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Compiling comments that experts make about stocks while on public TV.

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Larry Berman CFA, CMT, CTA , Chief Investment Officer, Partner

ETF Capital Management Inc.

Address
5160 Yonge St. Suite 1860
Toronto, ON
M2N 6L9

Contact Info
Telephone: 888-383-9753
Fax: 888-383-9753
Website: http://www.etfcm.com


Date Signal Chart Symbol Company Opinion Price
2014-12-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  You can look at oil and be scared or you can see a lot of opportunity.  Oil prices could stay here for the next 6 months, but fundamentally, half or more of the fracking in the US makes no money.  The current price is already priced into oil stocks.  Look for when it is going to recover.  He would be surprised if the Fed had any material change to the rates this week.  The energy sector is a growth sector in the US.  Most jobs over the last 6 months are directly or indirectly related to fracking.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-12-15 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Energy.  For his sleep at night portfolio, the risk adjusted dividends are more attractive than most other sectors in the world.  In the coming months we will likely see much more volatility in the energy sector.  Nobody knows.  This is characteristic of a bottom, although it could get 10% lower.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Yes
2014-12-15 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Forecasting Next Year.  What he thinks today could change a month from now.  Forecasting two years out is nice to have but…  In 2015 here is what might happen:  Greece:  We could be positioned for another exit.  We are starting to take a turn.  It is breaking down.  An election process over the next three weeks may not re-elect, and it could be an anti Euro party that gets in.  That is the only way to turn things around there.  It would be the first country to leave the Euro.  Russia and part of South America:  South America is stressed like Russia because of oil being the major export for their economy.  Thinks Venezuela could re-value their currency and shock the world.  Credit market spreads:  are widening and we need to be on the lookout for that.  China: next year they could miss their 7% growth projection.  China is a big risk for next year that we need to think about.  What if the FED decides to tighten next year:  Look at Euro futures.  By September and December next year, the probably of 1/2-3/4ths of a percent rate hike are already priced in.  If oil prices stabilize, the Canadian market might start to turn around.  Look at French and German bond yields:  The best performing asset this year was a US long bond.  We need to watch Euro bond yields and especially French.  When we see an extended decline in oil like this, the recovery tends to be about 15 to 25%.  We are likely to see a bottom in the next few months,.  Earning expectations need to come down.  Maybe markets will be just okay next year.  Will talk more about these things in January.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-12-15 BUY Must be logged in to use chart HAC-T HAP Seasonal Rotation ETF

Thinks there is a performance fee on the mutual fund.  You have to pay a premium for an actively managed fund.  7 basis points is the basic fee before the bonus and not bad.


Price:
$14.540
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-12-15 BUY Must be logged in to use chart XEG-T iUnits S&P/TSX Capped Energy ETF

If you have a longer term horizon of 3-5 years then it is a no-brainer to overweight the energy sector.  ZEO-T would alternatively not contain so much of the majors.  The smaller ones of the bigger ones have more impact.  This one should outperform the larger cap names.  It is equally weighted instead of market cap weighted.


Price:
$12.150
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-12-15 BUY on WEAKNESS Must be logged in to use chart ZRE-T BMO Equal Weight REITs Index

REITs.  ZRE-T which is equally weighted is his preference.  It is starting to get interesting to him on a risk adjusted basis.  He wants to buy more if it gets lower because he likes the dividend.


Price:
$18.770
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Yes
2014-12-15 COMMENT Must be logged in to use chart ZWH-T BMO US High Dividend Covered Call ETF

Weaker Canadian dollar is better for the forestry industry, but how much is priced in right now?  This one gives exposure to all 10 economic sectors, covered call overlay and a great way to get yield into your portfolio.  But he is reducing his exposure to the Canadian/US dollar exchange rate.


Price:
$16.430
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-12-15 BUY on WEAKNESS Must be logged in to use chart ZWU-T BMO Covered Call Utilities ETF

Utility stocks are the lowest end of the spectrum in terms of volatility.  There is some energy exposure so this one really isn’t a risk free dividend.  It will be less volatility than pure energy.  We should have a bottom in the energy sector in the next couple of months.


Price:
$14.600
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-12-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The energy sector is getting stupid cheap and could stay there for 6 months.  People are panicking.  There is tax loss selling.  This represents an opportunity.  You have to be able to handle the increased volatility, however.  If oil goes much below current levels, companies won’t make much money.  Make sure you are diversified and don’t double down on your positions.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-08 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Diversification.  The mining and energy sectors are those with relative value.  But having too much concentration in any area is not a good thing.  As banks pull back over the next couple of weeks that might be the sector to diversify into.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-08 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  The Science of Making Decisions.  When there is Euphoria, you want to be careful.  When there is depression, you want to consider buying.  Sell into strength and buy into weakness.  Partial buys and sells are known as ‘rebalancing’.  Evaluate the volatility of what you are investing.  Avoid influences that promote emotions.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2014-12-08 BUY on WEAKNESS Must be logged in to use chart BBD.B-T Bombardier Inc (B)

Below $4.10 it has always been a good buying opportunity.  They are going to get their stuff together eventually on the ‘C’ series.


Price:
$4.090
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2014-12-08 HOLD Must be logged in to use chart CVE-T Cenovus Energy

Pounded like all the other stocks, making multi year lows.  It is in panic mode.  You are getting tax loss selling.


Price:
$22.450
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-08 BUY on WEAKNESS Must be logged in to use chart DIS-N Walt Disney

Will benefit from lower fuel prices as people decide to spend more money elsewhere.  The stock is stretched here, however, and he would not want to make it a momentum play.  It is a buy on pullbacks only.


Price:
$93.800
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-08 HOLD Must be logged in to use chart ECA-T Encana Corp

He added at around $18.  He sold at $21 a couple of times.  You don’t want to run from these things here.


Price:
$15.410
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 1,371 entries
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