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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
2015-08-24 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. A couple of weeks ago, he had said there were notable signs of decay. Markets had the narrowest trading range in 90 years. It broke late last week giving you a more dramatic move. He was looking for the S&P 500 to come off somewhere between 10%-15%. Once we broke 10% this morning and got towards 15%, the extremes of the market, it was down more than 15%, but the buyers stepped in. Had been positive on gold in buying the dips, but sold it all out on Friday. It was an anaemic bounce on gold considering the rout on global equities. If gold can get a flight to quality trade, inflation is not coming back anytime soon, so he is out of gold. REITs are a place in the Canadian markets where you get great yields. When you look at how far they have come off the top, it is a very good correction for the yield seekers out there. He would look for a bounce of 4%-5%, which could take weeks, followed by another move down of 15%, maybe 20%. Doesn’t think we are going into a major global bear market.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
_N/A
2015-08-24 COMMENT Must be logged in to use chart BP-N BP PLC

(Bought when Cdn$ was at par. Sell and convert back to Cdn$?) You probably made 30% on the currency, but you lost 30% on the stock. Sector is cheap now, so wouldn’t recommend selling, but would recommend buying. He would look to sell some of those and lock in the FX gain, but roll that exposure into a Canadian ETF like an XEG-T so that when oil recovers, you don’t have the currency risk.


Price:
$31.190
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart BRK.B-N Berkshire Hathaway Inc. (B)

Chart shows support in the 2013-2014 area. He is expecting a small bounce up followed by another leg down, probably at $110-$111. He would look to buy at around $120.


Price:
$129.570
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart CBO-T iShares 1-5 yr Ladder Corp Bond ETF

Relatively good and safe investment? For conservative investors right now, short-term corporate bonds are the way to play the fixed income market.


Price:
$19.430
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

This is in panic mode. Maybe it gets cheaper still. People are liquidating wholesale, and that is always when you want to be buying.


Price:
$12.650
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-24 COMMENT Must be logged in to use chart RDS.A-N Royal Dutch Shell PLC (A)

(Bought when Cdn$ was at par. Sell and convert back to Cdn$?) You probably made 30% on the currency, but you lost 30% on the stock. Sector is cheap now, so wouldn’t recommend selling, but would recommend buying. He would look to sell some of those and lock in the FX gain, but roll that exposure into a Canadian ETF like an XEG-T so that when oil recovers, you don’t have the currency risk.


Price:
$49.730
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart ZBK-T BMO Equal Weight US Banks ETF

This is the equal way to play the banks and it is unhedged. If you like US$’s and exposure, which he doesn’t, this gives you the same holdings as the equal weight bank index (ZUB-T). Right now the Cdn$ might get a couple of cents weaker, but if looking for an investment for the next 5 years, and you like the US banks, the Cdn$ is almost certainly going to recover when oil recovers, you want to hedge the currency, and ZUB would be the way to do that.


Price:
$18.000
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 BUY Must be logged in to use chart ZWB-T BMO Covered Call Cdn Banks ETF

Because he thinks the Canadian banks will generally go sideways, this one equal weights all the big banks and gives you a covered call overlay and giving a yield of close to 6%. This is a great way to get some yield.


Price:
$14.950
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-24 COMMENT Must be logged in to use chart ZWU-T BMO Covered Call Utilities ETF

Utilities, pipelines, telcos, big dividend players with a covered call overlay. Quite an interest rate sensitive sector. This is a time to look at this. If you are a total return investor, this is not necessarily going to give you a lot of growth. If you are a yield investor, it is a great, great holding for a nice yield and lower volatility in the broader markets.


Price:
$13.320
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The Chinese are not devaluing their currency.  They are moving toward a freeing currency.  From ’07 to ’08 this is where we are looking for the Chinese currency to go to.  The move thus far means nothing to Canadian investors.  We are due for a slow period for growth.  You have to be somewhat tactical.  In Greece, it is complete failure. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-08-17 BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Preferreds.  Resets are linked to the 5 years Gov’t of Canada Bonds.  But there is indiscriminant selling by retail investors of these.  There is a lot of value there.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2015-08-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Interest Rates.  There are all kinds of what if scenarios.  He thinks interest rates will stay low for 10-30 years.  The bond market will not go up because of yields. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-08-17 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  How to position yourself for a low growth environment.  He has an equal weight portfolio:

ETF

Yield

Beta

ZHY

6.4%

39.7%

ZPR

5.1%

15.5%

ZDV

4.6%

75.3%

ZUE

1.8%

91.6%

ZDM

3.1%

103%

ZEM

1.7%

81.1%

ZWU

6.4%

64%

ZRE

5.4%

45.2%

Average

4.3%

64.4%

He gets about 45% exposure to Canada and an average yield of just over 4%.  YTD he got 2.16%, ahead 3.6%.  Annualized since inception is 9.55%. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-08-17 DON'T BUY Must be logged in to use chart BTE-T Baytex Energy Corp

Punishing the Russians involved lowering the oil price.  Now it is causing a problem for the fracking industry in the US.  People are looking at rig counts.  Probably oil stays low for another year or so.  A lot of companies don’t make money at this price and eventually supply and demand will come back into balance. 


Price:
$8.380
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-08-17 DON'T BUY Must be logged in to use chart HIX-T HBP 60 Inverse ETF

He is looking to add shorts to the US market.  He uses the RWM-N.  When the markets fall, small caps underperform on the way down.  You need a currency hedge.


Price:
$7.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,614 entries
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1 Comment

raziel

April 3rd 2015 at 8:48am

My preferrers have come down substantially as a result of lowered bank rates, I believe. Shouldn't an instrument with a fixed rate go UP when bank rates are lowered?


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