Don Vialoux
FT AlphaDEX Cdn. Dividend ETF
FDY-T
TOP PICK
May 17, 2016
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.
(A Top Pick Nov 30/15. Down 9.98%.)This was chosen because it was a smart ETF that was supposed to outperform the US equity market. It outperformed the S&P 500, but everything went down, which meant you lost less then if you had actually held the market.
(Top Pick May 17/16, Up 3.20%)The intention is to take profits at the middle of July. The plan worked as it outperformed the TSX since May 17. You have another week to go.
(A Top Pick May 17/16. Up 4.47%.)This not only did well, but it outperformed the TSE Composite. Now we have reached the period of seasonal strength and there are early signs that momentum is starting to roll over. Take your profits.
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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.