Stock price when the opinion was issued
Historically the Canadian market does very well right through until June 15, so there is still another month for the Canadian market to go higher. He looked for specialty ETF’s that are designed to outperform the Canadian market, and this one fits that bill. It just broke through to an all-time high yesterday.
It is a call on the Canadian market. December is the strongest month of the year. It is when the Canadian market outperforms the US Market. This pick has been outperforming the market and is looking interesting on a technical basis.