BMO EQL WGT GBL BASE METAL HEG CAD ETF (ZMT.TO)

An equal weight play on metals. It has come off significantly from recent highs. There are massive risks in this sector. You have to be very, very good on your timing. He is not stepping in right now.

(A Top Pick Nov 7/16. Up 21.01%.) The period of seasonal strength is normally around the middle of November right through until January, and that is followed by another good move through the spring time.

The period of seasonal strength for base metal stocks in general, is normally from right around now. Technically, base metal prices have been going higher over the last few weeks. The chart shows this is in a distinct upward trend. It is outperforming the market. The reason is because earnings, beginning in the 4^th quarter for base metal companies, will increase dramatically.

He bought it for a trade and still holds it. He is looking for 20% and then in all likelihood will be out. He thinks it has further to go from here.

It is a bet on China recovering. It is base metals. He decided to go back into it. It can’t go down much unless they start giving away copper for free. He is at only 1% as it is a gable.

(A Top Pick Feb 12/16. Up 27.27%.) Recommended 2 weeks ago that profits should be taken The period of seasonal strength on this is normally from the end of January through until the middle of April. If you own, take some profits during the next week or 2.

The period of seasonal strength on base metals is from the 3^rd week of January right through until around the middle of April. On a technical basis, the sector has finally started showing signs of bottoming during the last 3 weeks. It recently broke above a short-term trading range, and is outperforming the market. Buy on weakness. He would put this trade on through to May.

(Top Pick Sep 21/12, Down 14.40%) He got in early. Not worried about a slowdown in China. Now is the time to get in.

(A Top Pick Sept 21/12. Down 11.57%.) Was a little bit premature. Thought the low was mid-2012 but actually was this year. Looking at the components of the TSX, some of the copper producers, they don’t look too bad. If you own, continue to hold.

(Top Pick Mar 28/12, Down 25.87%) Sold half last year. Not in a race to get back into it. He was underweight and doesn`t buy gold. He is treading lightly.

Base metals have been beaten up pretty badly in the past year so this is a Buy Low opportunity. Long-term, metals is the sort of thing that, as the economy grows and, as people keep on putting money into infrastructure, things like base metals will have to do reasonably well.

(A Top Pick March 2/12. Down 20.31%.) Technicals did not support this last year so he did not go into this trade. This year it is trending down and underperforming with the TSE and the S&P 500 and is below its 20 day moving average. Historically seasonal strength is from January right through until May but the technicals do not support this trade this year.

(A Top Pick Feb 3/12. Down 5.23%.) This was connected to his other choice of CHI-T for China. Market started falling out of bed last spring and global base metals got clobbered.

(A Top Pick March 2/12. Down 15.32%.) (Note: His Picks are never on a 52-week basis but on a short-term seasonal basis. However all 3 of his picks failed as seasonal trades. He liquidated all 3 around the beginning of April when the technicals started to turn negative.

(A Top Pick Dec 22/11. Down 10.81%.) Likes this because it has all the major mining companies but metals have taken a battering because everyone thought China was going into a hard landing. Sold some of his position. Thinks it is due for a comeback and he has started nibbling away at it.