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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
2014-07-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Earnings season has been very, very good.  Looking at the next couple of years, now analyst’s estimates are pretty optimistic.  The trend line in interest rates is still pretty much in place.  We are in a liquidity trap were economies are recovering, but it is because interest rates are incredibly low.  The markets have responded and that is the more important factor.  Equities are the best place to be, driven by earnings.  Stocks that are linked to the oil sands are starting to do better.  In the short term they should have a slight correction, however. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
_N/A
2014-07-28 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Financial Stocks.  The ZEB-T rallied about 5-6% past week.  Analyst forecasts for next year are the same as where the banks are now.  They might revise earnings estimates or the earnings are all built in to the bank stocks.  If you are going into banks now, then ZEB-T is the best way to play because of the covered calls.  But he sold Canadian banks last week to move into the US.  He thinks they are a little stretched here.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
No
2014-07-28 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

All the short term bond ladders are good in his opinion.  They are not without risk, if interest rates start to go up.  They mitigate only some of the risk.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
_N/A
2014-07-28 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Canadian Railways.  They have gone parabolic and for him very hard to invest in, knowing that at some point you will get a correction.  He needs to see a test of support or a test of a longer term moving average.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2014-07-28 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Education Segment.  Earnings.  Large caps are hanging in relative to small caps because if we look at sectors on a share weighted basis, the large caps are generally driving more of the earnings and earnings growth.  The R-2000 is flat on the year while the S&P has gone up.  Energy and health care have been big movers.  Industrials make good sense.  IT has had a big boost.  Trailing EPS should be $119.52 at end of year.  2015 and 16 will be 11% higher each year.  He thinks you should continue to buy the dips.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
_N/A
2014-07-28 DON'T BUY Must be logged in to use chart CLS-T Celestica Inc

Not a name he has looked at in the long time.  We are going through a correction like a lot of tech stocks.  There is a lot of support around $10.40 from the beginning of the year.  If it goes much below that it could be very damaging. 


Price:
$11.860
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2014-07-28 HOLD Must be logged in to use chart EFN-T Element Financial

A leasing based company and typically it is the slope of the yield curve that drives earnings.  It is pretty well managed and there is a steep yield curve, so they will generate pretty good profitability and growth for a while.  If we see a flattening of the yield curve, then it would not be good.


Price:
$14.390
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2014-07-28 BUY on WEAKNESS Must be logged in to use chart KEY-T Keyera Corp

The multiple on this stock is pretty high, but they are well positioned.  The revenue growth estimate on this one is still pretty high.  If you draw a line across the highs, we are at a point where we could see it start to pull back down to $70.


Price:
$83.040
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2014-07-28 BUY on WEAKNESS Must be logged in to use chart TRP-T Trans Canada Corp

A lot of political issues with keystone XL.  We have a spike up and so there is a potential for a pullback which is where you want to accumulate.  It’s hard for him to buy it after this breakout.


Price:
$55.820
Subject:
TECHNICAL ANALYSIS - N.A. EQUITIES
Bias:
UNKNOWN
Owned:
Unknown
2014-07-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Investing.  Russia is an ongoing saga.  When the first market dip came and then bounced back he said it was not done yet, but that it was only market noise.  It does not impact global growth.  The best way to battle Russia in their new cold war is for the world to take less of their resources, so that will benefit Canada.  But that could be years away.  For now it is anxiety taking place in the summer months and investors may decide to defer buying.  Stocks are weak in Europe with financials leading and we see it going below a long term trend line so it might be a good idea to back off and not be an aggressive buyer.  One of the best ways to be defensive is to buy the US dollar.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2014-07-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Shorting Equities – which equities to short:  He is negative on the energy sector in the short term.  One bullish thesis is that North American supply of oil offsets OPEC.  The US is importing less and less from OPEC, moving demand to Canada and that changes demand dynamics dramatically.  But names like SU-T are overbought.  You might short as a quick trade, but there is nothing that is particularly overvalued at this point.  RWM-N plays the short side of the Russell 2000.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2014-07-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Equity based hedge for inflation over 15 years? The only inflation he knows of is inflation-linked bonds.  TIP-N in the US.  There is one in Canada also.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2014-07-21 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Selling out to Cash Because of Possible Correction:  We should see a 5-10% correction including seasonality and geopolitical events at present to occur soon.  Selling out to cash is risky because if markets go up, then you lose out.  It is harder to buy it all back much higher (psychology of investing).  If we get a correction, it is normal and mild.  We should not be overly concerned about it.  Typically in this situation, the Canadian dollar goes south.  He would play it by holding US currency or buying US investments that are hedged to the US dollar.  Holding US$ during a 10% correction would only lose you 8%.  ZWH-T adds a covered call component to reduce that loss to 6% yet when the market goes up you typically gets a 6% yield so if you are wrong and there is no correction you still make money.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2014-07-21 WATCH Must be logged in to use chart AVO-T Avigilon Corp

A very niche area.  There is a lot of good news and the stock is going up and then it turns.  It looks to him like you have this strong potential support at $20.  The market seems to have forgotten what this breakout was about.  You need to see the break out establishing.


Price:
$23.400
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2014-07-21 WEAK BUY Must be logged in to use chart BCE-T BCE Inc.

Media is huge going forward.  We will probably not see the growth over the next few years so it is about the yield.  It is a fine holding to accumulate when it pulls back.


Price:
$48.660
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,221 entries
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