Larry Berman CFA, CMT, CTA

Peak of earnings season this week - earnings  are tracking higher than consensus (concentrated in large tech names). Geopolitical risk, and interest rates main concern for falling markets last week. Rising cost of money (potentially) is concerning for investors. Without "Mag 7" names - not much earnings growth in markets. Energy companies performing well, but broader markets not as strong. 

Structure of ETF (leverage involved) major driver of performance. Can very volatile. Would recommend investors study product extensively. Is not a growth strategy - good for yield (~6.8%). Risky product due to use of leverage. 

Good way to get exposure to TSX broader market. Will track TSX index with low management fees. Good for long term investors. 

Rising interest rates putting pressure on stock. Company uses substantial debt. Analyst estimates very broad. Would recommend waiting to buy when share price falls. Share price not low enough. Good company, with stable earnings - just not priced correctly. 

Good yield with covered call strategy. Currency exposure a concern, but likes Canadian banking sector. Expecting strong earnings going forward. Housing pressure with renewing mortgages a concern, but overall a good product for long term investors. 

Bullish trend good for momentum investors. Valuation is not too high (relative to tech), and has quality earnings. Fundamentally expects company to continue to perform. As long as trend continues, will be a good investment. 

Believes market entering into correction territory. Investors should look to old market "highs" to see previous support levels. 4800 price seems to be the previous level which the market was at. Trend lines also important for investors to study in order to determine where S&P 500 may find support. If US Fed decides not to cut interest rates, markets could fall below 4800. Would recommend buying around the 4500-4800 S&P 500 price level. If US Treasury decides to fund debt payments with debt instruments, bank stocks will sell off. A lot of market directions will depend on US Fed actions. Catastrophic fiscal position (large amounts of debt) a major concern. 

Upcoming earning season will be indicative of economy. Geo-political issues a concern, but shouldn't affect investors portfolio. Recent earnings from JP pointing towards strong consumers. Strong economy will create environment where US Fed is not able to cut interest rates. Larry Summers and others think interest rates need to rise (not fall). Expecting interest rates to remain high - economy too strong. Inflation numbers also remain sticky (not falling as quickly as forecast). Believes tech sector speculation is reason for strength in S&P 500 (not concrete strength in economy). 

Good defensive product for investors. Dividend is safe and reliable. Don't expect large capital gains from this product (covered calls remove high growth). 

Excellent product with ~8% dividend yield. Concern about BCE dividend sustainability. Good time to buy.  Would recommend holding for the long term. 

Combination of underlying of stock dividends, and volatility of call strategy. Good product, but would recommend a portion of portfolio. Don't rely on the yield only - need to understand the product fundamentals. ~15% seems unsustainable. 

Good product if bullish on copper prices, but can be a risky investment. Electrification of the world will require lots of copper. Overall is a strong investment thesis. Is buying at current prices. Not enough copper in production to satisfy demand. 

Geo-political tensions are worrisome, but should not affect construction of investor portfolio. "Panic buying/selling" not a good way to mange investments. Quality companies will perform regardless of tensions in Middle East. When others "panic sell" - can be a good buying opportunity for disciplined investors. Interest rates & inflation are much more important to investors. Underlying fundamentals of companies (debt, cash flow, margins, management etc.) are the preferred indicators to company health. 

Believes CPI report in the USA will be indicative on health of economy. If inflation numbers are high - will make it difficult for US Fed to cut interest rates. Zero interest rate cuts will be a sign that the economy is not as strong as assumed by the broader market. 

Current price (~$5) presenting a good buying opportunity. China likely to be largest EV market in the world. Longterm outlook very bullish. Would recommend buying. Good for long term investors.