Mike Philbrick SPDR Dow Jones Industrial Average ETF DIA-N COMMENT Jul 16, 2021

(Do not purchase this top pick until around mid-October.) He prefers the Diamonds over the SPDR’s because of his technical criteria. You want to be in securities that are outperforming the market, which in this case is the S&P 500 and right now the Diamonds are outperforming the S&P 500.

A Broad ETF that covers cyclical stocks? The most cyclically oriented index would probably be the Dow Jones. It is primarily industrials.

(A top pick Sept 28/12. Up 16.04%.) Normally you want to buy diamonds right around October and hold it right through until May of each year. He got out around the 1^st week of May, which is the end of seasonal strength of the US equity market.

Chose this because during the last 4 weeks, the Dow has been outperforming the S&P 500 a little. Thinks there is a really good reason for this and it will continue at least until January. It has to do with something that happened today in the market. These companies have tons of cash which is starting to burn a hole in their pockets. Many of these companies are probably going to be announcing share buybacks when they release their 4^th quarter results. That whole area is getting lined up for anticipation of good news.

A good ETF for a 15-year-old? This one would be excellent. Trades at 1/100 the value of the Dow Jones industrial average, and is a great way to start. Because you live in Canada, he would put half your money in Canada and half in the US. For Canada, he would probably look at iUnits S&P/TSX 60 ETF (XIU-T).

The technicals are positive as well as the seasonality. It takes off this time of year. 60% of Dow company earnings are international. Currency means you have a 5% growth already just from currency changes.