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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
2015-05-04 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Stops.  He loves ETFs for diversification.  With a single stock you tend to fall in love with it and average down.  You never want to have more than 5% in any one security, otherwise you are gambling.  Take SU-T.  A recent low was $29.  A recent high was $40.  At $39, you have 4 or 5% upside.  Back in 2012, it was in the mid $20s.  You have 8% downside and 4% upside.  At $35, you have a much better risk reward ratio.  Move in slowly and if it ever goes below your stop, get out.  Don’t average down.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-05-04 DON'T BUY Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Emerging Market Fund.  They are about 12% of the world.  7.2% would be an equal wait for a balanced portfolio.  ZEM-T or EEM-N are example funds.  He thinks they are at the high end of the range so he is at half weight.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-05-04 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Greece will likely have the money for their debt payment later this month.  But nothing has been fixed here.  It doesn’t matter if Greece leaves the Euro.  Their economy is not big enough to matter.  He thinks the debt holders will take a big haircut.  Over 5-10 years other countries will line up to leave the Euro.  Greece is the test case.  China released the weakest numbers in a year, but the money is coming out of real estate.  You don’t want to play China at this point.  We could get a pull back in China in the back half of this year as much as 30%. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-05-04 HOLD Must be logged in to use chart AAPL-Q Apple

Thinks it will go higher.  He does not know if the iWatch will be successful, however.  He is more concerned about market risk in the back half of the year so he does not like to look at stock at all time highs.  Don’t chase it here.  Don’t put new money into it.


Price:
$128.700
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-05-04 BUY Must be logged in to use chart BNP-T Bonavista Energy Corp

It looks like we are making a bottom.  We are in accumulation mode.  Get out if you see lower lows.


Price:
$8.100
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-05-04 WATCH Must be logged in to use chart CSX-N CSX Corp

Close to its all time high.  He is not a big fan of it in May.  Be patient and look for a buying opportunity later in the year, close to $30.


Price:
$36.610
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-05-04 DON'T BUY Must be logged in to use chart IMO-T Imperial Oil

They get more from downstream business than upstream business.  A lot of the recent increase in share value was on refining.  He does not like the risk reward ratio on this one, nor SU-T.  There is a lot of overhead resistance.


Price:
$52.150
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-05-04 WAIT Must be logged in to use chart XID-T iShares CNX Nifty India

Indian ETF.  Very different demographics in India vs. China and he is bullish on India.  We pulled back to the 200 day moving average.  We are sitting on it right now.  He thinks we are probably going lower and it will be a better opportunity in the back half of the year.


Price:
$27.800
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Couch Potato Investor.  There is risk in buying and holding.  RAFI smart indexes have a great track record of forecasting forward based on what the inflation rate is, on bond yields and what a 60/40 balanced portfolio might look like as we move forward.  They are forecasting a 4% return in a balanced portfolio over the next 10 years.  They have a web site so people can follow this.  You have to look at risk and return together.  Higher returns are going to come in the future from emerging markets. 


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-04-27 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The breadth of the NASDAQ is lowering even though it made an all time high last week.  The Russell 2000 (mostly NASDAQ small cap stocks) was actually down on the day, which is not a positive sign.  OIH-N is bottoming, but because the glut in oil supply is not getting cleaned up any time soon, this bottoming process will take some time.  Maybe into next year it will come back down again as part of that bottom process.  Take some long term money and put it into the energy sector for 5 years and get a good dividend.  We are starting to see growth in Europe.  The biggest export in Greece is refined oil products.  He thinks this will be an interesting play.


Price:
$0.020
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
_N/A
2015-04-27 DON'T BUY Must be logged in to use chart HNU-T HBP NYMEX Nat'l Gas Bull+

There is always risk in these.  Every day, to get the 2 to 1 leverage, when the market goes up they have to buy more of the derivative the next day to get the same benefit.  When the underlying commodity is volatile, you get more erosion of the ETF value.  Nat gas is amongst the highest in volatility.  It is better to play it with the equity ETFs.  ZJN-T, for example.


Price:
$3.170
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-27 COMMENT Must be logged in to use chart HVI-T Horizons BetaPro S&P 500 VIX ST Future Inverse ETF

When the markets go down the VIX spikes up.  This ETF will work for a few days, but you have to be precise on the timing on when to go into it.  This one makes money when you think the markets are going up.  When the markets go down, this one goes down very hard.


Price:
$30.880
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-27 WATCH Must be logged in to use chart SU-T Suncor Energy Inc

2/3rds of revenue is from refining and marketing through Petrocan gas stations.  He expects them to surprise to the upside.  Technically there is a lot of overhead resistance in the $42 area.  If oil prices revisit their lows then this one will fall to $35 and he really likes owning it there and then sell close to $42.


Price:
$39.850
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-27 BUY Must be logged in to use chart URA-N Global X Uranium ETF

There is not a Canadian ETF that is similar.  He loves the sector longer term.  The uranium sector has been crushed 60-70% since the Japan crisis so it is ready for double or triple.  We could lose 10-15% in the currency, but that is not a problem.  There is an easy 50% in the next two years in the ETF.  It will be very volatile.  You have no choice, but to take on the US$ exposure.


Price:
$11.840
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US$. Where there are free-flowing currencies, and countries have to repay interest and the notional value of the bond in US dollars, it is going to be a lot more expensive for them. This will likely cause some credit stress over the next year or so. He is pretty sure the dollar is going to remain strong over the next year or so versus most currencies, specifically the euro and the yen. For the first time ever, Chinese estate values are going down. Money has been coming out of there to feed the stock market. Chinese mainland stocks have doubled over the last year or so, more importantly the last 6 months. Margin requirements were raised on Friday, but to combat that a shift in the reserve ratios to kind of neutralize things, the market seem to be a little positive this morning that there is no worsening in the Greek situation. Year-on-year earnings are declining, most of it, not all, is coming from the energy sector. He expects this for the next number of quarters.


Price:
$0.020
Subject:
STOCKS, BONDS & ETFs
Bias:
UNKNOWN
Owned:
_N/A
Showing 1 to 15 of 1,508 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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