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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
2015-03-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  We are back at the peak of the .com boom.  But the NASDAQ is a different index today.  Back then they were discounting 15 years worth of earnings into what the Internet was going to be.  The round numbers like the NASDAQ 5000 level today for a nanosecond have some physiological significance.  But now in the Russell 2000 more than 50% of the stocks are more than 10% below 52 week highs.  A narrower group of stocks are leading the index higher.  There are some reasons to say it is stretched here.  He would prefer the Dow now.  He was overweight Europe Nov/Dec last year and then reduced, but was wrong because it is still strong.  This week, or next, the ECB will launch their QE program.  China cut interest rates.  China is actually growing at only 4 or 5 percent and real estate prices are falling in some places.  He would be underweight exposure there.  Russian markets are poised for a snap back, but you can’t hedge the currency risk away.  There is probably another rate cut coming in Canada, but probably not this week.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-03-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

ETF.com in the US gives an overview of all the ETFs available.  There is not such a web site in Canada that he is aware of.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-03-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Withholding tax.  Dividends from a US ETF are pure income.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-03-02 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Rig Count.  Baker Hughs is the biggest driller in the world.  The Rig Count got cut last year, but it wasn’t until the last two months that they really cut out rigs.  Most of those cut were not very productive so they did not cut out much production.  The seasonal period for oil starts out at the beginning of the year for the first half.  Inventories of oil are the biggest they have ever been in history.  They are expected to build for the next couple of months.  He thinks oil prices will re-test the lows of the last year over the next couple of months.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-03-02 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

FRF-T: ETF that is launching.  The assets have to build up to $10 million within the first year in order for it to be profitable.  Size does not matter in the beginning.  If they shut it down after a year then you get your money back.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-03-02 BUY on WEAKNESS Must be logged in to use chart BNS-T Bank of Nova Scotia

Thinks Canadian Banks move sideways for a while.  At $66-7 it is probably not compelling.  He has reduced bank exposure.  The dividend is safe and attractive.  You may get an opportunity to get it at the low end of the trading range sometime this year.


Price:
$66.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-03-02 WAIT Must be logged in to use chart HAU-T Horizons Active US Dividend ETF

If it is an indexed based ETF, then you don’t need to wait to see if you get in after it is launched.  If it is an actively managed ETF, then you have to wait and see how the manager does.  When you buy, put in a limit order.


Price:
$10.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-03-02 COMMENT Must be logged in to use chart LB-T Laurentian Bank

Very regional bank. Thinks they are more of a pure bank and do not have a lot of exposure to the oil price.


Price:
$49.090
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-02-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The markets are nutso on the ‘patience’ word.  Is the Fed going to push it down the road or not.  They need 150k jobs to keep up with the population growth.  About 50% of the last year’s job growth was related to fracking.  The quality of the US employment rate is not fixed.  The Fed definitely wants to try rising interest rates.  If they don’t like what happens they may lower them again.  Nothing is fixed in Greece.  They have to leave the Euro at some point.  They have significant challenges.  They are just another can kicked down the road for 6 months.  QE has been the backbone of the recovery including the European QE.  We will see in March what the ECB’s program is going to look like.  We may be in for a bit more volatility in Europe. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2015-02-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

ETFs specializing in REITs.  Prefers ZRE-T because it does not overweight the big ones and gives the small ones more of a real chance.  FRF-T is an actively managed ETF and you might consider that.  There is a smaller cap bias to the markets in the uptrends.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2015-02-23 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  63 year old’s potential portfolio.  VCE-T (30%) is an ETF that invests in Canada.   XWD-T (40%) is the world index.  XBB-T (30%) is the entire Canadian bond market (no emerging market exposure).  It had a  2.8% annual return over the last 13 years with 13% standard deviation. That is probably not what you are hoping for.  But from ‘09 to present the returns are quite good at 15%.  Would he have sold in `08?


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
_N/A
2015-02-23 SELL ON STRENGTH Must be logged in to use chart BBD.B-T Bombardier Inc (B)

It is one of the dogs he held.  Even the smart analysts don`t know where this stock is going.  He is looking to exit it in the mid-$3 area.  This is a speculative play.


Price:
$2.350
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-02-23 COMMENT Must be logged in to use chart ZGD-T BMO S&P/TSX Eq.Wt. Global Gold

5-10k shares per day volume.  He went in last November and bought a million shares.  The market maker created the units, so the value traded does not matter.  The individual investor needs to trade at least 50k shares to have the market maker create units and you have to call the market maker. 


Price:
$8.360
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-02-23 WATCH Must be logged in to use chart ZHY-T BMO HighYield Corp Bond US Hedge to CAD ETF

High yield bonds with a currency hedge.  He has no exposure right now.  It is a nice yield, but with 20% of US fracking business in the high yield index, he stays out. He thinks this will re-test the levels from last year and that would be an okay time to step into it.


Price:
$15.750
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-02-23 HOLD Must be logged in to use chart ZPR-T BMO S&P/TSX Laddered Preferred

Preferred resets trading off the 5 year bank of Canada.  He owns ZPR-T.  These are a hybrid between fixed income and equities.  Just hold the ETF and collect the yield.


Price:
$12.880
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 1,433 entries
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