Opinions

Richard Croft HBP S&P/TSX 60 Bull+ E.T.F. HXU-T TOP PICK Sep 19, 2008

A “double up” play on the Canadian market. Not sure we will get back to 15,000 this year, but thinks there is strength in the Canadian economy. If US economy begins to stabilize (market is a leading indicator and will pick this up 6 to 8 months before the actual turnaround) Canada is in good shape to take advantage of that.

Richard Croft

Owned

Unlock Rating

$25.980

Stock price when the opinion was issued

E.T.F.'s

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

Likes for leveraging on short-term exposures. Great product for trading. Not the best product for investing long-term. They are re-leveraged and rebalanced on a daily basis.

BUY

They replicate the index by buying the constituent elements of the index. The beauty of them is their relatively low costs. A very easy way for both amateurs and professionals to get exposure to the market or use it as a hedge against existing positions.

BUY

BetaPro S&P/TSX 60 Bear E.T.F (HXD-T) and BetaPro S&P/TSX 60 Bull E.T.F. (HXU-T) are great for short-term trading. Would be little more cautious for long-term trading. For more sophisticated investors.

COMMENT

This is the Bull ETF. It goes up about twice the percentage rate that the TSX would go up.

BUY

Gives you 2X exposure on upside for the TSX. Great for sort-term traders. By on weak Days.

BUY

TSX-60 exposure. Stay long. Consider hedging exposure with a single inverse.

PAST TOP PICK

(Top Pick Sep 19/08 Down 43.07%) This is the risk with leveraged ETFs

BUY

He thinks equity markets will soon be breaking out to new all time highs. As long as an investor is nimble, this leveraged asset would be a good entry point, but trade with a good tight stop.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Richard Croft HBP S&P/TSX 60 Bull+ E.T.F. HXU-T TOP PICK Sep 19, 2008

You might be interested:

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

HBP S&P/TSX 60 Bull+ E.T.F.(HXU-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Brendan Caldwell

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase Insights

Jim Cramer - Mad Money