Stockchase Daily News RSS The Days Comments by Experts http://www.stockchase.com/ en A Comment -- General Comments From an Expert <p><span style="color: #ff0000;"><strong>Markets.&nbsp;</strong> </span>Historically if you look at market corrections in October, they are always good buying opportunities.&nbsp; Ebola has proved itself as to not be able to be airborne.&nbsp; China is set for a soft landing.&nbsp; What&rsquo;s not to like about this.&nbsp; For these reasons people, are all just buying in without a change in fundamentals.&nbsp; So just go with it.&nbsp; The TSX is all about oil.&nbsp; Cheaper oil is better for the consumer, but we worry about the companies.&nbsp; Oil is a real catalyst here.&nbsp; Baytex came out with earnings today and said they were increasing production.</p> http://www.stockchase.com/opinions/view/140201 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140201 BMO DJ Industrial Ave Hedged to CAD ETF <p>The 30 biggest companies in the US.&nbsp; You can use these for income.&nbsp; In a rising market, however, covered calls crimp your gain.&nbsp;</p> http://www.stockchase.com/opinions/view/140202 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140202 First Quantum Minerals <p>A copper company.&nbsp; The charts are unbelievable here.&nbsp; He would prefer CS-T or LUN-T.</p> http://www.stockchase.com/opinions/view/140203 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140203 Yamana Gold Inc. <p>He is not a gold guy.&nbsp; There is no reason to buy gold.&nbsp; Some people think there will be QE 4 next year and it would cause the US dollar to decline.&nbsp; He is staying clear.</p> http://www.stockchase.com/opinions/view/140204 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140204 Visa Inc. <p>Biggest jump in 3 years today.&nbsp; He has been a big fan of this area.&nbsp; He thinks there will be no cash in the future.&nbsp; We will be a cashless society.&nbsp; The long term is great.</p> http://www.stockchase.com/opinions/view/140205 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140205 Trinidad Drilling Ltd <p>A well managed company with a great balance sheet.&nbsp; They are always looking out for what is coming around the corner.&nbsp; He would be picking away at this.</p> http://www.stockchase.com/opinions/view/140206 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140206 Gilead Sciences Inc. <p>A highly recommended company, a&nbsp; fantastic company.&nbsp; He would prefer the IBB-O ETF.&nbsp; It&rsquo;s a sector that can be hard to understand and the FDA could reject something so he prefers a basket.&nbsp;</p> http://www.stockchase.com/opinions/view/140207 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140207 Toronto Dominion <p>In a rising interest rate environment this one would do the best in the US.&nbsp; Just buy it now.&nbsp; No reason to wait.&nbsp; It already had a good pullback.</p> http://www.stockchase.com/opinions/view/140208 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140208 Vanguard MSCI Emerg. Mkt. ETF <p>An ETF has no fund manager.&nbsp; Fees are lower.&nbsp; He is a big fan of ETFs.&nbsp; This one has the lowest fees in the area.&nbsp; They have been coming back.&nbsp; Emerging markets have been a tough place to be.&nbsp; This would be the one but he would favour local markets right now.&nbsp; He is not a big proponent of diversification just for the sake of it.&nbsp; Buy the trend.</p> http://www.stockchase.com/opinions/view/140209 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140209 PowerSh Dynamic Basic Material <p><span style="color: #ff0000;"><strong>(Top Pick Oct 30&rsquo;13, Up 10.77%)</strong> </span>He likes the ETF because it is based on management, momentum and earnings growth.&nbsp; It is basic materials.&nbsp; He was looking at the time that these companies would do well in the environment.&nbsp; It is a mid cap global fund.</p> http://www.stockchase.com/opinions/view/140210 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140210 Precision Drilling <p><span style="color: #ff0000;"><strong>(Top Pick Oct 30&rsquo;13, Down 16.53%)</strong> </span>They beat analysts&rsquo; estimates last Monday.&nbsp; Their payout ratio is extremely low.&nbsp; 10% is from international, which they built rather than buy.&nbsp; He is still excited about the company.&nbsp; He would buy it here.</p> http://www.stockchase.com/opinions/view/140211 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140211 Talisman Energy <p>There are better companies out there.&nbsp; If you find something better to buy you should sell this one.&nbsp; You need to look at CVE-T, for example, or SU-T.&nbsp; TLM-T is at a 10-year low.</p> http://www.stockchase.com/opinions/view/140212 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140212 Capstone Mining Corp. <p>Does not see a problem with it.&nbsp; Copper is a little bit out of favour.&nbsp; It has all depended on China.&nbsp; Doesn&rsquo;t see why it has underperformed.&nbsp; He likes the company and he would hold on to it here.&nbsp; LUN-T is a very good buy, though.</p> http://www.stockchase.com/opinions/view/140213 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140213 Teck Resources Ltd. (B) <p>5 year low.&nbsp; It&rsquo;s all about metallurgical coal.&nbsp; It has been all about China.&nbsp; He is sure looking at this one to just pick it up for the yield alone.</p> http://www.stockchase.com/opinions/view/140214 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140214 Encana Corp <p>Now you are seeing that ECA is going back the other way from gas since they were spun out.&nbsp; He likes it.&nbsp; By 2016 they will be half oil and half gas.&nbsp; He thinks that they are on the right track now.</p> http://www.stockchase.com/opinions/view/140215 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140215 Global X Social Media Ind. ETF <p>Social Media Stocks.&nbsp; Looked at TWTR-N&rsquo;s announcement.&nbsp; 23% increase in customer base, but it was 30% last year.&nbsp; FB-T is having real problems.</p> http://www.stockchase.com/opinions/view/140216 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140216 Suncor Energy Inc <p>Likes it.&nbsp; He would buy it here because oil is coming down to the $80 dollar mark and the question is where it is going from here.&nbsp; He prefers this kind of company because he is comfortable holding companies that are completely integrated.&nbsp; It is all about operating net backs.&nbsp;</p> http://www.stockchase.com/opinions/view/140217 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140217 Agnico-Eagle Mines <p>We have nothing, but problems with gold stocks.&nbsp; The price of gold, geopolitical risk, etc.&nbsp; If you like gold then buy the bullion.&nbsp; FNV-T is the only stock that has beat bullion.&nbsp; He holds gold bullion.</p> http://www.stockchase.com/opinions/view/140218 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140218 Element Financial <p>Another dismal looking stock chart.&nbsp; The business model is bang on.&nbsp; A great balance sheet and a really good pipeline.&nbsp; Likes the company a lot.</p> http://www.stockchase.com/opinions/view/140219 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140219 Magna Int'l. (A) <p>Was $125 when the US economy was rolling full steam, then MG-T came down to $107.&nbsp; But what has changed.&nbsp; The US economy is still rolling.&nbsp; He is a huge believer in MG-T.&nbsp; They do a lot of European business and there is a school of thought that says they never got out of recession.&nbsp; Car sales are still cooking along, though.</p> http://www.stockchase.com/opinions/view/140220 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140220 Husky Energy <p>It is a company that he just doesn&rsquo;t get a warm fuzzy feeling about.&nbsp; Prefers CVE-T or SU-T even if net backs are higher for HSE-T.&nbsp;</p> http://www.stockchase.com/opinions/view/140221 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140221 Shaw Communication (B) <p>They own global TV and 20 specialty channels.&nbsp; Wireless is good and wire line is poor.&nbsp; The companies in the sector are all exactly the same to him, but he prefers RCI-T.</p> http://www.stockchase.com/opinions/view/140222 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140222 Aecon Group Inc <p>They are in three different areas.&nbsp; Trading a lot less than peers.&nbsp; He likes the sector.&nbsp;</p> http://www.stockchase.com/opinions/view/140223 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140223 Precision Castparts Corp. <p>Forge and cast products, very complex products.&nbsp; Likes it because these products are used for jet engines and turbines and in the automotive and oil and gas sectors.&nbsp; The company is going to be in demand for their products.&nbsp; Looking at 17% increase in next year&rsquo;s earnings.&nbsp; A classic industrial play.&nbsp; He is looking for aviation to get better.</p> http://www.stockchase.com/opinions/view/140224 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140224 iShares DJ Medical Devices E.T.F. <p><strong>This is the trend in the marketplace so buy the trend.&nbsp; People who are aging are going to buy the hips, the knees and get the heart thing done.&nbsp; All of these companies are expanding into Latin America and China.&nbsp; </strong></p> http://www.stockchase.com/opinions/view/140225 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140225 Caterpillar <p><span style="color: #ff0000;"><strong>(Top Pick Oct 30&rsquo;13, Up 22.60%)</strong></span> They came out with disastrous earnings about a year ago and gapped down.&nbsp; After gapping down, stocks usually get filled back in again.</p> http://www.stockchase.com/opinions/view/140226 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140226 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Markets.</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> Most of his clients tend to be balanced between equity and fixed income portfolios, so volatility is subdued because when the equity market went down, the bond market kind of rallied a little. They might have been down, but not as severely as other people. Also, bounced back very quickly. He had been expecting a pullback at some time, and he was comfortable buying in the pullback. There is a very strong case for equities relative to the debt market. Stocks have more room to run. In spite of interest rates and what the Fed is doing, etc., dividend yields and earning yields tell you that you need to be in the stock market. He prefers looking at Cdn markets 1st, and then to the US and Europe. Stays away from Asia and emerging markets.</span></p> http://www.stockchase.com/opinions/view/140227 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140227 Astrazeneca P L C <p>Pfizer failed to acquire this company and the stock has dropped a lot. This trades at 14X earnings and has a great dividend yield and a great cash flow yield. Not expensive. Have some great things in their pipeline in the next little while, which will help the company out. Healthcare is a nice defensive area to be in if you are really worried about the stock market. <span style="color: #ff0000;"><strong>(See Top Picks.)</strong></span></p> http://www.stockchase.com/opinions/view/140228 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140228 Bank of America <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Has been a big bull on this. Feels this is one of the cheapest areas in the whole US stock market. This bank has a lot of positive things. They have a great business on the investment banking side, which will continue to do well, a great wealth management business and a great retail banking business. A lot of the issues that were facing them from a regulatory and legal point of view are all off the table now. BV is $21 and it is trading well below this.</span></p> http://www.stockchase.com/opinions/view/140229 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140229 KKR & Co. LP <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A private equity company, along with asset management business. One of the greatest sweet spots they can ever be in because they are funding very cheaply. They buy businesses, lever them up and then either bring them public or dispose of them to somebody else. Also, pays a great dividend yield. Capital is easily accessible for them, so when they open up new funds, they get lots of money in. A very, very positive environment.</span></p> http://www.stockchase.com/opinions/view/140230 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140230 Manulife Financial <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>This insurance company versus banks?</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> They have done a good job of moving the company in the right direction. Where insurance companies really make money is in a much higher yield environment. He thinks interest rates are going to stay relatively low for longer than people think, so that really hurts this industry. He would rather put his money in a bank, which has better opportunities.</span></p> http://www.stockchase.com/opinions/view/140231 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140231 Telefonica S.A. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Likes the company. Thinks they have some really great assets. Have been very astute at getting rid of non-core assets. Have some great businesses in very high growth areas such as Brazil and Argentina and Latin America. Has the opportunity to be a really hefty growth company. This business requires a lot of Cap X, which has hurt them a bit. Feels this is a unique company. Looking at the numbers, the Latin American site continues to do well. It is Spain that has really been hurt in the last little while. Thinks the stock will do well.</span></p> http://www.stockchase.com/opinions/view/140232 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140232 Transalta Corp <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Hasn't liked this company because they have such poor assets. Doesn't understand why they didn't cut their dividend. He prefers others.</span></p> http://www.stockchase.com/opinions/view/140233 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140233 Unilever PLC <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A very good company. Feels they over expanded into places like Asia with the hope that they would actually deliver huge growth for them. That has not happened, which has really hurt them. They have to cut back on the actual number of products that they have. Margins have been squeezed over the last little while.</span></p> http://www.stockchase.com/opinions/view/140234 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140234 Mainstreet Equity Corp <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Nov 7/13. Up 26.76%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> Have some great assets in the Edmonton/Calgary area. These are rental properties, so there is lots of room to increase rents as it is a high growth area of the country. It will continue to see good growth and good increase in rents.</span></p> http://www.stockchase.com/opinions/view/140235 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140235 Microsoft <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Nov 7/13. Up 26.3%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> The numbers were absolutely fantastic in this last quarter. Thinks it will continue to do well. Feels the ultimate high on the stock will be $54-$57.</span></p> http://www.stockchase.com/opinions/view/140236 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140236 Regions Financial <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Nov 7/13. Up 7.05%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> These banks have all had a real pullback this year. This is in the south-eastern US and has great assets that he thinks are going to be helped by the slow improvement in the US economy and the slow improvement in US housing. This is in a high growth area in the US.</span></p> http://www.stockchase.com/opinions/view/140237 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140237 Apple <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A great company that has done incredibly well over the last little while. About 55% of their revenue comes from one product, the iPhone. With the bigger phone, it is going to eat away at the iPad business. The last thing they have been doing is financial engineering by buying back more shares, paying a bigger dividend, etc. The phone is really the thing that drives this company. It is probably more in a slow growth phase.</span></p> http://www.stockchase.com/opinions/view/140238 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140238 Twitter, Inc <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">From a valuation perspective, this is not something he would look at. They are slowing down. There are more people, but their revenue is going to be slowing down. Getting advertising is much harder. With all these things, they get to a certain level and start to deteriorate. Trading at a very high valuation, so there is risk. When companies like this miss, even slightly, it destroys their stock.</span></p> http://www.stockchase.com/opinions/view/140239 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140239 Burger King Worldwide Inc. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">There is a change in the way people think about food. It has had a good run. Doesn't think it is going to go much higher from here. There is a real change in the way people think about food, especially in the US. What may be saving them is that prices on a lot of their input products, other than beef, have gone down. This will help them in the next couple of quarters, but in the end, this is the issue, they&rsquo;re going to have to face.</span></p> http://www.stockchase.com/opinions/view/140240 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140240 JP Morgan Chase & Co <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Likes the whole US banking industry. Particularly thinks this one is an incredibly well-run franchise. Great retail, investment banking and great asset management. Feels it has really performed quite well.</span></p> http://www.stockchase.com/opinions/view/140241 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140241 Cenovus Energy <p>Sold his holdings. This is a well-run company. The last little fall has been really because of the price&nbsp; of oil. Have some very good assets and thinks they will continue to do well.</p> http://www.stockchase.com/opinions/view/140242 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140242 Air Canada (B) <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This is a company that he has never owned. Doesn't like airline stocks. There is way too much cyclicality for him. This has done well over the last couple of years, but there are some headwinds with it. He likes something that you can buy and hold for several years, and that is something you cannot do with an airline.</span></p> http://www.stockchase.com/opinions/view/140243 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140243 DH Corporation <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A great little company. Cheques are a very small part of their business now. In his view, they are effectively a financial technology company. Made a large acquisition in the US that is going really well and is changing the company. It is becoming more and more of a US company because there are many more banks in the US than in Canada. It has run up a lot, so he would look for a slight pullback. Nice dividend yield and they keep increasing their dividends all the time. Thinks they will take a break from this for the next little while as they want to pay down some debt.</span></p> http://www.stockchase.com/opinions/view/140244 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140244 Barclays Bank PLC <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Stock has been pushed down because of issues, that they will solve like a lot of the other banks did. Have a great retail franchise in the UK. Had a retail franchise in Europe which was poor, so they are getting out of those. Barclays credit card, although down, is a great asset to have. They have asset management. Also, have the investment bank, which has been their big problem. Had bought Lehman Brothers out of bankruptcy. Also, were very large in the fixed income side, which takes up a lot of capital. They are fixing those problems.</span></p> http://www.stockchase.com/opinions/view/140245 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140245 Amgen Inc. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">A biotechnology company, but looks more like a pharmaceutical company in his view. Trading at 18X earnings. Have some great products in their pipeline. Feels the stock is worth probably in the $200 range. Yield of 1.51%.</span></p> http://www.stockchase.com/opinions/view/140246 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140246 Canadian Natural Rsrcs <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Great Canadian oil company. Trades at 5X cash flow. About to throw off about $6-$7 billion free cash by about 2018. Great management. This pullback is a great opportunity to buy the stock. Yield of 2.35%.</span></p> http://www.stockchase.com/opinions/view/140247 Thu, 30 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140247 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Markets.</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> Japan upping its investment in equities and securities from 12% to 25% is material, but will they still have that sway. Thinks we are really in a post-central bank world. We'll have to wait for the next week or 2. Looking at all the different sectors and the different markets, what has really been noticeable in the last 2 months is that the areas with the strongest strength include US health, Canadian health, consumer Staples and utilities.</span></p> http://www.stockchase.com/opinions/view/140248 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140248 Canexus Corp <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">3-year chart is showing a break down.</span></p> http://www.stockchase.com/opinions/view/140249 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140249 Alaris Royalty <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">The three-year chart is showing a nice long-term upward trend. However, there is resistance at around $36. Indicators show that it is getting a little bit overbought.</span></p> http://www.stockchase.com/opinions/view/140250 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140250 Magna Int'l. (A) <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This has a great chart. It shows a drop recently, followed by a little bit of breakout. If it breaks the low of $102-$103, it is probably going to go lower, but it bounced off that support. You need to have it break out and test. It is still too early to tell. Watch for it to go higher before buying.</span></p> http://www.stockchase.com/opinions/view/140251 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140251 Canadian Energy Services & Technology <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He noticed that after the energy stocks started tanking when they shouldn't have been, they should have been strong through the end of July into October, and we have done nothing, but break down since July. It is not just a supply issue in oil and gas, but it is actually a demand issue. Support seems to be at around $7. This is across the area.</span></p> http://www.stockchase.com/opinions/view/140252 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140252 DHX Media <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><span style="color: #ff0000;">(They changed the share structure, and BNN only had access to a few weeks of the new shares.)</span> Chart shows a nice trend. It was a little disconcerting when you see strength in the market overall today and having this one come down. It could be just a little bit of profit taking.</span></p> http://www.stockchase.com/opinions/view/140253 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140253 Athabaska Oil Sands Corp <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Production in North America has just been phenomenal and is impacting prices. This one didn't even participate like other energy names, from the spring into mid-summer. Chart shows it has broken down. At $5-$6 it will probably have some sellers back in.</span></p> http://www.stockchase.com/opinions/view/140254 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140254 AbbVie Inc. <p><span style="color: #ff0000;"><strong>(A Top Pick Nov 14/13. Up 37.05%.)</strong></span> Exited his position. One of the big drivers for him to get out was the split as he likes to hold whole positions. A little overbought right now and they could come back to around $52. This whole space is really good. If you own, continue to Hold. <span style="color: #ff0000;"><strong>(See Top Picks.)</strong></span></p> http://www.stockchase.com/opinions/view/140255 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140255 Enbridge <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Nov 14/13. Up 21.04%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> In July he had a feeling future earnings might be impacted by the low oil prices, so he exited his position.</span></p> http://www.stockchase.com/opinions/view/140256 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140256 Fortis Inc. <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Nov 14/13. 20.39%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> This has been a fantastic name. A little overbought right now. Great space. Highly regulated business. This has a fortress balance sheet. It could pull back to a support level, but he expects there could be buyers there.</span></p> http://www.stockchase.com/opinions/view/140257 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140257 Westshore Terminals Inc. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">The three-year chart shows a nice, long, upward trend. It has now dropped below this trend a little bit and he wonders if this is a trend change. MACD is reasonable. Relative strength and Stochastics indicators also look reasonable. There was a pretty sharp drop back in early October, but has gotten back above the moving averages, which is pretty positive. He would look at $31.50-$32 as your line in the sand.</span></p> http://www.stockchase.com/opinions/view/140258 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140258 Baytex Energy Corp <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Participated in the trend break into October. He would have liked to see it hold its support at around $37. The fact that it is below that is a little bit troubling. Also, the other indicators are not showing any kind of strength. It is looking to test the low of $33.24, and if it breaks that, you would have to go back on a much longer time frame as to where it is going to come in. This will probably depend on the macro picture of oil supplies.</span></p> http://www.stockchase.com/opinions/view/140259 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140259 Agrium <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He sees resistance at around $51. A lot of indicators are sort of at the upper end. Just because indicators are high doesn't mean that it can't continue higher. It is how it corrects in relation to investors coming in. Chart shows it has just broken through the April high at around $109 with resistance back in January at about $115. The last action has being a pretty quick, sudden move, so there is an expectation that it could come back a few percentage points, maybe to $105-$106.</span></p> http://www.stockchase.com/opinions/view/140260 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140260 Martinrea <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This auto parts manufacturer had a lawsuit hanging over it and the stock really fell, and then recovered and pretty well doubled. Chart shows it has a nice trend line and is a little bit below it. Stochastics indicator is at the high end of its range, so it might be exhausted right now on a short-term basis. He would be careful of the $10.66 level and make sure it holds. A little bit undervalued and a little bit over bought.</span></p> http://www.stockchase.com/opinions/view/140261 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140261 First Quantum Minerals <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Sold his holdings at about $22 when it broke down through a resistance point. Not a stock for the faint of heart. You want to see this hold support at its $16 level. It is trying to find a bottom. He would rather pay something like $19.</span></p> http://www.stockchase.com/opinions/view/140262 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140262 Westport Innovations <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">On a short-term basis, there is nothing to indicate that anything is going to change on this one. The trend is down. Whatever the fundamental story that you are pinning your hopes on, it had better be a big enough catalyst and something that the market hasn't already discounted.</span></p> http://www.stockchase.com/opinions/view/140263 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140263 BCE Inc. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">MACD never really came down. Has a pretty strong indication of strength. Looks like a pretty good place to be and it ranks well.</span></p> http://www.stockchase.com/opinions/view/140264 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140264 Whitecap Resources <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Chart shows a nice little trend. This is one that has sort of bucked that bigger energy profile that where on a lot of other energy companies. Well favoured by a lot of analysts. Chart shows that it looks like it is really trying to hold in here. He sees no reason you should Sell this.</span></p> http://www.stockchase.com/opinions/view/140265 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140265 SPDR Health Care E.T.F. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Healthcare. Chart shows a V bottom this month. As a longer-term investor, he would like to hold this for a while. If it came back to the breakout level in the low $60, he would like to buy some more. Healthcare is a generational thing that we are just embarking on.</span></p> http://www.stockchase.com/opinions/view/140266 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140266 SPDR Utilities E.T.F. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Utilities have been hitting record highs. Usually they do well in softer environments, but in the last 2 months, they have shown great strength. Well above its uptrend and he is looking to add to his position. The market does really not believe that we've got escape velocity growth.</span></p> http://www.stockchase.com/opinions/view/140267 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140267 George Weston Ltd. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Controls Loblaw's (L-T) which just bought Shoppers. Fantastic brands. A reasonably boring company. Has a fantastic war chest and has to decide what it is going to do with its money. Recently, it has just broken out above a pretty significant level of $91. </span></p> http://www.stockchase.com/opinions/view/140268 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140268 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Markets.</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> He was pleased to see Japan announcing they were ramping up their stimulus program. They were stagnant for so long that it make sense. There are risks that they are taking on debt, but it kick starts the economy, so it is a good thing. On the general market, he wouldn't be surprised to see things coming back up again. He is very bullish on the US. This recovery is very real. We are getting better job reports, housing is doing better, new car sales, etc. He has been positioning his clients on a stronger US$ for about a year. He has started to dip his toes back into energy.</span></p> http://www.stockchase.com/opinions/view/140269 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140269 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>Options Straddles?</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> A straddle is where you really don't know which way the market is going to go, so you buy some Call options and some Put options at the same price. The idea is that as long as there is enough volatility to cover up the cost of the options ($2 on each side, and $4 in volatility, you are going to make money.) He likes to do straddles on an event driven basis. He doesn't want to put them on and hope for the market to be volatile, because they are a wasting asset. He wants a date where he knows there is something coming, such as earnings report, or a fed meeting, where he thinks there could be volatility, and will apply the options as close to that date as possible (maybe one week). You always have to remember that options are a wasting asset.</span></p> http://www.stockchase.com/opinions/view/140270 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140270 A Comment -- General Comments From an Expert <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>How far out would you go to buy a Put on a bank?</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> Not very much. He Sells Calls on a bank because he wants to get the income from the banks. To buy Puts on a bank because he expects them to go down is a wasting asset. First of all, he would buy them a little bit out of the money to get better leverage, but wouldn't go too far out in terms of time because you pay too much and the chances of recovering your money diminish every week.</span></p> http://www.stockchase.com/opinions/view/140271 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140271 iShares S&P/TSX Equity Income <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This used to be 55 basis points, which is very high. They chopped it along with a number of other ETF management fees down to 20 basis points. This is now yielding about 4.3% and he likes it. This has lots of growth in it.</span></p> http://www.stockchase.com/opinions/view/140272 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140272 First Trust ISE Cloud Comput. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He normally doesn't follow the Cloud ETF's. Valuations on these are generally through the roof, so he doesn't like to buy stuff like that. If someone wants to be in a niche market and is familiar with the Cloud and how it works, by all means buy some, but just remember the risks involved.</span></p> http://www.stockchase.com/opinions/view/140273 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140273 BMO US High Dividend C. C. ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This is a US Covered Call ETF with a higher dividend. He likes this and has quite a bit of it. Pays around a 5% dividend yield. You have to remember that the yields will be treated as income in Canada, but you have the advantage of the Covered Calls being treated as capital gains.</span></p> http://www.stockchase.com/opinions/view/140274 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140274 Direxion Gold Miners Bull 3X <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This one would certainly cause him some fear. He completely avoids any of these leveraged ETF's. You can get caught, even if you're on the right side of the market and direction, because the price is structured on a day to day basis. Any of these levered things are very risky.</span></p> http://www.stockchase.com/opinions/view/140275 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140275 Vangrd European E.T.F. <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Oct 15/13. Up 2.68%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> This is a very good ETF. It is very cheap to be able to buy Europe for 12 basis points and, in the meantime, it is earning about 4.3% in the dividend.</span></p> http://www.stockchase.com/opinions/view/140276 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140276 Vanguard Large Cap ETF <p><span style="color: red; font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"><strong>(A Top Pick Oct 15/13. Up 20.77%.)</strong></span><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;"> This holds about 600 US stocks, and gives you a broad US exposure based on the S&amp;P 500. Dirt cheap at about 7 or 8 basis points.</span></p> http://www.stockchase.com/opinions/view/140277 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140277 iUnits S&P/TSX Capped Energy ETF <p><span style="color: #ff0000;"><strong>(A Top Pick Oct 15/13. Down 0.15%.)</strong></span> He is looking at this again and has bought a little and getting set to buy more. <span style="color: #ff0000;"><strong>(See Top Picks.)</strong></span></p> http://www.stockchase.com/opinions/view/140278 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140278 BMO Low Volatility Cdn Eqty ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He doesn't normally use this. This is more of a value play, so it has a lower beta. It held up very well when the market started to tank in September. It is doing what it should be doing.</span></p> http://www.stockchase.com/opinions/view/140279 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140279 iShares MSCI Hong Kong E.T.F. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">Chinese related stocks based in Hong Kong. There is absolutely no problem in buying this as a long-term hold. But he would keep it as a relatively small amount.</span></p> http://www.stockchase.com/opinions/view/140280 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140280 BMO S&P/TSX Laddered Preferred <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">The one thing about this is that it doesn't have Perpetuals in it. The perpetuals are the ones where it is a fixed rate, and they're very subject to interest rate changes. He has recommended this in the past. It is a good one.</span></p> http://www.stockchase.com/opinions/view/140281 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140281 iShares Equal Weight Bank & Lifeco ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This gives you banks and lifecos. He tends to prefer the bank only, simply because we saw what happened to the lifecos during the recession and they hadn't hedged their positions. He still has a bit of a bias about that. You could take a look at these and be pretty confident. He would prefer iShares TSX 60 ETF (XIU-T) as they have the banks and lifecos already included.</span></p> http://www.stockchase.com/opinions/view/140282 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140282 iShares Mortgage Plus ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">This is a really interesting ETF. Yields 11%-13%. It is not a standard REIT in terms of bricks and mortar, but it is a mortgage REIT. He didn't know how you could have this kind of yield without some unstated risk. There is no return of capital so that doesn't apply. The structure of this allows them to play a lot of interesting games in terms of the kinds of credit they will accept. For example, some unrated loans, construction loans, bonds, etc. As a result, there is a higher risk profile on this, but they have managed it pretty well. However, it is quite volatile, so you have to be prepared for this. Do not use this as your core retirement fund.</span></p> http://www.stockchase.com/opinions/view/140283 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140283 iShares S&P Global Water E.T.F. <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He has never really liked theme stocks. Water stuff was very popular a couple years ago and it didn't do anything. Feels the only reason it went up is because a rising tide lifts all boats. He doesn't see any reason to be in this.</span></p> http://www.stockchase.com/opinions/view/140284 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140284 BMO Dow Jones Indus. Avg. Hedge ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">He likes this. They sell the Calls on each of the 30 Dow stocks, which is why you get a better yield than if you are just selling it against the Dow or selling it against the equal weight bank index. However, the MER's are too high.</span></p> http://www.stockchase.com/opinions/view/140285 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140285 BMO S&P/TSX Oil & Gas ETF <p><span style="font-family: 'Times New Roman'; font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-CA; mso-fareast-language: EN-CA; mso-bidi-language: AR-SA;">You get a little more play on Trans Canada Pipe (TRP-T) and Enbridge (ENB-T), which he likes. This should work out very well because of Trans Canada Pipe leading the way on the Canada east contract. He thinks that is going to work out very well. This has lots of growth in it.</span></p> http://www.stockchase.com/opinions/view/140286 Fri, 31 Oct 2014 00:00:00 -0400 http://www.stockchase.com/opinions/view/140286