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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
2014-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Every time there is a Monday holiday we seem to get some market volatility.  S&P got down 9.4% and he was looking for 10, so we saw that.  16-17% of the S&P has reported already and he gives it a B+ rating.  IBM missed big, but when looking at various sectors, the change in earnings have been actually pretty good and in fact a bit better than expected by about 2-3% going into the quarter.  Revenue has been better than expected except for IBM and they are pointing to currency problems.  IBM may be a specific story.  We’ve seen some pretty good moves in financial stocks in the US after earnings reports.  He thinks it is a 70% chance it is a market bottom for now.  It may be a challenge in 2015 as the FED tries to ‘remove accommodation’.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

From a 3-5 year perspective he likes oil and gas.  He was looking for pullback and we got it.  Looking out at the dividends from the energy sector, relative to where the banks are, he likes the dividend in the energy sector much better than the banks for the next 3-5 years.  There is talk, though, in the market where Saudi Arabia are going to be complacent in the energy price and this will punish Russia.  The spike below $80 in oil is probably the bottom and certainly in the low end of the range.  Below $75 makes no sense because of cost of production.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-20 WATCH Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Gold.  A number of months ago he identified a double bottom.  We tested those.  But every rally has gone to lower highs.  The now triple bottom is still vulnerable.  Gold is not responding to recent S&P lows the way it should.  Wait for panic selling and then buy in for the next decade.  The lows of last year have to be taken out and then there has to be panic selling. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

US Dollar and portfolio adjustment.  Japan needs to continue to weaken their currency.  Euro may go to parity.  US dollar staying strong may be a drag on US earnings so you may want to change your portfolio as currencies weaken.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-20 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Volatility and the Bond Market.  In his sleep at night portfolio he looked for this correction.  Bond markets have done very well.  With 3 ETFs you can buy the entire world of fixed income.  He saw a 10 point spike in their charts.  Hedged fund portfolios are forced to come and buy fixed income securities.  He looked at the spread between VIX futures.  Wednesday of last week we saw the spike in the VIX spot and the bottoming of the S&P.  What he did was to get out of a lot of fixed income and rolled it into equities while they were so low and bonds were so high.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-20 BUY Must be logged in to use chart CCO-T Cameco Corporation

Uranium.  He added it to his portfolio over the last week.  He thinks the sector will make a bottom, but he does not know when.  He thinks it is a very attractive sector right now and CCO-T is his preferred way to play it.  You have to be willing to sit with it because it is volatile.


Price:
$18.640
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Yes
2014-10-20 BUY Must be logged in to use chart CPG-T Crescent Point Energy Corp

He turned negative 4-6 months ago.  Now he bought it at $36-$37 and it is neutral to up a little right now.  You don’t need to rush into it as you will see a lot of up and down in this sector.  Wait for the Russia/Ukraine situation to be resolved. 


Price:
$38.100
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Yes
2014-10-20 WATCH Must be logged in to use chart RIG-N Transocean Inc.

The stock has been cut in half from a year ago and is very attractive here because somewhere here oil bottoms.  This stock could see more volatility and fall another 20%, but look out 5 years and it is very attractive.


Price:
$29.320
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-10-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Global growth forecasts are starting to lower, but there is still growth.  The correction last week was an opportunity to buy.  There has been a large move in the US$ based on what has been happening in Europe.  We are getting close to resistance for the US$. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-06 WATCH Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

TSX Support Level:  The 200 day average last week was taken out.  The next big support would be around 14,200-14,300.  We should hit that in the next month or so.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-06 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

The pipeline sector is not cheap.  There is no ETF, but ZJN-T and FCG-N are gas ETFs.  Stay away from ETFs with direct commodity links.  Pipelines are best played with ZWU-T although it also plays Telcos. 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-10-06 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Educational Segment.  Gauging Market Health.  Spread Between Small and Large Cap Stocks.  The US market is generally up about 7.5%  The Russell 2000 is down 4% on the year.  The divergence started about March.  The global growth downgrade started to come out about that time.  So right now small caps are screaming as much cheaper than large.  We are seeing a decay in the Russell 300 index.  We should get a short term bounce, but he thinks there is one more leg down by November.  Small caps will be where you want to go for a good bounce.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
_N/A
2014-10-06 BUY on WEAKNESS Must be logged in to use chart BRK.B-N Berkshire Hathaway Inc. (B)

Buying into Warren Buffet has always been a great investment, however 1998 to current he has not beat the market because he is a value investor.  From 1998 to 2000 the stock got cut in half when the S&P doubled.  2000-2002 the stock doubled because he had no tech stocks.  He thinks it would be a good time now to own it.  But the experience will not be a whole lot different than owning the market.  Be a little patient for the next month or so if you are going to buy.


Price:
$139.160
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-10-06 COMMENT Must be logged in to use chart BTE-T Baytex Energy Corp

There is going to be an economic cold war with Russia involving sanctions.  Once LNG gets going that will stable is the world oil supply.  He does not feel Russia would flood the world with oil.


Price:
$40.380
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2014-10-06 DON'T BUY Must be logged in to use chart TLM-T Talisman Energy

Lower lows and lower highs after the last year.  You have to be careful of a value trap.  It is underperforming so dramatically to others.  50% or more of revenue comes from Indonesia.  If they are having trouble executing in some of those markets then you should just sand aside.


Price:
$9.040
Subject:
TECHNICAL ANALYSIS & ETF's
Bias:
UNKNOWN
Owned:
Unknown
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