T.F. | BIK-A | 25.250 | India and China have great growth prospects. Russia has phenomenal potential if they can clean up their act. Brazil has too many internal problems. Since this is a growth ETF, designed to participate in the emerging economies, he would buy India and China and play it that way. (China = PGJ-A) (India =??) | 2007-08-24 | |
| BUY | | iUnits Short Bond Index E.T.F. | XSB-T | 28.000 | This on bonds up to 5 years to maturity. If you are concerned that the sub prime mortgage mess will continue to expand, this is a great place to be. Not sure the sub prime is going to extend that much into the market. | 2007-08-24 | |
| DON'T BUY | | ProSh Ultrashort QQQ E.T.F. | QID-A | 43.510 | A double short on the NASDAQ. It performs twice what the NASDAQ would do on the down side. Doesn't think the NASDAQ is going down. | 2007-07-11 | |
| TOP PICK | | iUnits S&P Financial | XFN-T | 54.450 | 40% is in the financial services. Have been hurt quite a bit recently because interest rates are moving up. Expect it will outperform the Canadian market over the next six months. | 2007-07-11 | |
| BUY | | iUnits Cnd Bond Market. E.T.F. | XBB-T | 27.970 | This is the broad bond index. Has had a very significant sell off because of a perception of higher interest rates. He doesn't feel interest rates are going higher, so it's not a bad time to look at this. | 2007-07-11 | |
| TOP PICK | | Claymore Canadian Financial Monthly Income E.T.F. | FIE-T | 10.570 | Pays about 4% dividend. You get the benefit of a group of stocks that has typically increased their dividends on a fairly regular basis. | 2007-07-11 | |
| Comment | | PowerShare Dynamic Healthcare E.T.F. | PTH-A | 29.040 | Demographics are very solidly behind the health-care sector and you would think it should do extremely well over the next 20 - 30 years. Healthcare sector is susceptible to significant litigation. | 2007-07-11 | |
| TOP PICK | | Big Bank Big Oil Split Corp. | BBO-T | 15.500 | Distribution is around 4%. You also get any dividend increases that go along with this. | 2007-07-11 | |
| DON'T BUY | | streetTracks Gold E.T.F. | GLD-N | 65.440 | ETF on gold bullion. He is not a big believer in gold. If you think gold is going to $1000, this is a great way to play it. | 2007-07-11 | |
| DON'T BUY | | ProShareUltraShort RealEstate E.T.F. | SRS-A | 91.170 | If you are buying into this product, you have to believe that the US real estate market is not finished its downturn. He feels the worst of it is over. | 2007-07-11 | |
| Comment | | iUnits Short Bond Index E.T.F. | XSB-T | 27.690 | He doesn't think interest rates are going much higher. This particular fund has already had its pound of flesh taken out of it. Can’t see any significant risk here. | 2007-07-11 | |
| Comment | | PowerShare DB Agriculture E.T.F. | DBA-A | 27.180 | ETF with equal weightings of corn, soybeans, wheat and sugar futures. Not overly enthused about this one. | 2007-07-11 | |
| TOP PICK | | Barrick Gold | ABX-T | 33.280 | His strategy is to buy the stock and sell an Oct $34 call option. The option in Oct is worth $2.15. Buying the stock at $33.20, he writes the $34 call option, he gets $2.15 immediately (taxed as a capital gain). This reduces his cost base. | 2007-05-10 | |
| TOP PICK | | Gateway Fund | GATEX-Q | 0.001 | (Not listed under the TSX.) A US Covered Call writing mutual fund. Very good history. | 2007-05-10 | |
| TOP PICK | | SPDR China E.T.F. | GXC-A | 57.130 | Index of publicly traded companies that trade in China. Relatively new and it's an interesting basket. Likes China. Interesting growth prospects. Long-term story and very volatile. | 2007-05-10 | |
| BUY | | Claymore S&P/TSX Preferred E.T.F. | CPD-T | 19.950 | A basket of preferred shares. Income type of product. Yield is about 4.8. Slipped lately, as about 10% is BCE preferred shares. Very good product. Will act like a bond. Good entry point. | 2007-05-10 | |
| BUY | | iShares S&P Europe 350 E.T.F. | IEV-N | 113.780 | This is a play on Europe. Thinks there will be interesting changes going through in France. The issue here will be what you think of the Cdn$. His view is that it's probably near the top end of its range. | 2007-05-10 | |
| PAST TOP PICK | | NASDAQ 100 Trust | QQQQ-Q | 46.190 | (A Top Pick May 18/06. Up 53%.) A straddle. | 2007-05-10 | |
| PAST TOP PICK | | Royal Bank | RY-T | 58.720 | (A Top Pick May 18/06. Up 26.7%.) A well-run bank. Well-managed. | 2007-05-10 | |
| BUY | | Diversified Preferred Share Trust | DPS.UN-T | 22.900 | If you are using a basket of preferred shares for an income, this is a great way to do it. Likes the tax advantage of them. The yield is in line with the yield on 10-year bonds. | 2007-05-10 | |
| PAST TOP PICK | | iUnits Dividend E.T.F. | XDV-T | 23.930 | (A Top Pick May 18/06. Up 17.9%.) A package of common shares that pay dividends. A good dividend paying fund and low cost to manage it. | 2007-05-10 | |
| Comment | | BCE Inc. | BCE-T | 37.360 | Doesn't think there's a lot of downside risk. Not sure he would pay up to buy a put option to hedge the position. The options on BCE are more expensive than they used to be. He would write a call option for $40. | 2007-05-10 | |
| BUY | | iShares MSCI EAFE Value E.T.F. | EFV-N | 76.390 | Moderate risk ETF of blue-chip, dividend stocks. Europe, Australia, Asia and the Far East. Has a value bent to it. Very conservative basket of securities. | 2007-05-10 | |
| BUY | | Claymore BRIC E.T.F. | CBQ-T | 27.600 | Basically a Latin America exposure. If you like the outlook for Latin America, this is one of the major components of it. If you wanted to play Latin America a little more conservatively, you could buy Bank of Nova Scotia (BNS-T). | 2007-05-10 | |
| Comment | | Wal-Mart Stores Inc. | WMT-N | 47.750 | If he liked the outlook for this company and retail in general, options are not terribly expensive. He would tend to buy a $50 Strike or higher. | 2007-05-10 | |
| Comment | | Claymore S&P/TSX Preferred E.T.F. | CPD-T | 19.970 | ETF basket of preferred shares. Basically trades on interest rates with an average 4.5% dividend. You might consider iShares DJ (XDV-T) which have both preferred and common shares. | 2007-04-26 | |
| BUY | | iUnits Dividend E.T.F. | XDV-T | 23.730 | ETF basket of shares weighted more to common than preferred. Gives you both dividends and growth. | 2007-04-26 | |
| BUY | | iShares FTSE/China 25 | FXI-N | 109.180 | And ETF on 25 leading companies in China. Also have options on it. Has had a tremendous run. If you believe growth prospects in China are strong, it's a good place to play. | 2007-04-26 | |
| DON'T BUY | | iUnits Gold S&P/TSX E.T.F. | XGD-T | 74.530 | A basket of gold-mining companies and can be volatile. For playing gold, you are better off with a manager who can actively trade gold companies. | 2007-04-26 | |
| Comment | | iShares Dow Jones Technology E.T.F. | IYW-N | 57.180 | Some pretty strong earnings coming out of the technology sector this week. If you believe in technology, this is not a bad place to be. | 2007-04-26 | |
| DON'T BUY | | iShares Japan | EWJ-N | 14.470 | Japan has had a 20-year history of being underwater. Puts them in a space very similar to where gold was 25 years ago. You need a lot of patience. | 2007-04-26 | |
| DON'T BUY | | BetaPro S&P/TSX 60 Bear E.T.F. | HXD-T | 21.930 | This is a Bear note on the TSX. If the TSX goes down, this one goes up. 2 to 1 leverage. With the TSX being strong, this has dropped significantly. He is not bearish on the market. | 2007-04-26 | |
| TOP PICK | | Goldcorp Inc | G-T | 27.430 | Sell July $28 Call option which is about $1.60. Net cost of the stock would be about $25.90. You have a position at a reduced cost because of the option. If the stock is above $28 between now and July, then you return will be about $2.10 on $25.90, or 8%. | 2007-04-26 | |
| TOP PICK | | Claymore BRIC E.T.F. | CBQ-T | 27.680 | A basket of stocks with a long history of growing dividends. Also have a basket of Income Trusts that should continue paying without interruption. | 2007-04-26 | |
| TOP PICK | | Powershare Buyback Achiever E.T.F. | PKW-A | 26.390 | Index of 50 companies that buy back shares each year. Have to buy back at least 5% of their stock to be included. | 2007-04-26 | |
| PAST TOP PICK | | Johnson & Johnson | JNJ-N | 64.240 | (A Top Pick July 4/06. Up 6.8%.) An interesting play on demographics. A lot of litigation on drug companies. Pays a good dividend. | 2007-04-26 | |
| PAST TOP PICK | | National Bank of Canada | NA-T | 63.020 | (A Top Pick July 4/06. Up 10.6%.) Great well-managed company. | 2007-04-26 | |
| PAST TOP PICK | | Shoppers Drug Mart Corp | SC-T | 51.500 | (A Top Pick July 4/06. Up 25.8 %.) Good dividend. Strong Company. | 2007-04-26 | |
| Comment | | Kinross Gold | K-T | 14.840 | (Question about buying options.) Because gold is so volatile, you could buy the stocks and write covered calls against them. (See Goldcorp in his Top Pick.) | 2007-04-26 | |
| BUY | | iShares DJ Canadian Value ETF | XCV-T | 22.210 | An index of Canadian value stocks. A good ETF. | 2007-04-26 | |
| DON'T BUY | | PowerShare DB Agriculture E.T.F. | DBA-A | 25.440 | If building a portfolio and have commodities this tends to be a counterweight. Negatively, farming business is a challenge. | 2007-04-26 | |
| Comment | | Nortel | NT-T | 26.940 | A dog's breakfast. Can you trust their financials? In a trading range and thinks it will continue to do so. | 2007-04-26 | |
| Comment | | Canadian Western Bank | CWB-T | 23.750 | Doesn't think interest rates are going up, so he likes the banking sector. This bank does not enjoy the diversity that the major banks do. | 2007-04-26 | |
| BUY | | iUnits REIT's | XRE-T | 17.100 | Likes real estate. If you are buying this one, you have to ask if there will be a downturn. Pays a decent dividend. | 2007-04-26 | |
| Comment | | NASDAQ 100 Trust | QQQQ-Q | 46.550 | Caller purchased a Put Option. The Put Option goes up if the US market goes down. This market could have a bit of a correction, so this is not a bad play. | 2007-04-26 | |
| Comment | | iShares COMEX Gold E.T.F. | IGT-T | 74.840 | This is a play on gold, so you have to be bullish on gold. He is not particularly. | 2007-04-26 | |
| TOP PICK | | Goldcorp Inc | G-T | 28.290 | Gold and gold stocks tend to trade in a range. If you are selling call options against the underlying security, you are committing to selling your shares at a predetermined price sometime down the road. This would be a July option. | 2007-03-15 | |
| TOP PICK | | Allbanc Split Corp. II | ALB-T | 13.230 | A basket of the six big Canadian banks. It has a 2 to 1 leverage on the banks for 3 or 4 years.. (A long term Warrant or Call Option.) | 2007-03-15 | |
| TOP PICK | | Nasdaq Stock Market | NDAQ-Q | 27.640 | By the stock for about $28 and sell a June $27.50 Call. You'll get $2.80 in premium. In other words, you are paying $28 for the stock, and selling the option for $2.80 reducing your cost base to $25.20. The stock is sold in June at $27.50 giving you a return of about 9%. | 2007-03-15 | |
| Comment | | iShares MSCI EAFE $Cdn E.T.F. | XIN-T | 27.230 | This is The International Index fund. The only thing it owns is a product called EFA. This is the EFAE Index (EFA-N) in the US. (Making it an index inside another index?) Basically they are playing a spread by shorting or going long the Cdn$ versus the US$. | 2007-03-15 | |
| PAST TOP PICK | | iUnits Dividend E.T.F. | XDV-T | 22.490 | (A Top Pick May 18/06. Up 10%.) Wanted an instrument to give a decent cash flow while waiting for the market to settle down. | 2007-03-15 | |
| Comment | | Premium Income Corp. (A) | PIC.A-T | 11.310 | This is a Covered Writing fund and is designed to generate cash flow. Not designed for growth. The cash flow is taxed as capital gains and dividends. Yield is about 8%. | 2007-03-15 | |
| PAST TOP PICK | | NASDAQ 100 Trust | QQQQ-Q | 42.890 | (A Top Pick May 18/06. Up 10%.) A straddle having both a Call and a Put with a $40 stroke price. Would have been expired by now. | 2007-03-15 | |
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