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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
2015-06-29 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The Euro got down to the $1.06 level and there are a lot of calls for it to go to parity before year end.  Today’s move was fairly benign.  Crude oil has really struggled in the last couple of months.  We are probably heading back for a re-test of the lows over the next number of months.  It depends on what the dollar does relative to the Euro.  If it dips below $50 then it is an opportunity to look at energy stocks.  He likes ZEO-T because it is equal weight.  He has been adding a bit recently.  He wants to buy oil stocks on this pullback.  Gold can only be range traded for the next couple of years.  The recent flight to safety has not done much for gold (GLD-N).


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-06-29 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Presidential 3rd year of the cycle.  This would normally be a year of spending, but because of the debt level it is much more difficult and so it won’t be the norm this time.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  How you may want to invest during the Greek Meltdown.  GREK-N is an ETF that trades in the US.  There are no Canadian banks that deal in Athens trading.  Forget about the Greek debt.  The individual cannot play that.  In 2012 we came off the bottoms and got a massive rally.  The potential to double your money is great, but it is not risk free.  The two year Greek bond is trading at about 33%, suggesting the probability of default is 50%.  The Market is telling you they are leaving the Euro.  You have to view the investment after currency conversion.  The risk is 50% on taking a haircut based on the currency risk. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 BUY on WEAKNESS Must be logged in to use chart CPG-T Crescent Point Energy Corp

The December low is going to hold.  He wants to be accumulating for the next 10 percent lower.  Beyond the noise of today, this is a buying opportunity for today.


Price:
$25.500
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 DON'T BUY Must be logged in to use chart LTS-T Lightstream Resources

The short term risk is to the downside with the whole sector.  You want to be buying into the sector on pullbacks, however.  He tunes it out when a stock is in the $1 range.  It means there are some kind of problems.  It is down 90%.


Price:
$0.930
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 DON'T BUY Must be logged in to use chart SLW-T Silver Wheaton

1 in 4 times the numbers do not work for this seasonal play.  When you get into a narrow trading range you would look for a volatility explosion.


Price:
$21.620
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 DON'T BUY Must be logged in to use chart UGAZ-N VelocityShares 3x Long Natural Gas

A triple leverage on Nat Gas to the upside.  You are trading the front month futures in these leveraged natural gas ETFs.  These are not good for long term holds.  There is not a lot of steepness in the gas price futures curve.  Hurricane activity is likely to be high this fall and that could disrupt supply.  Investors need to be cautious with triple levered ETFs.


Price:
$2.090
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 BUY on WEAKNESS Must be logged in to use chart V-N Visa Inc.

He has been a long term bull on V-N and MA-N.  Like the Dow, it has been struggling all year.  The risk for the next couple of months is to the downside.  You want to be a buyer in the low $60s on market pullbacks.


Price:
$66.720
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-29 PARTIAL BUY Must be logged in to use chart WMT-N Wal-Mart Stores Inc.

It has a lot of margin pressures and is raising wages.  They are putting the screws to their suppliers.  The $70 area is the next support and then the next one is in the $50s.  He could see a breakdown next year.  Only get a half position if you like the company long term.


Price:
$71.420
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  As energy struggles and as we go through the next interest rate cycle, we know the Fed will try to raise interest rates and normalize things. He thinks there will be a lot of consolidation in the energy sector over the next couple of years.  In the pipeline space, bigger is probably better.  The US economy is looking at bit better than a month ago.  At the end of the day none of the concessions from Greece will fix the problem.  If they want to keep Greece in the Euro then they have to eat some of the debt.  They need to have a currency that puts people to work.  Individual investors should not focus on the noise in the market like Greece.  The markets are going to do what they are going to do. And should not get caught up in it.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-06-22 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Avoiding get caught up in the weeds.  We have been hyper focused on Greece.  The reality is that whatever happens, it will not matter to the long term results in your portfolio.  It promotes anxiety.  Tips:  Investors need to focus on the big picture.  Find your happy place where your portfolio should be positioned so that noise does not prevent you meeting your long term goals.  Everyone should have a part of their portfolio looking for opportunities from mispricing.  It is a small portion.  If you want the highest return possible, have a concentrated stock portfolio with managers you like, or do it on your own.  You have to be able to handle the risk of volatility of it so you don’t get out at the wrong time.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-06-22 DON'T BUY Must be logged in to use chart CEW-T iShares Equal Weight Bank & Lifeco ETF

Rising interest rates are far better for insurance companies than banks.  Banks are impacted by the steepness of the yield curve.  He likes this ETF, but the reason for buying it does not exist right now.


Price:
$10.240
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-22 WEAK BUY Must be logged in to use chart COS-T Canadian Oil Sands

It looks like oil will go sideways for a while and it will take a couple of years to balance out.  There is still some potential price risk to the downside, but you want to be buying it.  Buy it as it develops bases over the next couple of years.  If you are going to buy and hold as opposed to trade then this is too soon to get in.


Price:
$9.700
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-22 WATCH Must be logged in to use chart TCK.B-T Teck Resources Ltd. (B)

It is in a long term downtrend.  It just makes lower lows and lower highs.  We are back at the lows again and the question is whether it will hold and we build a base.  Buying in here with a stop below the previous low will get you out if it is still going to keep making lower lows.  The $20 area is a strong resistance.  The stock has not bottomed yet.  He does know if the copper and steel space is going to get strong for a few years.


Price:
$13.340
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-22 DON'T BUY Must be logged in to use chart WEF-T Western Forest Products Inc.

The biggest single factor for the industry is a weaker Canadian dollar.  This stock is in a holding pattern right now as the Canadian dollar settles.  It is probably range trading right now.  You could trade the range for the next year or two, but in a couple of years the Canadian dollar should be back to $0.90 and so this stock will come back again.


Price:
$2.090
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,568 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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